Cold Chain Tracking and Monitoring Market Report by System (Hardware, Software), Solution (Storage, Transportation), End User (Healthcare, Pharmaceuticals, Food and Beverage, Chemical, and Others), and Region 2025-2033
The global cold chain tracking and monitoringmarket size reached USD 7.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 16.7 Billion by 2033, exhibiting a growth rate (CAGR) of 9.57% during 2025-2033.
Report Attribute
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024
USD 7.0 Billion
Market Forecast in 2033
USD 16.7 Billion
Market Growth Rate 2025-2033
9.57%
Cold chain tracking and monitoring represents a sophisticated, uninterrupted supply system that employs the Internet of Things (IoT) technology for supervising temperature-sensitive perishable products, including vaccines, chemicals, and pharmaceutical items. It aids in maintaining the quality of the item throughout the production, storage, and transportation processes by performing real-time tracking operations and acquiring essential data regarding the product. Apart from this, cold chain tracking and monitoring assists in extending the shelf life of fresh and frozen food products as they meet their constant requirement of refrigeration while offering a quality management system. At present, they are commercially categorized into varying systems and solutions.
Cold Chain Tracking and Monitoring Market Trends:
One of the key factors driving the cold chain tracking and monitoring market growth is the increasing demand for the solution across the pharmaceutical and healthcare industries. In line with this, they are widely used for trading perishable medical supplies, such as biological specimens, tissues, vaccines and oncology drugs, thus propelling the market growth. This is further supported by the coronavirus disease (COVID-19) pandemic, which, in turn, has intensified the adoption of cold chain tracking and monitoring across the globe for maintaining the chemical stability and efficacy of the vaccines. Additionally, the rising industrial need for remotely operated automated logistic storage facilities to maintain the quality standards of various products is positively impacting the market growth. In line with this, the integration of radio-frequency identification (RFID) and the Internet of Things (IoT) sensors into the transportation pallets for tracking assets, managing inventory, and enhancing data accuracy are contributing to the market growth. Other factors, such as the escalating usage of e-commerce platforms to order consumer goods, rapid establishment of refrigerated warehouses, and the rising requirement amongst manufacturers to achieve an end-to-end visibility and condition monitoring throughout the supply chain operation, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cold chain tracking and monitoringmarket report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on system, solution and end user.
Breakup by System:
Hardware
Software
Breakup by Solution:
Storage
Transportation
Breakup by End User:
Healthcare
Pharmaceuticals
Food and Beverage
Chemical
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global cold chain tracking and monitoringmarket. Detailed profiles of all major companies have also been provided. Some of the companies covered include:
AmeriCold Logistics LLC
Berlinger & Co. AG
Carrier Global Corporation
Cold Chain Technologies
Controlant
Ellab Monitoring Solutions Ltd.
ELPRO-BUCHS AG
Monnit Corporation
Orbcomm
Rotronic AG (Process Sensing Technologies Limited)
Savi Technology
Zest Labs Inc.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2024
Historical Period
2019-2024
Forecast Period
2025-2033
Units
Billion USD
Segment Coverage
System, Solution, End User, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
AmeriCold Logistics LLC, Berlinger & Co. AG, Carrier Global Corporation, Cold Chain Technologies, Controlant, Ellab Monitoring Solutions Ltd., ELPRO-BUCHS AG, Monnit Corporation, Orbcomm, Rotronic AG (Process Sensing Technologies Limited), Savi Technology and Zest Labs Inc.
Customization Scope
10% Free Customization
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global cold chain tracking and monitoring market was valued at USD 7.0 Billion in 2024.
We expect the global cold chain tracking and monitoring market to exhibit a CAGR of 9.57% during 2025-2033.
The rising employment of Internet of Things (IoT) technology in cold chain tracking and monitoring systems for supervising temperature-sensitive perishable products, such as vaccines, chemicals, and pharmaceutical items, is primarily driving the global cold chain tracking and monitoring market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing deployment of cold chain tracking and monitoring systems to maintain the chemical stability and efficacy of the coronavirus infection vaccines.
Based on the system, the global cold chain tracking and monitoring market can be categorized into hardware and software. Currently, hardware holds the majority of the global market share.
Based on the solution, the global cold chain tracking and monitoring market has been segregated into storage and transportation, where transportation currently exhibits a clear dominance in the market.
Based on the end user, the global cold chain tracking and monitoring market can be bifurcated into healthcare, pharmaceuticals, food and beverage, chemical, and others. Among these, the food and beverage industry accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global cold chain tracking and monitoring market include AmeriCold Logistics LLC, Berlinger & Co. AG, Carrier Global Corporation, Cold Chain Technologies, Controlant, Ellab Monitoring Solutions Ltd., ELPRO-BUCHS AG, Monnit Corporation, Orbcomm, Rotronic AG (Process Sensing Technologies Limited), Savi Technology, and Zest Labs Inc.
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