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
[298 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. Also, governments initiatives in development of smart port infrastructure and upgrade of existing ports and development of new ports to drive the demand for smart ports in the near future.
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COVID-19 Impact
The outbreak of the COVID-19 pandemic has had an adverse effect on the global economy as the governments were forced to implement lockdown measures to prevent the spread of the virus. The effects of the COVID-19 pandemic, including actions taken by businesses and governments to contain the spread of the virus, resulted in a significant delay in supply chain activity, impacting the smart port market directly.
The pandemic was a big disruptor that has created challenges but also opportunities for the sector. The impact of COVID-19 has also highlighted the need for better risk management and greater preparedness, and resilience. Technology solution provider such as Siemens had and continue to face number of supply chain constraints, especially in the areas of base metals (copper, aluminum, steel), plastics, semiconductors, and transportation services. Similarly, for ABB, the pandemic impacted workforce and operations because of quarantines, government orders and guidance, facility closures, illness, travel restrictions, implementation of precautionary measures and other restrictions. For the entire year 2020, ABB’s orders declined by 7 % to USD 26.5 billion, and revenues were down by 7%. The resurgence of new variants of COVID-19 and the uncertainties associated with it may lead to suppliers failing to meet their manufacturing needs in the future and may delay the companies’ production and product shipments, negatively affecting overall operations. Progress in the COVID-19 vaccination programs and the lifting of travel restrictions, however, have resulted in the gradual recovery of the global supply chain and logistic industry and accelerated the demand for smart ports.
Smart Port Market Dynamics
Driver: Increasing international maritime trade activities
Maritime transport is crucial for international trade. The main transport mode for global trade is ocean shipping, and as per UNCTAD, around 80% of the volume of international trade in goods is carried by sea, and the percentage is even higher for most developing countries. This channel of transport is cheaper and more feasible for international trade than the road, rail, and air transport. According to UNCTAD, global maritime trade grew by 4.1% in the fiscal year 2021 and is expected to further swell at a moderate annual rate of more than 2.4% from 2022 to 2026. The growth of the global shipping fleet showed similar trends, and it grew by 3.0% in 2021. Maritime trade bounced back in 2021 owing to the unlocking of pent-up demand, as well as restocking and building inventory. There was also a shift in consumption patterns away from services toward goods, typically health products and pharmaceuticals, as well as home office equipment, along with changes in shopping patterns and the expansion of the e-commerce sector. The sudden boost in demand in 2021 after the grim situation in 2020 due to the pandemic resulted in shortages of shipping capacity and containers and equipment. Several shipowners are resorting to procuring newbuild or using retrofitted vessels to bridge this demand-supply gap. Asia Pacific has emerged as a global manufacturing hub in recent times, owing to its wealth of raw materials and manpower. Thus, the demand for container ships is significantly high in this region, owing to an increase in the export of manufactured and raw goods. Also, according to the UNCTAD Review of Maritime Transport 2021, Asia accounted for a staggering 54% share of the global maritime trade, which is expected to increase, driving the demand for port activities. Therefore, increasing maritime trade activities to drive demand for smart port market.
Restraints: Risks associated with data breach and data protection of seaport clients
It is quite challenging to prevent data from being misaligned or even missing in ports because of the constantly shifting environment. Any potential dead zones will make it difficult for ports to efficiently gather and exchange data. This is a challenge for automated ports because, unlike conventional ones, they are unable to contain issues at specific tasks or steps in the process, necessitating constant close coordination across operations. The network will also need to be extremely secure and highly mobile due to the extraordinarily complex nature of ports, including the essential operational and security functions required in the successful transportation of cargo.
Millions of cyber-attacks and data breaches are taking place every year, which is an alarm for digital security. For instance in May 2020, the port of Shahid Rajaee, Iran, saw all of its operational processes almost completely interrupted. Massive backlog were caused on the canals and highways leading to the plant when all of the computers controlling the movement of ships, vehicles, and products crashed at once. In March 2020, the port of Marseilles was attacked with ransomware: Mespinoza/Pysa. Although marine infrastructures were not the major target of the attack in this instance, they were nonetheless adversely impacted by their interface with Aix-Marseille-computer Provence's systems. The Chief Information Security Officers (CISOs) of the different affected organizations apparently worked together to drastically mitigate the effects. In August 2021, the port of Houston resisted an attack exploiting a critical flaw in a password management solution. With a CVSS score of 9.8 out of 10, the CVE-2021-40539 software weakness makes it simple for hackers to insert web shells into an organization's information system to assist a variety of tasks, from extracting crucial data to installing malware. Therefore, these are few list of cyberacttack caused to ports in the last couple of years.
Opportunities: Governments initiatives in development of smart port infrastructure
Seaports play a significant and essential part in global supply chains and logistics. Ports must undergo a digital transformation when all the other participants in the market are already well on their way to utilizing the most recent digital technology. The ports nowadays are under constant pressure to improve their efficiencies while lowering their expenses. The government is putting pressure on the ports to boost throughput capacity with the same infrastructure and more control as ship sizes have grown, competition has risen, shipping lines have gone digital, and there is more competition among shipping lines. These are the reasons behind a port's decision to become digital with its operations. There are various infrastructural developments across the world for efficient operations. For instance, the Maritime Administration of the US Department of Transportation has issued a Notice of Funding Opportunity (NOFO) in March 2021, encouraging states and port authorities to apply for USD 230 million in federal grant funding through the Port Infrastructure Development Program for port and intermodal infrastructure-related projects (PIDP). In 2020, the UK government pledged USD 257 million to construct new port facilities to speed up plans for the country’s exit from the European Union’s customs union. Thus, such initiatives from the governments helped by various stakeholders will ensure that the future of ports is smart and efficient.
Likewise, India has 205 notified minor and intermediate ports, along with 12 major ports. The National Perspective Plan for Sagarmala calls for the construction of six additional mega ports across the nation. India's ports and shipping sector are essential to maintaining the expansion of trade and commerce in the nation. With a coastline that measures roughly 7,517 kilometers, India is the sixteenth-largest marine nation in the world. According to India Brand Equity Foundation (IBEF) has plans to invest USD 82 billion in port projects by 2035. In February 2021, the Major Port Authorities Bill, 2020 was passed by the Parliament of India. Indian ports received cumulative Foreign Direct Investment (FDI) inflow worth USD 1.63 billion between April 2000 and June 2021. The bill aims to decentralize decision-making and reinforce excellence in major port governance. Therefore, governments’ initiative in developments of smart port infrastructure across various region to boost demand for smart port market.
Challenges: Requirement for high initial investment for development of ports
The estimated investments in ports are expected to be substantial in the coming years. The challenge port authorities face is to implement projects that are often financially unattractive to the port authority and even less attractive to external investors but which are essential for wider societal and economic reasons. Several ports are financially strong and can fund their expansion or upgrades, while many ports must be supported by external agencies, such as governments, private funding, or partnerships, to invest in their infrastructure.
