Smart Ports Market
PUBLISHED: 2022 ID: SMRC18536
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Smart Ports Market

Smart Ports Market Forecasts to 2028 – Global Analysis By Port Type (Inland Port, Seaport), Throughput Capacity, Technology (Artificial Intelligence (AI), Blockchain, Internet of Things (IoT), Process Automation), Element, and By Geography

4.9 (59 reviews)
4.9 (59 reviews)
Published: 2022 ID: SMRC18536

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2021)

US $1.74 BN

Projected Year Value (2028)

US $7.84 BN

CAGR (2021 - 2028)

24.0%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

Europe


According to Stratistics MRC, the Global Smart Ports Market is accounted for $1.74 billion in 2021 and is expected to reach $7.84 billion by 2028 growing at a CAGR of 24.0% during the forecast period. A smart port is an automated maritime facility that uses big data, blockchain, the internet of things (IoT), and other smart technology-based methods to improve performance and economic competitiveness. It consists of digitized infrastructure that offers a wide range of benefits, such as low human-related disruptions, superior decision making, predictable performance, and lower operational expenses. Smart ports function more smoothly than their traditional counterparts due to the flow created by the automation process.



Market Dynamics:

Driver:

Rising inclination for industry 4.0


Industry 4.0 or smart manufacturing, integrates physical manufacturing and operations with smart digital technology, machine learning, and big data to create a more comprehensive and connected ecosystem. Through the use of technologies as IoT, cloud, artificial intelligence, and blockchain, a cyber-physical network is created inside the ports in which real-time data flows to different stakeholders as well as data is collected for predictive modeling. The real-time exchange of data allows smooth traffic flow, which, as a result, increases the throughput capacity of the port, thus increasing its efficiency. With the help of new technologies such as artificial intelligence and IoT, data is captured that helps to create a digital twin model of the ports. Also, with the help of AI, predictive maintenance (the time when maintenance will be required) can be ascertained more accurately, which saves maintenance cost and reduces downtime due to mechanical failure. A digital twin is a 3-dimensional map of the port that helps port authorities better control and predict various activities taking place inside a port more accurately.

Restraint:

High initial investment


The rising investments in ports are anticipated to be substantial in the upcoming 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. Many ports are financially strong and can fund their expansion or up-gradation, while many ports have to be supported by external agencies, such as government, private funding, or partnership, to invest in their infrastructure. There are consequently many more requirements for developing new ports and upgrading infrastructure at the existing port 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 up with the additional investment needed.

Opportunity:

Government support


The agencies of smart ports generally deploy cloud-based software to assist in creating the operational flows that help the port function smoothly. Currently, most of the ports across the world have technology integrated to some extent for complete management. However, there has been a gradual increase in the number of smart ports owing to global government initiatives and the exponential growth of maritime trade. The growing concern regarding climate change globally, as well as the call for more sustainable development projects, has compelled governments across the globe to embrace new technologies that help in the reduction of carbon footprint and also increase efficiency. In line with the current digitalization initiatives, governments across the globe are implementing various technologies such as big data, artificial intelligence, and the Internet of Things (IoT) in the ports sector.

Threat:

Threats associated with data protection


There are various challenges in ensuring end-to-end security in a digital environment. Millions of cyber-attacks and data breaches are taking place every year, which is an alarm for digital security. With the increase in digitalization, the concern for data protection is growing. As the idea of integration of physical objects with the internet is relatively new, security has not always been considered the top priority during a product’s design phase. This issue is expected to be a major concern, especially in ports, as the materials being handled are often precious cargo. Additionally, to take the first-mover advantage, many companies are launching products without thorough testing for secure connections, which presents a loophole for a data breach. A major issue faced by IoT security is the use of hardcoded or default passwords, which can lead to security breaches. Even if passwords are changed, they are often not strong enough to prevent infiltration.

