Container Tracking and Security Market Report 2024 (Global Edition)

Global Container Tracking and Security Market Report 2024 Market Size Split by Offering (Hardware, Software, Service), by Technology Type (RFID, GPS, Cellular, Satellite), by Mode of transportation (M...

Container Tracking and Security Market Report Description

We have various report editions of Container Tracking and Security Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Container Tracking and Security Market Insights Video

Competitive Landscape of the Container Tracking and Security Market

The competitive landscape of the Container Tracking and Security Market is characterized by a range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Container Tracking and Security companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

September 2021: ORBCOMM has completed its acquisition of G.I. Partners, enhancing its capabilities in container tracking and security. This strategic move aims to expand ORBCOMM's portfolio with advanced tracking solutions and strengthen its position in the global market for logistics and supply chain management. (Source: https://www.orbcomm.com/en/company/news/2021/orbcomm-announces-completion-of-acquisition-by-gi-partners-2021 ) July 2024: T-Mobile and KKR have launched a joint venture to acquire Metronet, aiming to enhance their fiber infrastructure and expand high-speed internet access across the U.S. This strategic move positions them to offer a cutting-edge fiber solution, boosting their competitive edge in the Container Tracking and Security Market by integrating advanced connectivity solutions with their existing services. (Source: https://www.t-mobile.com/news/network/t-mobile-kkr-joint-venture-to-acquire-metronet) August 2022: A.P. Moller - Maersk’s acquisition of L.F. Logistics strengthens its position in the Container Tracking and Security Market by enhancing its logistics and supply chain capabilities. This strategic move aims to bolster Maersk’s ability to offer advanced tracking solutions and integrated services, improving efficiency and security across its global operations. (Source: https://www.maersk.com/news/articles/2022/08/31/maersk-completes-acquisition-of-lf-logistics)

Top Companies Market Share in Container Tracking and Security Industry: (In no particular order of Rank)

• Orbcomm Inc.
• Trimble Inc.
• T-Mobile USA
• Inc.
• CargoSmart Limited
• Savi Technology
• Zebra Technologies Corporation
• Maersk Line
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Container Tracking and Security Market

Which Region Dominates the Container Tracking and Security Marketing 2024?

According to Cognitive Market Research, North America is the largest region in the container tracking and security market, driven by a mature logistics infrastructure and high demand for advanced tracking solutions. The region's extensive port facilities, robust transportation networks, and significant trade volumes contribute to its dominance. Additionally, the presence of major technology providers and a strong focus on supply chain security and efficiency further bolster the market size in North America, making it a key player in global container tracking and security solutions.

Which Region is Expanding at the Fastest CAGR?

The Asia-Pacific region is the fastest-growing market for container tracking and security solutions, fueled by rapid industrialization, increasing trade volumes, and expanding logistics infrastructure. Countries like China and India are investing heavily in modernizing their supply chains and enhancing container security. The region's dynamic growth in global trade and the rising adoption of advanced tracking technologies drive the market’s expansion, making it a hotspot for innovative container tracking and security solutions.

The current report Scope analyzes Container Tracking and Security Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Container Tracking and Security Market

According to Cognitive Market Research, the global Container Tracking and Security market was estimated at USD 11251.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 4500.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.

• According to Cognitive Market Research, the U.S. had a major share in the Container Tracking and Security Market with a market size of USD 3550.88 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. The nation's secure and efficient management.
• The Canada Container Tracking and Security Market had a market share of USD 540.06 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Canada's need for robust logistics and security.
• The Mexico Container Tracking and Security Market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 409.54 million in 2024.

