DUBLIN, Dec 7, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "RTLS Market in the US 2016-2020" report to their offering.
The report forecasts the RTLS market in the US to grow at a CAGR of 44.51% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
UWB RTLS technology offers high accuracy over short-to-medium distances and is less expensive as compared to other RTLS technologies. UWB RTLS technology is also considered to be useful for short-range and low-data-rate communications. The potential of UWB RTLS to deliver accurate results in high ranging applications is beneficial for end-users. This technology is also useful for applications that require high accuracy because it offers the precise location at a distance of less than 300 meters.
According to the report, RTLS tags are primarily used in the retail, healthcare, transportation and logistics, and chemical industry for asset tracking. Currently, most of the firms are using RTLS to track assets. It helps them increase efficiency and reduce costs. Cellular networks and satellites are often being used for asset tracking on a real-time basis in outdoor environments.
Further, the report states that safety and security is one of the major concerns among enterprises. The RFID tags used in RTLS solutions are creating security and privacy concerns for SMEs because RFID systems work on Wi-Fi and cellular networks that are very easily congested. This has damaging results in military applications and hospitals because if the signal is jammed by unwanted tracking of people, then the lives of soldiers and patients are at stake in the case of emergency.
- STANLEY Healthcare
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Five forces analysis
Part 07: Market segmentation by solution
Part 08: Market segmentation by technology
Part 09: Market segmentation by application
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Vendor landscape
Part 16: Key vendor analysis
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/qkvbc7/rtls_market_in
Research and Markets
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SOURCE Research and Markets