The smart port infrastructure segment is expected to be the largest during the forecast period

The smart port infrastructure segment is estimated to have a lucrative growth. Smart port infrastructure segment 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. 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. With the rise in global trade, 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. Therefore, rising trade via ports around the world has created a need for investments in the infrastructure of port modernization.

The internet of things (IoT) segment is expected to have the highest CAGR during the forecast period

The internet of things (IoT) segment is anticipated to witness the fastest CAGR growth during the forecast period.  The IoT platform is based on 3 major parameters, which include smart port infrastructure, intelligent traffic flows, and intelligent trade flows. It has helped ports in traffic management, controlling pollution, and road safety. Ports implementing digitalization have been actively adopting IoT for their operations. IoT has transformed the traditional way in which any seaport works. The most obvious advantage of maritime IoT applications is how they can optimize and streamline any aspect of operations at sea, in ports, and through fleets—from vessel monitoring and predictive maintenance to crew protection and welfare. With the deployment of IoT, the physical aspect of any process is being connected to the internet, which helps in real-time sharing of data and remote access.

Region with highest share:

Europe is projected to hold the largest market share during the forecast period. The existing ports in Europe are no longer able to compete on size and a strong need to shift towards smart operations is required thereby driving the market during forecast year. Additionally, faster delivery speeds and lower costs of these ports is further propelling the market in the region. Within Europe, Germany is forecast to grow at a rapid phase during the forecast period.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period owing to numerous factors such as international divisional manufacturing, global supply chains, low production cost and each country’s export-led development policies. The Asia Pacific maritime information market is currently witnessing healthy growth. The ports in the region have grown in tandem with the economic development of most countries and cities, reflecting the region’s recent rapid economic growth. This has translated into the increasing volume of cargo moving from this region. As major cargo transportation happens through sea routes, owing to which the number of ports in Asia is increasing every year, and the existing ports are witnessing expansion.



Key players in the market

Some of the key players profiled in the Smart Ports Market include ABB, Abu Dhabi Ports, Accenture, General Electric, IBM, Ikusi Velatia, Port of Rotterdam, Port Solutions, Ramboll Group, Royal Haskoning, Scientific Enterprises, Trelleborg, and Wipro.

Key Developments:

In March 2021, Siemens was 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 ships with green power while they are berthed at the Port of Kiel.

In April 2021, Abu Dhabi Ports introduced a new digital service to streamline the management of Abu Dhabi’s slipways. The slipways are ramps for moving boats and other watercraft to and from the water. The service was expected to ease congestion at peak times.
 
Throughput Capacities Covered:
• Extensively Busy Ports (Above 18 million TEU)
• Moderately Busy Ports (5–18 million TEU)
• Scarcely Busy Ports (Below 5 million TEU)

Port Types Covered:
• Inland Port
• Seaport

Technologies Covered:
• Artificial Intelligence (AI)
• Blockchain
• Internet of Things (IoT)
• Process Automation

Elements Covered:
• Traffic Management System (TMS)
• Smart Port Infrastructure
• Terminal Automation & Cargo Handling
• Port Community System (PCS)
• Smart Safety & Security
• Port Infrastructure

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
           
2 Preface         
 
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Technology Analysis       
 3.7 Emerging Markets        
 3.8 Impact of Covid-19        
           
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Smart Ports Market, By Throughput Capacity      
 5.1 Introduction        
 5.2 Extensively Busy Ports (Above 18 million TEU)     
 5.3 Moderately Busy Ports (5–18 million TEU)     
 5.4 Scarcely Busy Ports (Below 5 million TEU)     
           
6 Global Smart Ports Market, By Port Type       
 6.1 Introduction        
 6.2 Inland Port        
 6.3 Seaport         
           
7 Global Smart Ports Market, By Technology       
 7.1 Introduction        
 7.2 Artificial Intelligence (AI)       
 7.3 Blockchain        
 7.4 Internet of Things (IoT)       
 7.5 Process Automation       
           
