Over the past three years, supply chain edge device technology has “matured enormously to create a web of device form factors and connectivity technologies for a very large range of use cases, from cargo monitoring and returnable transport asset tracking to container and railcar tracking,” notes ABI research. The research group expects this market to grow from just over $100 million in 2022 to more than $600 million by 2027. This growth will be driven by expansion of supply chain IoT technologies to allow even more asset types to be tracked at a lower cost point, driving the feedback loop toward more scale. As these new technologies begin to scale faster and as companies gather more data from more types of assets, ABI Research expects the focus to shift from new device development toward software and integration.