(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Oct 14, 2021, 06:57 /Comserve / -- The global Smart Ports market is segregated on the basis of Technology as Artificial Intelligence, Blockchain, Internet of Things, and Process Automation.
The Global Smart Ports Market is expected to grow by 2025 at a CAGR of 27.25%.
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.
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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.
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
Internet of Things
Smart Ports Market, By Port Type
Smart Ports Market, By Technology
Internet of Things
Smart Ports Market, By Throughput Capacity
Smart Ports Market, By Element
Smart Port Infrastructure
Smart Safety & Security
Traffic Management System
Port Community System
Terminal Automation & Cargo Handling
Smart Ports Market, By Region
Rest of the World
Smart Ports Market, By Company
Port of Rotterdam
Abu Dhabi Ports
The report covers:
Global Smart Ports market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Smart Ports market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Ports market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
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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Gain detailed insights on the Smart Ports industry trends
Find complete analysis on the market status
Identify the Smart Ports market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making.
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