Press release
What's Driving the Container Tracking Market 2025-2034: Rising Cargo Theft Is Driving The Growth Of The Container Tracking Market.
Container Tracking Market Size
The market size of container tracking has seen a robust expansion in past few years. Its size is projected to increase from $10.11 billion in 2024 to $10.94 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 8.2%. Factors that contributed to its growth in the historic period include rising customer demand for transparency, escalating demand for dependable and effective logistics solutions, growth in goods quantity, amplification in maritime trade, and the implementation of higher safety standards at sea.
We anticipate significant expansion in the container tracking market in the coming years, with predictions suggesting it will reach a worth of $14.86 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 8.0%. Several factors will contribute to the growth in this forecast period such as an increasing emphasis on sustainability, the growth of international commerce and globalization, a focus on bettering fleet optimization and productivity, elevated volumes of trade, and the progression of infrastructure. Key trends to watch out for during the forecast period include the improvement of blockchain applications, advancements in data analysis and visualization, automation in vehicles and drones, integration with supply chain platforms and a heightened focus on environmental and sustainability matters.
What Are the Forces Behind the Rapid Growth of the Container Tracking Market?
The escalation of cargo theft is projected to boost the expansion of the container tracking market in the future. This increase in theft is the result of heightened economic strains that lead to elevated criminal activities and the technologies used in theft methods surpassing current security protocols. Furthermore, the growth in e-commerce has led to an upsurge in the quantity and worth of products being transferred, making cargo a lucrative objective for robbers. Container tracking helps counter cargo theft by offering location and status updates in real-time, enabling immediate intervention if unauthorised movement is observed. It also strengthens overall security through comprehensive monitoring and analysis of historical data. As an example, TAPA EMEA, a not-for-profit industry association based in the Netherlands, reported in May 2024 that transport theft incidents in the European Union increased by 35.46% in 2023 compared to 2022, with cases rising from 6,113 to 8,281. The cumulative monetary loss from these criminal activities, considering the reported value of stolen goods, was $594.16 million (EUR 549 million). This indicated a 438% surge from 2022 and an astonishing 1,076% escalation from 2021. Consequently, the growth in cargo theft is fuelling the expansion of the container tracking market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18548&type=smp
Which Businesses Are at the Forefront of Container Tracking Market Development?
Major companies operating in the container tracking market are A.P. Moller - Maersk A/S, CMA CGM Group, Cosco Shipping Lines Co Ltd., NetSuite Inc., Hapag-Lloyd AG, Mediterranean Shipping Company S.A., Orient Overseas Container Line Limited, DP World Logistics FZE, Yang Ming Marine Transport Corporation, Zim Integrated Shipping Services Ltd., Evergreen Marine Corporation, Wan Hai Lines Ltd., Kawasaki Kisen Kaisha Ltd, Hyundai Merchant Marine Co., Ltd., Zebra Technologies Corporation, Ocean Network Express Pte. Ltd., Project44 Inc., CargoWise, E2open Parent Holdings Inc., ORBCOMM Inc., Hanjin Logistics Corporation, Pacific International Lines (Pte) Ltd., GoComet, CargoSmart Ltd.
What Are the Latest Innovations in the Container Tracking Market?
Leading firms in the container tracking industry are concentrating on the creation of innovative solutions such as dry container tracking, aimed to heighten security, bolster logistical productivity and provide immediate visibility. Dry container tracking involves the tracking and controlling of conventional shipping containers that transport cargo without any need for specific conditions like refrigeration or atmosphere control. For example, in April 2024, Hapag-Lloyd, a maritime shipping organization based in Germany, rolled out a fresh live position product that offers door-to-door visibility in great detail, utilizing Internet of Things (IoT) technology to a large extent. This product includes special features such as real-time shipment visibility, a user-friendly interface that allows easy tracking by container or booking number, information updates on demand, and intends to incorporate future improvements like application programming interface integration and predictions of estimated time of arrival (ETA).
How Is the Container Tracking Market Segmented?
The container tracking market covered in this report is segmented -
1) By Offering: Hardware, Software, Service
2) By Technology Type: Radio Frequency Identification (RFID), Global Positioning System (GPS), Cellular, Satellite
3) By Mode of Transportation: Maritime, Land, Air
4) By End-User: Food And Beverage, Consumer Goods, Vehicle Transport, Healthcare, Industrial Products, Other End-User
Subsegments:
1) By Hardware: Gps Trackers, Rfid Tags, Sensors (Temperature, Humidity, Motion), Satellite Communication Devices
2) By Software: Real-Time Tracking Platforms, Data Analytics And Reporting Software, Container Management Systems, Fleet And Logistics Management Software
3) By Service: Installation And Maintenance Services, Data Processing And Analysis Services, Cloud-Based Tracking Services, Consulting And Integration Services
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/container-tracking-global-market-report
Where Is the Container Tracking Market Growth Most Prominent?
