The term Indoor Positioning Systems (IPS) primarily concerns location-based services on mobile phones where GPS does not work. The term Real Time Locating Systems (RTLS) primarily concerns locating people and things at a distance, securely, using second generation RFID. The subjects are converging with Apple, Samsung, Google, Nokia, Microsoft, Hewlett Packard and IBM clashing for the tens of millions of dollars of business that is emerging. The first $0.5 billion order has been landed. This subject heavily involves short range communications notably WiFi and Bluetooth and inertial navigation and advanced RFID as it progresses to determining 3D position including orientation and line of travel.
The topics of IPS and RTLS embrace a value chain from research and consultancy to software, services, hardware, integration and facilities management. Mobile phone app developers and value added enhancements plus ecosystems of mobile phones, web services and more are also involved.
Forecast of global RTLS market by value in $US millions*
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The main features of the completely new text in 2013, continuously updated, are the following: