Growing real-time information needs and growing environmental concerns are the main key factors that influence market growth. In addition, growing government initiatives to support infrastructure / smart port will provide ample opportunities for market growth. However, privacy and security issues are hampering market growth.

The Global Smart Ports market accounted for $1.53 billion in 2018 and is expected to reach $9.86 billion by 2025 growing at a CAGR of 23.1% during the forecast period.

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In the shipping industry, ports provide ground and related services for port terminal operators. Some of the main ports for cargo exchange are the port of Shanghai, the port of Singapore, the port of Suzhou, the port of Guangzhou, the port of Tangshan, the port of Rotterdam and the port of Busan. The main objective of the port terminal operator is to help cargo ships minimize their time at the ports by optimizing the flow of goods and obtaining a faster customs clearance. Some of the main port terminal operators are Cosco Group, Hutchison Port, DP World, PSA International, China Merchant Port Holdings, APM Terminals and Terminal Investment. The smart port, especially with the implementation of IoT, influences work hours and operations at the port terminal operator level, as well as at the port level. For port authorities, IoT helps provide greater efficiency, reliability and lower costs that can help attract more customers, including port terminal operators. IoT helps port terminal operators by providing better traceability and time savings. With smart ports, obtaining wide adoption in the future will focus more on the level of intelligence of the port rather than the size of the port, since smart ports will be the most preferred option for many cargo ships due to their intelligence, savings of time and efficient operations

Some of the key players in Smart Ports Market include ABB, Abu Dhabi Ports, Accenture, General Electric, IBM, Ikusi Velatia, Port of Rotterdam, Port Solutions, Ramboll Group, Royal Haskoning, Scientific Enterprises, Trelleborg and Wipro.

Based on technology, the smart ports market has been segmented as follows:

Internet of things (IoT)

Blockchain

Process automation

Artificial intelligence

Based on throughput capacity, the smart ports market has been segmented as follows:

Extensively busy (above 18 million teu)

Moderately busy (5-18 million teu)

Scarcely busy (below 5 million teu)

Global Smart Ports Market: Regional Segment Analysis

North America

Europe

China

Japan

Southeast Asia

India

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Table of content

Chapter 1 Global Smart Ports Market Overview

Chapter 2 Global Economic Impact on Smart Ports Industry

Chapter 3 Global Smart Ports Market Competition by Manufacturers

Chapter 4 Global Smart Ports Production, Revenue (Value) by Region (2012-2018)

Chapter 5 Global Smart Ports Supply (Production), Consumption, Export, Import by Regions (2012-2018)

Chapter 6 Global Smart Ports Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Smart Ports Market Analysis by Application

Chapter 8 Smart Ports Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

And more…..

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