According to Transparency Market Research (TMR), intense competition lies within the real-time location system Market between players such as Sonitor Technologies Inc., Motorola Solutions Inc., Identec Solutions, Zebra Technologies Corporation, Awarepoint Corporation, and AeroScout Inc. Players within the market are investing on research and development for achieving breakthroughs and developing advanced and improved systems with attractive features.
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Real Time Location Systems Used by Enterprises to Track and Manage Assets
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According to Transparency Market Research (TMR), the global real-time location systems Market will expand at a double-digit CAGR in the years to come and be worth US$3.86 bn by 2020. On the basis of application, it is expected that the demand for real-time location systems will be highest from the healthcare sector. On the basis of geography, North America is leading in the market on account of the high use of real-time location systems by the healthcare sector in North America. In addition to this support received from the government will also play as usual for the growth of the North American real-time location systems Market.
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Real Time Location Systems Used by Enterprises to Track and Manage Assets
As per the lead author of this report, “one of the key factors driving the growth of the global real-time location systems (RTLS) Market is the various high-end features offered by the systems including high-efficiency, Asset Management Improvement, Savings of cost, and enhance workflow.” A large number of organizations and enterprises are making use of real-time location systems for identifying, tracking, and managing their assets such as tools, equipment, and Personnel in real-time by applying a tag or badge on them. This in turn will drive the growth of the market.
Download Table Of Content @ https://www.transparencymarketresearch.com/report-toc/539
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