Smart Container Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026

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Presents a Research Report on
Smart Container Market
The Smart Container Market is Segmented by
Offering Type (Hardware Sensors, Connectivity
Devices, and Telematics and Telemetry Devices,
Software, and Services), by Technology Type
(Global Positioning System, Cellular, Long Range
Wide Area Network, Bluetooth Low Energy, and
Others), by Vertical Type (Food Beverages,
Pharmaceutical, Oil Gas, Chemical, and Others),
and by Region (North America, Europe,
Asia-Pacific, and Rest of the World).


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Smart Container Market Growth and Forecast
Highlights Drivers

• Smart container market is likely to witness an
  impressive CAGR of 16.9 during the forecast
  period.
• The key driving factors contributing to the
  demand for smart containers are the surge in
  adoption of IoT connected devices by major
  shipping companies and growing concerns regarding
  wastage of food and medical products due to
  temperature deviation, which in turn, are driving
  the growth of the market.
• Smart container is a device which aids in tracing
  and tracking products among stakeholders with the
  electronic product code information services,
  supply chain, and RFID technologies and provides
  monitoring, real-time tracking facilitating
  drivers to increase rotation time of their
  package equipment and improve utilization
  percentages.
• Smart containers are the containers that
  facilitate transportation of goods via both
  seaborne and land modes of transport, which may
  include the use of trucks, rails, and ships,
  eliminating the necessity for reloading and
  unloading at standard features.
• They are used in a wide array of industries and
  have always been the crux of the shipping
  industry.
• This report studies the market covering a period
  of 12 years of trend and forecast.
• The report provides detailed insights into the
  market dynamics to enable informed business
  decision making and growth strategy formulation
  based on the opportunities present in the market.

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Market Insights

• By Offering Type
• The market is segmented as hardware, software,
  and service.
• The hardware segment held the largest share of
  the market in 2020, and is expected to remain
  dominant during the forecast period.
• The wide use of a variety of differently priced
  hardware components for monitoring and tracking
  applications is driving the growth of this
  segment.
• A number of sensors and various other hardware
  components are required for efficacious network
  monitoring in smart container solutions.
• By Technology Type
• The market is segmented as food, construction,
  filtration, and others.
• The long-range wide area network segment is
  expected to grow at the highest rate in the
  market, owing to its superior properties as
  compared to other technologies such as Bluetooth
  low energy and Wi-Fi.
• Due to its high bandwidth capability, LoRa WAN
  offers a wide range of communication.
• Its in-depth indoor penetration feature helps to
  repress problems occurring in cases where most of
  the signals would be reflected from the surface
  of a container.
• This property also provides access to sensors
  monitoring the assets inside the container.
• By Region
• Asia-Pacific is estimated to be the largest as
  well as fastest-growing market for cellular
  concrete during the forecast period.
• China and India are likely to be the growth
  engines of the Asia-Pacific region.
• The growth of the market is driven by the rising
  economic growth of India and China, leading to
  more infrastructure development activities and
  the increasing consumer spending in these
  countries.
• North America and Europe are also expected to
  offer substantial growth opportunities during the
  forecast period.

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Market Insights

• By Region
• Europe is estimated to be the largest market
  during the forecast period, with China, Japan,
  India, and Australia being the major countries
  with lucrative growth opportunities.
• This growth can be attributed to the presence of
  major shipping companies in Europe, which demand
  for smart shipping container solutions.
• European ship-owners control over 40 of the
  world's merchant fleet and operate shipping
  services across the globe, according to the
  European Community Shipowners Associations
  (ECSA).
• According to the United Nations Conference on
  Trade and Development (UNCTAD), Europe is the
  second-largest region, in terms of container port
  volumes, accounting for 16 share of the total
  world container port volumes, in 2017.
• North America and Asia-Pacific are also expected
  to offer substantial growth opportunities during
  the forecast period.

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Competitive Insights
Smart Container Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed

• Orbcomm
• Smart Containers Group AG
• Traxens
• Globe Tracker
• Nexiot AG
• Phillips Connect Technologies (Division of
  Phillips Industries)
• Sealand (Division of Maersk Group)
• Robert Bosch Manufacturing Solutions (Robert
  Bosch GmbH)
• Ambrosus
• Zillionsource Technologies Co., Ltd. (CISCO).

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Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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Market Segmentation

• The smart container market is segmented into the
  following categories.
• Smart Container Market Size, Share, Forecast,
  by Offering Type
• Hardware
• (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• (Offering Type Analysis Sensors, Connectivity
  Devices, and Telematics and Telemetry Devices)
• Software (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Service (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Smart Container Market Size, Share, Forecast,
  by Technology Type
• Global Positioning System (Regional Analysis
  North America, Europe, Asia-Pacific, and RoW)
• Cellular (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Long Range Wide Area Network (Regional Analysis
  North America, Europe, Asia-Pacific, and RoW)
• Bluetooth Low Energy (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)

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Market Segmentation

• Smart Container Market Size, Share, Forecast,
  by Vertical Type
• Food Beverages (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Pharmaceutical (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Oil Gas (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Chemicals (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• Smart Container Market Size, Share, Forecast,
  by Region
• North America (Country Analysis the USA, Canada,
  and Mexico)
• Europe (Country Analysis Germany, France, the
  UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis China, Japan,
  India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis Latin
  America, the Middle East, and Others)

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