Smart ports market is estimated to grow at a CAGR of nearly 26.0% during the forecast period. The major factors contributing to the growth of the market include a significant rise in the logistics sector and rising demand for automation in ports. A significant rise in the logistics sector has been witnessed in developed and developing countries owing to the rising international trade operations and increasing e-commerce industry. Due to the increase in cross-border e-commerce sales, the demand for maritime transportation has significantly increased over the years. The cross-border business-to-consumer (B2C) sales reached an estimated $412 billion in 2017, which is accounted for nearly 11% of total B2C e-commerce, a 4% hike as compared to 2016.
Industry forecasting is performed to present in-depth understanding of industry tactics. A clear picture on current and upcoming market happenings are provided in this report. Critical factors are highlighted in this Smart Ports Market study report for enabling business owners take important decision making in terms of decide on the right business doing ideas. Moreover, it aims at offering forthcoming improvements, market restraints and market drivers for the forecast period 2022-2028. It assists novel firms to retain their place in the market. Prioritized market info is discussed through this detailed Smart Ports Market
This Market report predicts novel product introduction will bring drop in sales or growth in sales. Such an illustrative Smart Ports Market report enables major firm to stay reorganized on the most current trends and offers best idea about overall demand for particular product offering. Through this global report, it is also possible to acquire a competitive edge. All the COVID-19 related information is covered in this Smart Ports Market study report along with its major impact of globe’s major firms. It makes easy the work of key players and enables to take data-driven and beneficial decision in terms of making best investments, which techniques to apply and marketing budget of different products. It has many advantages to provide for available or novel services, product and brands. Methodologies captured in this market study report enable central participants to attain the best results to the specific business aims as well as challenges. Getting fast customer feedback is easy with this market study report.
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Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Smart Ports Market- Segmentation
By Port Type
- Cargo Ports
- Sea Ports
By Throughput Capacity
- Extensively busy (above 18 million Teu)
- Moderately busy (5-18 million Teu)
- Scarcely busy (below 5 million Teu)
By Technology
- Internet of Things (IoT)
- Blockchain
- Artificial Intelligence (AI)
- Process Automation
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Smart Ports Market– Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
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