There are various challenges that ports are facing, and they have a major impact on the requirements of infrastructure investments. For instance, the new trends in the maritime industry (such as increasing vessel sizes and rising market power through alliances); decarbonization agenda; building resilience to climate change; overall greening of vessels; digitalization and automation; growing urbanization; and increasing pressure from expanding cities are expected to bring about a digital revolution within the industry. Many more requirements are increasing the necessity of developing new ports and upgrading infrastructure at the existing ports than simply increasing the capacity. In addition, there needs to be a major investment in smart technologies by the port authority. This is over and above the basic investment, and port authorities fail to cope with the additional investments needed. To a large extent, these investment needs are triggered by external drivers, which in the case of smart ports, are necessary for digitalization.
Market Map
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By Element, rise in global trade activities and need to increase port efficiency to fuel demand for smart port infrastructure in smart port market.
Smart port infrastructure accounts highest share in element segment. Smart port infrastructure includes automated mooring systems, shore power, gate automation, and smart energy & environment solutions. The smart energy & environment solution subsegment includes smart lighting, smart meters, professional services, managed services, and waste treatment & disposal units. Maritime transport is crucial for international trade. The main transport mode for global trade is ocean shipping and as per UNCTAD, around 80.0% of the volume of international trade in goods is carried by sea, and the percentage is even higher for most developing countries. Therefore, to increase port efficiency and reduce cost of operation smart port infrastructure needs to developed for smooth application of port.
By Technology, surging adoption of industry 4.0 to improve port efficiency to drive demand for process automation in smart port market.
Process automation includes the use of robotics & computers for automating port operations. It also includes the integration of sensors, networks, standards, augmented intelligence, and augmented behavior into the process. If an automated system is installed within a terminal that causes it to run more smoothly and rarely experiences delays, less fuel will also be consumed. Port operators can expect the level of carbon emissions their facilities produce to dramatically decrease. Another environmental advantage is the longer life cycle of container-handling equipment under automated conditions; if it must be replaced less frequently, the manufacturing and transportation costs for new solutions can be reduced.
By Throughput Capacity, extensively busy ports segment is expected to be the fastest growing segment during 2022-2027.
Extensively busy ports handle a capacity of more than 18 million TEU per year. A few of the extensively busy ports are in China, Singapore, and South Korea, as they act as a major corridor for trade activities. These ports comprise smart infrastructure, with high investments in port elements such as terminal automation, cargo handling, port community systems, smart infrastructure, and safety & security.
Asia Pacific is expected to lead the smart port market globally, during the forecast period.
Asia Pacific is a dominant region in the global maritime trade. According to the UNCTAD Review of Maritime Transport, in 2021, the region held a share of 54.0% in maritime trade. It is also considered a lucrative region for maritime trade. From past few year, Asia Pacific has overseen rapid economic development in manufacturing and energy sectors, leading to increasing maritime trade activities. According to the Organization for Economic Cooperation and Development (OECD), maritime trade volumes are set to triple by 2050, thereby increasing the demand for global freight. The rise in seaborne trade has subsequently led to an increase in demand for ships that are used to transport manufactured goods to various regions worldwide.
According to UNCTAD Maritime Transport 2021 report, in 2020, emerging nations, particularly the Asia-Pacific region's transitioning economies, accounted for 60% of globalv exports of items exported, and 70% of goods imports. Many of these East Asia, and particularly China, has experienced expansion additionally, there has been an increase in quantities for containerized traffic on the Transpacific route connecting North America with East Asia. A smaller a percentage of trade was with developed nations, which produced 40% of the world's marine exports and 31% of imports . Asia Pacific is one of the fastest-growing regions in the world due to numerous factors such as international manufacturing hub, global supply chains, low production costs, and each country’s export-led development policies. This has translated into the increasing volume of cargo moving from this region. Major cargo transportation happens through sea routes, owing to which the number of ports in Asia Pacific is increasing every year, and the existing ports are witnessing expansion. Automation, streamlined work processes, implementation of new equipment, and staff training are all a part of the plan to increase the efficiency of existing port facilities in the region.
Key Market Players
The major players in the global smart port market are ABB (Switzerland), IBM (US), General Electric (US), Accenture (Ireland), Siemens (France), Kalmar (Finland), Microsoft (US), Port of Rotterdam (Netherlands), TCS (India) and others.
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Scope of the Report
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Report Metric |
Details |
|
Market Size available for years |
2020–2027 |
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Base year considered |
2021 |
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Forecast period |
2022–2027 |
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Forecast units |
Value (USD) |
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Segments covered |
Element, Technology, Throughput Capacity, and Port Type |
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Geographies covered |
Asia Pacific, North America, Europe, Middle East & Africa, and South America |
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Companies covered |
ABB (Switzerland), Siemens (Germany), Accenture (Ireland), General Electric (US), Microsoft (US), IBM (US), Port of Rotterdam (Netherlands), Royal Haskoning (Netherlands), Trelleborg (Sweden), TCS (India), Kalmar (Finland), Ramboll Group (Denmark), Navis (US) Wipro (India), and others |
This research report categorizes the smart port market based on element, technology, throughput capacity, port type and region.
Based on Element, the Smart Port Market has been segmented as follows:
- Terminal Automation & Cargo Handling
- Port Community Systems (PCS)
- Smart Safety & Security
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Traffic Management Systems (TMS)
- Automated Information System (AIS)
- Real-Time Location System (RTLS)
- Others
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Smart Port Infrastructure
- Automated Mooring System
- Gate Automation
- Shore Power
- Smart Energy & Environment Solution
Based on Technology, the smart port market has been segmented as follows:
- Internet of Things (IoT)
- Blockchain
- Process Automation
- Artificial Intelligence (AI)
Based on Throughput Capacity, the smart port market has been segmented as follows:
- Extensively Busy Ports (Above 18 million TEU)
- Moderately Busy Ports (5–18 million TEU)
- Scarcely Busy Ports (Below 5 million TEU)
Based on Port Type, the smart port market has been segmented as follows:
- Seaport
- Inland Port
Based on Region, the smart port market has been segmented as follows:
- North America
- Asia Pacific
- South America
- Europe
- Middle East & Africa
Recent Developments
- In June 2022, ABB and Port of Toulon, France secured a contract to connect the largest shore-to-ship project in France. At a crucial juncture in its sustainability effort, the Port of Toulon, which annually serves over 1.6 million ferry and cruise passengers, is committed to ABB shore connection technology. The ABB solution was able to supply three ferries making simultaneous port calls, or one cruise liner, with all their energy requirements. The potential of 50 or 60 Hz power hookups will be available for vessels.
