IoT in Transportation & Logistics Industry
Logistics and transportation are crucial to the success of economies worldwide. A conduit facilitates transporting people, goods, and other materials. Produced goods are transported in containers at some point in the supply chain. With the predicted 35% growth in the global consumer class by 2030, demands on the transportation sector are expected to escalate. As much as ninety-five percent of all produced items are shipped using container ships. Because of this, people are thinking more about the industry's biggest problems and how to solve them. A good thing has come out of this.