The new report by Expert Market Research titled, ‘Global Smart Ports Market Share, Size, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2023-2028’, gives an in-depth analysis of the global small ports market, assessing the market based on its segments like technology, element, throughput capacity, port type and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/smart-ports-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 1.5 Billion
- Forecast CAGR (2023-2028): 24.7%
- Forecast Market Size (2028): USD 6.4 Billion
The fast rise of commerce, particularly in emerging nations, has resulted in greater use of smart ports to improve efficiency and productivity, which is propelling the worldwide smart ports market forward. Factors such as increased government initiatives, cloud-based software deployment, and technological advancements support the industry’s growth. Furthermore, the industry is likely to benefit from a rise in mega-ports over the projection period.
Industry Definition and Major Segments
The global smart ports market can be divided based on segments like technology, elements, throughput capacity, port types, and regions.
Based on technology, the market is divided into:
- Process Automation
- Internet of Things
- Artificial Intelligence
Based on element, the market is bifurcated into:
- Terminal Automation and Cargo Handling
- Port Community System
- Traffic Management System
- Smart Port Infrastructure
- Smart Safety and Security
Based on throughput capacity the market is divided into:
- Extensively Busy
- Moderately Busy
- Scarcely Busy
Based on port type, the market is segmented into:
- Inland Port
Based on major regions, the market is divided into:
- North America
- Latin America
- The Middle East and Africa
- The Asia Pacific
The process automation category, among other technologies, is expected to dominate the worldwide smart ports market, accounting for the highest proportion. Furthermore, due to expanding industrialisation, rapidly developing emerging economies within the region, and strong development in trade activity in countries like Singapore and Hong Kong in recent years, the Asia Pacific area is predicted to grow faster over the projected period.
Key Market Players
The major players in the market are Wipro Limited, IBM, Accenture, ABB, Ramboll Group A/S, Ikusi Velatia and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
LiDAR Drone Market- https://www.expertmarketresearch.com/reports/lidar-drone-market
Foliar Spray Market- https://www.expertmarketresearch.com/reports/foliar-spray-market
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA