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Smart Ports Market

Global Smart Ports Market Size, Share, Growth, Forecast: By Technology: Process Automation, Internet of Things, Artificial Intelligence, Blockchain, Others; By Element; By Throughput Capacity; By Ports Type; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Smart Ports Market Outlook

The global smart ports market attained a value of around USD 2.98 billion in 2023. The smart ports market is further expected to grow in the forecast period of 2024-2032 at a CAGR of almost 27.9% to reach USD 27.29 billion by 2032.

 

Global Smart Ports Market

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The primary factors driving the growth of the smart ports industry are the government regulations and legislative requirements against illegal discharging and handling of waste in neighbouring port lands and the growing demand for effective data-driven decision-making technology that can affect the ports’ overall efficiency and contribute to the reduction of unnecessary costs.

 

Properties and Applications

A smart port is an automated port that uses innovative technologies like artificial intelligence (AI), big data, internet of things (IoT), and blockchain to enhance its performance.

 

Global Smart Ports Market

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The global smart ports market can be divided based on segments like technology, elements, throughput capacity, port types, and regions.

  • Technology:
    • Process Automation
    • Internet of Things
    • Artificial Intelligence
    • Blockchain
    • Others
  • Element:
    • Terminal Automation and Cargo Handling
    • Port Community System
    • Traffic Management System
    • Smart Port Infrastructure
    • Smart Safety and Security
  • Throughput Capacity:
    • Extensively Busy
    • Moderately Busy
    • Scarcely Busy
  • Port Type:
    • Seaport
    • Inland Port
    • Others

The EMR report looks into the regional smart ports markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

The rapid growth of trade, especially in the emerging economies, has led to an increased adoption of smart ports to increase efficiency and productivity, which is driving the growth of the global smart ports market. The factors like increased government initiatives, deployment of cloud-based software, and advancement in technology are assisting the industry growth. Further, the increase in the number of mega-ports is expected to aid the industry over the forecast period.

 

Global Smart Ports Market

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The process automation segment, among other technologies, is anticipated to lead the global smart ports industry, accounting for the largest share in the market. Further, the Asia Pacific region is expected to witness the fastest growth rate over the forecast period owing to the growing industrialisation, rapidly developing emerging economies within the region, and the healthy growth in trade business in countries like Singapore and Hong Kong in the past few years.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global smart ports market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Wipro Limited 
  • Accenture 
  • ABB 
  • Ramboll Group A/S
  • IBM Corporation
  • Ikusi Redes de Telecomunicaciones, S.L.
  • Others

The EMR report gives an in-depth insight into the smart ports market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technology
  • Element
  • Throughput Capacity
  • Ports Type
  • Region
Breakup by Technology
  • Process Automation
  • Internet of Things
  • Artificial Intelligence
  • Blockchain
  • Others
Breakup by Element
  • Terminal Automation and Cargo Handling
  • Port Community System
  • Traffic Management System
  • Smart Port Infrastructure
  • Smart Safety and Security
Breakup by Throughput Capacity
  • Extensively Busy
  • Moderately Busy
  • Scarcely Busy
Breakup by Ports Type
  • Seaport
  • Inland Port
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Wipro Limited 
  • Accenture 
  • ABB 
  • Ramboll Group A/S
  • IBM Corporation
  • Ikusi Redes de Telecomunicaciones, S.L.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Smart Ports Market Report Snapshots

Smart Ports Market Size

Smart Ports Market Analysis

Smart Ports Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Smart Ports Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Smart Ports Historical Market (2018-2023) 
    8.3    Global Smart Ports Market Forecast (2024-2032)
    8.4    Global Smart Ports Market by Technology
        8.4.1    Process Automation
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Internet of Things
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Artificial Intelligence
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Blockchain
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Smart Ports Market by Element
        8.5.1    Terminal Automation and Cargo Handling
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Port Community System
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Traffic Management System
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Smart Port Infrastructure
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Smart Safety and Security
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
    8.6    Global Smart Ports Market by Throughput Capacity
        8.6.1    Extensively Busy
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Moderately Busy
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Scarcely Busy
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
    8.7    Global Smart Ports Market by Ports Type
        8.7.1    Seaport
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Inland Port
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Others
    8.8    Global Smart Ports Market by Region       
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032) 
9    North America Smart Ports Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Smart Ports Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Smart Ports Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Smart Ports Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Smart Ports Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Wipro Limited 
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Accenture 
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    ABB  
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Ramboll Group A/S
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    IBM Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Ikusi Redes de Telecomunicaciones, S.L.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Smart Ports Market: Key Industry Highlights, 2018 and 2032
2.    Global Smart Ports Historical Market: Breakup by Technology (USD Billion), 2018-2023
3.    Global Smart Ports Market Forecast: Breakup by Technology (USD Billion), 2024-2032
4.    Global Smart Ports Historical Market: Breakup by Element (USD Billion), 2018-2023
5.    Global Smart Ports Market Forecast: Breakup by Element (USD Billion), 2024-2032
6.    Global Smart Ports Historical Market: Breakup by Throughput Capacity (USD Billion), 2018-2023
7.    Global Smart Ports Market Forecast: Breakup by Throughput Capacity (USD Billion), 2024-2032
8.    Global Smart Ports Historical Market: Breakup by Ports Type (USD Billion), 2018-2023
9.    Global Smart Ports Market Forecast: Breakup by Ports Type (USD Billion), 2024-2032
10.    Global Smart Ports Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Smart Ports Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Smart Ports Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Smart Ports Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Smart Ports Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America Smart Ports Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Smart Ports Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global Smart Ports Market Structure

Key Questions Answered in the Report

In 2023, the global smart ports market attained a value of nearly USD 2.98 billion.

The market is projected to grow at a CAGR of 27.9% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 27.29 billion by 2032.

The major market drivers include the government regulations and legislative requirements against illegal discharging and handling of waste in neighbouring port lands, growth in trade, increasing deployment if cloud-based software, and technological advancements and innovations.

The key trends guiding the market include the growing demand for efficient data-driven decision making technologies, rapid industrialisation, and the increasing number of mega ports.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading technologies of smart ports in the market include process automation, internet of things, artificial intelligence, and blockchain, among others.

The significant element segments in the market are terminal automation and cargo handling, port community system, traffic management system, smart port infrastructure, and smart safety and security.

The major throughput capacity segments in the market are extensively busy, moderately busy, and scarcely busy.

Seaport and inland port, among others, are the various port types considered in the market report.

The major players in the market are Wipro Limited, Accenture, ABB, Ramboll Group A/S, IBM Corporation, and Ikusi Redes de Telecomunicaciones, S.L., among others.

 

Analyst Review

The global smart ports market attained a value of USD 2.98 billion in 2023, driven by the implementation of favourable government regulations. Aided by the growing demand for effective data-driven decision-making technology, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 27.9%. The market is projected to reach USD 27.29 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on technology, the industry can be divided into process automation, internet of things, artificial intelligence, blockchain, and others. By element, the market is segmented into terminal automation and cargo handling, port community system, traffic management system, smart port infrastructure, and smart safety and security. On the basis of throughput capacity, the industry can be classified into extensively busy, moderately busy, and scarcely busy. The market is segregated based on port type into seaport, inland port, and others. The major regional markets for smart ports are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Wipro Limited, Accenture, ABB, Ramboll Group A/S, IBM Corporation, and Ikusi Redes de Telecomunicaciones, S.L., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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