Smart Ports Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
A smart port refers to an automated port that utilizes innovative technologies namely the Internet of Things (IoT), artificial intelligence (AI), and Blockchain to augment its performance.
Smart port uses advanced technologies such as artificial intelligence and blockchain technologies to automate cargo handling processes, port community system (PCS), and traffic-monitoring systems. Smart ports can also improve environmental sustainability by adopting AI tools and big data analytic solutions in the waste management system of ports. Moreover, AI-based solutions can also be used in the port logistics and supply-chain security to minimize the security risks such as smuggling of unauthorized products and substances.
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- Last Updated
- March 11, 2021