Cargo Business Techwire

Friday, November 6, 2015

Report: Installed cargo-tracking units to reach 5.8 million by 2019

According to a new research report from the Internet-of-Things analyst firm Berg Insight, the number of active tracking devices deployed in cargo loading units including trailers, intermodal containers, air cargo containers, cargo boxes and pallets reached 1.8 million worldwide in 2014.

Growing at a compound annual growth rate of 26.2 percent, this number is expected to reach 5.8 million by 2019. The North American trailer telematics market is the most developed segment, followed by the emerging segment of intermodal container tracking that has demonstrated considerable growth over the past few years.

The maritime shipping industry has started to embrace real-time container tracking on a large scale. Johan Svanberg, senior analyst at Berg Insight, says Maersk Line is the foremost example, having recently announced major implementation of the technology. AT&T and WAM Technologies have collaborated to connect 290,000 of Maersk Line’s reefers.

Other major providers of intermodal container

tracking solutions are Orbcomm, FreightWatch International, Savi Technology, Zenatek, Envotech, Honeywell Global Tracking, EPSa, Emerson and Track24. The top providers in the North American trailer telematics market including SkyBitz, Omnitracs, Spireon, Orbcomm and ID Systems have together an installed base of close to 800,000 active units today.

Logistics and transportation companies are now accelerating their IoT efforts to take advantage of the increasing amount of data generated by cargo tracking solutions in order to effectively improve productivity and customer service levels.

"Technology advancements make it economically feasible to track ever smaller logistics units and it will be commonplace to track not only trailers and shipping containers but also individual pallets and cargo boxes" said Svanberg.

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