- IoT based cold chain management systems enable continuous tracking of temperature, humidity, and location for perishable goods, ensuring regulatory compliance and minimizing spoilage
- Increasing demand from pharmaceutical, food & beverage, and chemical industries, alongside stricter government regulations, is fueling the widespread adoption of these smart logistics solutions
- The shift toward predictive analytics, energy-efficient systems, and AI-powered alerts is enhancing operational precision, ultimately driving the growth of intelligent cold chain ecosystems
- North America dominated the IoT based cold chain management market with the largest revenue share of 42.58% in 2024, driven by stringent regulatory frameworks, the presence of leading cold chain technology providers, and advanced infrastructure for temperature-sensitive logistics
- Asia-Pacific IoT based cold chain management market is projected to grow at the fastest CAGR of 11.59% from 2025 to 2032, fueled by rising population, urbanization, and increasing demand for secure food and vaccine distribution
- The hardware segment dominated the market with the largest revenue share of 54.6% in 2024, driven by the increasing deployment of IoT-enabled sensors, data loggers, gateways, and RFID tags in temperature-sensitive logistics
