SINGAPORE, June 8, 2016 /PRNewswire/ — Goods tracking technologies are on the rise, as companies find them to be increasingly essential in effectively tracking and monitoring transported goods to cut down on cargo theft. ABI Research estimates that the market, which was worth $3.6 billion in 2016, will swell to $5.6 billion by 2021.
Sophisticated goods tracking technologies mitigate cargo theft and play a key role in the recovery of stolen assets by detecting the location of stolen premium goods (e.g., pharmaceuticals, electronics, jewelry, tobacco and alcohol, cash, and retail products). The solutions also provide additional security by enabling companies to track and recover stolen shipments, even when those shipments are reloaded into a new container or trailer, which is not being tracked.
“These solutions are covertly placed into product packaging so that they can continue to ping its location in real-time, enabling companies to track and recover stolen shipment and apprehend criminals,” says Raquel Artes, Industry Analyst at ABI Research. “This is particularly suitable given the market’s complex ecosystem wherein products are handled and transferred among a handful of different players and the risk of theft is high.”
Geo Track offers high quality and high efficiency products to all of our customers. GeoTrack's GPS tracking systems have assisted companies across North America by providing them with real time overall vehicle supervision and maintenance, fleet status, solutions to problem drivers and customer's satisfaction.
Our tracking systems can be used on a wide range of vehicles from a small to large fleet by enabling you to manage your valuable assets at any time, any where in the world. Before making any commitment, we recommend that you try our demo units on your fleet, and judge the system for yourself.