Smart Ports Market Worth $5.3 Billion by 2024 - Exclusive RePort by MarketsandMarkets™ - 0 views
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Almira Coyne on 06 Aug 20the Global Smart Ports Market is projected to reach USD 5.3 billion by 2024 from an estimated USD 1.7 billion in 2019, at a CAGR of 25.0% during the forecast period. This growth can be attributed to factors such as an increasing introduction of green initiatives and the requirement of Ports to comply with the environmental regulations that have been implemented by the governments of several nations. The usage of big data and cloud computing to cut down the carbon emissions and at the same time, boost internal operational efficiency is a major driving force for the market.