Europe Container Tracking and Security Market

According to Cognitive Market Research, the global Container Tracking and Security market was estimated at USD 11251.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 3375.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

• The United Kingdom Container Tracking and Security Market had a market share of USD 567.06 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. In the U.K., Container Tracking and Security sales witness an upswing due to the nation's maintaining high standards of security and efficiency in global trade routes.
• The France Container Tracking and Security Market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 310.53 million in 2024.
• According to Cognitive Market Research, the German Container Tracking and Security Market size was valued at USD 668.32 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. In Germany, Container Tracking and Security surged due to the focus on precision in logistics and compliance with stringent regulations.
• The Italy Container Tracking and Security Market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 290.28 million in 2024.
• The Russia Container Tracking and Security Market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 523.18 million in 2024.
• The Spain Container Tracking and Security Market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD 276.78 million in 2024
• The Luxembourg Container Tracking and Security Market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 104.64 million in 2024.
• The Portugal Container Tracking and Security Market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 70.88 million in 2024.
• The Greece Container Tracking and Security Market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 40.50 million in 2024.
• Rest of Europe's Container Tracking and Security Market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 523.18 million in 2024.

Asia Pacific Container Tracking and Security Market

According to Cognitive Market Research, the global Container Tracking and Security market was estimated at USD 11251.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2587.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Container Tracking and Security Market size was valued at USD 1164.50 million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. Container Tracking and Security surged in China due to the Massive manufacturing and export activities.
• The Japan Container Tracking and Security Market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 357.11 million in 2024.
• The India Container Tracking and Security Market had a market share of USD 310.53 million in 2024 and is projected to grow at a CAGR of 12.3% during the forecast period. India's Rapid trade growth and complex supply chains.
• The South Korean Container Tracking and Security Market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 258.78 million in 2024.
• The Australian Container Tracking and Security Market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 134.56 million in 2024.
• The South East Asia Container Tracking and Security Market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 178.56 million in 2024.
• The Rest of Asia Pacific Container Tracking and Security Market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 183.73 million in 2024.

South America Container Tracking and Security Market

According to Cognitive Market Research, the global Container Tracking and Security market was estimated at USD 11251.2 Million, out of which the Latin America market has more than 5% share of the global revenue with a market size of USD 562.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Container Tracking and Security Market size was valued at USD 240.78 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Container Tracking and Securitys flourished in Brazil due to the security and logistics efficiency.
• Argentina's Container Tracking and Security Market had a market share of USD 94.51 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. Argentina's need for secure and efficient management.
• Colombia Container Tracking and Security Market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 50.07 million in 2024.
• Peru Container Tracking and Security Market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 46.13 million in 2024.
• Chile Container Tracking and Security Market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 40.50 million in 2024.
• The Rest of Latin America's Container Tracking and Security Market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 90.57 million in 2024.

Middle East and Africa Container Tracking and Security Market

According to Cognitive Market Research, the global Container Tracking and Security market was estimated at USD 11251.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 225.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031..

• The GCC Countries Container Tracking and Security Market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 96.31 million in 2024. Container Tracking and Security sales flourish due to Strategic trade positioning and infrastructure growth.
• The Egypt Container Tracking and Security Market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 23.63 million in 2024.
• The South Africa Container Tracking and Security Market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 35.55 million in 2024. Container Tracking and Security sales flourish in South Africa due to supply chain security and efficiency.
• The Turkey Container Tracking and Security Market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 19.35 million in 2024.
• The Nigeria Container Tracking and Security Market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 23.63 million in 2024.
• The Rest of the MEA Container Tracking and Security Market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 26.55 million in 2024.

Container Tracking and Security Market Analysis

How are Segments Performing in the Global Container Tracking and Security Market?

Container Tracking and Security Market Offering Segment Analysis

According to Cognitive Market Research, the "Hardware" segment is the largest in the container tracking and security market due to its essential role in providing physical solutions for cargo monitoring. This includes GPS trackers, RFID tags, and sensor devices, which are crucial for real-time tracking and security. The substantial demand for reliable, durable, and advanced hardware to monitor containers globally drives its dominance in the market, supporting various logistics and transportation needs.

