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Blockchain Press Releases

Smart Shipping Container Market to Cross USD 15,341.5 Million Revenue by 2030: P&S Intelligence

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NEW YORK, July 17, 2023 /PRNewswire/ — According to the latest market research study published by P&S Intelligence, the smart shipping container market will reach USD 15,341.5 million by 2030, advancing at a CAGR of 18.4%.

This development can be credited to the improved security, temperature regulation, and real-time GPS tracking enabled by these containers.

Several metrics, including humidity, temperature, location of the package, and door status, can be monitored via the sensors incorporated into them. Further, the package can be examined remotely via a computer, smartphone, or tablet.

Hence, such intelligent shipping containers are ideal to transport perishable items, such as medical supplies (blood products, tissues and cells, and medication) and food.

Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/smart-shipping-container-market/report-sample

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Demand for Hardware Is Higher than Software and Services

The hardware category is dominating the market with an approximately 50% share, and it is also projected to experience the fastest growth. This is because a huge count of sensors are needed to keep an eye on the condition of the goods being transported inside a container on a ship, semi-trailer truck, or flat railway wagon.

Global Positioning System Is Most-Popular Technology

GPS is the most-widely used technology as it enables customers and shippers to keep a track of the whereabouts of their goods while inside a container.

The usage of modern cellular and GPS technology for live data tracking helps control centers efficient manage their logistics and transportation operations.

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Moreover, the Bluetooth Low Energy (BLE) technology’s adoption is rising due to the growing usage of IoT devices, for which an efficient means of communication isa must.

Experts predict that IoT sensors will be integrated into the majority of the containers in the near future, as this technology allows for two-way communication between the container and control center.

Smart Container Demand To Grow Rapidly to Ship Food & Beverage Products

The F&B vertical will witness the highest CAGR on account of the rising popularity of packaged food, a lot of which perishes easily. Now, people are preferring ready-to-eat food over homemade food which makes efficient solutions for marine transportation important to support international trade.

Smart Shipping Container Market Report Coverage

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Report Metric

Details

Market Size in 2022

USD 3,971.2 Million

Revenue Forecast in 2030

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USD 15,341.5 million

Projected Growth Rate

18.4% (CAGR)

Companies Analyzed

Orbcomm Inc., CMA CGM S.A., SkyCell AG, Phillips Connect, Globe Tracker ApS, Nexxiot AG, Berlinger & Co. AG, China International Marine Containers (Group) Co. Ltd., A.P. Moller – Maersk A/S

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Segments Analyzed

By Offering; By Technology; By Vertical; By Region

 

Browse detailed report on Smart Shipping Container Market Size, Share, Growth, Development and Demand Forecast to 2030

Most Smart Containers Ferried by European Shippers

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Europe is at the top in the smart shipping container market, owing to the existence of a large number of integrated hardware companies that offer IoT sensors for data capture, along with advanced software for its analysis.

Furthermore, the presence of several shipping businesses in the region fuels the demand for smart containers. The biggest global shipping business based in the region are Maersk, Hapag-Lloyd, CMA CGM, Mediterranean Shipping Company, Navios, and Euronav.

In the European market, Germany will have a CAGR of 18%, because of the fast acceptance of AI, ML learning, and IoT for enhancing the logistics & transportation industry’s operations and future prospects.

Smart Shipping Container Market Segmentation Coverage in the Report

Smart Shipping Container Market Analysis by Offering

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  • Hardware
    • Sensors
    • Connectivity devices
    • Telematics & telemetry devices
  • Software
  • Services

Smart Shipping Container Market Analysis by Technology

  • Global Positioning System (GPS)
  • Cellular
  • Long-Range Wide– Area Network (LoRa WAN)
  • Bluetooth Low-Energy (BLE)

Smart Shipping Container Market Analysis by Vertical

  • Food & Beverage
  • Pharmaceutical
  • Oil & Gas
  • Chemical

Smart Shipping Container Market Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • U.A.E.

Browse More Reports Published by P&S

Inertial Navigation System Market Size, Share, Trends, and Demand Forecast to 2030

Small Marine Engines Market Size, Share, Trends, and Demand Forecast to 2030

IoT in Logistics Market Size, Share, Trends, and Demand Forecast to 2030

Two-Wheeler Logistics Market Size, Share, Trends, and Demand Forecast to 2030

On-Demand Logistics Market Size, Share, Trends, and Demand Forecast to 2030

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Reefer Container Market Size, Share, Trends, and Demand Forecast to 2030

About P&S Intelligence

P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.

Contact:
Chandra Mohan
AVP – Business Development
Phone: +1-347-960-6455
Email: [email protected]
Web: https://www.psmarketresearch.com
Follow Us: LinkedIn Twitter

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Blockchain Press Releases

Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

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Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025

WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.

The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.

“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”

Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.

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About Compass Mining

Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.

Media Contact

BlocksBridge Consulting
[email protected] 

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Blockchain Press Releases

Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.

For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.

For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.

“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,”  said Joan Han, Sales and Marketing Director at Bybit.

The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:

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  • Up to 10% cashback in USDT, BTC and ETH on eligible purchases
  • Zero fees for instant virtual card issuance
  • Zero annual or hidden fees
  • Up to 8% APY

Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!

#Bybit / #TheCryptoArk #theBybitCard

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.

From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:

Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.

As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.

Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.

Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.

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#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Advertisement
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