#Factoftheweek
30 million units.
More than 30 million shipments of smart labels are projected by the end of 2029. Let’s break this down.
Smart labels are used in logistics for a variety of reasons, mainly to track items.
These labels can be based on cellular, Sigfox, or LoRaWAN technology.
The growth is staggering.
2024: 400,000 units
2029: 31.8 million units
This is a growth rate of 140%.
What are your thoughts? How will this surge impact logistics? What opportunities do you see? What challenges or hurdles will we need to address?
View this story on LinkedIn.