Meticulous Research® has unveiled its latest report projecting the smart containers market will reach $16.9 billion by 2030, with an impressive CAGR of 20.1% from 2024 to 2030. This growth is fueled by advancements in logistics optimization, enhanced supply chain visibility, and increased focus on cargo security.
The report segments the market into various categories, including hardware, software, and services. The software segment is expected to dominate in 2024, driven by the demand for sophisticated data management and analytics. Dry containers are forecasted to lead the market share, while reefer containers are set to grow the fastest due to their use in maintaining product freshness.
Technological advancements in the market are highlighted by the dominance of IoT technology and the rapid growth of blockchain technology. These technologies are pivotal for real-time monitoring and enhancing supply chain traceability.
The report also covers applications such as asset tracking & management and supply chain optimization, with the former expected to hold the largest market share and the latter projected to grow at the highest rate. The retail & e-commerce sector is anticipated to be the largest market, with significant growth expected in the food & beverage sector due to its need for effective product management.
Asia-Pacific is expected to be the leading region in the smart containers market, with strong industrial activity and a focus on sustainable logistics. Key players in the market include Panasonic Industry Co., Ltd., CMA CGM Group, and ORBCOMM, who are driving innovation and addressing market needs.
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research