As the pace of digitization accelerates the shipping industry globally is also adopting technologies such as AI to make their processes more efficient and reduce costs. Governments across the world have also made efforts to support the development and deployment of innovative technologies and have launched multiple initiatives to promote cross border collaboration in the industry.
In addition to industry incumbents implementing digital technologies in their fleet, startups in the industry have also managed to gather traction owing to the eased entry barriers and the willingness of large private corporations and public sector to collaborate with new and small industry players.
In brief, this research service covers the following points:
- Technologies Enabling Smart Ships
- Country-Wise Technology Initiatives
- Drivers and Challenges
- Growth Opportunities