The installation base of connected trailers and cargo containers will reach 22 million by 2028.
Berg Insight has announced a new research report on the global trailer and cargo container tracking market. According to Berg Insight's forecasts, the number of shipments of cargo remote tracking systems equipped with cellular or satellite communication functions reached 4 million units worldwide in 2023. It is expected to grow at a compound annual growth rate (CAGR) of 10.2%, reaching 6.6 million units by 2028. During the same period, the number of installed tracking systems is projected to grow from 11.1 million units at the end of 2023 to 22.4 million units by 2028, with a CAGR of 15.0%. In terms of installations, trailer tracking is the largest market segment, accounting for an estimated 45.8% of the total number of tracking device installations in 2023. Intermodal container tracking is the second largest segment, representing 40.6% of the total installations. [Contents] ■ Overview of global cargo transportation ■ Trailer and cargo container tracking solutions ■ Market forecasts and trends ■ OEM products and strategies ■ Vendor profiles and strategies
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Publisher: Berg Insights Publication Month: January 2025 Report Language: English *For more details, please visit our website or refer to the sample materials.
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