Smart Container Market Booming Worldwide with Latest Trend and Future Scope by 2029

Smart container market is anticipated to grow at a CAGR of 20.0% during the forecast period (2023-2030). Smart containers refer to shipping containers equipped with sensors and advanced technology that enable the real-time monitoring and tracking of cargo and container conditions, providing valuable insights into factors such as temperature, humidity, and location. These containers offer advantages such as heightened visibility within the supply chain, improved cargo security, and more efficient cargo management. The global market for smart containers is driven by factors such as demand for enhanced supply chain efficiency, increased cargo security, and the necessity to preserve product quality during transportation, particularly in sectors like pharmaceuticals and food. Furthermore, factors like regulatory compliance, sustainability initiatives, and the widespread adoption of IoT technology in logistics are additional drivers contributing to the market’s expansion. In summary, smart containers represent a pivotal advancement in the logistics industry, addressing a range of requirements and propelling market growth.

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The global IoT in the agriculture market is segmented by component, technology, and end-user. Based on components, the market is sub-segmented into hardware, software, and services. Based on the technology, the market is sub-segmented into GPS (Global Positioning System), LoRa WAN (Long Range Wide Area Network), BLE (Bluetooth Low Energy), Cellular, Others (Internet of Things (IoT), RFID (Radio-frequency identification). Based on End-user the market is sub-segmented for food & beverages, oil & gas, pharmaceuticals, and chemicals industry. Among the end-users, the demand for smart containers is expected to grow in the pharmaceutical industry.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Smart Container Market by Component

  • Hardware
  • Software
  • Services

Global Smart Container Market by Technology

  • GPS (Global Positioning System)
  • LoRa WAN (Long Range Wide Area Network)
  • BLE (Bluetooth Low Energy)
  • Cellular
  • Others (Internet of Things (IoT), RFID (Radio-frequency identification))

Global Smart Container Market by End-user

  • Food & beverages
  • Oil & gas
  • Pharmaceuticals
  • Chemicals
  • Other

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • Ambrosus
  • AT&T, Inc
  • Berlinger & Co. AG
  • CargoSmart Limited
  • China International Marine Containers (Group) Co., Ltd.
  • CMA CGM Group
  • FourKites, Inc.
  • Globe Tracker, ApS
  • MSC Mediterranean Shipping Company S.A.
  • Nexiot AG
  • Orbcomm Inc
  • Phillips Connect Technologies LLC
  • Samsara Inc.
  • Sealand – A Maersk Company
  • SHIPPEO
  • Smart Containers Group
  • Traxens
  • Veson Nautical
  • Windward Ltd.
  • Zillionsource Technologies Co. Ltd.

The Report Covers

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global smart containers market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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