TechNavio today launched its report Global Real-Time Location System (RTLS) Market 2011-2014 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the key trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Embedded Systems team said, Enterprises are working towards improving their operations by implementing new and advanced tracking technologies. Technology such as GPS is used to track solutions for outdoor use predominantly, but it needs to be in the line of sight with the satellite. Also this technology does not work too well with objects that are too close. Moreover, other tracking solutions such as bar codes do not offer flexibility of real-time monitoring.
According to the report, the software part of RTLS technology is in a continuous process of innovation, with consistent and increased efforts to provide a complete solution for end-users. Advanced RTLS software is developed with web-enabled capabilities. This helps keep track of resources in real-time remotely by the mobile devices.
The report also discusses key challenges impacting this market including the high cost of implementation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-rtls-market-2011-2014
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Report “ Global RTLS Market 2011-2014
