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Smart port

A smart port uses technologies, including the Internet of Things (IoT) and artificial intelligence (AI) to be more efficient at handling goods. Smart ports usually deploy cloud-based software as part of the process of greater automation to help generate the operating flow that helps the port work smoothly. At present, most of the world's ports have somewhat embedded technology, if not for full leadership. However, thanks to global government initiatives and exponential growth in maritime trade, the number of intelligent ports has gradually increased. A report by business intelligence provider Visiongain assessed that Smart Ports Market spending would reach $1.5 bn in 2019.