The "Software" segment is the fastest-growing in the container tracking and security market, driven by advancements in technology and increasing demand for sophisticated tracking solutions. Software applications, including analytics, real-time monitoring, and data management platforms, offer enhanced visibility and security. As companies seek more integrated and intelligent solutions to optimize supply chain operations and improve cargo security, the software segment experiences rapid growth and innovation.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Container Tracking and Security Industry. Request a Free Sample PDF!

Container Tracking and Security Market Technology Type Segment Analysis

According to Cognitive Market Research, the "GPS" segment is the largest in the container tracking and security market due to its widespread use and reliability in providing real-time location data for containers. GPS technology is crucial for accurate tracking and monitoring over vast distances, making it a preferred choice for global logistics and transportation. Its integration with various tracking systems and applications further solidifies its position as the dominant technology in the market.

The "Cellular" segment is the fastest-growing in the container tracking and security market, driven by advancements in mobile network technologies and increased adoption of IoT solutions. Cellular tracking systems provide robust real-time communication and data transfer capabilities, especially in regions with extensive cellular coverage. The growing demand for flexible and cost-effective tracking solutions in diverse environments fuels the rapid expansion of cellular technologies.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Container Tracking and Security Mode of transportation Segment Analysis

Container Tracking and Security Market Mode of Transpotation Segment Analysis

According to Cognitive Market Research, the "Maritime" segment is the largest in the container tracking and security market, driven by the immense scale of global shipping and containerized trade. Maritime transport involves moving large volumes of containers across oceans, making efficient tracking and security solutions essential. The extensive use of tracking technologies for ships and cargo to ensure timely delivery and safety supports the dominance of the maritime segment in the market.

The "Air" segment is the fastest-growing in the container tracking and security market, propelled by the increasing demand for rapid and efficient transportation of goods via air cargo. The rise in e-commerce and global trade requires advanced tracking solutions to manage high-value and time-sensitive shipments. Air cargo tracking technologies are evolving to provide real-time visibility and enhanced security, contributing to the segment's rapid growth.

• Maritime
• Land
• Air

Container Tracking and Security Deployment Segment Analysis

Container Tracking and Security Market Deployment Segment Analysis

According to Cognitive Market Research, the "On-Premise" segment is the largest in the container tracking and security market due to its long-standing use in industries requiring high levels of control and security. On-premise solutions provide organizations with dedicated infrastructure for managing container tracking systems, offering greater control over data and customization. This traditional approach remains prevalent in industries with stringent data security requirements and established infrastructure.

The "Cloud" segment is the fastest-growing in the container tracking and security market, driven by the increasing adoption of cloud computing for its flexibility, scalability, and cost-efficiency. Cloud-based solutions enable real-time data access, seamless integration, and enhanced collaboration across global supply chains. The growing preference for remote access, data analytics, and reduced I.T. overhead is accelerating the adoption of cloud-based tracking and security systems.

• Cloud
• On-Premise

Container Tracking and Security End-User Segment Analysis

Container Tracking and Security Market End-User Segment Analysis

According to Cognitive Market Research, the "Vehicle Transport" segment is the largest in the container tracking and security market, driven by the extensive movement of vehicles and automotive parts across global supply chains. The need for effective tracking and security solutions for high-value and sensitive cargo in vehicle transport supports the dominance of this segment. Advanced tracking systems are crucial for managing logistics, ensuring timely deliveries, and preventing theft in the vehicle transport industry.

The "Healthcare" segment is the fastest-growing in the container tracking and security market, driven by the increasing need for secure and efficient transportation of medical supplies, pharmaceuticals, and sensitive healthcare products. The rise in global demand for temperature-sensitive and high-value medical goods requires advanced tracking solutions to ensure safety, compliance, and timely delivery. Innovations in tracking technology are rapidly enhancing the efficiency and security of healthcare logistics, fueling the segment's growth.

• Food and Beverage
• Consumer Goods
• Vehicle Transport
• Healthcare
• Industrial Products
• Others

Author's Detail

Anjali Lawand

Research Associate at Cognitive Market Research

LinkedIn

Profile

Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.

Author's Conclusion