- In April 2022, Accenture acquired the Argentina-based integrated data and AI consulting service Ergo. It helped the development of a culture of data-driven decision-making with analytics, artificial intelligence (AI), and big data. In the Hispanic South American market, which includes Argentina, Chile, and Colombia, the acquisition broadens Accenture's Cloud First capabilities to enable data-led transformations for clients.
- In March 2021, Siemens has been awarded a contract from the Port of Kiel to implement a cloud-based power monitoring solution for its shore power system. The shore power system will cover the electricity demand of all the ships with green power while they are berthed at the Port of Kiel.
- In January 2019, IBM was awarded a contract by the Spanish Port Authority to use a blockchain-based shipping platform (Tradelens) to improve operational efficiency. IBM’s Tradelens generates incremental value for freight forwarders, shipping firms, shippers, and logistics service providers.
Frequently Asked Questions (FAQ):
What is the current size of the global smart port market?
The current market size of global smart port market is USD 1.9 billion in 2022.
What are the major drivers for smart port market?
The growth of the smart port market can be attributed to the growing need for enhancing the efficiency of port operations, reducing carbon footprint and surging adoption of Industry 4.0 technologies.
Which is the fastest-growing region during the forecasted period in the smart port market?
Asia Pacific is the fastest-growing region. According to the UNCTAD Review of Maritime Transport, in 2021, the region held a share of 54.0% in maritime trade. It is also considered a lucrative region for maritime trade. Over the past few years, this region has witnessed rapid economic development as well as the growth of the manufacturing and energy sectors, thereby increasing maritime trade. The rise in seaborne trade has subsequently led to an increase in demand for ships that are used to transport manufactured goods to various regions worldwide.
Which is the largest segment, by element, during the forecasted period in smart port market?
The smart port infrastructure segment of the smart ports market, by element, accounts for the highest market share among all the other segments because it is the most intensive aspect of developing any port into a smart port. With increasing international trade activities, it has been observed that the size of vessel and cargo volumes have increased, which has impacted the seaports in terms of managing the operations. Ports are therefore increasing the adoption of smart solutions that will help optimize operations, promote efficiency, and reduce logistics costs without requiring major investment in new infrastructure and equipment. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 37)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
1.3.1 SMART PORT MARKET, BY ELEMENT
1.3.2 MARKET, BY TECHNOLOGY
1.3.3 MARKET, BY THROUGHPUT CAPACITY
1.3.4 MARKET, BY PORT TYPE
1.3.5 MARKET, BY REGION
1.4 MARKET SCOPE
1.4.1 SMART PORT MARKET SEGMENTATION
1.4.2 REGIONAL SCOPE
1.4.3 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 43)
2.1 RESEARCH DATA
FIGURE 1 SMART PORT MARKET: RESEARCH DESIGN
2.2 DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION METHODOLOGY
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Breakdown of primaries
2.2.2.2 Key data from primary sources
2.2.2.3 Breakdown of primary interviews
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
FIGURE 4 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR SMART PORTS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3.3 DEMAND-SIDE ANALYSIS
2.3.4 REGIONAL ANALYSIS
2.3.5 COUNTRY-WISE ANALYSIS
2.3.5.1 Demand-side assumptions
2.3.5.2 Demand-side calculations
2.3.6 SUPPLY-SIDE ANALYSIS
FIGURE 7 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF SMART PORTS
FIGURE 8 SMART PORT MARKET: SUPPLY-SIDE ANALYSIS
2.3.6.1 Supply-side calculations
2.3.6.2 Supply-side assumptions
2.3.7 FORECAST
3 EXECUTIVE SUMMARY (Page No. - 54)
TABLE 1 SMART PORT MARKET SNAPSHOT
FIGURE 9 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2021
FIGURE 10 SMART PORT INFRASTRUCTURE SEGMENT, BY ELEMENT, TO LEAD MARKET FROM 2022 TO 2027
FIGURE 11 PROCESS AUTOMATION SEGMENT HELD LARGEST SIZE OF MARKET, BY TECHNOLOGY, IN 2022
FIGURE 12 EXTENSIVELY BUSY PORTS SEGMENT TO HOLD LARGEST SHARE OF MARKET, BY THROUGHPUT CAPACITY, FROM 2022 TO 2027
FIGURE 13 SEAPORT TO HOLD LARGER SHARE OF MARKET, BY PORT TYPE, FROM 2022 TO 2027
4 PREMIUM INSIGHTS (Page No. - 59)
4.1 ATTRACTIVE OPPORTUNITIES FOR SMART PORT MARKET PLAYERS
FIGURE 14 GROWING NEED TO INCREASE PORT EFFICIENCY WITH RISING MARITIME TRADE ON GLOBAL LEVEL TO DRIVE GROWTH OF MARKET FROM 2022 TO 2027
4.2 MARKET, BY REGION
FIGURE 15 MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2022 TO 2027
4.3 MARKET IN ASIA PACIFIC, BY TECHNOLOGY AND COUNTRY
FIGURE 16 PROCESS AUTOMATION AND CHINA WERE LARGEST SHAREHOLDERS IN MARKET IN ASIA PACIFIC IN 2021
4.4 MARKET, BY ELEMENT
FIGURE 17 SMART PORT INFRASTRUCTURE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MARKET IN 2027
4.5 MARKET, BY TECHNOLOGY
FIGURE 18 INTERNET OF THINGS TECHNOLOGY TO ACCOUNT FOR LARGEST SHARE OF MARKET IN 2027
4.6 MARKET, BY THROUGHPUT CAPACITY
FIGURE 19 EXTENSIVELY BUSY PORTS TO ACCOUNT FOR LARGEST SHARE OF MARKET IN 2027
4.7 MARKET, BY PORT TYPE
FIGURE 20 SEAPORT TO ACCOUNT FOR LARGER SHARE OF MARKET IN 2027
