DUBLIN–(BUSINESS WIRE)–The “Global Smart Container Market (2021-2026), according to Offering Type, Technology Type Vertical Type, Geography and Competitive Analysis. Also, the Impact of Covid-19 (with Ansoff Analysis)Report has been added ResearchAndMarkets.com’s offering.
The Global Smart Container Market is estimated at USD 4.3 billion in 2021. It is expected to grow at a CAGR 17.9% to reach USD 9.8 billion by 2026.
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.
Temperature deviation is also a concern. This can be managed with temperature sensors and temperature control containers. Market growth is driven by the increasing demand for containers that are safe and efficient. The market’s growth will be slowed by the high costs associated with smart containers and applications.
Market challenges include a lack standardization in communication and networking. The market will grow if there is increased technological investment in containers management and a growing environmental awareness due to the emphasis on sustainability by the shipping industries.
Why should you buy this report?
- The report provides a complete assessment of the Global Smart Container Market. The report contains detailed qualitative analysis, verifiable information from authentic sources, as well as projections about the market size. Proven research methods are used to calculate the projections.
- The extensive secondary and primary research has helped to compile the report. Interviews, surveys, as well as observation of industry experts are used to conduct the primary research.
- The report contains a detailed market analysis using Porter’s 5 force model and the Ansoff Matrix. The report also discusses the market impact of Covid-19.
- The report also contains information on the regulatory situation in the industry. This will help you make informed decisions. The report includes information on major regulatory bodies, major rules and regulations that were imposed on the sector across different geographies.
- The report also includes the competitive analysis using Positioning Quadrants. This is the analyst’s competitive positioning tool.
Market Dynamics
Drivers
- There is a growing need for operational safety and efficiency enhancement
- Food and Medical Waste are a growing concern
- Growing Adoption of Internet of Things Devices
Restraints
- Security and Privacy Concerns
- High Implementation Costs
Opportunities
- Growing Environment Sustainability: A Focus on the Future
- Increasing Technological Investment in Container Management
Challenges
- There are no standards for uniform communication
Companies Mentioned
- Ambrosus
- AT&T, Inc
- Berlinger & Co AG
- Broadcom, Inc
- China International Marine Containers Group Co Ltd
- Clock Logistics Systems
- CMA CMG S.A
- CSK Corporation
- D2iQ, Inc
- Digi International, Inc
- Emerson Electric Co
- Globe Tracker
- Hapag-Lloyd AG
- Identec Solutions AG
- International Business Machines Corporation
- Loginno
- Maersk Group
- Mediterranean Shipping Company S.A
- Mirantis, Inc
- Monnit Corporation
- Nexxiot AG
- Orbcomm
- Philips Connect Technologies
- Raytheon Technologies Corporation
- Robert Bosch GmbH
- Savvy Telematic Systems AG
- SecureSystem GmbH
- Shenzhen Joint Technology Co Ltd
- SkyCell
- Traxens
- Zillion Source Technologies
- ZIM Integrated Shipping Services
For more information, visit this report https://www.researchandmarkets.com/r/aap57p
