The Smart Port Market size was valued at USD 2.40 billion in 2023 and is expected to grow to USD 13.87 billion By 2031 and grow at a CAGR of 24.5 % over the forecast period of 2024-2031.
A smart port is a contemporary and innovative port that uses sophisticated digital technologies to improve operational efficiency, safety, and security, such as the Internet of Things (IoT), big data analytics, and automation.
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A smart port's goal is to enhance the whole port ecosystem, including infrastructure, equipment, and labor, in order to produce a more sustainable, efficient, and resilient port. Smart ports are specially developed to address the issues that traditional ports encounter, such as congestion, delays, inefficiency, and environmental concerns. Smart ports can automate and streamline multiple port processes, such as cargo handling, inventory management, and transportation logistics, by integrating digital technology. This may greatly cut the time and expense involved with port activities while also improving port safety and security.
Drivers
Expansion of international marine trade operations
An increase in the volume of online business transactions, particularly during and after COVID-19.
International trade relies heavily on maritime transit. Ocean shipping is the primary route of global trade, and according to UNCTAD, over 79% of the amount of international trade in products is transported by sea, with the percentage being much greater in most poor nations. This kind of transportation is less expensive and more practical for international trade than road, rail, and air travel. Global marine commerce increased by 4% in fiscal year 2021, according to UNCTAD, and is predicted to increase at a moderate annual pace of more than 2.48% from 2022 through 2027.
Restrains
Data breach risks and data protection for seaport customers
Lack of skilled workforce
Opportunities
Initiatives by governments to construct the smart port infrastructure.
Increasing Digitalization in vital sectors
The demand for real-time information and supply chain insight is growing.
Seaports play an important and necessary role in global supply chains and logistics. Ports must undergo a digital transformation at a time when all other market participants are well on their way to using the latest digital technologies. Ports are always under pressure to enhance their efficiency while cutting their costs. As ship sizes have expanded, competition has increased, shipping lines have gone digital, and there is greater rivalry among shipping lines, the government is placing pressure on ports to increase throughput capacity with the same infrastructure and more management. These are the motivations behind a port's choice to become digital with its operations. Around the world, there are many infrastructure advancements.
Challenges
The significant initial expenditure needed for port development
High maintenance cost.
The conflict between Russia and Ukraine can disrupt port operations in the region, leading to delays, reduced capacity, and even temporary shutdowns. Smart port technologies heavily rely on smooth operations and data exchange, so any disruptions can hamper their effectiveness. In areas directly affected by the war, infrastructure damage is a major concern. Ports may suffer damage to their facilities, equipment, and communication networks, impacting the implementation and functioning of smart port technologies. The war and geopolitical tensions can deter foreign direct investment (FDI) in the smart port market. Investors may be hesitant to commit resources due to uncertain political and economic conditions. As a result, the development and expansion of smart port infrastructure and technologies may slow down. The conflict could lead to an increase in cybersecurity risks. Smart ports heavily rely on digital systems and networks for data exchange and control. In a volatile situation, the risk of cyberattacks and hacking attempts targeting critical infrastructure may rise, impacting the security and trustworthiness of smart port technologies.
In 2020, Russia's proportion of world GDP was 3.11%. Almost half of it is derived from foreign trade, specifically oil and gas exports. The immediate impact might be considerable. In Rotterdam, for example, freight from and to Russia accounts for 13% of the 470 million tonnes handled each year. The Eurasian country supplies 30% of crude oil, 25% of petrol, and 20% of oil products and coal to the port. Furthermore, 10% of container shipping is linked to Russia. Other northern-range industrial participants have similar dependencies.
Impact of the Recession
During a recession, businesses may cut back on capital expenditures, including investments in smart port technologies. The uncertainty and financial constraints of a recession could lead to a decline in funding for smart port projects, thereby slowing down the market's growth. Smart port initiatives often involve large-scale infrastructure development and technology implementation. In a recession, port authorities, shipping companies, and other stakeholders may delay or cancel these projects due to financial constraints or a focus on cost reduction.
Recessions typically result in reduced global trade and a decline in cargo volumes. When port traffic decreases, there may be less urgency to adopt or invest in smart port technologies. The demand for solutions like automated container handling, smart logistics, or real-time cargo tracking may be affected. During an economic downturn, companies may undergo restructuring efforts to reduce costs and streamline operations. This could lead to mergers, acquisitions, or partnerships in the Smart Port Market, as companies seek to optimize their resources and find efficiencies in the face of reduced demand. In times of recession, cost reduction becomes a priority for many businesses. Smart port technologies, while offering long-term benefits, often require significant upfront investments. However, if companies are facing financial constraints, they may prioritize short-term cost-cutting measures over long-term efficiency gains, potentially impacting the adoption of smart port solutions.