8 Global Smart Ports Market, By Element       
 8.1 Introduction        
 8.2 Traffic Management System (TMS)      
  8.2.1 Automated Information System (AIS)     
  8.2.2 Real-Time Location System (RTLS)     
 8.3 Smart Port Infrastructure       
  8.3.1 Automated Mooring System      
  8.3.2 Gate Automation       
  8.3.3 Shore Power       
  8.3.4 Smart Energy & Environment Solution     
 8.4 Terminal Automation & Cargo Handling      
 8.5 Port Community System (PCS)       
 8.6 Smart Safety & Security       
 8.7 Port Infrastructure        
           
9 Global Smart Ports Market, By Geography      

 9.1 Introduction        
 9.2 North America        
  9.2.1 US        
  9.2.2 Canada        
  9.2.3 Mexico        
 9.3 Europe         
  9.3.1 Germany        
  9.3.2 UK        
  9.3.3 Italy        
  9.3.4 France        
  9.3.5 Spain        
  9.3.6 Rest of Europe       
 9.4 Asia Pacific        
  9.4.1 Japan        
  9.4.2 China        
  9.4.3 India        
  9.4.4 Australia        
  9.4.5 New Zealand       
  9.4.6 South Korea       
  9.4.7 Rest of Asia Pacific       
 9.5 South America        
  9.5.1 Argentina       
  9.5.2 Brazil        
  9.5.3 Chile        
  9.5.4 Rest of South America      
 9.6 Middle East & Africa       
  9.6.1 Saudi Arabia       
  9.6.2 UAE        
  9.6.3 Qatar        
  9.6.4 South Africa       
  9.6.5 Rest of Middle East & Africa      
           
10 Key Developments         

 10.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 10.2 Acquisitions & Mergers       
 10.3 New Product Launch       
 10.4 Expansions        
 10.5 Other Key Strategies       
           
11 Company Profiling         
 11.1 ABB         
 11.2 Abu Dhabi Ports        
 11.3 Accenture        
 11.4 General Electric        
 11.5 IBM         
 11.6 Ikusi Velatia        
 11.7 Port of Rotterdam        
 11.8 Port Solutions        
 11.9 Ramboll Group        
 11.10 Royal Haskoning         
 11.11 Scientific Enterprises       
 11.12 Trelleborg        
 11.13 Wipro         