Asia-Pacific was the largest region in the container tracking market in 2024. The regions covered in the container tracking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Container Tracking Global Market Report?
- Market Size Analysis: Analyze the Container Tracking Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Container Tracking Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Container Tracking Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Container Tracking Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18548
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's Driving the Container Tracking Market 2025-2034: Rising Cargo Theft Is Driving The Growth Of The Container Tracking Market. here
News-ID: 3861091 • Views: …
More Releases from The Business Research Company
Pesticide And Other Agricultural Chemicals Industry Set to Achieve $156.05 Billi …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Pesticide And Other Agricultural Chemicals Market Size 2025?
In recent years, the market size for pesticides and other agricultural chemicals has witnessed significant growth. From a value of $104.46 billion in 2024, it's projected to swell to $113.13 billion in 2025, reflecting a compound…
Organophosphates Pesticides Industry Expected to Reach $10.67 Billion by 2029 at …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Organophosphates Pesticides Market Value Projection: How Much Will the Market Size by 2025?
The market size of organophosphates pesticides has experienced consistent growth in the prior years. The market is projected to expand from $8.05 billion in 2024 to $8.41 billion in 2025, with a compound annual growth rate (CAGR) of…
Nitrobenzene Industry Growth Outlook: 7.5% CAGR and $15.35 Billion by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Nitrobenzene Market Size 2025?
In the past few years, the size of the nitrobenzene market has witnessed significant growth. It is projected to increase from $10.96 billion in 2024 to $11.51 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%. The…
Nail Polish Market Analysis: $24.61 Billion by 2029 With a CAGR of 11.5%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Nail Polish Market Value Projection: How Much Will the Market Size by 2025?
The industry of nail polish has witnessed significant expansion in the past few years. Projected to surge from $14.39 billion in 2024 to $15.93 billion in 2025, it is expected to observe a compound annual growth rate (CAGR)…
More Releases for Container
Food Container
The Food Container market value was US$ $$ million in 2020. The Food Container market value is forecast to reach US$ $$ million by 2031, growing at a compound annual growth rate (CAGR) % during the forecast period from 2023-2031.
Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=AR37613
As the global economy recovers in 2021 and the supply of the industrial chain improves, the Food Container market will undergo major changes.…
Container Fleet Market: Information by Type (Reefer Container, Tank Container, D …
Container fleets are bulky shipping containers that are capable of withstanding the transportation of various goods ranging from dry goods to hazardous liquids. Before the emergence of container fleets, the cost associated with ocean freight and port handling in tandem with the uncertainties involved resulted in less economic outcomes. However, modern specialized container vessels offer several cost reduction benefits in the transportation of goods, thus acting as the primary source…
Aircraft Container & Pallet Loader Market size and Key Trends in terms of volume …
Aircraft Container & Pallet Loader Market: Introduction
Aircraft container & pallet loader is a unit load device used across airports to transport containers & pallet loads. Aircraft container & pallet loader eases the transport of cargo by allowing different types of goods, which are to be packed and kept into a single unit container. The aircraft container & pallet loader helps the cargo handlers across the entire cargo chain, from…
Shipping Containers Market by Size of Container (Small Container (20 feet), Larg …
Asia-Pacific and Europe are the potential markets for the growth of shipping container industry. Moreover, rise in seaborne trade and improvement in transportation services further supplements the market growth. However, slower economic growth in European countries and loss of containers in ocean during sea storms hinders the market growth. Investment in high cube container segment can be beneficial for the growth of the market of key players.
According to a new…
Global Marine Container Market 2019 - CIMC, SINGAMAS, Maersk Container Industry, …
The new market research study on Global Marine Container Market in-depth market analysis with specific segments such as application, regional markets, end-users, policy analysis, value chain structure, and emerging trends. The Marine Container market report makes a case for investments in particular regions based on a realistic view of their regulatory environment, manufacturing dynamics and availability of skills and resources.The report’s analysis is based on technical data and industry figures…
Shipping Container Market is Booming (9% CAGR)| CXIC, Dong Fang International Co …
HTF MI published a new industry research that focuses on Shipping Container market and delivers in-depth market analysis and future prospects of Global Shipping Container market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. The study is…