5 MARKET OVERVIEW (Page No. - 63)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 SMART PORT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increasing international maritime trade activities
FIGURE 22 GLOBAL MARITIME TRADE VOLUME, 2010–2022-P
5.2.1.2 Growing focus of maritime industry on decarbonization
FIGURE 23 TYPICAL CO2 EMISSIONS PER TON OF CARGO TRANSPORTED ONE KILOMETER
FIGURE 24 IMO GLOBAL SULFUR CAP
5.2.1.3 Rising use of real-time geospatial data to improve port operations
5.2.1.4 Surging adoption of Industry 4.0 to improve port efficiency
5.2.2 RESTRAINTS
5.2.2.1 Data breach issues reported by seaport clients
5.2.3 OPPORTUNITIES
5.2.3.1 Government initiatives to develop smart port infrastructure
5.2.3.2 Renovation of existing ports and development of new ports
TABLE 2 TOP FIVE PORT CONSTRUCTION PROJECTS GLOBALLY, 2022
5.2.4 CHALLENGES
5.2.4.1 Technological complexities and interaction of numerous systems
5.2.4.2 Requirement for high initial investment for development of ports
FIGURE 25 INVESTMENTS NEEDED IN VARIOUS INFRASTRUCTURES OF SMART PORTS (USD MILLION)
5.3 TRENDS/DISRUPTIONS IMPACTING BUSINESSES OF CUSTOMERS
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MANUFACTURERS OF SMART PORTS
FIGURE 26 REVENUE SHIFT FOR MARKET
5.4 MARKET MAP
FIGURE 27 SMART PORT MARKET: MARKET MAP
TABLE 3 SMART PORT MARKET: ROLE IN ECOSYSTEM
5.5 VALUE CHAIN ANALYSIS
FIGURE 28 SMART PORT MARKET: VALUE CHAIN ANALYSIS
5.5.1 RESEARCH AND DEVELOPMENT ENGINEERS
5.5.2 TECHNOLOGY/SERVICE PROVIDERS
5.5.3 INTEGRATORS AND TESTING PROVIDERS
5.5.4 END-USERS
5.5.5 POST-SALES SUPPORT PROVIDERS
5.6 TECHNOLOGY ANALYSIS
5.6.1 DIFFERENT TECHNOLOGIES USED IN SMART PORTS
5.7 PRICING ANALYSIS
TABLE 4 AVERAGE SELLING PRICES OF COMPONENTS USED IN SMART PORTS, 2021
5.8 KEY CONFERENCES AND EVENTS, 2022–2024
TABLE 5 SMART PORT MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.8.2 CODES AND REGULATIONS RELATED TO SMART PORT MARKET
TABLE 10 SMART PORT MARKET: CODES AND REGULATIONS
5.9 INNOVATIONS AND PATENT REGISTRATIONS
TABLE 11 SMART PORT MARKET: INNOVATIONS AND PATENT REGISTRATIONS, JUNE 2019–MAY 2022
5.10 PORTER’S FIVE FORCES ANALYSIS
FIGURE 29 PORTER’S FIVE FORCES ANALYSIS
TABLE 12 SMART PORT MARKET: PORTER’S FIVE FORCES ANALYSIS
5.10.1 THREAT OF SUBSTITUTES
5.10.2 BARGAINING POWER OF SUPPLIERS
5.10.3 BARGAINING POWER OF BUYERS
5.10.4 THREAT OF NEW ENTRANTS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE TECHNOLOGIES (%)
TABLE 13 INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 TECHNOLOGIES
5.12 BUYING CRITERIA
FIGURE 31 INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE TECHNOLOGIES
TABLE 14 KEY BUYING CRITERIA FOR TOP THREE TECHNOLOGIES
5.13 CASE STUDY ANALYSIS
5.13.1 CAVOTEC’S SHORE POWER SOLUTIONS REDUCE EMISSIONS AT SHIPPING PORTS
5.13.2 PORT OF ROTTERDAM IS TRANSFORMING ITSELF FROM BEING LARGEST TO SMARTEST, UTILIZING IBM DIGITAL TWIN TECHNOLOGY
6 SMART PORT MARKET, BY ELEMENT (Page No. - 93)
6.1 INTRODUCTION
FIGURE 32 SMART PORT INFRASTRUCTURE SEGMENT ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2021
TABLE 15 SMART PORT MARKET, BY ELEMENT, 2017–2019 (USD MILLION)
TABLE 16 SMART PORT MARKET, BY ELEMENT, 2020–2027 (USD MILLION)
6.2 SMART PORT INFRASTRUCTURE
6.2.1 GROWING MARITIME TRADE ACTIVITIES TO BOOST DEMAND FOR SMART PORT INFRASTRUCTURE
TABLE 17 SMART PORT INFRASTRUCTURE: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 18 SMART PORT INFRASTRUCTURE: MARKET, BY REGION, 2020–2027 (USD MILLION)
TABLE 19 SMART PORT INFRASTRUCTURE: MARKET, BY TYPE, 2017–2019 (USD MILLION)
TABLE 20 SMART PORT INFRASTRUCTURE: MARKET, BY TYPE, 2020–2027 (USD MILLION)
6.3 TRAFFIC MANAGEMENT SYSTEMS
6.3.1 RISING PORT CONGESTION TO FUEL DEMAND FOR THESE SYSTEMS
TABLE 21 TRAFFIC MANAGEMENT SYSTEMS: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 22 TRAFFIC MANAGEMENT SYSTEMS: MARKET, BY REGION, 2020–2027 (USD MILLION)
TABLE 23 TRAFFIC MANAGEMENT SYSTEMS: MARKET, BY TYPE, 2017–2019 (USD MILLION)
TABLE 24 TRAFFIC MANAGEMENT SYSTEMS: MARKET, BY TYPE, 2020–2027 (USD MILLION)
6.4 TERMINAL AUTOMATION & CARGO HANDLING
6.4.1 SURGING NEED FOR PROPER MANAGEMENT OF CONTAINER MOVEMENT TO DRIVE MARKET GROWTH
TABLE 25 FULLY AUTOMATED CONTAINER TERMINALS
TABLE 26 TERMINAL AUTOMATION & CARGO HANDLING: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 27 TERMINAL AUTOMATION & CARGO HANDLING: MARKET, BY REGION, 2020–2027 (USD MILLION)
6.5 SMART SAFETY & SECURITY
6.5.1 INCREASING REQUIREMENT FOR HIGH SAFETY AND TECHNOLOGICAL INNOVATIONS TO DRIVE MARKET GROWTH
TABLE 28 SMART SAFETY & SECURITY: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 29 SMART SAFETY & SECURITY: MARKET, BY REGION, 2020–2027 (USD MILLION)
6.6 PORT COMMUNITY SYSTEMS
6.6.1 SURGING NEED FOR SINGLE-WINDOW ENVIRONMENT TO DRIVE MARKET GROWTH
TABLE 30 PORT COMMUNITY SYSTEMS: INDUSTRIAL MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 31 PORT COMMUNITY SYSTEMS: INDUSTRIAL MARKET, BY REGION, 2020–2027 (USD MILLION)
7 SMART PORT MARKET, BY THROUGHPUT CAPACITY (Page No. - 103)
7.1 INTRODUCTION
FIGURE 33 EXTENSIVELY BUSY PORTS DOMINATED SMART PORT MARKET IN 2021
TABLE 32 MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 33 MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
7.2 EXTENSIVELY BUSY PORTS
7.2.1 INCREASING SEA TRADE TO DRIVE MARKET
TABLE 34 EXTENSIVELY BUSY SMART PORTS, 2020 (MILLION TEU)
TABLE 35 EXTENSIVELY BUSY PORTS: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 36 EXTENSIVELY BUSY PORTS: MARKET, BY REGION, 2020–2027 (USD MILLION)
7.3 MODERATELY BUSY PORTS
