Press release
Smart Ports Market to Reach USD 29.3 Billion by 2035 Driven by AI, IoT and Sustainable Port Infrastructure
Wilmington, DE, USA, May 15, 2026 - According to the report, the global smart ports market is likely to grow from USD 2.9 Billion in 2024 to USD 29.3 Billion in 2035 at a highest CAGR of 23.6% during the time period.The innovations in digital twin technology, the port operations over 5G, and the cybersecurity concern in maritime logistics lead the overseas expansion of the Smart Ports Market. Ports use real-time analytics for IoT sensors and edge computing to process container tracking, minimize dwell time, and undertake predictive maintenance.
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Major Key Players in Smart Ports Market
• ABB Ltd.
• Cisco Systems, Inc.
• Ericsson
• General Electric (GE)
• Huawei Technologies Co., Ltd.
• IBM Corporation
• Kalmar (Cargotec Corporation)
• Konecranes
• Siemens AG
• Trelleborg AB
• Wipro Limited
• ZPMC (Shanghai Zhenhua Heavy Industries)
• Other Key Players
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Latest Industry News & Market Trends in Smart Ports Market
Kalmar Launches Vendor-Agnostic Smart Port Automation Platform
In May 2025, Kalmar (Cargotec) introduced Kalmar One, an advanced terminal automation platform designed to integrate AI-powered fleet coordination, analytics, and automation controls across cranes, terminal tractors, and straddle carriers irrespective of equipment manufacturer. The solution enables centralized operational visibility, scalable automation deployment, and optimized cargo throughput while reducing vendor dependency for port operators.
Rising Adoption of Green and Sustainable Port Technologies
Global ports are increasingly investing in sustainable digital infrastructure and emission-reduction technologies to meet environmental regulations and ESG targets. Smart energy systems, shore power integration, emission monitoring dashboards, and digital twin technologies are being deployed to improve energy efficiency and reduce carbon footprints across maritime operations.
For instance, Siemens implemented the Siharbor shore power system at the Port of Hamburg, enabling ships to connect to the electrical grid while docked and significantly reducing fossil fuel emissions.
Regional Analysis of Global Smart Ports Market
Europe is observed with a leading growth rate in the smart ports market due to sustainability mandates as well as various digital transformation policies funded by the EU. In line with the agenda of the European Union to decarbonize maritime logistics, ports have successfully integrated various green technologies in their operation levels, including electric cranes, shore power generation, and automated systems. The process involves furthering the usage of blockchain and AI in ports to enable better transparency and efficiency in port logistics. For instance, in February 2025, the Port of Valencia in Spain, in collaboration with IBM, started a blockchain initiative to track cargo and limit fraud under the EU Green Deal. Thus, these environmentally-impelled strategies are currently fast-tracking the smart port development in Europe.
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Global Smart Ports Market Segmentation
By Technology
• Internet of Things (IoT)
• Artificial Intelligence (AI) & Machine Learning (ML)
• Blockchain
• Digital Twin Technology
• 5G & Edge Computing
• Big Data & Advanced Analytics
• Cloud Computing
By Port Type
Seaports
• Container Ports
• Bulk Cargo Ports
• Oil & LNG Terminals
Inland Ports
• River Ports
• Rail-Connected Dry Ports
Hybrid Ports
• Multimodal Smart Logistics Hubs
• Gateway Ports with Intermodal Connectivity
By End User
• Port Authorities
• Logistics and Shipping Companies
• Third-party Service Providers
• Others
Contact:
Mr. Debashish Roy
MarketGenics Global Research
800 N King Street, Suite 304 #4208, Wilmington, DE 19801, United States
USA: +1 (302) 303-2617
Email: sales@marketgenics.co
Website: https://marketgenics.co
About MarketGenics
MarketGenics is a global market research and business advisory firm empowering decision-makers across startups, Fortune 500 companies, non-profit organizations, universities, and government institutions. The company delivers comprehensive market intelligence, industry analysis, and strategic insights across diverse sectors.
MarketGenics publishes detailed industry research reports combining granular quantitative analysis with expert insights on market trends, competitive landscapes, and emerging opportunities. These reports help organizations make informed strategic decisions, identify growth opportunities, and support sustainable business development.
In addition to research publications, MarketGenics supports organizations with strategic insights on product development, application modeling, market expansion strategies, and identifying niche growth opportunities.
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