The global telematics enabled container equipment fleet is forecast to grow six-fold over the next five years and account for 30% of global box inventories by 2027, driven by wider adoption across the dry container fleet, according to a new report from UK consultancy Drewry.

Smart containers have grown in popularity in recent years, a trend that was exacerbated by the advent of the covid epidemic and the resulting supply chain disruption, which highlighted the need for improved cargo visibility to deal with lengthier and more volatile transit times.