U.S. Smart Port Market Size & Outlook, 2020-2027
U.S. smart port market, 2017-2027 (US$M)
Related Markets
U.S. smart port market highlights
- The U.S. smart port market generated a revenue of USD 232.4 million in 2020 and is expected to reach USD 1,730.2 million by 2027.
- The U.S. market is expected to grow at a CAGR of 33.2% 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 2020 | USD 232.4 million |
| Market revenue in 2027 | USD 1,730.2 million |
| Growth rate | 33.2% (CAGR from 2020 to 2027) |
| Largest segment | Process automation |
| Fastest growing segment | Blockchain |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Process automation, Blockchain, IoT, Artificial intelligence |
| Key market players worldwide | ABB 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, U.S. accounted for 11.9% 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 North America, U.S. smart port market is projected to lead the regional market in terms of revenue in 2027.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,730.2 million by 2027.
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Smart Port Market Scope
Smart Port Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 34.77% in 2020. Horizon Databook has segmented the U.S. 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. smart port market , including forecasts for subscribers. This country databook contains high-level insights into U.S. smart port market from 2017 to 2027, including revenue numbers, major trends, and company profiles.
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U.S. smart port market size, by technology, 2017-2027 (US$M)
U.S. Smart Port Market Outlook Share, 2020 & 2027 (US$M)
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