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FMI: Real Time Location System (RTLS) Market Revenue, Opportunity, Forecast and Value Chain 2015-2025

FMI: Real Time Location System (RTLS) Market Revenue, Opportunity, Forecast and Value Chain 2015-2025

Real time location system (RTLS) helps in identifying and tracking geographical location of objects and people automatically, in real time. Generally, RTLS is used within building or facility area. In RTLS system, wireless RTLS tags or badges are attached to objects or sometimes worn by people and signals transmitted from this tags are received by one fixed reference points which helps in finding the exact location of that particular tag. RTLS contains location sensors, location readers, battery powered tags, application software and network infrastructure.

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Global Real-Time Location System Market

Global Real-Time Location System Market

Real-Time Location System (RTLS) is an advanced form of location tracking system that helps organizations track, monitor and identify enterprise asset and equipment in real-time. The RTLS consists of radio frequency identification (RFID) readers and tags that utilize wireless technologies to communicate. There are two types of RFID tags such as ultra-high frequency tags; used for tracking pharmaceuticals and consumer goods, low-frequency tags; used for tracking livestock and in access control, and high-frequency tags; used in various applications such as proximity card payment and security systems. However, RFID readers can read the data and send or receive data to or from the server. The RTLS technology finds its applications across major end-user verticals such as manufacturing, transportation, healthcare and retail. Visit us: https://www.scalarmarketresearch.com/market-reports/real-time-location-system-rtls-market

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