Smart Container Market Report 2025 (Global Edition)

Global Smart Container Market Report 2025 Market Size Split by Technology (GPS (Global Positioning System), Cellular, LoRa WAN (Long Range Wide Area Network), Bluetooth Low Energy), by Offering (Hardw...

Smart Container Market Report Description

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Smart Container Market Insights Video

Competitive Landscape of the Smart Container Market

Major competitors in the highly competitive smart container market are Traxens, Globe Tracker, Orbcomm, and Nexxiot. These businesses concentrate on blockchain, IoT, and AI technological advancements to improve container tracking and monitoring capabilities. Businesses frequently engage in strategic alliances, mergers, and acquisitions in an effort to increase their market share. The demand for enhanced cybersecurity solutions, personalization, and sustainability in smart container services are further factors driving competition.

April 2022: The location, status, and condition of shipments being shipped worldwide can be seen in real-time due to a new sensor gadget called Nexxiot Cargo Monitor, introduced by Nexxiot AG. High-value and delicate goods, including perishables, medications, fabrics, conditions-sensitive industrial equipment, and electronics, can be monitored during transit with the help of an Internet of Things (IoT) device that is easily affixed to the cargo within the shipping container. (Source:https://nexxiot.com/newsroom/nexxiot-delivers-unprecedented-supply-chain-visibility-with-new-cargo-monitor/) March 2022: The CT 3500 IoT telematics device, launched by ORBCOMM Inc., allows for end-to-end, remote viewing and control of containerized assets and shipments on land, rail, and sea. It is designed to facilitate smart management of refrigerated containers and their cargoes. Improved functionality, connectivity options, analytics capabilities, and compatibility with third-party telematics devices are all features of ORBCOMM Inc.'s data-driven chilled container system. Customers may remotely and bidirectionally control reefers with the CT 3500 to keep an eye on vital indicators like temperature, humidity, control environment settings, and cold treatment from one central location. (Source:https://www.orbcomm.com/en/company/news/2022/orbcomm-launches-next-generation-iot-solution-data-driven-refrigerated-container-operations) March 2022: The TMC '22 Annual Meeting and Transportation Technology Exhibition coincided with a press briefing when Phillips Connect unveiled three new smart nosebox GPS gateways. With the new Phillips Connect Smart noseboxes, trailers can be made into managed assets that offer telematics benefits. They may be retrofitted or specified on new equipment. The cloud receives trailer position, status, and crucial trailer conditions from the Smart S7 Swiveling Nosebox, Smart Q-Box, and Smart iBox, a suite of sophisticated cellular gateways, GPS trackers, and sensor hubs. No additional harnesses or electrical connections are needed because each one has a Phillips Quick-Change-Socket (QCS2) Sta-Dry seven-way connection. (Source:https://www.phillips-connect.com/phillips-connect-introduces-smart-nosebox-gps-gateways-at-tmc-22-annual-meeting) February 2022: For an undisclosed sum, Traxens acquired French company NEXT4, which provided detachable and reusable trackers for shipping containers. To provide their customers with the greatest features, such as shipment scheduling, cooperative risk management, and analysis reports, the two businesses will work together to develop and promote their highly complementary tracking systems and software applications. (Source:https://www.traxens.com/press/traxens-raises-23meu-and-acquires-next4-with-goal-to-become-the-world-leader-of-shipping-container-tracking)

Top Companies Market Share in Smart Container Industry: (In no particular order of Rank)

• ORBCOMM Inc.
• Phillips Connect
• Globe Tracker
• SkyCell AG
• Traxens
• MSC
• Nexxiot AG
• ZillionSource
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Smart Container Market

Which Region Dominates the Smart Container Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. Because of its sophisticated logistics infrastructure, high IoT and AI adoption rate, and emphasis on supply chain visibility, North America is expected to lead the way in the growth of the smart container market. Smart containers are becoming more and more popular in the United States and Canada, especially in the retail, automotive, and pharmaceutical industries, where they are expected to improve security and operational efficiency. Further driving market expansion in North America are businesses' use of smart containers as a result of stricter regulations and mounting cybersecurity concerns.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Smart Container market. Asia Pacific's growing industrial sector, rising trade volumes, and quick adoption of IoT technology are expected to propel the region's smart container market expansion. Smart container adoption is at the forefront in nations like China, Japan, and South Korea because of their strong emphasis on digital transformation and supply chain optimization. The substantial rise of e-commerce in the region is driving up demand for effective logistics solutions and real-time tracking. Asia Pacific market expansion is also being accelerated by government attempts to modernize infrastructure and improve trade efficiency.

The current report Scope analyzes Smart Container Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Smart Container Market Analysis

According to Cognitive Market Research, the global Smart Container market size was estimated at USD 4125.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1650.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Smart Container market with a market size of USD 1302.04 million in 2024 and is projected to grow at a CAGR of 18.5% during the forecast period. The rise in e-commerce has led to a greater need for effective and safe logistics solutions.
• The Canadian Smart Container market had a market share of USD 198.03 million in 2024 and is projected to grow at a CAGR of 19.5% during the forecast period. The long coastline and significant ports in Canada promote global trade and raise the need for effective container management.
• The Mexico Smart Container market is projected to witness growth at a CAGR of 19.2% during the forecast period, with a market size of USD 150.17 million in 2024.

