The installed base of active cargo tracking units reached 6.1mn in 2018

IoT market research provider, Berg Insight, has released a new market report covering the cargo tracking market. The number of active tracking devices, says Martin Bäckman, IoT analyst at Berg Insight, deployed for cargo loading units including trailers, intermodal containers, rail freight wagons, air cargo containers, cargo boxes and pallets reached 6.1 million worldwide in 2018.

Strategic partnerships – the way forward for IoT in the container shipping industry

Real-time tracking solutions developed specifically for intermodal shipping containers is still a relatively nascent market. Many of the vendors offering solutions for this market have not yet achieved particularly sizeable installed bases in terms of the number of deployed units. As Johan Fagerberg, co-founder of Berg Insight says, they are today close to 25 million shipping containers in circulation worldwide.

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Market overview

Ride sharing has been a disruptive transport technology, going from obscurity to near ubiquity in a matter of a couple of years and having a significant impact on traditional taxi services.