List of Tables          
1 Global Smart Ports Market Outlook, By Region (2020-2028) ($MN)    
2 Global Smart Ports Market Outlook, By Throughput Capacity (2020-2028) ($MN)   
3 Global Smart Ports Market Outlook, By Extensively Busy Ports (Above 18 million TEU) (2020-2028) ($MN)
4 Global Smart Ports Market Outlook, By Moderately Busy Ports (5–18 million TEU) (2020-2028) ($MN) 
5 Global Smart Ports Market Outlook, By Scarcely Busy Ports (Below 5 million TEU) (2020-2028) ($MN) 
6 Global Smart Ports Market Outlook, By Port Type (2020-2028) ($MN)    
7 Global Smart Ports Market Outlook, By Inland Port (2020-2028) ($MN)    
8 Global Smart Ports Market Outlook, By Seaport (2020-2028) ($MN)    
9 Global Smart Ports Market Outlook, By Technology (2020-2028) ($MN)    
10 Global Smart Ports Market Outlook, By Artificial Intelligence (AI) (2020-2028) ($MN)  
11 Global Smart Ports Market Outlook, By Blockchain (2020-2028) ($MN)    
12 Global Smart Ports Market Outlook, By Internet of Things (IoT) (2020-2028) ($MN)   
13 Global Smart Ports Market Outlook, By Process Automation (2020-2028) ($MN)   
14 Global Smart Ports Market Outlook, By Element (2020-2028) ($MN)    
15 Global Smart Ports Market Outlook, By Traffic Management System (TMS) (2020-2028) ($MN)  
16 Global Smart Ports Market Outlook, By Automated Information System (AIS) (2020-2028) ($MN) 
17 Global Smart Ports Market Outlook, By Real-Time Location System (RTLS) (2020-2028) ($MN)  
18 Global Smart Ports Market Outlook, By Smart Port Infrastructure (2020-2028) ($MN)  
19 Global Smart Ports Market Outlook, By Automated Mooring System (2020-2028) ($MN)  
20 Global Smart Ports Market Outlook, By Gate Automation (2020-2028) ($MN)   
21 Global Smart Ports Market Outlook, By Shore Power (2020-2028) ($MN)    
22 Global Smart Ports Market Outlook, By Smart Energy & Environment Solution (2020-2028) ($MN) 
23 Global Smart Ports Market Outlook, By Terminal Automation & Cargo Handling (2020-2028) ($MN) 
24 Global Smart Ports Market Outlook, By Port Community System (PCS) (2020-2028) ($MN)  
25 Global Smart Ports Market Outlook, By Smart Safety & Security (2020-2028) ($MN)   
26 Global Smart Ports Market Outlook, By Port Infrastructure (2020-2028) ($MN)   
27 North America Smart Ports Market Outlook, By Country (2020-2028) ($MN)   
28 North America Smart Ports Market Outlook, By Throughput Capacity (2020-2028) ($MN)  
29 North America Smart Ports Market Outlook, By Extensively Busy Ports (Above 18 million TEU) (2020-2028) ($MN)
30 North America Smart Ports Market Outlook, By Moderately Busy Ports (5–18 million TEU) (2020-2028) ($MN)
31 North America Smart Ports Market Outlook, By Scarcely Busy Ports (Below 5 million TEU) (2020-2028) ($MN)
32 North America Smart Ports Market Outlook, By Port Type (2020-2028) ($MN)   
33 North America Smart Ports Market Outlook, By Inland Port (2020-2028) ($MN)   
34 North America Smart Ports Market Outlook, By Seaport (2020-2028) ($MN)   
35 North America Smart Ports Market Outlook, By Technology (2020-2028) ($MN)   
36 North America Smart Ports Market Outlook, By Artificial Intelligence (AI) (2020-2028) ($MN)  
37 North America Smart Ports Market Outlook, By Blockchain (2020-2028) ($MN)   
38 North America Smart Ports Market Outlook, By Internet of Things (IoT) (2020-2028) ($MN)  
39 North America Smart Ports Market Outlook, By Process Automation (2020-2028) ($MN)  
40 North America Smart Ports Market Outlook, By Element (2020-2028) ($MN)   
41 North America Smart Ports Market Outlook, By Traffic Management System (TMS) (2020-2028) ($MN) 
