Real Time Location Systems Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 - 2020
103 Page Report
Global Real Time Location Systems Market Expected to Reach
USD 3.86 Billion in 2020:Transparency Market Research
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Real Time Location Systems Market
Real Time Location Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2014 - 2020
According to a new market report published by Transparency Market Research “Real Time Location
Systems (RTLS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,”
the market was valued at USD 0.46 billion in 2013 and is expected to reach USD 3.86 billion by 2020,
growing at a CAGR of 35.5% from 2014 to 2020. North America was the largest contributor to the global
RTLS market in 2013; however, Asia Pacific is expected to be the fastest growing market during the
forecast period with a CAGR of 37.8% from 2014 to 2020. The rising adoption of RTLS solutions in
healthcare, and manufacturing and process industries in Asia Pacific region, particularly across countries
such as Australia, Japan, Singapore and South Korea is driving growth of the RTLS market in Asia Pacific
Browse Real Time Location Systems Market Report with Full TOC at
The major factors driving the RTLS market are optimum utilization of resources and asset management
with RTLS solutions, decreasing prices of RTLS solutions and growing applications across various industries.
Considering the advantages of RTLS solutions in various sectors such as...