Mexico Smart Port Market Size & Outlook, 2020-2027

The smart port market in Mexico is expected to reach a projected revenue of US$ 487.7 million by 2027. A compound annual growth rate of 26.3% is expected of Mexico smart port market from 2021 to 2027.
Revenue, 2020 (US$M)
$95.3
Forecast, 2027 (US$M)
$487.7
CAGR, 2021 - 2027
26.3%
Report Coverage
Mexico

Mexico smart port market highlights

  • The Mexico smart port market generated a revenue of USD 95.3 million in 2020 and is expected to reach USD 487.7 million by 2027.
  • The Mexico market is expected to grow at a CAGR of 26.3% from 2021 to 2027.
  • In terms of segment, process automation was the largest revenue generating technology in 2020.
  • Blockchain is the most lucrative technology segment registering the fastest growth during the forecast period.


Smart port market data book summary

Market revenue in 2020USD 95.3 million
Market revenue in 2027USD 487.7 million
Growth rate26.3% (CAGR from 2020 to 2027)
Largest segmentProcess automation
Fastest growing segmentBlockchain
Historical data2017 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationProcess automation, Blockchain, IoT, Artificial intelligence
Key market players worldwideABB Ltd, Trelleborg AB ADR, Accenture PLC Class A, International Business Machines Corp, Royal Haskoning DHV, Port of Rotterdam, Ramboll, Abu Dhabi Ports Company, Navis, Awake.AI


Other key industry trends

  • In terms of revenue, Mexico accounted for 4.9% of the global smart port market in 2020.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2027.
  • In Latin America, Mexico smart port market is projected to lead the regional market in terms of revenue in 2027.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 487.7 million by 2027.

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Smart Port Market Companies

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Mexico smart port market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart port market will help companies and investors design strategic landscapes.


Process automation was the largest segment with a revenue share of 34.63% in 2020. Horizon Databook has segmented the Mexico smart port market based on process automation, blockchain, iot, artificial intelligence covering the revenue growth of each sub-segment from 2017 to 2027.


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  • Our clientele includes a mix of smart port market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico smart port market , including forecasts for subscribers. This country databook contains high-level insights into Mexico smart port market from 2017 to 2027, including revenue numbers, major trends, and company profiles.

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Mexico smart port market size, by technology, 2017-2027 (US$M)

Mexico Smart Port Market Outlook Share, 2020 & 2027 (US$M)

Mexico smart port market size, by technology, 2017-2027 (US$M)

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