#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.

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