The global smart ports market is expected to be around US$ 10 billion by 2027 at a CAGR of 25%.
Smart ports use newer technologies like automation and large data analytics to expand its performance. The rapid penetration of IoT and AI in various industrial sectors has impacted the conservative marine sector. Introduction of massive data and digitalization of commercial processes is positively influencing the industry of ports and container shipping. The concept of digital ports and new developments by the businesses is predicted to boom the expansion of the smart ports market within the coming years. Global Smart Ports Market are growing introduction of green initiatives and therefore the requirement of ports to suits the environmental regulations that are implemented by the governments of several nations, also usage of massive data and cloud computing to chop down the carbon emissions and at an equivalent time, increase internal operational efficiency. However, privacy & security concerns and limited availability of skilled staff are the main factors hindering the expansion of the target market to a particular extent. Also, complexity within the integration of various systems and high initial investments are the many challenges faced by the marketplace for smart ports. Smart ports are automatic ports that use high-end smart technologies including AI, IoT, Big Data, and blockchain for improving performance and efficiency of the shipping industry. Smart ports record and monitor data and utilizes them to require better decisions. Growth in trade worldwide thanks to economic liberalization has led to a rise within the size of freighter ships for accommodating more cargo. With the dimensions of freighter ships getting high, ports must adapt their planning supported the need, which is simpler if digitalization is applied.
The global Smart Ports market is segregated on the basis of Technology as Artificial Intelligence, Blockchain, Internet of Things, and Process Automation. Based on Port Type the global Smart Ports market is segmented in Inland Port and Seaport. Based on Technology the global Smart Ports market is segmented in Artificial Intelligence, Blockchain, Internet of Things, and Process Automation.
Based on Throughput Capacity, the global Smart Ports market is segmented in Scarcely Busy, Moderately Busy, and Extensively Busy. The report also bifurcates the global Smart Ports market based on Element in Smart Port Infrastructure, Smart Safety & Security, Traffic Management System, Port Community System, and Terminal Automation & Cargo Handling.
The global Smart Ports market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Ports market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Wipro, Ramboll Group, Ikusi Velatia, Port Solutions, Scientific Enterprises, Port of Rotterdam, Trelleborg, Royal Haskoning, IBM, Accenture, and others are among the major players in the global Smart Ports market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Smart Ports Market has been segmented as below:
Smart Ports Market, By Technology
Smart Ports Market, By Port Type
Smart Ports Market, By Technology
Smart Ports Market, By Throughput Capacity
Smart Ports Market, By Element
Smart Ports Market, By Region
Smart Ports Market, By Company
The report covers:
Report Scope:
The global Smart Ports market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Ports market share. Major industry players with significant revenue share include Wipro, Ramboll Group, Ikusi Velatia, Port Solutions, Scientific Enterprises, Port of Rotterdam, Trelleborg, Royal Haskoning, IBM, Accenture, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Smart Ports Market, By Technology
5.1 Introduction
5.2 Artificial Intelligence
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Blockchain
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Internet of Things
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Process Automation
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Smart Ports Market, By Port Type
6.1 Introduction
6.2 Inland Port
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Seaport
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Smart Ports Market, By Technology
7.1 Introduction
7.2 Artificial Intelligence
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Blockchain
