Source Research:
Food cold chain track & trace revenues track the temperature/humidity monitoring solutions deployed in the food industry by logistics providers, retailers, or food manufacturers. Hardware sales (prices of sensors and shipments), software revenues (recurring monthly), and service revenues are accounted for in these figures.
As the chart depicts, revenue for food cold chain track & trace solutions will reach roughly US$5.5 billion by 2030, with Asia-Pacific leading the charge. Much of the revenue growth can be attributed to increasing food safety regulations, which you can learn more about in the accompanying presentation.
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