The global smart port market size is expected to exhibit a growth rate (CAGR) of 20.97% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 20.97% |
A smart port is an automated maritime facility that uses big data, blockchain, the internet of things (IoT), and other smart technology-based methods to improve performance and economic competitiveness. It consists of digitized infrastructure that offers a wide range of benefits, such as low human-related disruptions, superior decision making, predictable performance, and lower operational expenses. Smart ports function more smoothly than their traditional counterparts due to the flow created by the automation process.
The global smart port market is primarily driven by the increasing trade activities and the emerging trend of automation across industries. Various harbor authorities across the globe are increasingly adopting smart technologies due to the rising national and international trade through maritime transport. As these technologies help increase the overall efficiency of the port, their growing adoption is providing a positive impact on the market growth. Besides this, several shipping companies have partnered with tech companies to create blockchain shipping systems for improving maritime logistics. In addition, governments of various nations are also implementing policies and mandates against the illegal discharge of waste around ports. They are also necessitating a more effective data-driven decision-making mechanism for enhancing the overall efficiency at harbors. Furthermore, the utilization of smart port technologies is also rising as they help provide optimized parking spaces, streamline traffic systems, and utilize cameras, drones, and sensors to collect and collate information on the weather, pollution, port authority, owner, and customer.
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart port market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on technology, throughput capacity, and port type.
Breakup by Technology:
Breakup by Throughput Capacity:
Breakup by Port Type:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, Abu Dhabi Ports, Accenture plc, Awake.AI, Ikusi Velatia (Velatia S.L.), International Business Machines Corporation, Navis LLC, Ramboll Group A/S, Royal HaskoningDHV, The Port of Rotterdam, Trelleborg AB and Wipro Limited.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Technology, Throughput Capacity, Port Type, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | ABB Ltd, Abu Dhabi Ports, Accenture plc, Awake.AI, Ikusi Velatia (Velatia S.L.), International Business Machines Corporation, Navis LLC, Ramboll Group A/S, Royal HaskoningDHV, The Port of Rotterdam, Trelleborg AB and Wipro Limited |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |