Global Cold Chain Monitoring Market Size & Outlook
The cold chain monitoring industry worldwide is expected to reach a projected revenue of US$ 119,739.3 million by 2030. A compound annual growth rate of 22.5% is expected of the worldwide cold chain monitoring industry from 2024 to 2030.
Revenue, 2023 (US$M)
$28,894.9
Forecast, 2030 (US$M)
$119,739.3
CAGR, 2024 - 2030
22.5%
Report Coverage
Worldwide
Global cold chain monitoring market, 2017-2030 (US$M)
Related Markets
Global cold chain monitoring market highlights
- The global cold chain monitoring market generated a revenue of USD 28,894.9 million in 2023 and is expected to reach USD 119,739.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 22.5% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 22,637.8 million in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 28,894.9 million |
| Market revenue in 2030 | USD 119,739.3 million |
| Growth rate | 22.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
Other key industry trends
- In terms of revenue, the North America accounted for 37.2% of the global cold chain monitoring market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 3,150.8 million by 2030.
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Cold Chain Monitoring Market Scope
Cold chain monitoring market segmentation & scope
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Cold Chain Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cold chain monitoring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold chain monitoring market will help companies and investors design strategic landscapes.
hardware was the largest segment with a revenue share of 78.35% in 2023. Horizon Databook has segmented the Global cold chain monitoring market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Cold Chain Monitoring Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Sensors
- RFID Devices
- Telematics
- Networking Devices
- Others
- Software
- On-premise
- Cloud-based
- Hardware
- Global Cold Chain Monitoring Application Outlook (Revenue, USD Million, 2017-2030)
- Food & Beverages
- Fruits & Vegetables
- Fruit Pulp & Concentrates
- Dairy Products
- Milk
- Butter
- Cheese
- Ice cream
- Others
- Fish, Meat, and Seafood
- Processed Food
- Bakery & Confectionary
- Others
- Pharmaceuticals
- Vaccines
- Blood Banking
- Others
- Others
- Food & Beverages
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Target buyers of Global cold chain monitoring market databook
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Our clientele includes a mix of cold chain monitoring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global cold chain monitoring market , including forecasts for subscribers. This global databook contains high-level insights into Global cold chain monitoring market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global cold chain monitoring market statistics, by regions, 2017-2030 (US$M)
Top 10 countries: Cold chain monitoring market size, 2023 (USD Million)
Top 10 countries: Cold chain monitoring market size, 2023 (USD Million)
Global cold chain monitoring market, by region, 2023 (US$M)
Related regional statistics
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