42 North America Smart Ports Market Outlook, By Automated Information System (AIS) (2020-2028) ($MN) 
43 North America Smart Ports Market Outlook, By Real-Time Location System (RTLS) (2020-2028) ($MN) 
44 North America Smart Ports Market Outlook, By Smart Port Infrastructure (2020-2028) ($MN)  
45 North America Smart Ports Market Outlook, By Automated Mooring System (2020-2028) ($MN) 
46 North America Smart Ports Market Outlook, By Gate Automation (2020-2028) ($MN)  
47 North America Smart Ports Market Outlook, By Shore Power (2020-2028) ($MN)   
48 North America Smart Ports Market Outlook, By Smart Energy & Environment Solution (2020-2028) ($MN)
49 North America Smart Ports Market Outlook, By Terminal Automation & Cargo Handling (2020-2028) ($MN)
50 North America Smart Ports Market Outlook, By Port Community System (PCS) (2020-2028) ($MN) 
51 North America Smart Ports Market Outlook, By Smart Safety & Security (2020-2028) ($MN)  
52 North America Smart Ports Market Outlook, By Port Infrastructure (2020-2028) ($MN)  
53 Europe Smart Ports Market Outlook, By Country (2020-2028) ($MN)    
54 Europe Smart Ports Market Outlook, By Throughput Capacity (2020-2028) ($MN)   
55 Europe Smart Ports Market Outlook, By Extensively Busy Ports (Above 18 million TEU) (2020-2028) ($MN)
56 Europe Smart Ports Market Outlook, By Moderately Busy Ports (5–18 million TEU) (2020-2028) ($MN) 
57 Europe Smart Ports Market Outlook, By Scarcely Busy Ports (Below 5 million TEU) (2020-2028) ($MN) 
58 Europe Smart Ports Market Outlook, By Port Type (2020-2028) ($MN)    
59 Europe Smart Ports Market Outlook, By Inland Port (2020-2028) ($MN)     
60 Europe Smart Ports Market Outlook, By Seaport (2020-2028) ($MN)    
61 Europe Smart Ports Market Outlook, By Technology (2020-2028) ($MN)    
62 Europe Smart Ports Market Outlook, By Artificial Intelligence (AI) (2020-2028) ($MN)  
63 Europe Smart Ports Market Outlook, By Blockchain (2020-2028) ($MN)    
64 Europe Smart Ports Market Outlook, By Internet of Things (IoT) (2020-2028) ($MN)   
65 Europe Smart Ports Market Outlook, By Process Automation (2020-2028) ($MN)   
66 Europe Smart Ports Market Outlook, By Element (2020-2028) ($MN)    
67 Europe Smart Ports Market Outlook, By Traffic Management System (TMS) (2020-2028) ($MN)  
68 Europe Smart Ports Market Outlook, By Automated Information System (AIS) (2020-2028) ($MN) 
69 Europe Smart Ports Market Outlook, By Real-Time Location System (RTLS) (2020-2028) ($MN)  
70 Europe Smart Ports Market Outlook, By Smart Port Infrastructure (2020-2028) ($MN)  
71 Europe Smart Ports Market Outlook, By Automated Mooring System (2020-2028) ($MN)  
72 Europe Smart Ports Market Outlook, By Gate Automation (2020-2028) ($MN)   
73 Europe Smart Ports Market Outlook, By Shore Power (2020-2028) ($MN)    
74 Europe Smart Ports Market Outlook, By Smart Energy & Environment Solution (2020-2028) ($MN) 
75 Europe Smart Ports Market Outlook, By Terminal Automation & Cargo Handling (2020-2028) ($MN) 
76 Europe Smart Ports Market Outlook, By Port Community System (PCS) (2020-2028) ($MN)  
77 Europe Smart Ports Market Outlook, By Smart Safety & Security (2020-2028) ($MN)   
78 Europe Smart Ports Market Outlook, By Port Infrastructure (2020-2028) ($MN)   
79 Asia Pacific Smart Ports Market Outlook, By Country (2020-2028) ($MN)    
80 Asia Pacific Smart Ports Market Outlook, By Throughput Capacity (2020-2028) ($MN)  
81 Asia Pacific Smart Ports Market Outlook, By Extensively Busy Ports (Above 18 million TEU) (2020-2028) ($MN)
82 Asia Pacific Smart Ports Market Outlook, By Moderately Busy Ports (5–18 million TEU) (2020-2028) ($MN)