By Port Type
Seaport
Inland Port
By Technology
Internet of Things (IoT)
Blockchain
Artificial Intelligence (AI)
By Element
Terminal Automation & Cargo Handling
Port Community Systems (PCS)
Smart Safety & Security
Smart Port Infrastructure
By Throughput Capacity
Extensively Busy Ports (Above 18 million TEU)
Moderately Busy Ports (5–18 million TEU)
Scarcely Busy Ports (Below 5 million TEU)
The Asia Pacific area dominates worldwide marine trade. According to the UNCTAD Review on Marine Transport, the area will account for 53.8% of marine commerce in 2021. It is also regarded as a profitable place for marine trade. Asia Pacific has witnessed substantial economic expansion in the industrial and energy sectors in recent years, resulting in increased marine commerce activity. According to the Organization for Economic Cooperation and Development (OECD), marine commerce volumes are expected to quadruple by 2050, boosting global freight demand. The development in seaborne trade has resulted in an increase in demand for ships used to deliver produced commodities to various places across the world. According to the UNCTAD Maritime Transport 2021 study, rising nations, notably transitional economies in the Asia-Pacific region, accounted for 59% of global exports and 71% of commodities imports in 2020. Many of these East Asian countries, notably China, have grown. Furthermore, the amount of containerized traffic on the Transpacific route between North America and East Asia has increased. A lesser proportion of commerce was with developed countries, which produced 39% of global marine exports and 30% of global imports.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major players are Wipro, IBM, Siemens, TCS, General Electric, Accenture, Microsoft, Port of Rotterdam, ABB, Royal Haskoning, Kalmar, Trelleborg, Ramboll Group, Navis, Abu Dhabi Ports, Awake.AI, and others in the final report.
In June 2022, ABB and the Port of Toulon, France, were awarded a contract to connect the largest shore-to-ship project in France. At a key juncture in its sustainability endeavor, the Port of Toulon, which serves over 1.6 million ferry and cruise passengers each year, is dedicated to ABB shore connection technology. The ABB system could meet the energy needs of three ferries performing simultaneous port calls or one cruise liner. Power connections at 50 or 60 Hz will be provided for boats.
Accenture purchased the Argentina-based integrated data and AI consultancy provider Ergo in April 2022. It contributed to the development of a data-driven decision-making culture through the use of analytics, artificial intelligence (AI), and big data. Accenture's Cloud First capabilities will be expanded in the Hispanic South American region, which encompasses Argentina, Chile, and Colombia, to enable data-led transformations for customers.
| Report Attributes | Details |
| Market Size in 2023 | US$ 2.40 Bn |
| Market Size by 2031 | US$ 13.87 Bn |
| CAGR | CAGR of 24.5% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Port Type (Seaport, Inland Port) • By Technology (Internet of Things (IoT), Blockchain, Process Automation, Artificial Intelligence (AI)) • By Element (Terminal Automation & Cargo Handling, Port Community Systems (PCS), Smart Safety & Security, Traffic Management Systems (TMS), Smart Port Infrastructure) • By Throughput Capacity (Extensively Busy Ports (Above 18 million TEU), Moderately Busy Ports (5–18 million TEU), Scarcely Busy Ports (Below 5 million TEU)) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Wipro, IBM, Siemens, TCS, General Electric, Accenture, Microsoft, Port of Rotterdam, ABB, Royal Haskoning, Kalmar, Trelleborg, Ramboll Group, Navis, Abu Dhabi Ports, Awake.AI |
| Key Drivers | • Expansion of international marine trade operations • An increase in the volume of online business transactions, particularly during and after COVID-19. |
| Market Restraints | • Data breach risks and data protection for seaport customers • Lack of skilled workforce |
Ans: The Asia Pacific region is dominating the Smart Port Market.
Ans: 24.5 % is the CAGR of the Smart Port Market in the forecast period of 2024-2031.
Ans: USD 2.40 billion in 2023 is the market share of the Smart Port Market.
Ans: The forecast period for the Smart Port Market is 2024-2031.
