Cold Chain Monitoring Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented Global Cold Chain Monitoring Market By Component (Hardware, Software), By Application (Food & Beverages, Pharmaceuticals), By Region, By Competition Forecast & Opportunities 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 23.02 Billion
CAGR (2026-2031)	23.52%
Fastest Growing Segment	Hardware
Largest Market	North America
Market Size (2031)	USD 81.77 Billion

Market Overview

The Global Cold Chain Monitoring Market will grow from USD 23.02 Billion in 2025 to USD 81.77 Billion by 2031 at a 23.52% CAGR. The Global Cold Chain Monitoring Market consists of the integrated hardware and software solutions designed to track, record, and control environmental parameters such as temperature, humidity, and location for temperature-sensitive products during storage and transit. The market is primarily driven by the enforcement of stringent regulatory standards for pharmaceutical and food safety, such as the Good Distribution Practice (GDP) guidelines, which mandate precise environmental control to ensure product efficacy and safety. Additionally, the globalization of trade in perishable goods necessitates robust oversight mechanisms to mitigate spoilage and financial loss, acting as a fundamental catalyst for the adoption of these technologies.

Despite this strong growth trajectory, the market faces a significant challenge regarding the high initial capital investment required to retrofit legacy infrastructure with modern monitoring systems. This financial barrier can deter small and medium-sized logistics operators from adopting advanced tracking solutions, potentially stalling broader market penetration. To illustrate the expanding scale of the industry necessitating such oversight, according to the Global Cold Chain Alliance, in 2025, the total temperature-controlled capacity operated by its members reached 231 million cubic meters, representing a growth of more than 10 percent from the previous year. This substantial increase in infrastructure underscores the critical and growing need for reliable monitoring mechanisms within the global supply chain.

Key Market Drivers

The Increasing Demand for Temperature-Sensitive Pharmaceuticals and Biologics acts as a primary catalyst for the Global Cold Chain Monitoring Market. As the healthcare sector shifts towards high-value, biologically derived therapies—such as vaccines, gene therapies, and insulin—the requirement for precise, unbroken temperature control becomes non-negotiable to prevent degradation and ensure patient efficacy. This surge in complex therapeutics compels logistics providers to deploy advanced data loggers and real-time tracking systems that exceed basic regulatory compliance to maintain visibility over assets. Underscoring this trend, according to IAG Cargo, March 2025, in the 'IAG Cargo reports surges in global pharmaceutical shipments' release, the company reported a 22% year-over-year increase in tonnage for its temperature-controlled Constant Climate product in 2024, highlighting the intensifying volume of sensitive medical cargo requiring stringent oversight.

Secondly, the Expansion of Global Cold Chain Logistics and Cross-Border Trade is significantly broadening the market's scope. The globalization of supply chains necessitates robust oversight mechanisms to mitigate spoilage and financial loss across long-haul transit routes, particularly for perishable foods and specialized medical products moving through diverse climatic zones. This geographic expansion drives the adoption of integrated hardware and software solutions to maintain visibility over assets, reducing the risks associated with fragmented handling chains. Illustrating this rapid sectoral expansion, according to Air Cargo Week, December 2025, in the article 'e-commerce, perishables and personalised medicine reshape air cargo priorities', the volume of cool goods transported by air grew by 62 percent year-on-year. Furthermore, reinforcing the scale of this logistical growth, according to the International Air Transport Association (IATA), in 2025, global air cargo demand increased by 11.3% in 2024 compared to the previous year, signaling a robust trajectory for monitoring technologies.

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Key Market Challenges

Based on the provided overview, the challenging factor hampering the market is the high initial capital investment required to retrofit legacy infrastructure.

The substantial financial outlay necessary to upgrade existing cold chain facilities acts as a formidable barrier to the widespread adoption of monitoring technologies. Many logistics operators, particularly small and medium-sized enterprises (SMEs), manage older warehousing and transportation fleets that are not inherently compatible with modern digital tracking systems. Retrofitting this legacy infrastructure requires purchasing expensive sensors and connectivity hardware and funding complex software integration. This creates a fragmented market where smaller players cannot justify the return on investment despite the operational risks, effectively limiting the total addressable market for monitoring solution providers.

Consequently, this inability to affordably modernize infrastructure perpetuates inefficiencies across the global supply chain. Without the capital to install precise environmental controls, a significant volume of temperature-sensitive goods continues to spoil before reaching the consumer. To highlight the magnitude of these inefficiencies, according to the Food and Agriculture Organization (FAO), in 2024, approximately 13.2 percent of food produced globally was lost in the supply chain after harvest but before the retail stage. This persistent loss rate indicates that while the technology exists to preserve these products, the high cost of implementation prevents the comprehensive market penetration required to significantly reduce wastage.

Key Market Trends

The Integration of Artificial Intelligence for Predictive Supply Chain Analytics is fundamentally reshaping the market by moving operations from reactive monitoring to proactive risk management. Advanced algorithms now analyze vast datasets from cold chain sensors to forecast potential temperature excursions and equipment failures before they occur, allowing logistics providers to intervene and prevent spoilage. This strategic shift is gaining significant traction among industry leaders who view predictive intelligence as essential for maintaining the integrity of complex biological and perishable supply chains. Underscoring this growing prioritization, according to Maersk, October 2025, in the 'Cold Chain Innovation in the Middle East: IoT, AI & Blockchain' report, C-Suite mentions of artificial intelligence in logistics strategy discussions increased from 130 in 2022 to 190 in 2024, reflecting a sharp rise in high-level corporate commitment to these technologies.