Europe Smart Container Market Analysis

According to Cognitive Market Research, the global Smart Container market size was estimated at USD 4125.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1237.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.0% from 2024 to 2031.

• The United Kingdom Smart Container market had a market share of USD 207.93 million in 2024 and is projected to grow at a CAGR of 19.8% during the forecast period. The need for smart containers is being driven by the need for transparent and robust supply networks to reduce risks.
• The France Smart Container market is projected to witness growth at a CAGR of 18.2% during the forecast period, with a market size of USD 113.87 million in 2024.
• According to Cognitive Market Research, the German Smart Container market size was valued at USD 245.06 million in 2024 and is projected to grow at a CAGR of 19.2% during the forecast period. Because of the country's manufacturing strength, advanced supply chain management is necessary for the best possible production and distribution..
• The Italy Smart Container market is projected to witness growth at a CAGR of 18.4% during the forecast period, with a market size of USD 106.44 million in 2024.
• The Russian Smart Container market is projected to witness growth at a CAGR of 18.0% during the forecast period, with a market size of USD 191.84 million in 2024.
• The Spain Smart Container market is projected to witness growth at a CAGR of 18.1% during the forecast period with a market size of USD 101.49 million in 2024
• The Luxembourg Smart Container market is projected to witness growth at a CAGR of 19.1% during the forecast period, with a market size of USD 38.37 million in 2024.
• The Portugal Smart Container market is projected to witness growth at a CAGR of 18.8% during the forecast period, with a market size of USD 25.99 million in 2024.
• The Greece Smart Container market is projected to witness growth at a CAGR of 19.3% during the forecast period, with a market size of USD 14.85 million in 2024.
• Rest of Europe's Smart Container market is projected to witness growth at a CAGR of 17.7% during the forecast period, with a market size of USD 191.84 million in 2024.

Asia Pacific Smart Container Market Analysis

According to Cognitive Market Research, the global Smart Container market size was estimated at USD 4125.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 948.89 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Smart Container market size was valued at USD 427.00 million in 2024 and is projected to grow at a CAGR of 22.0% during the forecast period. China is leading the way in implementing emerging technologies such as 5G, AI, and IoT.
• The Japan Smart Container market is projected to witness growth at a CAGR of 21.0% during the forecast period, with a market size of USD 130.95 million in 2024.
• The India Smart Container market had a market share of USD 113.87 million in 2024 and is projected to grow at a CAGR of 24.3% during the forecast period. Growing trade volumes demand effective tracking and control of containers.
• The South Korean Smart Container market is projected to witness growth at a CAGR of 21.6% during the forecast period, with a market size of USD 94.89 million in 2024.
• The Australian Smart Container market is projected to witness growth at a CAGR of 22.2% during the forecast period, with a market size of USD 49.34 million in 2024.
• The Southeast Asia Smart Container market is projected to witness growth at a CAGR of 23.5% during the forecast period, with a market size of USD 65.47 million in 2024.
• The Rest of Asia Pacific Smart Container market is projected to witness growth at a CAGR of 22.3% during the forecast period, with a market size of USD 67.37 million in 2024.

South America Smart Container Market Analysis

According to Cognitive Market Research, the global Smart Container market size was estimated at USD 4125.6 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 206.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Smart Container market size was valued at USD 88.29 million in 2024 and is projected to grow at a CAGR of 20.5% during the forecast period. The digital transformation that is taking place in Brazil is opening up chances for the logistics industry to adopt new technologies.
• Argentina's Smart Container market had a market share of USD 34.66 million in 2024 and is projected to grow at a CAGR of 20.8% during the forecast period. Grain and meat exports from Argentina are important agricultural products that need to be transported efficiently and safely.
• Colombia Smart Container market is projected to witness growth at a CAGR of 19.7% during the forecast period, with a market size of USD 18.36 million in 2024.
• Peru Smart Container market is projected to witness growth at a CAGR of 20.1% during the forecast period, with a market size of USD 16.91 million in 2024.
• Chile's Smart Container market is projected to witness growth at a CAGR of 20.2% during the forecast period, with a market size of USD 14.85 million in 2024.
• The Rest of Latin America's Smart Container market is projected to witness growth at a CAGR of 19.0% during the forecast period, with a market size of USD 33.21 million in 2024.

Middle East Smart Container Market Analysis

According to Cognitive Market Research, the global Smart Container market size was estimated at USD 4125.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 82.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2024 to 2031..

