HOME Top Market Reports Real-Time Location Systems (RTLS) Market by Product (Tags, Sensors, Software), Technology (Wi-Fi, RFID, Infrared, Ultrasound, UWB, Zigbee), Application, Industry Vertical (Healthcare, Logistics, Manufacturing, Retail) & Geography 2013 - 2020

Real-Time Location Systems (RTLS) Market by Product (Tags, Sensors, Software), Technology (Wi-Fi, RFID, Infrared, Ultrasound, UWB, Zigbee), Application, Industry Vertical (Healthcare, Logistics, Manufacturing, Retail) & Geography 2013 - 2020

By: marketsandmarkets.com
Publishing Date: January 2014
Report Code: SE 2215

 

  Speak to Analyst Enquiry Before Buying
Analyst Briefing  
purchase report
download pdf  request for customisation


Real-Time Location Systems are defined as a location tracking system that utilizes wireless technologies to identify the exact position of any specific asset or personnel within a facility; it enables real-time asset/staff tracking as well as management with the help of RTLS tags and badges. The RTLS system mainly comprises of battery-powered tags/ badges, location sensors, location readers, network infrastructure, and application software/middleware. Presently, workflow automation and process optimization are the two major parameters that provide any enterprise the ability to improve its staff’s productivity and operational excellence. RTLS solutions result into streamlined processes by controlling and managing assets/personnel of an enterprise. Hence, the market demand of RTLS solutions is growing at a fast pace in all industries, including healthcare, manufacturing, defense, logistics, and many others. Some of the major benefits provided by RTLS include enhanced asset management, improved staff safety & security, streamlined process workflow, and efficient supply chain & logistics operations. Several governments all around the world are taking initiatives, such as putting in huge investment in RTLS technology, to further promote the growth of this market.

This study also showcases a comprehensive overview of the global market by enveloping all major market segmentations combined with detailed qualitative and quantitative analysis of each market segment. The market numbers are forecasted from 2013 till 2020, to present a glance of the huge market potential offered by this market within the forecast period from 2013 to 2020.

In this research study, the competitive landscape section comprises key growth strategies of major Real-Time Location Systems’ providers in the global Market including Zebra Technologies (U.S.), AeroScout (U.S.), Awarepoint (U.S.), Centrak (U.S.), Ekahau (U.S.), GE Healthcare (U.K.), Identec Solutions (Austria), TeleTracking Technologies (U.S.), Ubisense (U.K.), Versus Technology (U.S.), and Axcess International (U.S.), among others.

Scope of the report

This research report categorizes the market based on various products, technologies, applications, industry verticals, and geographical regions. It also covers the revenue forecast from 2013 to 2020 and showcases the industry trends in the forecasted period. The market segmentation of the global market is described below:

On the basis of Product

The market by product is majorly segmented into hardware, software, and services; wherein hardware comprises of tags/badges, location sensors, readers or interrogators & others; software includes location engine, application software & middleware; and services consist of installation/maintenance & other professional services.

On the basis of Technology

The major wireless technologies used in RTLS includes RFID, Wi-Fi, ultrasound, Ultra-Wide Band (UWB), Infrared, Zigbee, GPS, and Bluetooth. Presently, active RFID and Wi-Fi based Real-Time Location Systems solutions are driving the growth of the market; however, new technologies such as UWB and Zigbee are estimated to have a promising future in all the industry verticals.

On the basis of Application

The major applications of Real-Time Location Systems include asset tracking & management, personnel & staff tracking, patient tracking, staff safety & work flow automation, and environment sensing & monitoring.

On the basis of Industry Vertical

The major industry verticals where RTLS solutions are being deployed include healthcare, logistics & transportation, industrial manufacturing (automotive, aerospace, and other discrete manufacturing), government & defense, process industries (mining, oil & gas), retail, hospitality, and education, among others.

