Real-time Location Systems Companies

The global real-time location systems market size is expected to grow from USD  6.03 billion in 2024 to USD 15.79 billion by 2029, at a CAGR of 21.2% from 2024 to 2029. Many sectors, such as manufacturing & automotive, logistics & transportation, and healthcare, are employing cost-effective RTLS solutions in order to improve operational efficiency and achieve cost optimization. Additionally, by adopting RTLS it has been observed that there are high return-on-investments and high productivity. These factors are contributing to the growth of RTLS Market.  

As of 2023, Securitas Technology (Sweden); Zebra Technologies Corporation (US); HPE Aruba Networking (US); Impinj, Inc. (US); Savi Technology (US); TeleTracking Technologies, Inc. (US); CenTrak, Inc. (US); and UBISENSE  (UK) are some major players in the RTLS market. These players strengthen their market position and geographic presence by developing innovative products, strategically partnering with other stakeholders, and acquiring small players.

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Major Real-time Location Systems companies include:

• Securitas Technology (Sweden)
• Zebra Technologies Corp. (US)
• HPE Aruba Networking (US)
• Impinj, Inc. (US)
• Savi Technology (US)

Securitas Technology (Sweden)

Securitas Technology, a global leader in integrated security systems, was officially launched after Securitas acquired STANLEY Security in July 2022. This merger has positioned Securitas Technology at the security industry's forefront, leveraging legacy organizations' combined expertise and technological capabilities. The company is a part of Securitas AB, with a workforce of approximately 13,000 individuals, including over 5,100 field technicians. Securitas Technology dominates in 18 global markets, such as Canada, France, Mexico, Sweden, the UK, and the US. The company's extensive suite of customizable solutions includes video surveillance, access control, intrusion detection, fire safety, and integrated systems and related services, all designed to adapt and expand with the evolving security needs of its clients. The company offers a unified RTLS platform that forms the backbone of workplace efficiency. Utilizing existing Wi-Fi infrastructure and integrating advanced wireless technologies, this platform equips employees and managers with the tools to enhance safety, protect valuable assets, and optimize operational workflows, improving safety and efficiency across the organization.

Zebra Technologies Corp. (US)

Zebra Technologies Corp. is one of the leading providers of automatic identification and data-capturing technology-based products, such as mobile computing, barcode printing, and RFID devices, as well as other workflow automation products and services. The company operates through two business segments: Asset Intelligence & Tracking and Enterprise Visibility & Mobility. The company caters to its customers in the RTLS market through the Asset Intelligence & Tracking segment. Zebra Technologies Corp. primarily serves the healthcare, retail, manufacturing, hospitality, transportation, and logistics industries. The company's offerings include hardware products and software platforms for RTLS. Wi-Fi, RFID, WhereNet, NFC, BLE, and UWB are among the key technology-based RTLS solutions offered by the company. Its RTLS solutions are equipped with active and passive RFID tags, beacons, and other tracking devices to locate, track, manage, and optimize high-value assets, equipment, and people. The company offers a range of scalable RTLS technologies that generate precise, on-demand information about the physical location and status of high-value assets.

HPE Aruba Networking (US):

HPE Aruba Networking, a subsidiary of Hewlett Packard Enterprise Company (US), serves various industries, such as financial services, government and military, healthcare, education, hospitality, and retail. The company’s product portfolio includes hardware products such as switches, Wi-Fi access points, and gateways. RTLS hardware products include beacons and tags, which can be integrated into any existing Wi-Fi network in an enterprise or a locality. The company also helps deploy Wi-Fi networks for end users such as hospitals, research organizations, stadiums, hotels, and universities. It offers BLE-based tags, beacons, and sensors, which can be managed through mobile apps.

Related Reports:

Real-time Location Systems Market by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee, RuBee), Application (Inventory/Asset Tracking, Personnel Monitoring), Region - Global Forecast to 2029

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