Segments' Analysis

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Smart Ports Market Share: By Throughput Capacity Type
Based on the throughput capacity type, the smart ports market is segmented as extensively busy, moderately busy, and scarcely busy. The extensively busy segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. This segmentation is based on the handling capacity of the ports, in terms of twenty feet equivalent (TEU). Ports with a throughput capacity of more than 18 million TEU are classified as extensively busy ports, those with a throughput capacity between 5 to 18 million TEU are classified as moderately busy ports, and the rest are classified as scarcely throughput ports. The extensively busy ports have the highest potential to invest in implementing smart technologies and solutions in the ports as they generate high revenue.
Smart Ports Market Share: By Technology Type
Based on the technology type, the market is segmented as process automation, internet of things, artificial intelligence, and blockchain. The process automation segment is expected to grow at the highest rate during the forecast period. The growth of the segment is because process automation reduces the need of human intervention by using technology to automate business processes. The degree of automation differs from port to port, depending on its capacity, economic value, location, and the amount of cargo it handles.
Smart Ports Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. This growth can be attributed to the rapid industrialization, growing manufacturing sectors, increasing logistic and packaging industries, and fastest-growing economies in the region. In the past few years, there has been a gradual increase in the bulk of trade, globally. Thus, countries such as Singapore and Hong Kong formed the trade corridor, opening the regions’ trade opportunities. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Market Scope & Segmentation
Smart ports are automated ports that employ innovative technologies to enhance performance by increasing efficiency and security. As per the World Trade Organization, over 80% of the world’s freight is transported using ports, one of the most important logistics centers across the globe. These automated ports with the use of evolving technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), and Big Data are becoming more environmentally sustainable, economically efficient and capable of handling increased port traffic. There are several emerging technologies, systems and solutions that are entering into this otherwise considered as conservative and “resistant to change” industry. This trend is expected to continue in the future, altering this notion.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Smart Ports Market Research Report - Features
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Market Segmentation
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5
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The smart ports market is segmented into the following categories.
Smart Ports Market Size, Share, & Forecast, by Element Type:
- Terminal Automation & Cargo Handling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Port Community System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Traffic Management System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Smart Port Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Smart Safety & Security (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Smart Ports Market Size, Share, & Forecast, by Throughput Capacity Type:
- Extensively Busy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Moderately Busy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Scarcely Busy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Smart Ports Market Size, Share, & Forecast, by Technology Type:
- Process Automation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Internet of Things (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Artificial Intelligence (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Blockchain (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Smart Ports Market Size, Share, & Forecast, by Port Type:
- Seaport (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Inland Port (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Smart Ports Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the element types and by technology type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].