Global Real Time Location System (RTLS) Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-18 08:05:05
The Global Real Time Location System market is to grow at a CAGR of 38.17 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing adoption of RTLS in the Healthcare industry. The Global Real Time Location System market has also been witnessing the increasing strategic business alliances and Mergers and Acquisitions. However, the lack of awareness about RTLS technology among enterprises could pose a challenge to the growth of this market.
The vendor landscape of the Global RTLS market has changed significantly over the last few years. This is because of the growing number of acquisitions among the top vendors and strategic alliances among the vendors to offer innovative solutions. RTLS vendors are collaborating with each other to standardize the RTLS architecture and provide benefits to both vendors and end-users. Various RTLS vendors are looking to improve the compatibility and efficiency of RTLS technology.
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