Ans There are four segments covered in this report, By Port Type, By Technology, By Element, By Throughput Capacity.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Smart Port Market Segmentation, By Port Type
8.1 Seaport
8.2 Inland Port
9. Smart Port Market Segmentation, By Technology
9.1 Internet of Things (IoT)
9.2 Blockchain
9.3 Process Automation
9.4 Artificial Intelligence (AI)
10. Smart Port Market Segmentation, By Element
10.1 Terminal Automation & Cargo Handling
10.2 Port Community Systems (PCS)
10.3 Smart Safety & Security
10.4 Traffic Management Systems (TMS)
10.5 Smart Port Infrastructure
11. Smart Port Market Segmentation, By Throughput Capacity
11.1 Extensively Busy Ports (Above 18 million TEU)
11.2 Moderately Busy Ports (5–18 million TEU)
11.3 Scarcely Busy Ports (Below 5 million TEU)
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Smart Port Market By Country
12.2.2 North America Smart Port Market By Port Type
12.2.3 North America Smart Port Market By Technology
12.2.4 North America Smart Port Market By Element
12.2.5 North America Smart Port Market By Throughput Capacity
12.2.6 USA
12.2.6.1 USA Smart Port Market By Port Type
12.2.6.2 USA Smart Port Market By Technology
12.2.6.3 USA Smart Port Market By Element
12.2.6.4 USA Smart Port Market By Throughput Capacity
12.2.7 Canada
12.2.7.1 Canada Smart Port Market By Port Type
12.2.7.2 Canada Smart Port Market By Technology
12.2.7.3 Canada Smart Port Market By Element
12.2.7.4 Canada Smart Port Market By Throughput Capacity
12.2.8 Mexico
12.2.8.1 Mexico Smart Port Market By Port Type
12.2.8.2 Mexico Smart Port Market By Technology
12.2.8.3 Mexico Smart Port Market By Element
12.2.8.4 Mexico Smart Port Market By Throughput Capacity
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Smart Port Market By Country
12.3.1.2 Eastern Europe Smart Port Market By Port Type
12.3.1.3 Eastern Europe Smart Port Market By Technology
12.3.1.4 Eastern Europe Smart Port Market By Element
12.3.1.5 Eastern Europe Smart Port Market By Throughput Capacity
12.3.1.6 Poland
12.3.1.6.1 Poland Smart Port Market By Port Type
12.3.1.6.2 Poland Smart Port Market By Technology
12.3.1.6.3 Poland Smart Port Market By Element
12.3.1.6.4 Poland Smart Port Market By Throughput Capacity
12.3.1.7 Romania
12.3.1.7.1 Romania Smart Port Market By Port Type
12.3.1.7.2 Romania Smart Port Market By Technology
12.3.1.7.3 Romania Smart Port Market By Element
12.3.1.7.4 Romania Smart Port Market By Throughput Capacity
12.3.1.8 Hungary
12.3.1.8.1 Hungary Smart Port Market By Port Type
12.3.1.8.2 Hungary Smart Port Market By Technology
12.3.1.8.3 Hungary Smart Port Market By Element
12.3.1.8.4 Hungary Smart Port Market By Throughput Capacity
12.3.1.9 Turkey
12.3.1.9.1 Turkey Smart Port Market By Port Type
12.3.1.9.2 Turkey Smart Port Market By Technology
12.3.1.9.3 Turkey Smart Port Market By Element
12.3.1.9.4 Turkey Smart Port Market By Throughput Capacity
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Smart Port Market By Port Type
12.3.1.10.2 Rest of Eastern Europe Smart Port Market By Technology
12.3.1.10.3 Rest of Eastern Europe Smart Port Market By Element
12.3.1.10.4 Rest of Eastern Europe Smart Port Market By Throughput Capacity
12.3.2 Western Europe
12.3.2.1 Western Europe Smart Port Market By Country
12.3.2.2 Western Europe Smart Port Market By Port Type
12.3.2.3 Western Europe Smart Port Market By Technology
12.3.2.4 Western Europe Smart Port Market By Element
12.3.2.5 Western Europe Smart Port Market By Throughput Capacity
12.3.2.6 Germany
12.3.2.6.1 Germany Smart Port Market By Port Type
12.3.2.6.2 Germany Smart Port Market By Technology
12.3.2.6.3 Germany Smart Port Market By Element
12.3.2.6.4 Germany Smart Port Market By Throughput Capacity
12.3.2.7 France
12.3.2.7.1 France Smart Port Market By Port Type
12.3.2.7.2 France Smart Port Market By Technology
12.3.2.7.3 France Smart Port Market By Element
12.3.2.7.4 France Smart Port Market By Throughput Capacity
12.3.2.8 UK
12.3.2.8.1 UK Smart Port Market By Port Type
12.3.2.8.2 UK Smart Port Market By Technology