On the basis of the Geography

Geographical analysis covers Americas, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). In this report, Americas is the market leader in terms of market value and Real-Time Location Systems installations. The Asia-Pacific region is estimated to be the fastest-growing market with a huge untapped market, especially in industrial RTLS applications.

Table Of Contents
 
1 Introduction (Page No. - 23)
   1.1 Key Take-Aways
   1.2 Report Description
   1.3 Markets Covered
   1.4 Stakeholders
   1.5 Research Methodology
         1.5.1 Market Size Estimation
         1.5.2 Market Crackdown and Data Triangulation
         1.5.3 Key Data Points From Secondary Sources
         1.5.4 Key Data Points From Primary Sources
         1.5.5 Assumptions
         1.5.6 List of Companies Covered During Study

2 Executive Summary (Page No. - 37)

3 Cover Story (Page No. - 42)
   3.1 Introduction
   3.2 Key Findings
         3.2.1 Interview: Adebayo Onigbanjo, Senior Product Marketing Manager, Zebra Technologies
         3.2.2 Interview: Mark Gallant, Vice President - Industrial Marketing, Aeroscout
         3.2.3 Interview: Adam R. Peck, Director of Marketing, Centrak
         3.2.4 Interview: Benjamin D. Donohue, Vice President, Business Development, Axcess International
         3.2.5 Interview: Jean-Marie andré, Cofounder and Ceo, Bespoon
         3.2.6 Interview: Aleks Gollu, Founder and Chief Technology officer, Pinc Solutions

4 Market Overview (Page No. - 68)
   4.1 Introduction
   4.2 Market Definition
   4.3 History & Evolution
   4.4 Market Dynamics
         4.4.1 Market Drivers
                  4.4.1.1 Standards Governing RTLS- Pathways to Market Success
                  4.4.1.2 Achieve More With Less- Optimum Resource Utilization By Efficient Asset Tracking and Management With RTLS Solutions
                   4.4.1.3 Decreasing Cost of RTLS Solutions, Will Surge The Adoption Rate
                   4.4.1.4 Technological Advancements Act As A Key to Success in The Real-Time Location Systems Market
                   4.4.1.5 Escalating Applications in Numerous Industry Sectors Act As A Catalyst For The RTLS Market’s Growth
                   4.4.1.6 Government Support For Encouraging The Use of Real-Time Location Systems Driving Factor For Its Growth
          4.4.2 Market Restraints
                   4.4.2.1 High Upfront Costs &Budgetary Constraints- Inhibiting The Adoption of RTLS
                   4.4.2.2 Technical Issues and Operational Challenges Hinder The Acceptance Rate
                   4.4.2.3 Privacy and Security Concerns in Healthcare Sector May Inhibit The Adoption of Real-Time Location Systems
          4.4.3 Market Opportunities
                   4.4.3.1 Emerging Opportunities in The Industrial Manufacturing Sector- Tremendous Growth Is Expected
                   4.4.3.2 Developing Economies Such As APAC & ROW- Emerging Hotspots For RTLS Growth
   4.5 Winning Imperative
          4.5.1 Availability of Large Untapped Market in The Healthcare Sector- Boosts The Market Prospects For Real-Time Location Systems
   4.6 Burning Issue
         4.6.1 Lack of Awareness Among End Customers- A Major Concern For RTLS Vendors
   4.7 Value Chain Analysis of RTLS
   4.8 Porter’s Five Forces Model
         4.8.1 Degree of Competition
         4.8.2 Bargaining Power of Buyers
         4.8.3 Bargaining Power of Suppliers
         4.8.4 Threat From Substitutes
         4.8.5 Threat From New Entrants

