The ever growing need
for organisations to achieve
optimum resource utilisation.
The ever growing need for organisations to achieve optimum resource utilisation across industries has paved the way for more advanced location-based systems and services such as RTLS. A robust Real-Time Location System (RTLS), aid’s companies to better manage and facilitate location tracking and management across their assets and personnel in real-time. Driving improved operational efficiency and staff productivity across the organisation.
Airacom RTLS solutions have numerous applications in industries such as healthcare, manufacturing, logistics & transportation, governmental, defense, mining, oil & gas, retail, hospitality, education, and many others. The future potential market for real-time location-based systems includes industrial manufacturing such as automotive manufacturing, aerospace manufacturing, and process industries such as mining.
The overall Real-Time Location Systems market is expected to reach $ 3.70 billion by 2020 at an estimated CAGR of 31.2% from 2013 to 2020. The major driving factors for RTLS market’s growth include rapid increase in RTLS applications, rising customer awareness, increasing security & safety concerns in process industries (mining, oil & gas) & defense, technological advancements in hardware & software, declining cost of tags, and optimum resource utilisation through real-time asset/personnel location tracking.