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Global Smart Container Market (2023-2032)- Industry Share, Business Outlook, Key Trends, Size, Growth Analysis And Major Players | Ambrosus, Globe Tracker, Orbcomm, Phillips Connect, Smart Containers Group
Smart Container Market
Smart Container Market Size, Growth Rate, And Forecast
The global smart container market size is expected to grow from $2.83 billion in 2022 to $3.37 billion in 2023, at a compound annual growth rate (CAGR) of 19.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The smart container market size is expected to grow to $6.64 billion in 2027 at a CAGR of 18.4%.
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Smart Container Market Drivers
The rise in the adoption of IoT devices is expected to propel the growth of the smart container market going forward. The Internet of Things, or IoT, refers to the network of connected devices and the technology that allows them to communicate with each other in the cloud. Smart containers involve an IoT ecosystem consisting of web-enabled smart devices that use embedded systems to collect, send, and receive data. This combination provides real-time GPS tracking, enhances security, and provides condition information that can alert operators to potential problems.
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Smart Container Market Segments
By Offering: Hardware, Software, and Services
By Technology: GPS (Global Positioning System), Cellular, LoRa WAN (Long Range Wide Area Network), Bluetooth Low Energy (BLE), Other Technologies
By Size: Small Enterprises, Medium Enterprises, and Large Enterprises
By Vertical: Food and Beverages, Pharmaceuticals, Oil and Gas, Chemicals, Other Verticals
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Smart Container Market.
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Smart Container Market Key Players
Major competitors in the Smart Container Market include Ambrosus, Globe Tracker, Orbcomm, Phillips Connect, Smart Containers Group, Traxens, Zillionsource Technologies Company Limited, Sealand.
The Business Research Company's "Global Smart Container Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Smart Container Market Include:
1. Executive Summary
2. Smart Container Market Characteristics
3. Smart Container Market Trends And Strategies
4. Smart Container Market - Macro Economic Scenario
5. Smart Container Market Size And Growth
……
26. Africa Smart Container Market
27. Smart Container Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Container Market
29. Smart Container Market Future Outlook and Potential Analysis
30. Appendix
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