Research and Markets: Global Real-time Location System (RTLS) Market 2015-2019: Key Vendors are AeroScout, Ekahau, HP, Intelleflex, Samsung Network, Ubisense Group & Zebra Technologies

Research and Markets (http://www.researchandmarkets.com/research/d26wjz/global_realtime) has announced the addition of the "Global Real-time Location System (RTLS) market 2015-2019" report to their offering.

The Global Real-time Location System market to grow at a CAGR of 37.41% over the period 2015-2019

The use of data analytics software in healthcare is one emerging trend in the market. Most hospitals are incorporating data analytics software to track the par levels of infusion pumps, perform real-time tracking of the temperature levels of refrigerators used in medical facilities, and monitor patients. This software enables hospital staff to extract large datasets and obtain real-time information to gain better insights, aiding them in making better decisions to maintain medical equipment.

According to the report, an increased use of RTLS in the healthcare domain is one of the main drivers in this market. Most of the hospitals worldwide are predominantly using RTLS for smooth functioning. Healthcare organizations use RTLS solutions for asset management, equipment location such as hospital beds, infusion pumps, oxygen cylinders, ventilators, and wheelchairs. They also use RTLS solutions for employee monitoring, through which they organize the hospital management system.

Further, the report states that one of the major challenges in the market is the high implementation costs of RTLS. A full-fledged implementation of RTLS in a large manufacturing company costs approximately US$10 million to US$30 million. This initial cost varies from industry to industry. It is very difficult for smaller and middle-sized companies to bear such a huge cost.

RTLS works on technologies such as:

  • GPS
  • UWB
  • Bluetooth
  • Wi-Fi
  • RFID

RTLS has found application in many sectors including:

  • Healthcare
  • Military
  • Supply Chain Management
  • Retail
  • Government Recreation Organizations
  • Postal
  • Courier Services

RTLS provides numerous applications such as:

  • Fleet tracking
  • Personal tracking
  • Network security
  • Navigation
  • Inventory
  • Asset tracking

The Global Real-time Location System market is segmented on the basis of two categories:

  • Solutions
  • Verticals

On the basis of solutions, the market is segmented into two categories:

  • Systems
  • Tags

Key Vendors

  • AeroScout (Stanley Healthcare Solutions)
  • Ekahau
  • Hewlett-Packard
  • Intelleflex
  • Samsung Network (Samsung SDC)
  • Ubisense Group
  • Zebra Technologies

For more information visit http://www.researchandmarkets.com/research/d26wjz/global_realtime

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