Global Smart Ports Management Market Overview:
Large ports need to deal with a number of disparate activities which include the movement of ships, containers, and other cargo, the loading and unloading of ships and containers, customs activities. Smart port management refers to an automated port that uses technologies such as big data, Internet of Things (IoT), blockchain solutions and other smart technology-based methods. This is to improve performance and economic competitiveness and environmental sustainability.
Growth Drivers
- Advantage Associated With Smart Ports Management As simplified & Automated and Digital Transformation & Greater Commercial Profitability
- Growing Needs for Real-Time Information
- Curbing Operational Expenses
Roadblocks
- Privacy and Security Concerns
Opportunities
- Supportive Government Initiatives Toward Smart Infrastructure/Port
- Big Data Analytics, IoT, and Ai to Transform Port Operations
Challenges
- Migrating Activities
- Complexity in Integration of Different Systems
- High Initial Investments
Competitive Landscape:
Some of the key players profiled in the report are ABB (Switzerland), Royal Haskoning (The Netherlands), IBM (United States), Port of Rotterdam (The Netherlands), Trelleborg AB (Sweden), Abu Dhabi Ports (UAE), Wipro Infrastructure (India), Accenture Port Solutions (Ireland), Ramboll Group (Denmark), Port Solutions Limited (India), Ikusi Velatia (Spain) and Scientific Enterprises Ltd.(Greece). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Smart Ports Management market by 2027. Considering Market by Throughput Capacity, the sub-segment i.e. Extensively busy (above 18 million teu) will boost the Smart Ports Management market. Considering Market by Technology, the sub-segment i.e. Artificial intelligence will boost the Smart Ports Management market.
Lack of Skilled Staff
What Can be Explored with the Smart Ports Management Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Smart Ports Management Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Smart Ports Management
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Smart Ports Management market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Smart Ports Management market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.