Oyster Bay, New York - 27 Oct 2011
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. While RFID-based point solutions at port yards are becoming more established – at least in North America and Western Europe - uptake of more advanced GPS-based solutions has been disappointing, despite several solutions having been made available by vendors such as SkyBitz, DB Schenker, Starcom, and Pointer Telocation – mainly for the intermodal market.”
At the same time, end-to-end visibility, monitoring, and tracking are becoming more important in an increasingly competitive and security-challenged container transportation industry where cheaper and safer container transport is urgently needed. While this will represent another strong driver for the uptake of GPS-based tracking in the future – though some players still claim tracking of containers during maritime transport on ocean liners is not a major requirement - the coexistence of different technologies such as OCR, RFID, RTLS, and GPS will remain the default situation, with slow migration from legacy systems such as OCR to RFID/RTLS, later followed by a more aggressive uptake of GPS/cellular-based 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, global tracking, security, and communications features. It includes detailed descriptions of segments and verticals, applications and functionality, market drivers and barriers, regulation, and legislation, as well as shipment and revenue forecasts.
It is part of the Commercial Telematics, RFID, and Smart Cities and Smart Grids research services.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 30+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.
About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.
ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.
Asia: +65 6950.5670