The smart container market size has grown rapidly in recent years. It will grow from $3.98 billion in 2024 to $4.72 billion in 2025 at a compound annual growth rate (CAGR) of 18.5%. The growth in the historic period can be attributed to rising global trade, regulatory compliance, supply chain optimization, security concerns, real-time monitoring demand.
The smart container market size is expected to see rapid growth in the next few years. It will grow to $9.3 billion in 2029 at a compound annual growth rate (CAGR) of 18.5%. The growth in the forecast period can be attributed to 5G implementation, autonomous vehicles, smart city initiatives, e-commerce growth, intermodal transportation. Major trends in the forecast period include edge computing adoption, augmented reality in logistics, smart container-as-a-service (CaaS), digital twins, sustainability metrics.
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What key drivers have fueled the smart container market’s development over the years?
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. By adopting the Internet of Things (IoT) to support enhanced decision-making, smart containers bring the digital age of shipping one step further than paperless processes. As a result, the rising adoption of IoT devices increases the demand for the smart container market. For instance, in March 2023, according to Ericsson, a Sweden-based telecommunications company, the number of IoT connection in 2022 was 13.2 billion, which is expected to increase to 34.7 billion. Therefore, the rise in the adoption of IoT devices drives the smart container market.
What is the segmentation for the smart container market?
The smart container market covered in this report is segmented –
1) By Offering: Hardware, Software, Services
2) By Technology: GPS (Global Positioning System), Cellular, LoRa WAN (Long Range Wide Area Network), Bluetooth Low Energy (BLE), Other Technologies
3) By Size: Small Enterprises, Medium Enterprises, Large Enterprises
4) By Vertical: Food and Beverages, Pharmaceuticals, Oil and Gas, Chemicals, Other Verticals
Subsegments:
1) By Hardware: GPS Tracking Devices, Sensors, RFID Tags, IoT Devices
2) By Software: Container Management Software, Monitoring And Analytics Software, Fleet Management Software, Inventory Management Software
3) By Services: Consulting Services, Integration Services, Maintenance And Support Services, Training And Development Services
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Who are the most influential companies in the smart container market?
Major companies operating in the smart container market include Ambrosus Technologies GmbH, Sensitech Inc., Nexxiot AG, Traxens SA, Orbcomm Inc., Globe Tracker ApS, Hapag-Lloyd AG, Smart Containers Group AG, Emerson Electric Co., Phillips Connect Technologies, Tive Inc., Hanhaa Limited, Robert Bosch GmbH, Monnit Corporation, ConexBird Oy, Identec Solutions AG, Roambee Corporation, Techwave Group, Ahrma Group, Containerchain Pty Ltd, Savvy Telematic Systems AG, Sealand – A Maersk Company, WAM Technologies LLC, Logmore Oy, CargoSense Inc., Arviem AG, Sensor Transport Inc., Savi Technology Inc., Zebra Technologies Corporation, BluJay Solutions Inc.
What are the top industry trends projected to impact the smart container market?
Major companies in the smart container market are focused on developing advanced durable materials and composite construction to enhance supply chain efficiency and improve cargo tracking, ensuring greater transparency and sustainability in logistics operations. Composite construction is a technique that combines different materials to create a stronger and more durable product, offering enhanced performance, weight reduction, and better insulation properties compared to traditional materials. For instance, in April 2023, AELER Technologies SA a Switzerland-based company which provides logistics service, launched its new generation container, ‘Unit One,’ at Singapore Maritime Week. This is designed to be stronger, better insulated, and smarter than traditional containers. The composite materials used in Unit One allow for increased cargo capacity and reduced carbon emissions, aiming to minimize the number of empty containers shipped globally.
What are the major regional insights for the smart container market, and which region holds the top position?
The countries covered in the smart container market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Smart Container Market Report 2025 Offer?
The smart container market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A smart container is a shipping container with Internet of Things (IoT) technology, sensors, GPS tracking, and a solar panel. They are designed to regulate internal conditions (such as temperature), provide real-time GPS tracking, enhance security, and provide information about cargo conditions that will alert operators to potential problems. Using the information collected, digital shipment records are generated, which can be shared with customers for up-to-date tracking and utilized to predict arrival times at ports in order to optimize container unloading and distribution for the next phase.
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