12.3.2.8.3 UK Smart Port Market By Element
12.3.2.8.4 UK Smart Port Market By Throughput Capacity
12.3.2.9 Italy
12.3.2.9.1 Italy Smart Port Market By Port Type
12.3.2.9.2 Italy Smart Port Market By Technology
12.3.2.9.3 Italy Smart Port Market By Element
12.3.2.9.4 Italy Smart Port Market By Throughput Capacity
12.3.2.10 Spain
12.3.2.10.1 Spain Smart Port Market By Port Type
12.3.2.10.2 Spain Smart Port Market By Technology
12.3.2.10.3 Spain Smart Port Market By Element
12.3.2.10.4 Spain Smart Port Market By Throughput Capacity
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Smart Port Market By Port Type
12.3.2.11.2 Netherlands Smart Port Market By Technology
12.3.2.11.3 Netherlands Smart Port Market By Element
12.3.2.11.4 Netherlands Smart Port Market By Throughput Capacity
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Smart Port Market By Port Type
12.3.2.12.2 Switzerland Smart Port Market By Technology
12.3.2.12.3 Switzerland Smart Port Market By Element
12.3.2.12.4 Switzerland Smart Port Market By Throughput Capacity
12.3.2.13 Austria
12.3.2.13.1 Austria Smart Port Market By Port Type
12.3.2.13.2 Austria Smart Port Market By Technology
12.3.2.13.3 Austria Smart Port Market By Element
12.3.2.13.4 Austria Smart Port Market By Throughput Capacity
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Smart Port Market By Port Type
12.3.2.14.2 Rest of Western Europe Smart Port Market By Technology
12.3.2.14.3 Rest of Western Europe Smart Port Market By Element
12.3.2.14.4 Rest of Western Europe Smart Port Market By Throughput Capacity
12.4 Asia-Pacific
12.4.1 Asia Pacific Smart Port Market By Country
12.4.2 Asia Pacific Smart Port Market By Port Type
12.4.3 Asia Pacific Smart Port Market By Technology
12.4.4 Asia Pacific Smart Port Market By Element
12.4.5 Asia Pacific Smart Port Market By Throughput Capacity
12.4.6 China
12.4.6.1 China Smart Port Market By Port Type
12.4.6.2 China Smart Port Market By Technology
12.4.6.3 China Smart Port Market By Element
12.4.6.4 China Smart Port Market By Throughput Capacity
12.4.7 India
12.4.7.1 India Smart Port Market By Port Type
12.4.7.2 India Smart Port Market By Technology
12.4.7.3 India Smart Port Market By Element
12.4.7.4 India Smart Port Market By Throughput Capacity
12.4.8 Japan
12.4.8.1 Japan Smart Port Market By Port Type
12.4.8.2 Japan Smart Port Market By Technology
12.4.8.3 Japan Smart Port Market By Element
12.4.8.4 Japan Smart Port Market By Throughput Capacity
12.4.9 South Korea
12.4.9.1 South Korea Smart Port Market By Port Type
12.4.9.2 South Korea Smart Port Market By Technology
12.4.9.3 South Korea Smart Port Market By Element
12.4.9.4 South Korea Smart Port Market By Throughput Capacity
12.4.10 Vietnam
12.4.10.1 Vietnam Smart Port Market By Port Type
12.4.10.2 Vietnam Smart Port Market By Technology
12.4.10.3 Vietnam Smart Port Market By Element
12.4.10.4 Vietnam Smart Port Market By Throughput Capacity
12.4.11 Singapore
12.4.11.1 Singapore Smart Port Market By Port Type
12.4.11.2 Singapore Smart Port Market By Technology
12.4.11.3 Singapore Smart Port Market By Element
12.4.11.4 Singapore Smart Port Market By Throughput Capacity
12.4.12 Australia
12.4.12.1 Australia Smart Port Market By Port Type
12.4.12.2 Australia Smart Port Market By Technology
12.4.12.3 Australia Smart Port Market By Element
12.4.12.4 Australia Smart Port Market By Throughput Capacity
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Smart Port Market By Port Type
12.4.13.2 Rest of Asia-Pacific Smart Port Market By Technology
12.4.13.3 Rest of Asia-Pacific Smart Port Market By Element
12.4.13.4 Rest of Asia-Pacific Smart Port Market By Throughput Capacity
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Smart Port Market By Country
12.5.1.2 Middle East Smart Port Market By Port Type
12.5.1.3 Middle East Smart Port Market By Technology
12.5.1.4 Middle East Smart Port Market By Element
12.5.1.5 Middle East Smart Port Market By Throughput Capacity
12.5.1.6 UAE
12.5.1.6.1 UAE Smart Port Market By Port Type
