By 2030, Services Will Represent 60% (US$25 Billion) of Total Real-Time Location Systems Revenue
RTLS vendors are starting to offset declining hardware sales with service models such as analytics and device management LONDON, Sept. 8, 2022 /PRNewswire/ --Real-Time Location Systems (RTLS) are now an underutilized solution in most factories, warehouses, hospitals, smart offices, and other businesses. Today, boutique systems offered by solution providers leverage standalone deployments with proprietary hardware to help drive revenue. However, hardware costs will drop drastically as the industry moves away from proprietary systems to reduce vendor lock-in, increase interoperability, and reduc...
Source: philippinetimes.com