Concurrently, the Transition from Passive Data Loggers to Real-Time IoT-Enabled Sensors is rapidly addressing the critical visibility gaps inherent in legacy tracking methods. Unlike passive loggers that only provide retrospective data after a shipment has arrived, modern IoT sensors broadcast live environmental conditions, enabling immediate corrective actions such as rerouting or equipment adjustment during transit. This capability is becoming a non-negotiable requirement for shippers who need to guarantee product quality and minimize financial losses due to blind spots in the supply chain. Highlighting the urgency of this transition, according to SeaVantage, September 2025, in the 'Real-Time Supply Chain Visibility: The Ultimate Guide for 2025' article, 57% of supply chain professionals still cite a lack of real-time visibility as their single biggest operational challenge, driving the accelerated adoption of active monitoring hardware.

Segmental Insights

The Hardware segment is identified as the fastest growing category within the Global Cold Chain Monitoring Market due to the escalating demand for sensors and data loggers essential for maintaining product integrity. This growth is significantly influenced by strict compliance mandates from regulatory bodies such as the U.S. Food and Drug Administration, which enforce rigorous temperature control standards for food and pharmaceuticals. Consequently, logistics companies are prioritizing the deployment of physical tracking devices to ensure real-time visibility and adherence to safety guidelines, thereby fueling the rapid expansion of hardware adoption across the industry.

Regional Insights

North America commands the largest share of the global cold chain monitoring market, driven by strict regulatory standards and established logistics infrastructure. The region places a strong emphasis on maintaining quality within the pharmaceutical and food sectors to ensure consumer safety. Regulatory bodies like the U.S. Food and Drug Administration mandate rigorous temperature control protocols, compelling companies to adopt reliable monitoring systems. Additionally, the high concentration of major pharmaceutical manufacturers and logistics providers in the region further sustains the demand for effective cold chain management solutions.

Recent Developments

• In February 2025, Tive formed a strategic partnership with Shipwell, a provider of cloud-based transportation management solutions, to integrate real-time tracking data directly into a unified logistics platform. This collaboration enabled users to access hyper-accurate location and condition monitoring data, such as temperature, shock, and humidity, without switching between different systems. By embedding these Internet of Things capabilities into the transportation management system, the initiative aimed to improve operational efficiency and transparency for shippers moving sensitive goods. The integration facilitated proactive decision-making and risk mitigation, ensuring that temperature-controlled shipments complied with safety standards throughout their journey.
• In June 2024, ORBCOMM released the CT 3600, a next-generation monitoring device specifically engineered for refrigerated shipping containers. This solution was developed to streamline the installation and management of reefer telematics for shipping lines and leasing companies. The device allowed for rapid deployment without the need for drilling, thereby reducing the risk of asset damage and installation costs. It featured a long-lasting rechargeable battery and supported wireless Bluetooth sensors to provide comprehensive visibility into cargo conditions. This launch underscored the company’s focus on delivering intelligent management tools that improved efficiency and reduced downtime in maritime cold chain operations.
• In April 2024, CSafe introduced three advanced technologies intended to enhance data tracking and visibility within the biopharmaceutical cold chain. The new offerings included the Multi-Use Dewars for the cell and gene therapy market, which featured built-in real-time data tracking capabilities. Additionally, the company launched the CSafe Connect Control Tower, a white-glove monitoring service that provided shipping data such as GPS location and cargo temperature to stakeholders. The third innovation, the Silverpod MAX RE, was a reusable pallet shipper equipped with integrated tracking devices. These developments were designed to address critical challenges in maintaining product integrity during transit.
• In February 2024, Sensitech expanded its suite of supply chain visibility solutions with the launch of the TempTale GEO X, a state-of-the-art Internet of Things device designed for the life sciences and logistics sectors. This validated, GxP-compliant solution was engineered to monitor temperature-sensitive pharmaceuticals and vaccines across various transportation modes, including air, road, rail, and ocean. The device featured real-time capabilities for tracking location and monitoring temperatures ranging from -95°C to +55°C, alongside humidity and light sensors. By integrating with the company's existing platform, the technology aimed to automate quality compliance processes and accelerate product release decisions within the global cold chain.

Key Market Players

• ELPRO-BUCHS AG
• CARRIER
• Berlinger & Co. AG
• Savi Technology
• ORBCOMM
• GEOTAB INC.
• Monnit Corporation
• Controlant
• ZEST LABS, INC.
• INFRATAB, INC.

By Component	By Application	By Region
Hardware Software	Food & Beverages Pharmaceuticals	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Cold Chain Monitoring Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Cold Chain Monitoring Market, By Component:

• Hardware
• Software

• Cold Chain Monitoring Market, By Application:

• Food & Beverages
• Pharmaceuticals

• Cold Chain Monitoring Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE