The smart container market was valued at $21.4 billion in 2018 and is expected to grow at an annual average of 20% from 2021 to 2027, reaching $11.29 billion by 2027.
The e-commerce industry is gaining popularity. With high internet penetration and increasing demand for convenience, consumers are ordering groceries and other food products online. As services like Amazon Fresh grow, consumers can buy fresh produce without leaving home. Subscription services are another fad with everything from snacks to specialties to meal kits with everything you need to cook a meal from scratch. What you need a smart container for in a business transaction is to properly ship goods from the customer’s location. The smart container shows humidity changes, movement and condition, shock detection, door opening and geofencing capabilities.
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Key Market Players
Some of the major players in the Smart Container Market include Microsoft Corporation (US), IBM (US), Huawei (China), Cisco (US), Wind River (US), Amadeus IT Group (Spain), SITAONAIR (Switzerland), Honeywell (US), Blip Systems (Denmark), Tata Sons (India), and Sendum Wireless Corporation (Canada). These players provide IoT solutions and platforms to various aviation companies.
Smart Container Market Segmentation
- Temperature sensors
- Pressure sensors
- Humidity sensors
- Gas sensors
- Other sensors
- Connectivity Devices
- Telematics and Telemetry Devices
- GPS (Global Positioning System)
- LoRa WAN (Long Range Wide Area Network)
- Food & Beverages
- Oil & Gas
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o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Container Market Report
- What was the Smart Container Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart Container Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Smart Container Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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