Huge Growth Predicted in Container Tracking Market #M2M

A new report from Berg Insight has just been published which points to a massive forecast rise  in the real-time container tracking market. Real-time container tracking is a subset of the asset tracking market, aimed at providing security and efficiency savings to the global freight and shipping industry.

Real-time container tracking is a market that Wireless Innovation have been active in for some time as it fits our skill set quite neatly. Global container tracking requires ubiquitous online connectivity and the ability to support both mobile and satellite technologies in the same application so it’s naturally a market where we have had a lot of experience.

Berg Insight suggests that the market for shipping container tracking is about to enter a period of sustained growth, with the number of tracking systems (GPRS and Satellite) growing by an annual 66.9% CAGR over the next 5 years. This is great news for everyone involved in the container tracking market and should help to open up all sorts of new value add and aftermarket opportunities.