Trailer and Cargo Container Tracking Market Strategic Imperatives by 2034

Trailer and Cargo Container Tracking Market Innovation & Investment Trends

The trailer and cargo container tracking market is anticipated to grow from USD 3.29 billion in 2025 to USD 7.99 billion by 2034, with a compound annual growth rate (CAGR) of 10.41% during the forecast period from 2025 to 2034.

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Introduction

The trailer and cargo container tracking market is an integral sector of the automotive industry. This industry deals in developing tracking solutions for trailers and containers. There are several tracking solutions provided by this sector consisting of GPS tracking, RFID tracking, IoT tracking, cellular tracking and some others. It comprises of various components including hardware, software and services. These tracking solutions are deployed either on cloud or on-premises. The growing developments in the e-commerce sector has boosted the industrial expansion. This market is expected to rise significantly with the growth of the logistics sector in different parts of the world.

• According to the Ecommerce Tips, the global e-commerce market in 2022 was valued at US$ 5.7 trillion in 2022 that increased to US$ 8.1 trillion in 2026.

Highlights of the Trailer and Cargo Container Tracking Market

• North America held the dominant share of the trailer and cargo container tracking market due to the growing development in the e-commerce sector in this region.
• Asia Pacific is expected to grow with a significant CAGR due to the presence of several fleet operators in this region.
• The GPS tracking segment dominated the market due to its application in real-time location tracking for optimizing logistics operations.
• The logistics segment led the market due to the rapid investment by logistics companies for enhancing various transportation modes such as roads, air, railways and some others.

Trailer and Cargo Container Tracking: Trends, Stats and Figures

• The fleet management companies are integrating advanced tracking solutions for enhancing their business operations and maintaining transparency in the business. For instance, in November 2024, Webfleet collaborated with Schmitz Cargobull. This collaboration is done for integrating trailer telematics solutions of Schmitz in Webfleet’s trucks and cargos.
• The rapid investment in the cross-border logistics along with rising development in global trade has increased the application of tracking solutions for managing trailers and containers.
• According to the India Brand Equity Foundation, the Indian e-commerce market is expected to generate a revenue of around US$ 325 billion by 2030.
• According to the International Trade Administration, the United States logistics cost reached US$ 2.3 trillion in 2023.

Industry Leader Announcement

In February 2025, Adam Wittwer, the president of Thermo King America announced that, “As cargo management gets more and more complex, the need for reliable, real-time data becomes critical, The TracKing Smart Trailer telematics system empowers fleet operators to make smarter, faster decisions that help minimize costs, all while reducing environmental impact. This comprehensive solution can enable fleets to operate more efficiently, keep trailers on the road longer, and help their businesses to remain competitive in today’s market.”

Competitive Landscape

The trailer and cargo container tracking market is a developing industry with the presence of several dominating players. Some of the prominent companies in this industry comprises of Masternaut, Orbcomm, Verizon Connect, Zebra Technologies, Rev, Omnicomm, Inseego, Sierra Wireless, Teletrac Navman, Cognex Corporation, Teldat, Baker Hughes, Fleet Complete and some others. These market players are constantly engaged in developing tracking technologies for managing trailer and containers to maintain their dominance in this industry.

• According to the annual report of Zebra Technologies, the revenue of services and software segment revenue in 2022 was US$ 109 million that increased to US$ 114 million.

Market Segmentation

By Technology

• GPS Tracking
• RFID Tracking
• IoT Tracking
• Cellular Tracking

By Components

• Hardware
• Software
• Services

By End Use Industry

• Logistics
• Retail
• Manufacturing
• Construction

By Deployment Type

• On-Premises
• Cloud-Based

By Region

• North America
• Europe
• South America
• Asia Pacific
• Middle East and Africa