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Real-Time Location Systems (RTLS) Market: Industry Analysis and Forecast 2023

North America possesses high market potential as compared to others with diverse industry verticals implementing real-time location systems to a greater extent. Furthermore, it is projected to generate the highest market revenue during the forecast period with predominant deployments in the healthcare sector.

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Real-Time Location Systems (RTLS) Market: Industry Analysis and Forecast 2023

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Real-Time Location Systems (RTLS) Market Global Opportunity Analysis and Industry Forecast, 2014-2022

  2. Introduction • Real-Time Location Systems Market is expected to reach $7,585 million by 2022, supported by a CAGR of 31.4% during the forecast period • Real-time location system (RTLS) detects and tracks the geographical position of people and objects in real-time • The improved ability of real-time tracking in diverse business processes boosts the real-time locations systems market share.  • The real-time location systems market is driven by an increase in use of smartphones for mobile applications, such as gaming apps, business and communication apps, health & wellness apps, and personal convenience apps, which use real-time positioning information • Asia-Pacific is estimated to grow fastest due to increase in the adoption of RTLS and extensive growth in China, Japan, Australia, and India

  3. Key Factors of the Market • Increase in demand for smartphones, diverse opportunity across applications, and rapid proliferation of business analytics solutions are expected to drive the real-time location systems market growth • Technological advancements are expected to provide lucrative opportunity for the market growth • Increase in proliferation of RTLS technology is expected to enable patients to search nearby labs and hospitals as per their convenience, thereby driving the real-time location systems market growth • The adoption of RFID has significantly increased owing to its enhanced features such as low maintenance cost, high accuracy, and long battery life as compared to other wireless communication technologies such as Wi-Fi, thus providing growth opportunity for the real-time location systems market

  4. Real-Time Location Systems Market Get PDF Brochure of this report study @ https://www.alliedmarketresearch.com/request-sample/1931

  5. Key Benefits of the Market • Healthcare and manufacturing & processing sectors are expected to exhibit a significant growth in the real-time location systems industry • RFID generated the highest revenue among technologies of real-time location systems market • Asia-Pacific is projected to exhibit substantial growth during the forecast period

  6. Market Segmentation

  7. Key Players of the Market • Stanley Healthcare Solutions (AeroScout, Inc.) • Zebra Technologies Corp. • Versus Technology, Inc. • Axcess International, Inc. • SAVI Technology • Sonitor Technologies AS • TeleTracking Technologies, Inc. • Awarepoint Corp. • DecaWave Limited • Ubisense Group PLC. • Get PDF Brochure of this report study @ https://www.alliedmarketresearch.com/purchase-enquiry/1931

  8. Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285

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