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Global Container Security and Tracking Market 2018-2022: Market to Grow at a CAGR of 21.45% - Key Vendors are Honeywell International, IBM, Kirsen Global Security, ORBCOMM & Starcom SystemsDUBLIN, July 26, 2018 /PRNewswire/ -- The "Global Container Security and Tracking Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The Global container security and tracking market to grow at a CAGR of 21.45% during the period 2018-2022. Global Container Security and Tracking Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Container security and tracking solutions are software or an integration of both hardware and software that logistics service providers employ for tracking, securing, and monitoring of containers during transit.To calculate the market size, the report considers the revenue generated from the sales of systems with technologies such as RTLS and RFID. The introduction of blockchain technology in container shipping industry will be a key trend driving the market growth. This blockchain technology is a digital platform that acts as a distributed transaction ledger, and aids in the stakeholders maintaining the identical copies of data. This technology will streamline, automate, and create transparency in sharing immutable records According to the report, the growing containerized seaborne trade will drive the market growth. With the growing international containerized seaborne trade, the market is witnessing the demand for container tracking and security system. This system improves the traceability, efficiency, and security of the containers, while improving the performance of the supply chain. Further, the report states that the high initial setup and implementation cost will impact the market growth. To set up container security and tracking systms, high initial investments are required. Also, the cost of designing and manufacturing the IoT solutions is high. Also, the addition of new technologies and software increases the cost and complication of the entire system. Key vendors
Key Topics Covered:
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: CUSTOMER LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/research/cv4src/global_container?w=5 Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager. Media Contact: Research and Markets
SOURCE Research and Markets |