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Internet of Things
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Process Automation
7.5.1 Market Overview
7.5.2 Market Size and Forecast
8. Smart Ports Market, By Throughput Capacity
8.1 Introduction
8.2 Scarcely Busy
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Moderately Busy
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Extensively Busy
8.4.1 Market Overview
8.4.2 Market Size and Forecast
9. Smart Ports Market, By Element
9.1 Introduction
9.2 Smart Port Infrastructure
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Smart Safety & Security
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 Traffic Management System
9.4.1 Market Overview
9.4.2 Market Size and Forecast
9.5 Port Community System
9.5.1 Market Overview
9.5.2 Market Size and Forecast
9.6 Terminal Automation & Cargo Handling
9.6.1 Market Overview
9.6.2 Market Size and Forecast
10. Smart Ports Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 North America Smart Ports, By Technology
10.2.2 North America Smart Ports, By Port Type
10.2.3 North America Smart Ports, By Technology
10.2.4 North America Smart Ports, By Throughput Capacity
10.2.5 North America Smart Ports, By Element
10.3 Europe
10.3.1 Europe Smart Ports, By Technology
10.3.2 Europe Smart Ports, By Port Type
10.3.3 Europe Smart Ports, By Technology
10.3.4 Europe Smart Ports, By Throughput Capacity
10.3.5 Europe Smart Ports, By Element
10.4 Asia-Pacific
10.4.1 Asia-Pacific Smart Ports, By Technology
10.4.2 Asia-Pacific Smart Ports, By Port Type
10.4.3 Asia-Pacific Smart Ports, By Technology
10.4.4 Asia-Pacific Smart Ports, By Throughput Capacity
10.4.5 Asia-Pacific Smart Ports, By Element
10.5 Rest of the World
10.5.1 Rest of the World Smart Ports, By Technology
10.5.2 Rest of the World Smart Ports, By Port Type
10.5.3 Rest of the World Smart Ports, By Technology
10.5.4 Rest of the World Smart Ports, By Throughput Capacity
10.5.5 Rest of the World Smart Ports, By Element
11. Competitive Insights
11.1 Key Insights
11.2 Company Market Share Analysis
11.3 Strategic Outlook
11.3.1 Mergers & Acquisitions
11.3.2 New Product Development
11.3.3 Portfolio/Production Capacity Expansions
11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
11.3.5 Others
12. Company Profiles
12.1 Wipro
12.1.1 Company Overview
12.1.2 Product/Service Landscape
12.1.3 Financial Overview
12.1.4 Recent Developments
12.2 Ramboll Group
12.2.1 Company Overview
12.2.2 Product/Service Landscape
12.2.3 Financial Overview
12.2.4 Recent Developments
12.3 Ikusi Velatia
12.3.1 Company Overview
12.3.2 Product/Service Landscape
12.3.3 Financial Overview
12.3.4 Recent Developments
12.4 Port Solutions
12.4.1 Company Overview
12.4.2 Product/Service Landscape
12.4.3 Financial Overview
12.4.4 Recent Developments
12.5 Scientific Enterprises
12.5.1 Company Overview
12.5.2 Product/Service Landscape
12.5.3 Financial Overview
12.5.4 Recent Developments
12.6 Port of Rotterdam
12.6.1 Company Overview
12.6.2 Product/Service Landscape
12.6.3 Financial Overview
12.6.4 Recent Developments
12.7 Trelleborg
12.7.1 Company Overview
12.7.2 Product/Service Landscape
12.7.3 Financial Overview
12.7.4 Recent Developments
12.8 Royal Haskoning
12.8.1 Company Overview
12.8.2 Product/Service Landscape
12.8.3 Financial Overview
12.8.4 Recent Developments
12.9 IBM
12.9.1 Company Overview
12.9.2 Product/Service Landscape
12.9.3 Financial Overview
12.9.4 Recent Developments
12.10 Accenture
12.10.1 Company Overview
12.10.2 Product/Service Landscape
12.10.3 Financial Overview
12.10.4 Recent Developments
12.11 General Electric
12.11.1 Company Overview
12.11.2 Product/Service Landscape
12.11.3 Financial Overview
12.11.4 Recent Developments
12.12 Abu Dhabi Ports
12.12.1 Company Overview
12.12.2 Product/Service Landscape
12.12.3 Financial Overview
12.12.4 Recent Developments
12.13 ABB
12.13.1 Company Overview
12.13.2 Product/Service Landscape
12.13.3 Financial Overview
12.13.4 Recent Developments
The Smart Ports Market has been segmented as below:
Smart Ports Market, By Technology
Smart Ports Market, By Port Type
Smart Ports Market, By Technology
Smart Ports Market, By Throughput Capacity
Smart Ports Market, By Element
Smart Ports Market, By Region
Smart Ports Market, By Company
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