A smart port uses technologies, including the Internet of Things (IoT), artificial intelligence (AI) and blockchain 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 amount of intelligent ports has gradually increased. This latest report by business intelligence provider Visiongain assesses that Smart Ports Market spending will reach $1.5 bn in 2019.