5 By Product (Page No. - 103)
   5.1 Introduction
   5.2 Hardware
         5.2.1 Tags
                  5.2.1.1 Major Companies offering Tags Based On Various Wireless Technologies
                  5.2.1.2 Difference Between Active RFID and Passive RFID Tags
         5.2.2 Readers/Location Sensors/Interrogators
                  5.2.2.1 Major Companies Offering Readers/Sensors/Interrogators/Transponders
         5.2.3 Related Hardware
                  5.2.3.1 Repeaters and Access Points
                  5.2.3.2 Tag Modules
   5.3 Software/Middle Ware/Location Engine
         5.3.1 Major Companies Involved in Real-Time Location Systems Software
   5.4 Services
         5.4.1 Major Companies Involved in RTLS Services

6 By Technology (Page No. - 130)
   6.1 Introduction
         6.1.1 Major RTLS Providers in The Technology Market
         6.1.2 Difference Between RTLS, RFID and Gps Location Tracking Technologies
         6.1.3 Comparison Between Different Real-Time Location Systems Technologies
   6.2 RFID
         6.2.1 Active RFID
                  6.2.1.1 Major Real-Time Location Systems Providers in Active RFID Technology
       6.2.2 Passive RFID
               6.2.2.1 Passive RFID - Making Cost Effective RTLS Solutions -A Reality
               6.2.2.2 Major RTLS Providers in Passive RFID Technology
   6.3 Wi-Fi
         6.3.1 Wi-Fi- Expanding Footprint in New Real-Time Location Systems Applications
         6.3.2 Major RTLS Providers in Wi-Fi Technology
   6.4 Ultra Wide Band
         6.4.1 Uwb- A Strong and Emerging Contender With Huge Market Potential
         6.4.2 Major RTLS Providers in Uwb Technology
   6.5 Zigbee
         6.5.1 Zigbee Versus Other Wireless Networks
         6.5.2 Major Real-Time Location Systems Providers in Zigbee Technology
   6.6 Ultrasound
          6.6.1 Major RTLS Providers in Ultrasound Technology
   6.7 Infrared
         6.7.1 Major RTLS Providers in Infrared Technology
   6.8 Others
         6.8.1 Combined Technologies
         6.8.2 Gps
         6.8.3 Bluetooth
         6.8.4 Major RTLS Providers in Other Technologies Based RTLS

7 By Application (Page No. - 173)
   7.1 Introduction
   7.2 Asset Tracking & Management
         7.2.1 Real Time Asset Tracking- Pathway to Cost Savings and Operational Excellence
         7.2.2 Major Companies in Asset Tracking & Management Application
   7.3 Personnel & Staff Tracking
         7.3.1 Personnel/Staff Tracking With Real-Time Location Systems Results in Improved Staff Productivity and Optimized Workflow
         7.3.2 Major Companies in Personnel & Staff Tracking Application
   7.4 Patient Tracking & Management
         7.4.1 Major Companies in Patient Tracking & Management Application
   7.5 Staff Safety & Work Flow Automation
         7.5.1 Safety & Security Applications- Fuelling RTLS’ Demand Worldwide
         7.5.2 Major Companies in Staff Safety & Workflow Automation Application
   7.6 Others
         7.6.1 Environment Sensing & Monitoring
                  7.6.1.1 Major Companies in Environment Sensing & Monitoring Application

8 By Industry Vertical (Page No. - 197)
   8.1 Introduction
   8.2 Healthcare
         8.2.1 Healthcare- Largest Market For RTLS With Continuous Rise in New and Exciting Applications
         8.2.2 Major Real-Time Location Systems Providers in Healthcare Vertical
         8.2.3 Major Applications of RTLS Solutions in Healthcare Vertical
   8.3 Logistics and Transportation
         8.3.1 Major Real-Time Location Systems Providers in Logistics & Transportation Vertical
   8.4 Government and Defense
       8.4.1 Major RTLS Providers in Government & Defense Vertical
   8.5 Industrial Manufacturing
         8.5.1 Industrial Manufacturing- Key Growth Market With Tremendous Opportunities For RTLS Vendors
         8.5.2 Major RTLS Providers in industrial Manufacturing Vertical
   8.6 Process Industries (Oil & Gas, Mining)
         8.6.1 Safety Concerns in Process Industries Surge The Demand of RTLS Solutions Worldwide
         8.6.2 Major RTLS Providers in Process Industries Vertical
   8.7 Retail
   8.8 Hospitality
         8.8.1 Major Applications of Real-Time Location Systems Solutions in Hospitality Vertical
   8.9 Education
   8.10 Others

