The secure transport of goods is essential. Whether it's food, medical supplies, or consumer goods, cargo must remain preserved, unadulterated, and reliably located. This is fundamental to any economy. However, despite its importance, tracking and asset management need significant improvements worldwide. In Europe, losses caused by cargo theft exceed €8 billion per year, with road transport being the main target.
Asset tracking OEMs now adopting LPWA-based tracking solutions
Low-cost battery-powered asset tracking solutions by 2030
Customers avoid buying again after 2-3 late deliveries
The freight transport sector also faces challenges in preserving perishable products. In fact, 35–40% of quality losses in products such as fruits, vegetables, and proteins result from inadequate temperature or atmospheric conditions during transport and distribution. These difficulties increase as consumer demand for reliable deliveries grows, with 65% of customers less likely to return to a retailer or supplier after repeated delays.
Fortunately, new connected technologies offer a solution by enabling the tracking of cargo status and location. Fleets and transport operations can now be equipped with IoT modules that provide real-time asset location information. Many are also compatible with additional sensors that measure and communicate vital information such as humidity, temperature, or impact.
Furthermore, the devices also integrate with other technologies, such as RFID tags, smart tags, GPS trackers, and telematics systems. Asset tracking devices can also perform edge computing and connect to cloud platforms to aggregate data and enable faster decision-making.
The logistics sector is now rapidly moving towards asset tracking with IoT, with the global asset tracking market projected to grow from approximately US$23.42 billion in 2024 to US$59.64 billion by 2032.
Quectel modules operate in remote locations and support various technologies for status and location monitoring. For assets without a power source, we provide LPWA modules . Importantly, they communicate essential data at a low transmission rate, resulting in ultra-low power consumption and a battery life of up to 10 years.
The logistics sector is rapidly moving towards large-scale IoT asset tracking, with the global market projected to reach US$59.64 billion by 2032. Furthermore, over 80% of asset tracking device manufacturers have already adopted or plan to launch products with LPWA connections. In fact, LPWA technologies represent approximately 60–70% of the global asset tracking market by 2025.
In recent years, many early adopters—including companies in highly regulated sectors like healthcare—have seen significant gains. However, smart logistics is now entering the mainstream market. For example, large logistics companies are increasingly using IoT tracking devices in fleets and containers. Warehouse automation is also growing. At the same time, IoT devices are becoming more affordable, opening up opportunities for smaller logistics providers to digitize their operations.
IoT tools will soon become as commonplace in logistics as GPS or email. This shift will drive faster, more efficient, and sustainable operations across the industry.
O rastreamento de ativos requer posicionamento confiável e preciso – nossos módulos oferecem:
Posicionamento preciso via satélite com a tecnologia Qualcomm Izat
Antenas MIMO para reduzir significativamente erros e aumentar a velocidade de dados
Ampla faixa de temperatura para garantir durabilidade em ambientes severos
Compatibilidade retroativa de rede para cobertura em áreas remotas
Adoption across various sectors is rapidly becoming the norm. By 2030, for example, the total market for low-cost, battery-powered tracking solutions will reach 1 billion devices. This milestone represents a significant shift in the modern logistics industry. The combined benefits of operational improvements and cost reductions are already helping organizations generate more value for themselves and their customers. Whether for vehicles, cargo, or pallets, our line of secure and reliable modules keeps goods protected and ensures they arrive on time.
