Albany, NY -- (SBWIRE) -- 10/13/2015 -- Real time location systems (RTLS) are used to identify as well as track devices and individuals in real time, providing organizations with accurate information at all times. A report recently added to the vast database of Market Research Reports Search Engine (MRRSE) offers a comprehensive outlook of the industrial and competitive landscape of the global real time location systems market. The report is titled "Real Time Location Systems (RTLS) (By Technology - RFID, Wi-Fi, ZigBee and UWB, Ultrasound, Infrared, and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020".

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The global real time location systems market is primarily driven by the host of advanced features on offer such as cost savings, enhanced quality of care, workflow and asset management, and improved efficiency. The market is also fueled by rise in government support, growing adoption of RTLS, reducing prices, and increasing application in several industry sectors. There is a massive untapped market for real time location systems in the healthcare industry, which is likely to boost the RTLS market over the next five years. However, high initial costs, privacy concerns, and operational challenges are likely to inhibit the growth of the real time location systems market.

The overall market for real time location systems is studied on the basis of end use, technology, and geography and a comprehensive evaluation of each segment reveals the leading and the weak categories within the global market. By technology, the real time location systems market is fragmented into RFID, ZigBee and UWB, infrared, Wi-Fi, ultrasound, and others such as GPS, Bluetooth, and combined technologies. The major end-use industries that apply real time location systems include healthcare, manufacturing and process industries, hospitality and retail, warehousing, transportation and logistics, government and defense, academics, and yards and docks monitoring. The four main regions covered under the global real time location systems market are North America, Europe, Asia Pacific, and Rest of the World.

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The leading players that feature in the research report are Zebra Technologies Corporation, Awarepoint Corporation, Precyse, Inc., PINC Solutions Corporation, Ubisense Group plc, Motorola Solutions Inc., Versus Technology, Inc., Axcess International, Inc., Stanley Healthcare Solutions (AeroScout, Inc.), Skytron LLC, DecaWave Limited, Sonitor Technologies AS, and TeleTracking Technologies, Inc.

A study of the competitive landscape of the real time location systems market reveals details pertaining to company size and forecast, financial conditions, business strategies, and recent developments. The report also studies on each company's individual strengths, weaknesses, opportunities, and threats. This gives readers a complete outlook of the vendor scenario and guides them in formulating key alliances.

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