Starcom News

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…