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Report
Global Smart Ports Market Report and Forecast 2023-2028
Market Report I 2023-10-04 I 178 Pages I EMR Inc.
Global Smart Ports Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global smart ports market reached a value of USD 2.33 billion in 2022. Aided by the increasing adoption of Internet of Things (IoT) technologies and the growing demand for efficient and sustainable port operations, the market is projected to further grow at a CAGR of 27.9% between 2023 and 2028 to reach a value of USD 9.95 billion by 2028.
Smart ports refer to the integration of advanced technologies such as IoT, blockchain, artificial intelligence (AI), and big data analytics in port operations. These technologies enable ports to streamline operations, improve efficiency, enhance security, and reduce environmental impact.
The increasing international trade and the growing necessity for efficient freight transportation are driving the global smart ports market growth. With the rise of globalisation and complex supply chains, ports are increasingly being challenged to enhance their efficiency and effectiveness. In this scenario, smart technologies provide solutions for ports to manage their operations in a more organised, data-driven, and proactive manner.
Among the technologies transforming ports into smart ports, IoT stands prominent. IoT devices, such as sensors and cameras, are being used extensively to monitor various aspects of port operations, from equipment status to environmental conditions. These devices generate real-time data that can be analysed to make quick and informed decisions.
Blockchain is another technology that is accelerating the smart ports market share. It allows for secure and transparent tracking of shipments as they move through the port and beyond, reducing the risk of fraud and errors, and significantly speeding up the handling of cargo.
AI and machine learning, meanwhile, are being used for predictive maintenance of equipment, improving safety and security measures, and optimising the scheduling of ships and cargo handling, all of which are critical for the smooth functioning of port operations.
The growing emphasis on sustainability and environmental responsibility is a key factor accelerating the smart ports market demand. For instance, smart technologies allow ports to monitor and manage their energy use and emissions, thus helping them to meet increasingly strict environmental regulations more effectively.
Additionally, security concerns are a significant driver for the adoption of smart port technologies. Advanced surveillance systems, powered by AI and machine learning, are increasingly being deployed in ports to enhance security measures and protect against potential threats such as smuggling and terrorism.
Market Segmentation
The market can be divided based on technology, element, throughput capacity, ports type, and region.
Market Breakup by Technology
- Process Automation
- Internet of Things
- Artificial Intelligence
- Blockchain
- Others
Market Breakup by Element
- Terminal Automation and Cargo Handling
- Port Community System
- Traffic Management System
- Smart Port Infrastructure
- Smart Safety and Security
Market Breakup by Throughput Capacity
- Extensively Busy
- Moderately Busy
- Scarcely Busy
Market Breakup by Ports Type
- Seaport
- Inland Port
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global smart ports market. Some of the major players explored in the report by Expert Market Research are as follows:
- Wipro Limited
- Accenture
- ABB
- Ramboll Group A/S
- IBM Corporation
- Ikusi Redes de Telecomunicaciones, S.L.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
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 (2018-2022)
8.3 Global Smart Ports Market Forecast (2023-2028)
8.4 Global Smart Ports Market by Technology
8.4.1 Process Automation
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Internet of Things
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Artificial Intelligence
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Blockchain
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Port Community System
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Traffic Management System
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Smart Port Infrastructure
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Smart Safety and Security
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.6 Global Smart Ports Market by Throughput Capacity
8.6.1 Extensively Busy
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Moderately Busy
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Scarcely Busy
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.7 Global Smart Ports Market by Ports Type
8.7.1 Seaport
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Inland Port
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Others
8.8 Global Smart Ports Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Smart Ports Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Smart Ports Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Smart Ports Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Smart Ports Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Smart Ports Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
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 2028
2. Global Smart Ports Historical Market: Breakup by Technology (USD Billion), 2018-2022
3. Global Smart Ports Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4. Global Smart Ports Historical Market: Breakup by Element (USD Billion), 2018-2022
5. Global Smart Ports Market Forecast: Breakup by Element (USD Billion), 2023-2028
6. Global Smart Ports Historical Market: Breakup by Throughput Capacity (USD Billion), 2018-2022
7. Global Smart Ports Market Forecast: Breakup by Throughput Capacity (USD Billion), 2023-2028
8. Global Smart Ports Historical Market: Breakup by Ports Type (USD Billion), 2018-2022
9. Global Smart Ports Market Forecast: Breakup by Ports Type (USD Billion), 2023-2028
10. Global Smart Ports Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Smart Ports Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Smart Ports Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Smart Ports Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Smart Ports Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Smart Ports Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Smart Ports Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Smart Ports Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Smart Ports Market Structure
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