The global cold chain tracking and monitoring market 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.
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.
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