Real-Time Location Systems are defined as a location tracking system that utilizes wireless technologies to identify the exact position

RTLS system mainly comprises of battery-powered tags/ badges, location sensors, location readers, network infrastructure, and application software/middleware. Presently, workflow automation and process optimization are the two major parameters that provide any enterprise the ability to improve its staff’s productivity and operational excellence.

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RTLS solutions also have a lot of untapped opportunities in the healthcare sector. Healthcare is estimated to hold its market leadership position in the coming future as well. The upcoming growth of this market growth is evident from the latest five-year contract (2013-2018), worth $543 million, which was signed in January 2013, between the Veteran Affairs (VA, U.S.) and Hewlett-Packard (U.S.) Enterprise Services for the deployment of RTLS at 152 medical centers. The purpose of this contract is to provide better and advanced veteran healthcare services in the U.S

Real-Time Location Systems Market

Presently, AeroScout (U.S.) and Zebra Technologies (U.S.) are the two major companies contributing to the largest share of the global Real-Time Location Systems market. Their market leadership in the global RTLS market is dedicated mainly to their high expertise, breakthrough technological advanced solutions, wide range product portfolio, and the presence of a strong distribution network in amongst all geographies. Some of the other major companies operating in this market include TeleTracking Technologies (U.S.), Savi Technology (U.S.), Awarepoint (U.S.), Ubisense (U.K.), Identec Solutions (Austria), Versus Technology (U.S.), EKAHAU (U.S.), and Centrak (U.S.), among many others.

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