Press release
Smart Container Market to Expand at a CAGR of 17.07% Over 2022-2027 - IMARC Group
Smart Container Market
A smart container represents the transportation container that provides real-time tracking and monitoring of the shipment. It usually uses the global positioning system (GOS), Long Range Wide Area Network (LoRa WAN), cellular technologies, etc., to track the cargo throughout the journey and identify misrouted or lost containers. In line with this, a smart container is marked with a unique identification code that is scanned at every entry and exit point of the yard by the transportation management system (TMS). The sensors installed in the device give accurate information regarding the temperature, humidity, and pressure in the containers.
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Global Smart Container Market Trends:
The expanding transportation industry across countries is primarily augmenting the smart container market. Additionally, the increasing need for efficient and secure shipping containers among several sectors, such as pharmaceuticals, oil and gas, food and beverage(F&B), chemical, etc., is acting as another significant growth-inducing factor. Besides this, the widespread adoption of LoRa WAN technology for the management of smart containers is positively influencing the global market. Moreover, it offers higher bandwidth capabilities that facilitate in-depth indoor penetration and reduce signal reflection from the surface of the container, which is further bolstering the market growth. Apart from this, the rising investments to improve container management technologies and the growing number of trade and e-commerce activities are also catalyzing the global market. Furthermore, various technological advancements, including the elevating integration of connected devices with the Internet of Things (IoT), blockchain, and Big Data solutions to minimize the spoilage of perishable products caused by temperature variations, are expected to fuel the smart container market in the coming years.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/smart-container-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
• Ambrosus
• Globe Tracker
• ApS.
• Nexiot AG
• Orbcomm Inc.
• Phillips Connect Technologies LLC
• Robert Bosch Manufacturing Solutions GmbH
• Smart Containers Group AG
• SeaLand
• Traxens
• Zillionsource Technologies Co. Ltd
Smart Container Market Segmentation:
Our report has categorized the market based on region, offering, technology and vertical.
Breakup by Offering:
• Hardware
• Software
• Services
Breakup by Technology:
• GPS (Global Positioning System)
• Cellular
• LoRa WAN (Long Range Wide Area Network)
• Bluetooth Low Energy (BLE)
• Others
Breakup by Vertical:
• Food and Beverages
• Pharmaceuticals
• Oil and Gas
• Chemicals
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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