The Worldwide Smart Container Industry is Expected to Reach $9.8 Billion by 2026

Dublin, March 30, 2022 (GLOBE NEWSWIRE) -- The "Global Smart Container Market (2021-2026) by Offering Type, Technology Type, Vertical Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to's offering.

The Global Smart Container Market is estimated to be USD 4.3 Bn in 2021 and is expected to reach USD 9.8 Bn by 2026, growing at a CAGR of 17.9%.

Market Dynamics

The Global Smart Container Market is driving because of increasing adoption of new advanced and innovative technologies like Internet of Things (IoT) by various companies such as shipping, freight forwarding, transportation, logistics, and supply chain companies for collecting and transferring a large amount of data during operations/processes.

Also, temperature deviation rising the Concern related to food and medical products wastage which can be managed by putting temperature sensors and temperature control containers. Additionally, the growing need for operational efficiency and safety of containers are significant factors driving the market's growth. On the other hand, the high cost associated with the implementation of smart containers and applications, Concerns related to data privacy and security will restrict the market's growth.

Furthermore, the lack of standards for consistent communication and networking are challenges in the market. However, increasing technological investment for containers management and rising environmental awareness associated with the focus on sustainability by shipping industries will create opportunities for the market to grow.

Market Segmentation

  • The Global Smart Container Market is segmented further based on Offering Type, Technology Type, Vertical Type, and Geography.
  • By Offering Type, the market is classified into Hardware, Software, and Services.
  • By Technology Type, the Smart Container market is classified into Global Positioning System (GPS), Cellular, Long Range Wide Area Network (LoRa WAN), Bluetooth Low Energy (BLE), and Others.
  • By Vertical Type, the Smart Container market is classified into Food & Beverages, Pharmaceutical, Oil & Gas, Chemicals, and Others.
  • By Geography, Europe is projected to lead the market.

Company Profiles

Some of the companies covered in this report are Ambrosus, CSK Corporation, Globe Tracker, Maersk Group, Nexxiot AG, Orbcomm, Philips Connect Technologies, Robert Bosch GmbH, Traxens, and Zillion Source Technologies, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Smart Container Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Influencers
4.1 Drivers
4.1.1 Growing Need for Operational Safety and Efficiency Enhancement
4.1.2 Rising Concern related to Food and Medical Wastage
4.1.3 Growing Adoption of Internet of Things (IoT) Devices
4.2 Restraints
4.2.1 Security and Privacy Concerns
4.2.2 High Implementation Costs
4.3 Opportunities
4.3.1 Growing Focuses on Environment Sustainability
4.3.2 Increasing Technological Investment for Container Management
4.4 Challenges
4.4.1 Lack of Standards for Uniform Communication

5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6 Global Smart Container Market, By Offering Type
6.1 Introduction
6.2 Hardware
6.2.1 Sensors Temperature Sensors Pressure Sensors Humidity Sensors Gas Sensors Other Sensors
6.2.2 Connectivity Devices
6.2.3 Telematics and Telemetry Devices
6.3 Software
6.4 Services

7 Global Smart Container Market, By Technology Type
7.1 Introduction
7.2 Global Positioning System (GPS)
7.3 Cellular
7.4 Long Range Wide Area Network (LoRa WAN)
7.5 Bluetooth Low Energy (BLE)
7.6 Others

8 Global Smart Container Market, By Vertical Type
8.1 Introduction
8.2 Food & Beverages
8.3 Pharmaceutical
8.4 Oil & Gas
8.5 Chemicals
8.6 Others

9 Global Smart Container Market, By Geography

10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements

11 Company Profiles
11.1 Ambrosus
11.2 AT&T, Inc
11.3 Berlinger & Co AG
11.4 Broadcom, Inc
11.5 China International Marine Containers (Group) Co Ltd
11.6 Clock Logistics Systems
11.7 CMA CMG S.A
11.8 CSK Corporation
11.9 D2iQ, Inc
11.10 Digi International, Inc
11.11 Emerson Electric Co
11.12 Globe Tracker
11.13 Hapag-Lloyd AG
11.14 Identec Solutions AG
11.15 International Business Machines Corporation
11.16 Loginno
11.17 Maersk Group
11.18 Mediterranean Shipping Company S.A
11.19 Mirantis, Inc
11.20 Monnit Corporation
11.21 Nexxiot AG
11.22 Orbcomm
11.23 Philips Connect Technologies
11.24 Raytheon Technologies Corporation
11.25 Robert Bosch GmbH
11.26 Savvy Telematic Systems AG
11.27 SecureSystem GmbH
11.28 Shenzhen Joint Technology Co Ltd
11.29 SkyCell
11.30 Traxens
11.31 Zillion Source Technologies
11.32 ZIM Integrated Shipping Services

12 Appendix

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