Container Tracking System Installation Up 54 Percent in 2012
According to a new research report from the analyst firm Berg Insight, the number of active remote container tracking units deployed on intermodal shipping containers was 137,000 in Q4-2012, up from 89,000 a year earlier. Growing at a compound annual growth rate (CAGR) of 49.1%, this number is expected to reach 1 million by 2017. The penetration rate of remote tracking systems in the total population of containers is estimated to increase from 0.7% in 2012 to 4.1% in 2017. Berg Insight’s definition of a real-time container tracking solution is a system that incorporates data logging, satellite positioning and data communication to a back-office application. The market for container tracking solutions is still in its early stage.
ABI Research Issues “Cargo Container Security” study
Increasingly Competitive Container Shipping Market to Boost Security and Tracking Revenues to $690 Million by 2016. Container security and tracking revenues will grow at a compound annual growth rate (CAGR) of 27% from $212 million in 2011 to $690 million in 2016. Telematics and navigation group director Dominique Bonte says, “With a lot of regulations and legislation being introduced in the aftermath of 9/11, expectations that this industry would finally take off were high, prompting many vendors to enter this market with advanced solutions. ABI Research’s new “Cargo Container Security and Tracking” study covers maritime and intermodal asset management solutions that are enabled with a family of integrated wireless technologies to provide real-time…
