smartBOX and the Potential of a $500 Billion Market

Lisbon, Portugal — Smartbox, led by CEO Gustavo Carneiro, stood out as one of the most innovative Brazilian companies at Web Summit 2024, held from November 11 to 14 in Lisbon. The event, which brought together over 70,000 people worldwide, served as a strategic platform for the company to showcase its technological solutions for monitoring and transporting sensitive and high-value products.

Solutions for a Growing Market

The temperature-controlled logistics sector is experiencing rapid growth. Valued at approximately $250 billion in 2023, the global market is projected to grow at a compound annual growth rate (CAGR) of 8% to 10% through 2030, potentially surpassing $500 billion. In this context, Smartbox is a key player by offering technologies that address the rising demand for efficiency, security, and regulatory compliance in the supply chain, leveraging standardized storage and transportation components.

During the Web Summit, Gustavo Carneiro highlighted smartBOX’s commitment to innovation: "We believe that enhancing the visibility of distribution and transportation chains is an opportunity to further drive innovations that ensure the integrity and safety of sensitive and high-value products. We are committed to leading this transformation.

The company’s solutions ensure precise monitoring of environmental conditions and breaches during the transportation and storage of critical products, including pharmaceuticals, electronic components, essential oils, and chocolates. These technologies are essential to reducing losses that cost the pharmaceutical sector alone $1 billion annually due to temperature variations and theft.

Global Impact and Future in Barcelona

smartBOX’s presence at Web Summit Lisbon not only reinforced its position as a pioneer in the sector but also opened new opportunities for global business and partnerships. Gustavo Carneiro confirmed the company’s selection for the 2025 Mobile World Congress, set to take place in March in Barcelona, where it plans to present even more revolutionary advances for the logistics sector.

The company’s commitment to meeting the growing demands of a rapidly expanding global market—such as temperature-controlled logistics and real-time monitoring—highlights its central role in the transformation of logistics. Its innovative technologies are indispensable for industries requiring excellence in transportation and storage, ensuring the integrity of high-value and critically important products.

The journey of Smartbox at Web Summit Lisbon 2024 symbolizes the intersection of innovation and market needs, reaffirming the importance of technology in building a more efficient, sustainable, and connected future for the global supply chain.