January 24, 2006
Budding market for RFid Real Time Locating Systems
Real Time Locating System (RTLS) is being applied across a gamut of industries ranging from healthcare to manufacturing. RTLS has an important role to play as far as real time data is concerned and where assets are required to be located in transit. According to an analysis carried out by Frost & Sullivan of RFid Real Time Locating Systems Market it is expected that the revenue generated by RTLS will touch $ 1.26 billion by 2011. The shortcomings in the existing systems have initiated the need for real time locating system. The ability to generate real time data is the major driver behind RTLS.
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