7.3.1 ADOPTION OF SMART TECHNOLOGIES IN PORTS TO BOOST MARKET
TABLE 37 MODERATELY BUSY SMART PORTS, 2020 (MILLION TEU)
TABLE 38 MODERATELY BUSY PORTS: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 39 MODERATELY BUSY PORTS: MARKET, BY REGION, 2020–2027 (USD MILLION)
7.4 SCARCELY BUSY PORTS
7.4.1 GROWING NEED FOR PROCESS AUTOMATION AND DIGITALIZATION TO DRIVE MARKET
TABLE 40 SCARCELY BUSY SMART PORTS, 2020 (MILLION TEU)
TABLE 41 SCARCELY BUSY PORTS: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 42 SCARCELY BUSY PORTS: MARKET, BY REGION, 2020–2027 (USD MILLION)
8 SMART PORT MARKET, BY TECHNOLOGY (Page No. - 110)
8.1 INTRODUCTION
FIGURE 34 PROCESS AUTOMATION TECHNOLOGY ACCOUNTED FOR LARGEST SHARE OF SMART PORT MARKET IN 2021
TABLE 43 MARKET, BY TECHNOLOGY, 2017–2019 (USD MILLION)
TABLE 44 MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
8.2 PROCESS AUTOMATION
8.2.1 INCREASING GLOBAL TRADE TO PROPEL MARKET GROWTH
TABLE 45 PROCESS AUTOMATION: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 46 PROCESS AUTOMATION: MARKET, BY REGION, 2020–2027 (USD MILLION)
8.3 INTERNET OF THINGS
8.3.1 COMPETITIVE MARKET SCENARIO AND GROWING ADOPTION OF NEW TECHNOLOGIES TO DRIVE MARKET
TABLE 47 INTERNET OF THINGS: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 48 INTERNET OF THINGS: MARKET, BY REGION, 2020–2027 (USD MILLION)
8.4 ARTIFICIAL INTELLIGENCE
8.4.1 SAFETY CONCERNS AND PROCESS AUTOMATION TREND TO CREATE GROWTH OPPORTUNITIES
TABLE 49 ARTIFICIAL INTELLIGENCE: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 50 ARTIFICIAL INTELLIGENCE: MARKET, BY REGION, 2020–2027 (USD MILLION)
8.5 BLOCKCHAIN
8.5.1 RISING NEED FOR SECURE TRANSACTIONS AND TRANSPARENCY IN SUPPLY CHAIN TO BOOST MARKET
TABLE 51 BLOCKCHAIN: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 52 BLOCKCHAIN: MARKET, BY REGION, 2020–2027 (USD MILLION)
9 SMART PORT MARKET, BY PORT TYPE (Page No. - 118)
9.1 INTRODUCTION
FIGURE 35 SEAPORT SEGMENT DOMINATED SMART PORT MARKET IN 2021
TABLE 53 MARKET, BY PORT TYPE, 2017–2019 (USD MILLION)
TABLE 54 MARKET, BY PORT TYPE, 2020–2027 (USD MILLION)
9.2 SEAPORT
9.2.1 RISING SEABORNE TRADE ACTIVITIES TO BOOST MARKET GROWTH
TABLE 55 SEAPORT: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 56 SEAPORT: MARKET, BY REGION, 2020–2027 (USD MILLION)
9.3 INLAND PORT
9.3.1 INCREASING REQUIREMENT FOR INTERMODAL FACILITIES TO DRIVE MARKET GROWTH
TABLE 57 INLAND PORT: MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 58 INLAND PORT: MARKET, BY REGION, 2020–2027 (USD MILLION)
10 SMART PORT MARKET, BY REGION (Page No. - 123)
10.1 INTRODUCTION
FIGURE 36 MARKET SHARE, BY REGION, 2021 (%)
FIGURE 37 MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2022 TO 2027
TABLE 59 MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 60 MARKET, BY REGION, 2020–2027 (USD MILLION)
10.2 ASIA PACIFIC
FIGURE 38 ASIA PACIFIC: SNAPSHOT OF SMART PORT MARKET
10.2.1 BY ELEMENT
TABLE 61 ASIA PACIFIC: MARKET, BY ELEMENT, 2017–2019 (USD MILLION))
TABLE 62 ASIA PACIFIC: MARKET, BY ELEMENT, 2020–2027 (USD MILLION)
10.2.2 BY TECHNOLOGY
TABLE 63 ASIA PACIFIC: MARKET, BY TECHNOLOGY, 2017–2019 (USD MILLION)
TABLE 64 ASIA PACIFIC: MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
10.2.3 BY THROUGHPUT CAPACITY
TABLE 65 ASIA PACIFIC: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 66 ASIA PACIFIC: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.2.4 BY PORT TYPE
TABLE 67 ASIA PACIFIC: MARKET, BY PORT TYPE, 2017–2019 (USD MILLION)
TABLE 68 ASIA PACIFIC: MARKET, BY PORT TYPE, 2020–2027 (USD MILLION)
10.2.5 BY COUNTRY
TABLE 69 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 70 ASIA PACIFIC: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
10.2.5.1 China
10.2.5.1.1 Digitization and expansion of ports to fuel market growth
TABLE 71 CHINA: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 72 CHINA: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.2.5.2 Singapore
10.2.5.2.1 Increase in port capacities using digital technologies to drive market
TABLE 73 SINGAPORE: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 74 SINGAPORE: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.2.5.3 South Korea
10.2.5.3.1 Government-led investments in infrastructure development of seaports to drive growth
TABLE 75 SOUTH KOREA: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 76 SOUTH KOREA: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.2.5.4 Japan
10.2.5.4.1 Surging adoption of AI technology in ports to enhance operations
TABLE 77 JAPAN: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 78 JAPAN: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.2.5.5 Hong Kong
10.2.5.5.1 Growing maritime activities to boost smart port market
TABLE 79 HONG KONG: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 80 HONG KONG: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.2.5.6 Rest of Asia Pacific
TABLE 81 REST OF ASIA PACIFIC: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 82 REST OF ASIA PACIFIC: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.3 EUROPE
FIGURE 39 EUROPE: SNAPSHOT OF SMART PORT MARKET
10.3.1 BY ELEMENT
TABLE 83 EUROPE: MARKET, BY ELEMENT, 2017–2019 (USD MILLION)
TABLE 84 EUROPE: MARKET, BY ELEMENT, 2020–2027 (USD MILLION)
10.3.2 BY TECHNOLOGY
TABLE 85 EUROPE: MARKET, BY TECHNOLOGY, 2017–2019 (USD MILLION)
TABLE 86 EUROPE: MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
10.3.3 BY THROUGHPUT CAPACITY
TABLE 87 EUROPE: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 88 EUROPE: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.3.4 BY PORT TYPE