83 Asia Pacific Smart Ports Market Outlook, By Scarcely Busy Ports (Below 5 million TEU) (2020-2028) ($MN)
84 Asia Pacific Smart Ports Market Outlook, By Port Type (2020-2028) ($MN)    
85 Asia Pacific Smart Ports Market Outlook, By Inland Port (2020-2028) ($MN)   
86 Asia Pacific Smart Ports Market Outlook, By Seaport (2020-2028) ($MN)    
87 Asia Pacific Smart Ports Market Outlook, By Technology (2020-2028) ($MN)   
88 Asia Pacific Smart Ports Market Outlook, By Artificial Intelligence (AI) (2020-2028) ($MN)  
89 Asia Pacific Smart Ports Market Outlook, By Blockchain (2020-2028) ($MN)   
90 Asia Pacific Smart Ports Market Outlook, By Internet of Things (IoT) (2020-2028) ($MN)  
91 Asia Pacific Smart Ports Market Outlook, By Process Automation (2020-2028) ($MN)  
92 Asia Pacific Smart Ports Market Outlook, By Element (2020-2028) ($MN)    
93 Asia Pacific Smart Ports Market Outlook, By Traffic Management System (TMS) (2020-2028) ($MN) 
94 Asia Pacific Smart Ports Market Outlook, By Automated Information System (AIS) (2020-2028) ($MN) 
95 Asia Pacific Smart Ports Market Outlook, By Real-Time Location System (RTLS) (2020-2028) ($MN) 
96 Asia Pacific Smart Ports Market Outlook, By Smart Port Infrastructure (2020-2028) ($MN)  
97 Asia Pacific Smart Ports Market Outlook, By Automated Mooring System (2020-2028) ($MN)  
98 Asia Pacific Smart Ports Market Outlook, By Gate Automation (2020-2028) ($MN)   
99 Asia Pacific Smart Ports Market Outlook, By Shore Power (2020-2028) ($MN)   
100 Asia Pacific Smart Ports Market Outlook, By Smart Energy & Environment Solution (2020-2028) ($MN) 
101 Asia Pacific Smart Ports Market Outlook, By Terminal Automation & Cargo Handling (2020-2028) ($MN) 
102 Asia Pacific Smart Ports Market Outlook, By Port Community System (PCS) (2020-2028) ($MN)  
103 Asia Pacific Smart Ports Market Outlook, By Smart Safety & Security (2020-2028) ($MN)  
104 Asia Pacific Smart Ports Market Outlook, By Port Infrastructure (2020-2028) ($MN)   
105 South America Smart Ports Market Outlook, By Country (2020-2028) ($MN)   
106 South America Smart Ports Market Outlook, By Throughput Capacity (2020-2028) ($MN)  
107 South America Smart Ports Market Outlook, By Extensively Busy Ports (Above 18 million TEU) (2020-2028) ($MN)
108 South America Smart Ports Market Outlook, By Moderately Busy Ports (5–18 million TEU) (2020-2028) ($MN)
109 South America Smart Ports Market Outlook, By Scarcely Busy Ports (Below 5 million TEU) (2020-2028) ($MN)
110 South America Smart Ports Market Outlook, By Port Type (2020-2028) ($MN)   
111 South America Smart Ports Market Outlook, By Inland Port (2020-2028) ($MN)   
112 South America Smart Ports Market Outlook, By Seaport (2020-2028) ($MN)   
113 South America Smart Ports Market Outlook, By Technology (2020-2028) ($MN)   
114 South America Smart Ports Market Outlook, By Artificial Intelligence (AI) (2020-2028) ($MN)  
115 South America Smart Ports Market Outlook, By Blockchain (2020-2028) ($MN)   
116 South America Smart Ports Market Outlook, By Internet of Things (IoT) (2020-2028) ($MN)  
117 South America Smart Ports Market Outlook, By Process Automation (2020-2028) ($MN)  
118 South America Smart Ports Market Outlook, By Element (2020-2028) ($MN)   
119 South America Smart Ports Market Outlook, By Traffic Management System (TMS) (2020-2028) ($MN) 
120 South America Smart Ports Market Outlook, By Automated Information System (AIS) (2020-2028) ($MN) 
121 South America Smart Ports Market Outlook, By Real-Time Location System (RTLS) (2020-2028) ($MN) 