9 By Geography (Page No. - 231)
   9.1 Introduction
         9.1.1 Major Real-Time Location Systems Providers in Different Geographies
   9.2 Americas
         9.2.1 Americas- Healthcare Drives The Future RTLS Growth With $543 Million Contract By Veteran Affairs Department (U.S.) to Deploy RTLS
         9.2.2 Major RTLS Providers in Americas
   9.3 Europe
         9.3.1 Emerging Technologies Such As Uwb and Zigbee Escalates RTLS Demand in Europe
         9.3.2 Major RTLS Providers in Europe
   9.4 APAC
         9.4.1 APAC- Emerging Revenue Pocket For Real-Time Location Systems Market With Huge Untapped Potential
         9.4.2 High Industrial Growth and Increasing Customer Awareness- Driving Factors For RTLS Growth
   9.5 ROW
         9.5.1 Mining and Oil & Gas Industries in ROW- Target Markets With Large & Unexplored Growth Potential

10 Competitive Landscape (Page No. - 267)
   10.1 Introduction
   10.2 Key Growth Strategies
   10.3 Market Share Analysis of Major RTLS Providers
   10.4 New Product Launches/Developments
   10.5 Mergers & Acquisitions
   10.6 Partnerships/Agreements/Contracts/ Collaborations
   10.7 Others

11 Company Profile (Overview, Products and Services, Financials, Strategy & Development)* (Page No. - 291)
   11.1 Aeroscout
   11.2 Axcess International
   11.3 Versus Technology
   11.4 Bespoon
   11.5 Centrak
   11.6 Pinc Solutions
   11.7 Identec Solutions
   11.8 Innerwireless
   11.9 Mojix
   11.10 Thingmagic
   11.11 Essensium
   11.12 Wavemark
   11.13 Rf Technologies
   11.14 Zebra Technologies
   11.15 Ge Healthcare
   11.16 Intelligent Insites
   11.17 Ubisense
   11.18 Awarepoint
   11.19 Ekahau
   11.20 Elpas
   11.21 Plus Location Systems
   11.22 Teletracking Technologies
   11.23 Sonitor Technologies
   11.24 Skytron
   11.25 Savi Technology
   11.26 Radianse
   11.27 Motorola Solutions

*Details On Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.


List Of Tables (109 Tables)

