The Smart Container Market was estimated to grow from USD 3.65 Billion in 2021 to USD 11.14 Billion by 2028 at a CAGR of 17.07% during the forecast period of 2022-2028.

The key driving factors contributing to the demand for smart containers are the surge in adoption of IoT connected devices by major shipping companies and growing concerns regarding wastage of food and medical products due to temperature deviation, which in turn, are driving the growth of the market.

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