122 South America Smart Ports Market Outlook, By Smart Port Infrastructure (2020-2028) ($MN)  
123 South America Smart Ports Market Outlook, By Automated Mooring System (2020-2028) ($MN) 
124 South America Smart Ports Market Outlook, By Gate Automation (2020-2028) ($MN)  
125 South America Smart Ports Market Outlook, By Shore Power (2020-2028) ($MN)   
126 South America Smart Ports Market Outlook, By Smart Energy & Environment Solution (2020-2028) ($MN)
127 South America Smart Ports Market Outlook, By Terminal Automation & Cargo Handling (2020-2028) ($MN)
128 South America Smart Ports Market Outlook, By Port Community System (PCS) (2020-2028) ($MN) 
129 South America Smart Ports Market Outlook, By Smart Safety & Security (2020-2028) ($MN)  
130 South America Smart Ports Market Outlook, By Port Infrastructure (2020-2028) ($MN)  
131 Middle East & Africa Smart Ports Market Outlook, By Country (2020-2028) ($MN)   
132 Middle East & Africa Smart Ports Market Outlook, By Throughput Capacity (2020-2028) ($MN)  
133 Middle East & Africa Smart Ports Market Outlook, By Extensively Busy Ports (Above 18 million TEU) (2020-2028) ($MN)
134 Middle East & Africa Smart Ports Market Outlook, By Moderately Busy Ports (5–18 million TEU) (2020-2028) ($MN)
135 Middle East & Africa Smart Ports Market Outlook, By Scarcely Busy Ports (Below 5 million TEU) (2020-2028) ($MN)
136 Middle East & Africa Smart Ports Market Outlook, By Port Type (2020-2028) ($MN)   
137 Middle East & Africa Smart Ports Market Outlook, By Inland Port (2020-2028) ($MN)   
138 Middle East & Africa Smart Ports Market Outlook, By Seaport (2020-2028) ($MN)   
139 Middle East & Africa Smart Ports Market Outlook, By Technology (2020-2028) ($MN)  
140 Middle East & Africa Smart Ports Market Outlook, By Artificial Intelligence (AI) (2020-2028) ($MN) 
141 Middle East & Africa Smart Ports Market Outlook, By Blockchain (2020-2028) ($MN)   
142 Middle East & Africa Smart Ports Market Outlook, By Internet of Things (IoT) (2020-2028) ($MN) 
143 Middle East & Africa Smart Ports Market Outlook, By Process Automation (2020-2028) ($MN)  
144 Middle East & Africa Smart Ports Market Outlook, By Element (2020-2028) ($MN)   
145 Middle East & Africa Smart Ports Market Outlook, By Traffic Management System (TMS) (2020-2028) ($MN)
146 Middle East & Africa Smart Ports Market Outlook, By Automated Information System (AIS) (2020-2028) ($MN)
147 Middle East & Africa Smart Ports Market Outlook, By Real-Time Location System (RTLS) (2020-2028) ($MN)
148 Middle East & Africa Smart Ports Market Outlook, By Smart Port Infrastructure (2020-2028) ($MN) 
149 Middle East & Africa Smart Ports Market Outlook, By Automated Mooring System (2020-2028) ($MN) 
150 Middle East & Africa Smart Ports Market Outlook, By Gate Automation (2020-2028) ($MN)  
151 Middle East & Africa Smart Ports Market Outlook, By Shore Power (2020-2028) ($MN)  
152 Middle East & Africa Smart Ports Market Outlook, By Smart Energy & Environment Solution (2020-2028) ($MN)
153 Middle East & Africa Smart Ports Market Outlook, By Terminal Automation & Cargo Handling (2020-2028) ($MN)
154 Middle East & Africa Smart Ports Market Outlook, By Port Community System (PCS) (2020-2028) ($MN) 
155 Middle East & Africa Smart Ports Market Outlook, By Smart Safety & Security (2020-2028) ($MN) 
156 Middle East & Africa Smart Ports Market Outlook, By Port Infrastructure (2020-2028) ($MN)  

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

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We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

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