• The GCC Countries Smart Container market is projected to witness growth at a CAGR of 21.0% during the forecast period, with a market size of USD 35.32 million in 2024. Because the GCC countries serve as major centers for re-export, effective container management is required.
• The Egypt Smart Container market is projected to witness growth at a CAGR of 20.5% during the forecast period, with a market size of USD 8.66 million in 2024.
• The South African Smart Container market is projected to witness growth at a CAGR of 21.2% during the forecast period, with a market size of USD 13.04 million in 2024. Smart container adoption is facilitated by government initiatives to streamline trade procedures.
• The Turkey Smart Container market is projected to witness growth at a CAGR of 19.7% during the forecast period, with a market size of USD 7.10 million in 2024.
• The Nigeria Smart Container market is projected to witness growth at a CAGR of 19.3% during the forecast period, with a market size of USD 8.66 million in 2024.
• The Rest of the MEA Smart Container market is projected to witness growth at a CAGR of 19.2% during the forecast period, with a market size of USD 9.74 million in 2024.

Smart Container Market Analysis

Smart Container Market Technology Segment Analysis

According to Cognitive Market Research, GPS (global positioning system) stands out as the dominant category over the projected period. Tracking and monitoring container movement worldwide is made possible in large part by GPS technology. It is a vital sensor that is included in containers. In order to provide the shipping container's location in real-time at regular intervals, GPS trackers that function on satellite platforms are being used as a result of technological advancements. Software solutions are making their way into the market, and several companies provide GPS tracking technology through various hardware options. GPS technology offers the shipping industry a number of advantages. These include enhanced security via geofencing systems, which lower the possibility of theft and damage and raise the likelihood of finding lost containers; process automation via enhanced communication with asset management software; and increased cost efficiency as a result of automated tasks like inventory reporting and ETA notifications. The smart container market has the highest adoption rate of GPS technology since it is essential to enhancing the shipping industry's safety, dependability, visibility, and cost-effectiveness.

LoRa WAN (long-range wide area network) emerges as the fastest-growing category in the Smart Container market. This is due to Long-range, low-power communication for smart containers being the main focus of the LoRa WAN technology segment. This technology is especially well-suited for use in isolated or rural areas that need a long battery life and a large coverage area. LoRa WAN is perfect for providing regular updates on container status without rapidly depleting the battery because it allows little data packets to be transmitted over great distances. In places where cellular or other communication choices are scarce or nonexistent, this functionality is essential for keeping an eye on containers. Large-scale smart container deployment with no infrastructure investment is possible thanks to LoRa WAN networks' affordability and scalability.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Smart Container Industry. Request a Free Sample PDF!

Smart Container Market Offering Segment Analysis

According to Cognitive Market Research, the dominant category is hardware. Because physical components like sensors, GPS units, and RFID tags are crucial for providing real-time tracking and monitoring. In order to ensure the integrity and safety of carried goods, these hardware components are essential for giving precise data on location, temperature, humidity, and other factors within the container. The use of smart container hardware has also been aided by the continuous development of sensor technology and the growing integration of IoT devices. These hardware components are essential for improving supply chain visibility and operational efficiency due to their dependability and efficacy.

The fastest-growing category in the Smart Container market is software. Because of the growing demand for advanced data analytics, real-time tracking, and the ability to do predictive maintenance. IoT device integration is made possible by sophisticated software solutions, which also give users improved decision-making abilities and actionable information. This rise has been fueled in part by the increased focus on supply chain optimization and the requirement for specialized software programs to handle a range of logistics tasks. A further factor in the software solutions' quick adoption and market expansion is their increased scalability and accessibility as a result of the move towards cloud-based platforms and AI-driven analytics.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Smart Container Industry Vertical Segment Analysis

Smart Container Market Industry Vertical Segment Analysis

According to Cognitive Market Research, the dominant category is food and beverages. Owing to the necessity of preserving perishable items' freshness and security throughout transportation. In order to prevent contamination and spoiling, smart containers with real-time monitoring sensors monitor temperature, humidity, and other external elements to maintain ideal conditions. The drive to improve supply chain efficiency and transparency stems from the growing consumer demand for fresh, high-quality products. Furthermore, the industry's use of smart containers has accelerated due to regulatory requirements for food safety and quality standards. The food and beverage area in the market has grown quickly and gained dominance because of its capacity to quickly assess and eliminate any concerns during shipping, which adds significant value.

The fastest-growing category in the Smart Container market is the pharmaceutical. Because of the strict regulations governing the integrity of medical supplies during transportation and their monitoring. With the use of cutting-edge sensors, smart containers are able to track environmental variables such as humidity, temperature, and others in real-time while maintaining regulatory compliance. This capacity is essential for keeping medications effective and preventing spoiling because they are extremely sensitive to changes in their environment. The pharmaceutical industry's adoption of smart container solutions is also being fueled by the rising need for specialized pharmaceuticals and biologics, which call for careful handling and tracking.

• Food and Beverage
• Pharmaceutica
• Oil and Gas
• Chemicals
• Others

Smart Container Container Type Segment Analysis

• Dry Freight Containers
• Refrigerated Containers
• Tank Containers
• Flatbed Containers
• Half-Height Containers

Smart Container Monitoring Parameters Segment Analysis

• Humidity
• Light
• Vibration
• Tilt

Smart Container Power Management Segment Analysis

• Battery
• Solar Power
• Fuel Cell

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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