12.5.1.6.2 UAE Smart Port Market By Technology
12.5.1.6.3 UAE Smart Port Market By Element
12.5.1.6.4 UAE Smart Port Market By Throughput Capacity
12.5.1.7 Egypt
12.5.1.7.1 Egypt Smart Port Market By Port Type
12.5.1.7.2 Egypt Smart Port Market By Technology
12.5.1.7.3 Egypt Smart Port Market By Element
12.5.1.7.4 Egypt Smart Port Market By Throughput Capacity
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Smart Port Market By Port Type
12.5.1.8.2 Saudi Arabia Smart Port Market By Technology
12.5.1.8.3 Saudi Arabia Smart Port Market By Element
12.5.1.8.4 Saudi Arabia Smart Port Market By Throughput Capacity
12.5.1.9 Qatar
12.5.1.9.1 Qatar Smart Port Market By Port Type
12.5.1.9.2 Qatar Smart Port Market By Technology
12.5.1.9.3 Qatar Smart Port Market By Element
12.5.1.9.4 Qatar Smart Port Market By Throughput Capacity
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Smart Port Market By Port Type
12.5.1.10.2 Rest of Middle East Smart Port Market By Technology
12.5.1.10.3 Rest of Middle East Smart Port Market By Element
12.5.1.10.4 Rest of Middle East Smart Port Market By Throughput Capacity
12.5.2. Africa
12.5.2.1 Africa Smart Port Market By Country
12.5.2.2 Africa Smart Port Market By Port Type
12.5.2.3 Africa Smart Port Market By Technology
12.5.2.4 Africa Smart Port Market By Element
12.5.2.5 Africa Smart Port Market By Throughput Capacity
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Smart Port Market By Port Type
12.5.2.6.2 Nigeria Smart Port Market By Technology
12.5.2.6.3 Nigeria Smart Port Market By Element
12.5.2.6.4 Nigeria Smart Port Market By Throughput Capacity
12.5.2.7 South Africa
12.5.2.7.1 South Africa Smart Port Market By Port Type
12.5.2.7.2 South Africa Smart Port Market By Technology
12.5.2.7.3 South Africa Smart Port Market By Element
12.5.2.7.4 South Africa Smart Port Market By Throughput Capacity
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Smart Port Market By Port Type
12.5.2.8.2 Rest of Africa Smart Port Market By Technology
12.5.2.8.3 Rest of Africa Smart Port Market By Element
12.5.2.8.4 Rest of Africa Smart Port Market By Throughput Capacity
12.6. Latin America
12.6.1 Latin America Smart Port Market By Country
12.6.2 Latin America Smart Port Market By Port Type
12.6.3 Latin America Smart Port Market By Technology
12.6.4 Latin America Smart Port Market By Element
12.6.5 Latin America Smart Port Market By Throughput Capacity
12.6.6 Brazil
12.6.6.1 Brazil Smart Port Market By Port Type
12.6.6.2 Brazil Smart Port Market By Technology
12.6.6.3 Brazil Smart Port Market By Element
12.6.6.4 Brazil Smart Port Market By Throughput Capacity
12.6.7 Argentina
12.6.7.1 Argentina Smart Port Market By Port Type
12.6.7.2 Argentina Smart Port Market By Technology
12.6.7.3 Argentina Smart Port Market By Element
12.6.7.4 Argentina Smart Port Market By Throughput Capacity
12.6.8 Colombia
12.6.8.1 Colombia Smart Port Market By Port Type
12.6.8.2 Colombia Smart Port Market By Technology
12.6.8.3 Colombia Smart Port Market By Element
12.6.8.4 Colombia Smart Port Market By Throughput Capacity
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Smart Port Market By Port Type
12.6.9.2 Rest of Latin America Smart Port Market By Technology
12.6.9.3 Rest of Latin America Smart Port Market By Element
12.6.9.4 Rest of Latin America Smart Port Market By Throughput Capacity
13 Company Profile
13.1 Wipro
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 IBM.
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Siemens.
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 TCS.
13.4.1 Company Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 General Electric.
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Accenture.
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Microsoft.
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Port of Rotterdam.
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 ABB.
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Navis.
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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