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Real-Time Location Systems (RTLS) Market

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Key Factors of the <strong>Market</strong><br />

• Increase in demand for smartphones, diverse opportunity across<br />

applications, and rapid proliferation of business analytics solutions are<br />

expected to drive the real-time location systems market growth<br />

• Technological advancements are expected to provide lucrative opportunity<br />

for the market growth<br />

• Increase in proliferation of <strong>RTLS</strong> technology is expected to enable patients<br />

to search nearby labs and hospitals as per their convenience, thereby<br />

driving the real-time location systems market growth<br />

• The adoption of RFID has significantly increased owing to its enhanced<br />

features such as low maintenance cost, high accuracy, and long battery life<br />

as compared to other wireless communication technologies such as Wi-Fi,<br />

thus providing growth opportunity for the real-time location systems<br />

market

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