Market Share of Real Time Location System Industry
The real-time location system market is highly fragmented. The major players include Zebra Technologies Corporation, Ubisense Group PLC, AeroScout Inc. (Stanley Healthcare), TeleTracking Technologies Inc., and Savi Technology. The companies see tremendous opportunities in developing regions, thus strategizing their operations accordingly with mergers and acquisitions or product innovations. Some of the key developments in the market are:
- April 2023 - Sewio, a UWB-based real-time location system vendor, disclosed the release of real-time lStudio version 3.1, which introduces Trackables. This feature paves the way to an interoperable, scalable, reasonable location market. Trackables allow the virtualization of tags, providing a faster, easier, and more efficient method for mirroring real-world shop floor operations.
Real Time Location System Market Leaders
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Zebra Technologies Corporation
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Ubisense Group PLC
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AeroScout, Inc.
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TeleTracking Technologies, Inc.
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Savi Technology
*Disclaimer: Major Players sorted in no particular order