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The global smart ports market is set to reach $16 billion by 2033, surging ahead at 20.4 percent CAGR from 2023 to 2033. Growing trade activities and the rising trend of automation throughout industries are reportedly driving the worldwide smart ports market. Asia Pacific is leading the worldwide smart ports market due to the presence of multiple ports with higher throughput capacity in the region, while North America and Europe are also experiencing growth as a result of increased investments by local governments to improve port infrastructure.
