Guest Join UsHey Guest,
Welcome, Join our awesome community where you can discuss on various topics :-
Some point about your community
Some point about your community
Some point about your community
Some point about your community
Some point about your community
Some point about your community
Some point about your community
Much More.. or Create an Account


{myadvertisements[zone_1]}
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Shipping industry to expand digital transformation with $38.4 billion investment
#1
Shipping industry to expand digital transformation with $38.4 billion investment

[url=https://guardian.ng/energy/son-operators-set-to-implement-energy-efficiency-standards-for-acs-refrigerators/][/url]

[Image: ship.jpg]shipping

The global maritime industry is on the verge of investing over $38.4 billion Information and Technology and digitization of the freight market in the next 28 years.

A new report on Information and Technology and digitization in the maritime industry, revealed that the market would expand at a CAGR of 10 per cent from 2019 to 2027, attributing the expected growth to increased importance and dependency on IT & digitization within the shipping industry.Over the forecast period, Asia Pacific is anticipated to grow rapidly in the digital transformation of maritime freight market, at 11per cent CAGR.

In terms of share, the digital transformation of maritime freight market is dominated by North America, followed by Europe. In the digital transformation of maritime freight market, the software solution segment was valued at $15.3 billion in 2017.According to the report, IT and digital transformation of the maritime freight industry has optimized operations and boosted the business of companies.

“It enables the market to move forward with a structured vision by the integration of business potential with networking. Carriers are installing IT systems in the digital transformation of maritime freight, to gradually enhance their business and sustain in this digitally-competitive world.

“The digital transformation of maritime freight has drastically improved the efficiencies of marine freight companies by enabling the integration of artificial intelligence technologies, blockchain, Internet of Things, and robotics with shipping models. These technologies help marine freight companies in long-term traffic forecasts and intelligent coordination models,” it stated.

In terms of region, the global digital transformation of maritime freight market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Reply
{myadvertisements[zone_3]}
#2
Smile 
Sooner or later, shipping will indeed adopt a digital system to make it easier for data collection and so on. we as people who work in shipping companies have to adapt and learn new things so as not to be left behind.
Reply
{myadvertisements[zone_3]}


Possibly Related Threads...
Thread Author Replies Views Last Post
  Dangote Cement To Pay Over ₦97 Billion In Corporate Tax For 2020 Financial Year Edoman 0 71 03-24-2021, 07:27 AM
Last Post: Edoman
  Union Bank Reports 1.2% Rise In Profit After Tax To ₦24.7 Billion In 2020 Edoman 0 62 03-19-2021, 07:18 AM
Last Post: Edoman
  Nigeria To Disconnect Niger, Benin Over ₦2.60 Billion Electricity Debt Edoman 0 73 03-02-2021, 12:40 AM
Last Post: Edoman
  SEC Seeks Regulation Of Digital Assets, Says $2 Trillion Crypto Can’t Be Ignored Edoman 0 75 02-22-2021, 05:17 PM
Last Post: Edoman
  FG To Borrow $1.2 Billion For Agricultural Mechanisation, Others Edoman 0 86 02-18-2021, 08:54 AM
Last Post: Edoman
  Oyo Risks Losing ₦76 Billion World Bank Funded Project To Another State Edoman 0 93 02-13-2021, 09:10 AM
Last Post: Edoman
  FEC Okays ₦35 Billion for NEPZA Power Station In Akamkpa, Crossriver Edoman 0 102 02-04-2021, 08:22 AM
Last Post: Edoman
  VAT: FG Rakes In ₦24.8 Billion From Bank Customers Edoman 0 101 01-30-2021, 10:43 AM
Last Post: Edoman



Users browsing this thread: 1 Guest(s)

{myadvertisements[zone_2]}

About contripeople

Contripeople forum description.

              Quick Links

              User Links

              Advertise