TABLE 89 EUROPE: MARKET, BY PORT TYPE, 2017–2019 (USD MILLION)
TABLE 90 EUROPE: MARKET, BY PORT TYPE, 2020–2027 (USD MILLION)
10.3.5 BY COUNTRY
TABLE 91 EUROPE: MARKET, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 92 EUROPE: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
10.3.5.1 Germany
10.3.5.1.1 High-tech and modern shipbuilding technologies to drive market
TABLE 93 GERMANY: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 94 GERMANY: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.3.5.2 Italy
10.3.5.2.1 Need for increasing port capacities through adoption of digital technologies to propel market
TABLE 95 ITALY: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 96 ITALY: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.3.5.3 UK
10.3.5.3.1 Increase in trade activities to drive demand for smart ports
TABLE 97 UK: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 98 UK: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.3.5.4 Netherlands
10.3.5.4.1 Digitalization of seaports to boost growth of maritime industry
TABLE 99 NETHERLANDS: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 100 NETHERLANDS: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.3.5.5 Rest of Europe
TABLE 101 REST OF EUROPE: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 102 REST OF EUROPE: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.4 NORTH AMERICA
10.4.1 BY ELEMENT
TABLE 103 NORTH AMERICA: MARKET, BY ELEMENT, 2017–2019 (USD MILLION)
TABLE 104 NORTH AMERICA: MARKET, BY ELEMENT, 2020–2027 (USD MILLION)
10.4.2 BY TECHNOLOGY
TABLE 105 NORTH AMERICA: MARKET, BY TECHNOLOGY, 2017–2019 (USD MILLION)
TABLE 106 NORTH AMERICA: MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
10.4.3 BY THROUGHPUT CAPACITY
TABLE 107 NORTH AMERICA: MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 108 NORTH AMERICA: MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.4.4 BY PORT TYPE
TABLE 109 NORTH AMERICA: SMART PORT MARKET, BY PORT TYPE, 2017–2019 (USD MILLION)
TABLE 110 NORTH AMERICA: SMART PORT MARKET, BY PORT TYPE, 2020–2027 (USD MILLION)
10.4.5 BY COUNTRY
TABLE 111 NORTH AMERICA: SMART PORT MARKET, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 112 NORTH AMERICA: SMART PORT MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
10.4.5.1 US
10.4.5.1.1 Increasing private investments in digital transformation of ports to drive market
TABLE 113 US: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 114 US: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.4.5.2 Canada
10.4.5.2.1 Rising government funding for automation and expansion of seaports to boost market growth
TABLE 115 CANADA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 116 CANADA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.4.5.3 Mexico
10.4.5.3.1 Growing focus on automation of seaports to create growth opportunities for market players
TABLE 117 MEXICO: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 118 MEXICO: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
10.5.1 BY ELEMENT
TABLE 119 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY ELEMENT, 2017–2019 (USD MILLION)
TABLE 120 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY ELEMENT, 2020–2027 (USD MILLION)
10.5.2 BY TECHNOLOGY
TABLE 121 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY TECHNOLOGY, 2017–2019 (USD MILLION)
TABLE 122 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
10.5.3 BY THROUGHPUT CAPACITY
TABLE 123 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 124 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.5.4 BY PORT TYPE
TABLE 125 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY PORT TYPE, 2017–2019 (USD MILLION)
TABLE 126 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY PORT TYPE, 2020–2027 (USD MILLION)
10.5.5 BY COUNTRY
TABLE 127 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 128 MIDDLE EAST & AFRICA: SMART PORT MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
10.5.5.1 UAE
10.5.5.1.1 Increasing port expansion and automation activities to drive market
TABLE 129 UAE: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 130 UAE: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.5.5.2 Saudi Arabia
10.5.5.2.1 Rising government policies for expansion of ports to create lucrative opportunities
TABLE 131 SAUDI ARABIA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 132 SAUDI ARABIA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.5.5.3 Kuwait
10.5.5.3.1 Rising focus on port development to fuel market growth
TABLE 133 KUWAIT: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 134 KUWAIT: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.5.5.4 South Africa
10.5.5.4.1 Growing need for developed seaports to boost market
TABLE 135 SOUTH AFRICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 136 SOUTH AFRICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.5.6 REST OF MIDDLE EAST & AFRICA
TABLE 137 REST OF MIDDLE EAST & AFRICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 138 REST OF MIDDLE EAST & AFRICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.6 SOUTH AMERICA
10.6.1 BY ELEMENT
TABLE 139 SOUTH AMERICA: SMART PORT MARKET, BY ELEMENT, 2017–2019 (USD MILLION)
TABLE 140 SOUTH AMERICA: SMART PORT MARKET, BY ELEMENT, 2020–2027 (USD MILLION)
10.6.2 BY TECHNOLOGY
TABLE 141 SOUTH AMERICA: SMART PORT MARKET, BY TECHNOLOGY, 2017–2019 (USD MILLION)
TABLE 142 SOUTH AMERICA: SMART PORT MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
