Real-Time Location Systems (RTLS) Market Analysis: Competitive Overview, Share and Trends
The Real-Time Location Systems (RTLS) market is experiencing significant growth, owing to the increasing demand for advanced asset management and optimization solutions across various industries. RTLS technology enables real-time monitoring and tracking of assets, equipment, and personnel within a specific area using wireless communication technologies such as Wi-Fi, ZigBee, Bluetooth Low Energy (BLE), and Ultra-Wideband (UWB). The healthcare industry is one of the major contributors to the growth of the RTLS market, with applications including asset tracking, patient monitoring, staff safety, and infection control.