According to IMARC Group’s latest report, titled “Smart Port Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market exhibited strong growth during 2015-2020. Smart port refers to an automated maritime facility, which is operated using the Internet of Things (IoT), blockchain, big data, and other smart technology-based methods for enhancing economic competitiveness and performance. It is further utilized for performing data analytics to make the right business decisions. At present, smart ports are commercially available in varying types, such as inland ports and seaports.
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The increasing utilization of smart port technologies for optimizing parking spaces, streamlining traffic systems, and utilizing drones, cameras, sensors is one of the factors primarily driving the market growth. In addition to this, the widespread adoption of these technologies for increasing the overall efficiency is propelling market growth. Apart from this, technological advancements and numerous initiatives undertaken by the governments of the various nations for inhibiting the illegal discharge of waste around the port are creating a positive outlook for the market across the globe. Looking forward, IMARC Group expects the smart port market to grow at a CAGR of around 28% during 2021-2026.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- ABB Ltd
- Abu Dhabi Ports
- Accenture plc
- AI
- Ikusi Velatia (Velatia S.L.)
- International Business Machines Corporation
- Navis LLC
- Ramboll Group A/S
- Royal HaskoningDHV
- The Port of Rotterdam
- Trelleborg AB
- Wipro Limited.
Market Segmentation:
Breakup by Technology:
- Process Automation
- Blockchain
- Internet of Things
- Artificial Intelligence
Breakup by Throughput Capacity:
- Extensively Busy
- Moderately Busy
- Scarcely Busy
Breakup by Port Type:
- Seaport
- Inland Port
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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