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Smart ports market to grow from $1.6B in 2025 to $7.3B by 2032, driven by IoT, AI, and blockchain tech.

Market News
19 May 2026
Researchandmarkets.Com
View Source
Bullish
pluang ai news

The global smart ports market is projected to expand from $1.6 billion in 2025 to $7.3 billion by 2032, growing at a CAGR of 23.6%. This growth is fueled by increasing global trade, demand for operational efficiency, and sustainability efforts. Smart ports use technologies like IoT, AI, and blockchain to optimize cargo handling, vessel traffic, and energy management, reducing costs and emissions. Key regions include the U.S., China, and Europe, with major players such as ABB and IBM driving innovation. The market outlook highlights the rising adoption of automation and digital infrastructure in maritime logistics.

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