Table 1 General Assumptions, Terminology & Application Key Notes
Table 2 List of Companies Covered
Table 3 RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 4 RTLS Market: Standards Overview
Table 5 Major Applications
Table 6 RTLS Market Value, By Product, 2013-2020 ($Million)
Table 7 Hardware: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 8 Hardware: Market Value, By Application, 2013-2020 ($Million)
Table 9 Hardware: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 10 Hardware: Market Value, By Geography, 2013-2020 ($Million)
Table 11 Comparison Between Active RFID Tag and Passive RFID Tag
Table 12 Advantages/Disadvantages of Active RFID and Passive RFID Tags
Table 13 Software: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 14 Software: Market Value, By Application, 2013-2020 ($Million)
Table 15 Software: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 16 Software: Market Value, By Geography, 2013-2020 ($Million)
Table 17 Services: Market Value, By Technology, 2013-2020 ($Million)
Table 18 Services: Market Value, By Application, 2013-2020 ($Million)
Table 19 Services: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 20 Services: Market Value, By Geography, 2013-2020 ($Million)
Table 21 RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 22 Difference Between RTLS, RFID, and Gps Location Tracking Technologies
Table 23 RTLS Market: Technology Comparison
Table 24 RFID: RTLS Market Value, By Product, 2013-2020 ($Million)
Table 25 RFID: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 26 RFID: Market Value, By Geography, 2013-2020 ($Million)
Table 27 Wi-Fi: RTLS Market Value, By Product, 2013-2020 ($Million)
Table 28 Wi-Fi: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 29 Wi-Fi: Market Value, By Geography, 2013-2020 ($Million)
Table 30 Uwb: RTLS Market Value, By Product, 2013-2020 ($Million)
Table 31 Uwb: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 32 Uwb: Market Value, By Geography, 2013-2020 ($Million)
Table 33 Merits & Demerits of Zigbee
Table 34 Comparison Between Zigbee & Other Wireless Technologies
Table 35 Zigbee: RTLS Market Value, By Product, 2013-2020 ($Million)
Table 36 Zigbee: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 37 Zigbee: Market Value, By Geography, 2013-2020 ($Million)
Table 38 RTLS: Technology Evaluation
Table 39 Ultrasound: RTLS Market Value, By Product, 2013-2020 ($Million)
Table 40 Ultrasound: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 41 Ultrasound: Market Value, By Geography, 2013-2020 ($Million)
Table 42 Infrared: RTLS Market Value, By Product, 2013-2020 ($Million)
Table 43 Infrared: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 44 Infrared: Market Value, By Geography, 2013-2020 ($Million)
Table 45 Comparison Between RTLS and Gps Technology
Table 46 Other Technologies: RTLS Market Value, By Product, 2013-2020 ($Million)
Table 47 Other Technologies:  Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 48 Other Technologies: Market Value, By Geography, 2013-2020 ($Million)
Table 49 RTLS: Major Applications & Benefits
Table 50 RTLS Market Value, By Application, 2013-2020 ($Million)
Table 51 Asset Tracking and Management: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 52 Asset Tracking and Management: RTLS Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 53 Asset Tracking and Management: Market Value, By Geography, 2013-2020 ($Million)
Table 54 Personnel & Staff Tracking: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 55 Personnel & Staff Tracking: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 56 Personnel & Staff Tracking: RTLS Market Value, By Geography, 2013-2020 ($Million)
Table 57 Patient Tracking & Management: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 58 Patient Tracking & Management: Market Value, By Geography, 2013-2020 ($Million)
Table 59 Staff Safety & Work Flow Automation: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 60 Staff Safety & Work Flow Automation: RTLS Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 61 Staff Safety & Work Flow Automation: RTLS Market Value, By Geography, 2013-2020 ($Million)
Table 62 Other Applications: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 63 Other Applications: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 64 Other Applications: S Market Value, By Geography, 2013-2020 ($Million)
Table 65 RTLS Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 66 Healthcare: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 67 Healthcare: Market Value, By Geography, 2013-2020 ($Million)
Table 68 Major Applications of RTLS Solutions in Healthcare Vertical
Table 69 Logistics & Transportation: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 70 Logistics and Transportation: Market Value, By Geography, 2013-2020 ($Million)
Table 71 Government& Defense: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 72 Government and Defense: Market Value, By Geography, 2013-2020 ($Million)
Table 73 Industrial Manufacturing: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 74 Industrial Manufacturing:  Market Value, By Geography, 2013-2020 ($Million)
Table 75 Process Industries: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 76 Process Industries: Market Value, By Geography, 2013-2020 ($Million)
Table 77 Retail: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 78 Retail: Market Value, By Geography, 2013-2020 ($Million)
Table 79 Hospitality: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 80 Hospitality: Market Value, By Geography, 2013-2020 ($Million)
Table 81 Education: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 82 Education: Market Value, By Geography, 2013-2020 ($Million)
Table 83 Other Industry Verticals: RTLS Market Value, By Technology, 2013-2020 ($Million)
Table 84 Other Industry Verticals: Market Value, By Geography, 2013-2020 ($Million)
Table 85 RTLS Market Value, By Geography, 2013-2020 ($Million)
Table 86 Americas: RTLS Market Value, By Region, 2013-2020 ($Million)
Table 87 Americas: RTLS Market Value, By Country, 2013-2020 ($Million)
Table 88 Americas: Market Value, By Product, 2013-2020 ($Million)
Table 89 Americas: Market Value, By Technology, 2013-2020 ($Million)
Table 90 Americas: Market Value, By Application, 2013-2020 ($Million)
Table 91 Americas: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 92 Europe: RTLS Market Value, By Country, 2013-2020 ($Million)
Table 93 Europe: RTLS Market Value, By Product, 2013-2020 ($Million)
Table 94 Europe: Market Value, By Technology, 2013-2020 ($Million)
Table 95 Europe: Market Value, By Application, 2013-2020 ($Million)
Table 96 Europe: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 97 APAC: RTLS Market Value, By Country, 2013-2020 ($Million)
Table 98 APAC: Market Value, By Product, 2013-2020 ($Million)
Table 99 APAC: Market Value, By Technology, 2013-2020 ($Million)
Table 100 APAC: Market Value, By Application, 2013-2020 ($Million)
Table 101 APAC: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 102 ROW: RTLS Market Value, By Product, 2013-2020 ($Million)
Table 103 ROW: Market Value, By Technology, 2013-2020 ($Million)
Table 104 ROW: Market Value, By Application, 2013-2020 ($Million)
Table 105 ROW: Market Value, By Industry Vertical, 2013-2020 ($Million)
Table 106 New Product Launches/Developments in The RTLS Market
Table 107 Mergers & Acquisitions in The RTLS Market
Table 108 Partnerships/Agreements/Contracts/ Collaborations in The RTLS Market
Table 109 Other Developments in The RTLS Market


