When fully implemented, RTLS can be custom configured to provide a vast number of benefits, allowing managers to develop more efficient floor plans, better staff allocation, improved inventory management and enhanced safety protocols. In addition, RTLS can also communicate with other IoT devices, effectively enabling many different services or use cases within the same environment.

The Real-Time Locating Systems (RTLS) Market was expected to register a CAGR of 25.1% during the forecasted period. According to Cisco, 500 billion devices are expected to be connected to the Internet by 2030. With the increasing trend of IoT and wearable devices, organizations can quickly get more things done, boosting productivity and delivering insight for better user experiences and engagement.