Tag Archive | cargo

Commercial Asset Tracking Market will Reach $33 Billion

Commercial Asset Tracking Market will Reach $33 Billion

The number of businesses using asset tracking solutions will reach 90 million in 2020, and exceed 114 million by 2025 — that’s a growth rate of 27 percent over the next five years, according to the latest worldwide market study by Juniper Research.

via Digital Lifescapes

Global Cargo Tracking Revenue will Reach €1.8 Billion

Global Cargo Tracking Revenue will Reach €1.8 Billion

Applications for the Internet of Things (IoT) are helping to transform the global cargo sector. According to Berg Insight, the number of active tracking devices deployed for cargo loading units — including trailers, intermodal containers, rail freight wagons, air cargo containers, cargo boxes and pallets — reached 6.1 million worldwide in 2018.

via Digital Lifescapes

Freight as a Service Revenue will Reach $900 Billion in 2030

internet of things market research

Disruption is coming to the traditional freight and parcel delivery sector, enabled in part by the Internet of Things (IoT). Freight as a Service (FaaS) will represent 30 percent of total goods transportation revenues by 2030, according to ABI Research.

Source: Digital Lifescapes