List Of Figures (53 Figures)

Figure 1 Market Segmentation
Figure 2 Market Research Methodology
Figure 3 RTLSmarket Size Estimation
Figure 4 RTLS Market Crackdown & Data Triangulation
Figure 5 RTLS Market Value, By Geography, 2013 ($Million)
Figure 6 Market Overview
Figure 7 RTLS Market: Drivers & Restraints
Figure 8 RTLS Market: Burning Issue & Opportunities
Figure 9 Impact Analysis of Market Drivers
Figure 10 Impact Analysis of Market Restraints
Figure 11 Impact Analysis of Market Opportunities
Figure 12 Impact Analysis of Burning Issue
Figure 13 Value Chain of RTLS Market
Figure 14 RTLS Market: Porter’s Five Forces Analysis
Figure 15 RTLS Market: Degree of Competition
Figure 16 RTLS Market: Bargaining Power of The Buyers
Figure 17 RTLS Market: Bargaining Power of The Suppliers
Figure 18 RTLS Market: Threat From Substitutes
Figure 19 RTLS Market: Threat From New Entrants
Figure 20 Market Value, 2013-2020 ($Million)
Figure 21 Overall RTLS Hardware Market Value, 2013-2020 ($Million)
Figure 22 RTLS: Major Hardware Components
Figure 23 Overall RTLS Market Value, By RFID Technology, 2013-2020 ($Million)
Figure 24 RTLS: Major Application Areas
Figure 25 RTLS Market: By Industry Vertical
Figure 26 RTLS Market: By Geography
Figure 27 RTLS Market Lifecycle, By Geography
Figure 28 Americas Market Penetration in Overall RTLS Market, 2013-2020 ($Million)
Figure 29 Americas: RTLS Market Value, By Region & Country, 2013 ($Million)
Figure 30 Europe Market Penetration in Overall RTLS Market, 2013-2020 ($Million)
Figure 31 Europe: RTLS Market Value, By Country, 2013 ($Million)
Figure 32 APAC Market Penetration in Overall RTLS Market, 2013-2020 ($Million)
Figure 33 APAC: RTLS Market Value, By Country, 2013 ($Million)
Figure 34 ROW Market Penetration in Overall RTLS Market, 2013-2020 ($Million)
Figure 35 Key Growth Strategies of RTLS Market, 2011 – 2013
Figure 36 RTLS Market: Major Companies and Their Market Share
Figure 37 Aeroscount: Products & Services
Figure 38 Aeroscout: SWOT Analysis
Figure 39 Axcess international: SWOT Analysis
Figure 40 Versus Technology: SWOT Analysis
Figure 41 Centrak: SWOT Analysis
Figure 42 Pinc Solutions: Products & Services
Figure 43 Identec Solutions: SWOT Analysis
Figure 44 Thingmagic: Product Portfolio
Figure 45 Essensium: Product Portfolio
Figure 46 Zebra: Products & Services
Figure 47 Zebra Technologies: SWOT Analysis
Figure 48 Ubisense: Business Segments
Figure 49 Ubisense: SWOT Analysis
Figure 50 Sonitor Technologies: Product Portfolio
Figure 51 Savi: Products & Services
Figure 52 Applications of Skyview Software
Figure 53 Motorola Solutions: Products & Services 

