Frost & Sullivan: Global Increase in Adoption of Real-Time Location Systems Depends on Technological Innovations

Frost & Sullivan: Global Increase in Adoption of Real-Time Location Systems Depends on Technological Innovations PR Newswire MOUNTAIN VIEW, California, Nov. 8, 2012 -- Solution providers need to enhance product performance in terms of form factor, read range and accuracy MOUNTAIN VIEW, California, Nov. 8, 2012 /PRNewswire/ -- With the increasing need to accurately track objects and personnel in resource supply chains- robust, utilitarian, and efficient real-time location systems (RTLS) have become an essential need. Other technologies, such as bar-codes, radio-frequency identification (RFID) and global positioning systems (GPS), have constraints in terms of exact location-tracking. RTLS is the only one that has the ability to accurately map and provide reliable location information, which has been the leading factor in fostering the growth of this high-potential market. New analysis from Frost & Sullivan (http://www.autoid.frost.com), Analysis of the Real-Time Location Systems (RTLS) Market, finds that the market earned revenues of over $382.8 million in 2011 and estimates this to reach $3.52 billion by 2018. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.