The global Smart Port Market size was valued at USD 1.69 billion in 2019 and is expected to grow at a CAGR of 32% from 2021 to 2027. Reducing operating costs, collecting real-time information, and making data-driven decisions at port facilities are driving the overall adoption of smart technologies among port authorities. Several technologies are used to transform traditional ports into smart ports, including artificial intelligence (AI), Internet of Things (IoT), blockchain, and process automation. These technologies are deployed separately or in combination to transform your existing infrastructure into a digitized one. Smart ports offer several advantages over traditional ports, including reduced human-related outages, limited operating costs, intelligent decision making, and more predictable performance. All of these benefits offered increase productivity, giving you a vision for Port 4.0.
A full report of Smart Port Market available at: https://www.orionmarketreports.com/smart-port-market/50458/
Smart Port Market- Segmentation
Based on technology
• Internet of things (IoT)
• Blockchain
• Process automation
• Artificial intelligence
Based on the elements
• Terminal automation & cargo handling
• Traffic management system (sea, railway, truck)
• Smart port infrastructure
• Automated mooring systems
• Gate automation
• Shore power
• Smart energy & environment solutions
Based on throughput capacity
• Extensively busy (above 18 million teu)
• Moderately busy (5-18 million teu)
• Scarcely busy (below 5 million teu)
Key Market Players Profiled
• ROYAL HASKONINGDHV
• ABB
• Trelleborg AB
• Accenture
• PORT OF ROTTERDAM
• Ramboll Group A/S
• Abu Dhabi Ports
• IBM
• Navis
• Awake.AI
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