10.6.3 BY THROUGHPUT CAPACITY
TABLE 143 SOUTH AMERICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 144 SOUTH AMERICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.6.4 BY PORT TYPE
TABLE 145 SOUTH AMERICA: SMART PORT MARKET, BY PORT TYPE, 2017–2019 (USD MILLION)
TABLE 146 SOUTH AMERICA: SMART PORT MARKET, BY PORT TYPE, 2020–2027 (USD MILLION)
10.6.5 BY COUNTRY
TABLE 147 SOUTH AMERICA: SMART PORT MARKET, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 148 SOUTH AMERICA: SMART PORT MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
10.6.5.1 Brazil
10.6.5.1.1 Increasing investments in seaport development to drive market
TABLE 149 BRAZIL: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 150 BRAZIL: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.6.6 CHILE
10.6.6.1 Growing adoption of digital technologies, port automation, and expansion by government to boost market growth
TABLE 151 CHILE: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 152 CHILE: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
10.6.7 REST OF SOUTH AMERICA
TABLE 153 REST OF SOUTH AMERICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2017–2019 (USD MILLION)
TABLE 154 REST OF SOUTH AMERICA: SMART PORT MARKET, BY THROUGHPUT CAPACITY, 2020–2027 (USD MILLION)
11 COMPETITIVE LANDSCAPE (Page No. - 168)
11.1 KEY PLAYERS STRATEGIES
TABLE 155 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, SEPTEMBER 2017–JUNE 2022
11.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS
TABLE 156 SMART PORT MARKET: DEGREE OF COMPETITION
FIGURE 40 SMART PORT MARKET SHARE ANALYSIS, 2021
11.3 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS
FIGURE 41 TOP PLAYERS IN SMART PORT MARKET FROM 2017 TO 2021
11.4 COMPANY EVALUATION QUADRANT
11.4.1 STARS
11.4.2 PERVASIVE PLAYERS
11.4.3 EMERGING LEADERS
11.4.4 PARTICIPANTS
FIGURE 42 COMPETITIVE LEADERSHIP MAPPING: SMART PORT MARKET, 2021
11.5 START-UP/SME EVALUATION QUADRANT
11.5.1 PROGRESSIVE COMPANIES
11.5.2 RESPONSIVE COMPANIES
11.5.3 DYNAMIC COMPANIES
11.5.4 STARTING BLOCKS
FIGURE 43 SMART PORT MARKET: START-UP/SME EVALUATION QUADRANT, 2021
11.5.5 COMPETITIVE BENCHMARKING
TABLE 157 SMART PORT MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 158 SMART PORT MARKET: DETAILED LIST OF KEY STARTUPS/SMES
11.6 SMART PORT MARKET: COMPANY FOOTPRINT
TABLE 159 COMPANY FOOTPRINT: BY ELEMENT
TABLE 160 COMPANY FOOTPRINT: BY TECHNOLOGY
TABLE 161 COMPANY FOOTPRINT: BY THROUGHPUT CAPACITY
TABLE 162 COMPANY FOOTPRINT: BY PORT TYPE
TABLE 163 COMPANY FOOTPRINT: BY REGION
TABLE 164 OVERALL-COMPANY FOOTPRINT
11.7 COMPETITIVE SCENARIO
TABLE 165 SMART PORT MARKET: PRODUCT LAUNCHES, MARCH 2019–FEBRUARY 2021
TABLE 166 SMART PORT MARKET: DEALS, NOVEMBER 2020– JUNE 2022
11.8 LIST OF KEY SMART PORTS, 2021
12 COMPANY PROFILES (Page No. - 189)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
12.1 INTRODUCTION
12.2 KEY PLAYERS
12.2.1 IBM
TABLE 167 IBM: COMPANY OVERVIEW
FIGURE 44 IBM: COMPANY SNAPSHOT
TABLE 168 IBM: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
TABLE 169 IBM: DEALS
12.2.2 ACCENTURE
TABLE 170 ACCENTURE: COMPANY OVERVIEW
FIGURE 45 ACCENTURE: COMPANY SNAPSHOT
TABLE 171 ACCENTURE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 172 ACCENTURE: DEALS
12.2.3 ABB
TABLE 173 ABB: COMPANY OVERVIEW
FIGURE 46 ABB: COMPANY SNAPSHOT
TABLE 174 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 175 ABB: PRODUCT LAUNCHES
TABLE 176 ABB: DEALS
12.2.4 SIEMENS
TABLE 177 SIEMENS: COMPANY OVERVIEW
FIGURE 47 SIEMENS: COMPANY SNAPSHOT
TABLE 178 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 179 SIEMENS: DEALS
12.2.5 GENERAL ELECTRIC
TABLE 180 GENERAL ELECTRIC: COMPANY OVERVIEW
FIGURE 48 GENERAL ELECTRIC: COMPANY SNAPSHOT
TABLE 181 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 182 GENERAL ELECTRIC: DEALS
12.2.6 TRELLEBORG
TABLE 183 TRELLEBORG: COMPANY OVERVIEW
FIGURE 49 TRELLEBORG: COMPANY SNAPSHOT
TABLE 184 TRELLEBORG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 185 TRELLEBORG: PRODUCT LAUNCHES
TABLE 186 TRELLEBORG: DEALS
12.2.7 ROYAL HASKONING
TABLE 187 ROYAL HASKONING: COMPANY OVERVIEW
FIGURE 50 ROYAL HASKONING: COMPANY SNAPSHOT
TABLE 188 ROYAL HASKONING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 189 ROYAL HASKONING: PRODUCT LAUNCHES
TABLE 190 ROYAL HASKONING: DEALS
12.2.8 KALMAR
TABLE 191 KALMAR: COMPANY OVERVIEW
TABLE 192 KALMAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 193 KALMAR: PRODUCT LAUNCHES
TABLE 194 KALMAR: DEALS
12.2.9 WIPRO
TABLE 195 WIPRO: COMPANY OVERVIEW
FIGURE 51 WIPRO: COMPANY SNAPSHOT
TABLE 196 WIPRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 197 WIPRO: DEALS
12.2.10 RAMBOLL GROUP
TABLE 198 RAMBOLL GROUP: COMPANY OVERVIEW
FIGURE 52 RAMBOLL GROUP: COMPANY SNAPSHOT
TABLE 199 RAMBOLL GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 200 RAMBOLL GROUP: DEALS
12.2.11 MICROSOFT
TABLE 201 MICROSOFT: COMPANY OVERVIEW
FIGURE 53 MICROSOFT: COMPANY SNAPSHOT
TABLE 202 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 203 MICROSOFT: DEALS
12.2.12 TCS
TABLE 204 TCS: COMPANY OVERVIEW
FIGURE 54 TCS: COMPANY SNAPSHOT
TABLE 205 TCS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 206 TCS: DEALS
12.2.13 NAVIS
TABLE 207 NAVIS: COMPANY OVERVIEW
TABLE 208 NAVIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 209 NAVIS: PRODUCT LAUNCHES
TABLE 210 NAVIS: DEALS
12.2.14 IKUSI VELATIA
TABLE 211 IKUSI VELATIA: COMPANY OVERVIEW
TABLE 212 IKUSI VELATIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 213 IKUSI VELATIA: DEALS
