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Real Time Location System (RTLS) Market - By Component (Tags, Software, Sensors); By Technology ( Passive RFID, Active RFID); By Application in Tracking (Asset/Inventory , Vehicle/Fleet, Shipping Containers, Personnel& Patients); By Applications & Others

  • February 2015
  • 162 pages
  • Industry ARC
Report ID: 3493093

Summary

Table of Contents

Real Time Location System (RTLS) is a technology that is used to automatically identify and locate objects, assets or individuals in real time. The goal of RTLS is to continuously track location of the targets. RTLS works with the help of a tag which is attached to the target from which wireless signals are sent. These wireless signals which are sent are received by readers. Readers are usually fixed at predetermined positions and they send the location data to the software that are presents in the exact location visually to the end user.

Much before the development of Real Time Location System, there was a market for Automatic identification where technologies were used to help machines and identify objects. After further developments in Automatic identification, Automatic data capture systems were deployed. This market aimed at identification of objects and then capturing the data so that the data about objects could be automatically fed into systems without the involvement of humans. This was done so that employees could spend more time on value added processes such as providing customer service. The development of Automatic data capture market led to the newer market of Real Time Location System (RTLS) which not only carried out the functions of automatic data capture systems, but also included the ability to view objects real time location as well as monitor its state on various portable devices.

Real Time location systems are classified based on their components as- Tags, Software and Sensors.

Please note: this report requires certain updates. We have all the information available but require 2 working days business days to complete the process and ensure it is as up-to-date as possible.


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