Global IoT For Cold Chain Monitoring Market Size To Exceed USD 28.56 Billion By 2035 | (CAGR) of 13.72%
Category: Information & TechnologyGlobal IoT For Cold Chain Monitoring Market Size To Exceed USD 28.56 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global IoT For Cold Chain Monitoring Market Size is expected to grow from USD 6.94 Billion in 2024, growing to USD 7.91 Billion in 2025, and is predicted to grow to around USD 28.56 billion by 2035 with a compound annual growth rate (CAGR) of 13.72% from 2025 to 2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global IoT For Cold Chain Monitoring Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware, Software, and Services), By Industry (Healthcare & Pharma, Retail & CPG, Food & Beverage, Chemicals, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/iot-for-cold-chain-monitoring-market
The IoT cold chain monitoring market involves using Internet of Things technologies to track and manage temperature-sensitive products during storage and transport. This system employs smart sensors, data loggers, GPS, and cloud platforms to deliver real-time data on temperature, humidity, and location, ensuring product integrity. These solutions are crucial across industries like pharmaceuticals, food and beverages, chemicals, and agriculture, where maintaining specific environmental conditions is essential for safety and regulatory compliance. Market growth is fueled by rising demand for efficient logistics of temperature-sensitive goods, heightened awareness of food and drug safety regulations, and advances in sensor and connectivity technology. Opportunities lie in expanding e-commerce, increasing vaccine distribution, and greater use of cloud analytics and AI to optimize supply chains. High costs, complex integration, security risks, and poor network infrastructure limit IoT adoption in cold chain monitoring.
The hardware segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on component, the IoT for cold chain monitoring market is divided into hardware, software, and services. Among these, the hardware segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Hardware forms the backbone of real-time monitoring, essential for safeguarding pharmaceuticals, vaccines, and perishables. Growing demand for durable devices that perform reliably in varied environments has strengthened their adoption in cold chain monitoring systems.
The healthcare & pharma segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on industry, the IoT for cold chain monitoring market is divided into healthcare & pharma, retail & CPG, food & beverage, chemicals, and others. Among these, the healthcare & pharma segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Global vaccination efforts, strict pharmaceutical standards, and biologics growth increase reliance on IoT monitoring. Real-time tracking and alerts ensure regulatory compliance, while healthcare and pharma prioritize patient safety and efficiency, driving leading adoption in this segment.
North America is expected to hold the majority share of the global IoT for cold chain monitoring market during the forecast period.
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North America is expected to hold the majority share of the global IoT for cold chain monitoring market during the forecast period. Widespread adoption of smart technologies and investments in real-time tracking enhance supply chain efficiency in North America. Additionally, increasing consumer demand for fresh, high-quality products drives innovation, positioning the region as a leader in IoT adoption for effective cold chain monitoring.
Asia Pacific is anticipated to grow at the fastest pace in the global IoT for cold chain monitoring market during the forecast period. Growing demand for temperature-sensitive goods, improved healthcare, supportive policies, tech investments, e-commerce growth, and better cold storage drive real-time monitoring adoption.
Major vendors in the global IoT for cold chain monitoring market are Berlinger & Co. AG, Huawei Technologies, Controlant, SenseGiz Inc., Zebra Technologies, Cisco Systems Inc., Laird Connectivity, Testo SE & Co. KGaA, Roambe Corporation, HC Technologies, Aeris Communication, Moschip Technologies Limited, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In April 2025, Roambee launched its AI-driven Global Trade Lane Risk Planning Platform, providing Lane Risk Scores to help enterprises confidently manage volatile global logistics and trade lane planning amid recent U.S. trade tariff changes.
- In November 2024, Frost & Sullivan awarded Cisco the 2024 Global Company of the Year in the Mobile IoT Platforms industry, recognizing its excellence in delivering advanced IoT and mobility solutions as a global leader in networking and technology.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the IoT for cold chain monitoring market based on the below-mentioned segments:
Global IoT For Cold Chain Monitoring Market, By Component
- Hardware
- Software
- Services
Global IoT For Cold Chain Monitoring Market, By Industry
- Healthcare & Pharma
- Retail & CPG
- Food & Beverage
- Chemicals
- Others
Global IoT For Cold Chain Monitoring Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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