12.3 KEY CUSTOMER PROFILES
12.3.1 PORT OF ROTTERDAM
TABLE 214 PORT OF ROTTERDAM: COMPANY OVERVIEW
FIGURE 55 PORT OF ROTTERDAM: COMPANY SNAPSHOT
TABLE 215 PORT OF ROTTERDAM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 216 PORT OF ROTTERDAM: PRODUCT LAUNCHES
TABLE 217 PORT OF ROTTERDAM: DEALS
12.3.2 APM TERMINALS
TABLE 218 APM TERMINALS: COMPANY OVERVIEW
TABLE 219 APM TERMINALS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 220 APM TERMINALS: PRODUCT LAUNCHES
TABLE 221 APM TERMINALS: DEALS
12.3.3 ABU DHABI PORTS
TABLE 222 ABU DHABI PORTS: COMPANY OVERVIEW
TABLE 223 ABU DHABI PORTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 224 ABU DHABI PORTS: PRODUCT LAUNCHES
TABLE 225 ABU DHABI PORTS: DEALS
12.3.4 HUTCHISON PORTS
TABLE 226 HUTCHISON PORTS: COMPANY OVERVIEW
FIGURE 56 HUTCHISON PORTS: COMPANY SNAPSHOT
TABLE 227 HUTCHISON PORTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 228 HUTCHISON PORTS: PRODUCT LAUNCHES
TABLE 229 HUTCHISON PORTS: DEALS
12.4 OTHER PLAYERS
12.4.1 BLOC.
12.4.2 SCIENTIFIC ENTERPRISES
12.4.3 NAUTIX
12.4.4 IOCURRENTS
12.4.5 PORT SOLUTIONS
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
13 ADJACENT AND RELATED MARKETS (Page No. - 269)
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 SMART PORT INTERCONNECTED MARKETS
13.4 ARTIFICIAL INTELLIGENCE MARKET
13.4.1 MARKET DEFINITION
13.4.2 MARKET OVERVIEW
13.4.2.1 Growth of data-based AI and advancement in deep learning
13.4.2.2 Need to achieve robotic autonomy to stay competitive in a global market
13.4.3 ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY
13.4.3.1 Machine learning
TABLE 230 ARTIFICIAL INTELLIGENCE MARKET SIZE, BY MACHINE LEARNING, 2015–2020 (USD BILLION)
TABLE 231 ARTIFICIAL INTELLIGENCE MARKET SIZE, BY MACHINE LEARNING, 2021–2026 (USD BILLION)
TABLE 232 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 233 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.4.4 DEEP LEARNING
TABLE 234 DEEP LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 235 DEEP LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.4.5 SUPERVISED LEARNING
TABLE 236 SUPERVISED LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 237 SUPERVISED LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.4.6 UNSUPERVISED LEARNING
TABLE 238 UNSUPERVISED LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 239 UNSUPERVISED LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.4.7 REINFORCEMENT LEARNING
TABLE 240 REINFORCEMENT LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 241 REINFORCEMENT LEARNING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.4.8 OTHER TECHNOLOGY
TABLE 242 OTHER TECHNOLOGY: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 243 OTHER TECHNOLOGY: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.5 NATURAL LANGUAGE PROCESSING
TABLE 244 NATURAL LANGUAGE PROCESSING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 245 NATURAL LANGUAGE PROCESSING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.6 CONTEXT-AWARE COMPUTING
TABLE 246 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 247 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.7 COMPUTER VISION
TABLE 248 COMPUTER VISION: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 249 COMPUTER VISION: ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.7.1 ARTIFICIAL INTELLIGENCE MARKET, BY REGION
TABLE 250 ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2015–2020 (USD BILLION)
TABLE 251 ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
13.8 BLOCKCHAIN SUPPLY CHAIN MARKET
13.8.1 MARKET DEFINITION
13.8.2 MARKET OVERVIEW
13.8.2.1 Increasing popularity of blockchain technology in retail and SCM
13.8.2.2 Growing need for supply chain transparency
13.8.3 BLOCKCHAIN SUPPLY CHAIN MARKET, BY APPLICATION
13.9 ASSET TRACKING
TABLE 252 ASSET TRACKING: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 253 ASSET TRACKING: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
13.10 COUNTERFEIT DETECTION
TABLE 254 COUNTERFEIT DETECTION: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 255 COUNTERFEIT DETECTION: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
13.11 PAYMENT AND SETTLEMENT
TABLE 256 PAYMENT AND SETTLEMENT: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 257 PAYMENT AND SETTLEMENT: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
13.12 SMART CONTRACTS
TABLE 258 SMART CONTRACTS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 259 SMART CONTRACTS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
13.13 RISK AND COMPLIANCE MANAGEMENT
TABLE 260 RISK AND COMPLIANCE MANAGEMENT: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, 2014–2019 (USD MILLION)
TABLE 261 RISK AND COMPLIANCE MANAGEMENT: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
13.14 OTHER APPLICATIONS
TABLE 262 OTHER APPLICATIONS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 263 OTHER APPLICATIONS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
13.15 BLOCKCHAIN SUPPLY CHAIN MARKET, BY REGION
TABLE 264 BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 265 BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
14 APPENDIX (Page No. - 290)
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
This study involved four major activities in estimating the current size of the smart port market. Exhaustive secondary research was carried out to collect information on the market, peer market, and parent market. The next step was to validate these data fom secondary findings, assumptions, and market sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the total market size. Later, the market breakdown and data triangulation were done to estimate the market size of the segments and sub-segments.
Secondary Research
The research study on smart port market involved the extensive use of directories, databases, and secondary sources, such as Hoovers, Bloomberg, Businessweek, , UN Comtrade Database, Factiva, International Energy Agency, International Monetary Fund, United Nations Conference on Trade and Development, US Energy Information Administration, International Maritime Organization, United Nations Conference on Trade and Development, to identify and collect information useful for this technical, market-oriented, and commercial study. The other secondary sources included white papers, articles by recognized authors, annual reports, press releases & investor presentations of companies, certified publications, manufacturer associations, trade directories, and databases.
Primary Research
Primary sources included several industry experts from core and related industries, preferred maritime associations, port authorities and operators, IoT and cloud-based solution providers, and logistic companies related to all the segments of this industry’s value chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. In the canvassing of primaries, various departments within organizations, such as sales, engineering, operations, and managers were covered to provide a holistic viewpoint in our report The breakdown of primary respondents is given below:
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Market Size Estimation
Both bottom-up and top-down approaches have been used to estimate and validate the size of the global smart port market and its dependent submarkets. Various sub-segments size in the market were also estimated by these menthod. The research methodology used to estimate the market size includes the following:
- The key players in the smart port market have been identified through extensive secondary research, and their market share in the respective regions have been determined through both primary and secondary research.
- The market’s value chain and size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Global Smart Port Market Size: Bottom-Up Approach
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size from the estimation process explained below, the total market has been split into several segments and subsegments. The data triangulation and market breakdown procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using both top-down and bottom-up approaches.
Report Objectives
- To define, describe, segment, and forecast the smart port market by element, technology, throughput capacity, port type and region based on market size and volume
- To forecast the market size, in terms of value and volume, for five key regions: North America, South America, Europe, Asia Pacific, and the Middle East & Africa, along with their key countries
- To strategically analyze the subsegments with respect to individual growth trends, prospects, and contributions of each segment to the overall market size
- To provide detailed information about the key factors such as drivers, restraints, opportunities, and challenges influencing the growth of the market
- To analyze market opportunities for stakeholders and details of the competitive landscape for market leaders
- To strategically profile the key players and comprehensively analyze their market shares and core competencies
- To analyze competitive developments, such as sales contracts, agreements, investments, expansions, new product launches, mergers, partnerships, joint ventures, collaborations, and acquisitions, in the smart port market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:
Geographic Analysis
- Further breakdown of region or country-specific analysis
Company Information
- Detailed analyses and profiling of additional market players (up to 5)
Generating Response ...
Growth opportunities and latent adjacency in Smart Port Market