Proving the Business Case for the Internet of Things

Cargo tracking devices to number 4.1 million by 2018: Berg

Iain Morris
August 6, 2014
 
The number of tracking devices deployed in cargo loading units hit 1.5 million globally in the fourth quarter of 2013 and is projected to reach 4.1 million by 2018, according to new research from Berg Insight.

The market-research company says that technology advancements are making it economically feasible to track ever-smaller logistics units and that in future it will be commonplace to track not only trailers and shipping containers but also individual pallets and cargo boxes.

“Logistics and transportation companies need to be ready to take advantage of the increasing amount of data generated by cargo tracking solutions in order to effectively improve productivity and customer service levels,” said Johan Svanberg, a senior analyst with Berg Insight.

Berg notes that regulations related to cargo transport are having a significant impact on the market environment, with numerous countries introducing regulations and programs related to cargo security, tax collection and handling of special cargo such as food, dangerous goods and animals.

Numerous countries worldwide have introduced regulations and programs related to cargo security, tax collection and handling of special cargo such as food, dangerous goods and animals.

“Smart tracking solutions can help stakeholders to efficiently comply with this myriad of regulations and programs,” said Svanberg.
North America’s trailer telematics market accounts for about 60% of the total installed base in the sector today, says Berg.

The top providers – which comprise Omnitracs (San Diego, CA, USA), Skybitz (Herndon, VI, USA), ID Systems (Woodcliff Lake, NJ, USA), Orbcomm (Rochelle Park, NJ, USA) and Spireon (Irvine, CA, USA) – serve an installed base of more than 600,000 active units today.

In Europe, meanwhile, Idem Telematics (Munich, Germany), Mecomo (Unterschleissheim, Germany), Schmitz Cargobull (Horstmar, Germany) and Novacom Europe (Ramonville-Saint-Agne, France) have emerged as the major players, with more than 20,000 units each.
 
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