A Real-Time Location System refers to a location tracking solution that enables enterprises to identify, track, and manage their key assets such as equipment, tools, and personnel in real time by placing a tag/badge on them. The tags affixed to the asset send signals to the location readers/sensors periodically and utilize wireless technologies such as RF signals, Wi-Fi, Infrared, Ultrasound, Zigbee, and others for communication between tags and readers. These readers then communicate with the middleware/software platform, which analyzes the data received and correlates useful information that improves the operational efficiency and staff productivity in an enterprise.

Some of the major applications of Real-Time Location Systems solutions include asset tracking & management, personnel & staff tracking, patient tracking, staff safety & work flow automation, and environment sensing & monitoring, among others. Presently, active RFID and Wi-Fi based solutions are the two major market shareholders in the global market. Wi-Fi based solutions are more popular in healthcare environments, whereas RFID is mainly being employed in industrial environments. Both these technologies hold a very promising future in the coming years as well. Moreover, UWB and Zigbee are the emerging technologies with a tremendous market potential, mainly due to advantages such as high location precision & accuracy and a long battery life.

The main driving factors propelling the tremendous growth of the market include the need of optimum resource utilization through the efficient asset tracking in real time, increasing standardization, declining cost of tags, technological advancements, escalating Real-Time Location Systems applications in numerous industry sectors, and government support & funding. However, factors that are hindering the growth of this market are high upfront costs & budgetary constraints and lack of awareness among customers regarding RTLS benefits. Among all industry verticals, healthcare contributed to the largest market share in 2013; however, industrial manufacturing and process industries (mining, oil & gas) are expected to grow explosively in the upcoming future.

In the geographical analysis, Americas accounted for the largest market share in terms of the market value as well as the RTLS deployments followed by Europe. In developed economies, the technological advancements regarding RTLS tags, and emerging technologies such as UWB & Zigbee are the major drivers for the Real-Time Location Systems growth. The market is still in its nascent stages in developing regions such as APAC & ROW; however, these regions are estimated to be the fastest-growing markets in terms of traditional Real-Time Location Systems technologies such as active RFID and Wi-Fi in the forecast period from 2013 to 2020 mainly due to high industrial growth and rising customer awareness.

Some of the major players in the market include AeroScout (U.S.), Zebra Technologies (U.S.), Ubisense (U.K.), Awarepoint (U.S.), Centrak (U.S.), Ekahau (U.S.), Sonitor Technologies (Norway), TeleTracking Technologies (U.S.), and GE Healthcare (U.K.), among others.

The bar chart below gives an overview of the overall estimated revenue from 2013 to 2020.

Real-Time Location Systems Market Value, 2013-2020 ($Million)

Real Time Location Systems Market

Source: MarketsandMarkets Analysis

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports