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Smart Port Market - Global Forecast to 2027

[289 Pages Report] The global smart port market is projected to reach USD 5.7 billion by 2027 from an estimated USD 1.9 billion in 2022, at a CAGR of 24.3% during the forecast period. The growth of the smart port market can be attributed to the growing need to enhance the efficiency of port operations and reducing carbon footprint.

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Smart Port Market - Global Forecast to 2027

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  1. Smart Port Market by Technology (IoT, Blockchain, Process Automation, Artificial Intelligence), Elements (Terminal Automation, PCS, Smart Port Infrastructure), Throughput Capacity, Port Type - and Region - Global Forecast to 2027 www.MarketsandMarkets.com

  2. The global smart port market size will grow to USD 5.7 billion by 2027 from USD 1.9 billion in 2022, at a CAGR of 24.3% during the forecast period. Growing maritime trade activities internationally across industries, Growing decarbonization of the maritime industry which increases the health benefit and reduce carbon emission globally, hence these are driving the demand for smart ports globally. View detailed Table of Content here –https://www.marketsandmarkets.com/Market-Reports/smart-ports-market-165784113.html

  3. The port type segment is expected to dominate the smart port market, by seaport, during the forecast period. There are two types of port types such as seaport and inland port. A seaport is a protected area on a sea location where ships stop to load and unload cargo. As the increasing seaborne trade activities help the growth of the smart port industry. According to UNCTADs Global Commerce Update, which was published in July 2022, the value of global trade grew to a record USD 7.7 trillion in Q1 2022, a rise of approximately USD 1 trillion from Q1 2021. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=165784113

  4. The throughput capacity segment is expected to be the largest and fastest growing market, of extensively busy ports, during the forecast period. There are three types of throughput capacity segments such as extensively busy ports, moderately busy ports, and scarcely busy ports. As the extensively busy ports handle a capacity of more than 19 million TEU per year. There is some region in which there are some ports globally that come under extensively busy ports such are the region China, Singapore, & South Korea which are the major corridor for trade activities. These ports have the smart infrastructure and have made significant investments in port features such as terminal automation, cargo handling, port community systems, smart infrastructure, and safety and security.

  5. Browse >> 265market data tables 56 figures 289 pagesand in-depth TOC on “Smart Port Market - Global Forecast to 2027” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4950 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  6. The Asia Pacific likely to emerge as the largest smart port market The Asia Pacific region accounted for the largest share of the smart port market in 2021. The region is experiencing rapid development fueled by the growth of major economies, such as China, Singapore, India, South Korea, Japan, Hong Kong, Indonesia, and Australia. It is a dominant region in the smart port industry. It is also considered a lucrative region for maritime trade. As the increase in seaborne trade has subsequently led to an increase in demand for ships that are used to transport manufactured goods to various regions globally. The growth of the smart port industry decreased as a result of the Covid-19 pandemic in 2020 which directly impacted this region, which declined by around 1.5% in 2020. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=165784113

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Smart Port Market. These include • IBM (US), • ABB (Switzerland), • General Electric (US), • Accenture (Ireland), • Siemens (Germany), • Trelleborg (Sweden), • Wipro (India), • Port of Rotterdam (Netherlands), • Royal HaskoningDHV (Netherlands) among others... • Buy Now : - https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=165784113

  8. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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