Connect with us

Technology

The harbor management software market is projected to grow by USD 25.46 Million from 2024-2028, with AI impacting trends and rising cloud adoption boosting growth – Technavio

Published

on

NEW YORK, Sept. 25, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Global Harbor Management Software Market size is estimated to grow by USD 25.46 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 7.81%  during the forecast period. Growing adoption of cloud-based harbor management software is driving market growth, with a trend towards emergence of digitalization and IOT integration  However, lack of training in harbor management software  poses a challenge – Key market players include Accel KKR, DockMaster, George James Software Ltd., Harba ApS, Harbour Assist, Harbour Mastery Inc., Havenstar MMS Ltd., J.F. Brennan Company Inc., James Fisher and Sons Plc, Leonardo Spa, Marina Master, Mission Critical Software LLC, Nautical Software Solution, Online Mooring LLC, Pacsoft International Ltd., Saab AB, Scribble Software Inc., Tallykey AS, TPG Marine Enterprises LLC, and Wartsila Corp..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Harbor Management Software Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.81%

Market growth 2024-2028

USD 25.46 th

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.24

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 38%

Key countries

US, UK, Japan, China, and Italy

Key companies profiled

Accel KKR, DockMaster, George James Software Ltd., Harba ApS, Harbour Assist, Harbour Mastery Inc., Havenstar MMS Ltd., J.F. Brennan Company Inc., James Fisher and Sons Plc, Leonardo Spa, Marina Master, Mission Critical Software LLC, Nautical Software Solution, Online Mooring LLC, Pacsoft International Ltd., Saab AB, Scribble Software Inc., Tallykey AS, TPG Marine Enterprises LLC, and Wartsila Corp.

Market Driver

The harbor management software market is witnessing a notable trend with the integration of digitalization and IoT technology. This shift is transforming how ports and maritime operations are managed. Real-time data collection from IoT sensors deployed across ports and vessels is driving this trend. Data on vessel movements, cargo handling, weather conditions, environmental parameters, and equipment performance is gathered. Harbor management software utilizes this data to deliver valuable insights, enabling informed decisions regarding resource allocation, vessel scheduling, and maintenance activities. IoT sensors on port assets and vessels monitor their condition and performance, predicting maintenance needs and reducing downtime. Additionally, IoT devices and sensors enhance port safety and security by detecting unauthorized access, intrusions, and potential hazards. Harbor management software incorporates these security features, ensuring comprehensive monitoring and response capabilities. Digitalization and IoT integration are expected to fuel market expansion throughout the forecast period.

Harbor management software is a vital tool for the maritime business, enhancing operational efficiency and reducing costs for import/export firms, cargo carriers, and new ports. With the rise of free trade agreements, containerization transport, and emission laws, the need for effective harbor management software is more crucial than ever. The software helps manage policies related to conflict zones, freight security, and sea routes, ensuring compliance and safety. Digital transformation is a significant trend in the harbor management software market, with AI and big data playing essential roles. Operational cost savings, shipyard productivity, and supply chain operations are key benefits. Environmental impact is also a consideration, with cybersecurity measures essential to protect ship management data from cyber attacks. Moderate competition exists among software providers, offering on-premise and cloud deployment modes to cater to various business sizes, from SMEs to large transportation services. Additional features include vessel tracking, ship broker services, and warehouse management systems, integrating cargo information and digital technologies to streamline operations. Boatyards, marinas, boat dealers, and maritime surveillance are also served by this software market. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

Harbor management software plays a crucial role in optimizing the operations of ports and terminals. However, the implementation of this technology in enterprises can be intricate, necessitating extensive user training. This training process can delay the extraction of essential information, thereby decreasing harbor efficiency. Developing countries, such as China and Brazil, face challenges in adopting harbor management software due to a shortage of trained personnel. Moreover, local vendors in these regions are often unaware of the software’s benefits and lack the expertise to maximize its potential usage. Consequently, the scarcity of skilled professionals is a significant barrier to the growth of the harbor management software market during the forecast period.The Harbor Management Software market faces moderate competition from various players offering solutions for warehousing, vessel tracking, ship brokers, digital transformation, and supply chain operations. Boat yards, marinas, and boat dealers also utilize these systems for managing their productivity and workforce. Cargos and shipping logistics are key focus areas, with global supply chains requiring real-time cargo information and transportation services. Environmental impact is a growing concern, driving the adoption of digital technologies like AI and Big Data. Cybersecurity measures are essential to protect ship management data from cyber attacks. Deployment modes include On-Premise and Cloud, catering to both SMEs and large enterprises. Additionally, crew management, harbor and port management, reservation management, and warehouse management systems are integral parts of this market.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview

This harbor management software market report extensively covers market segmentation by

End-user 1.1 SMEs1.2 Large enterpriseDeployment 2.1 On-premises2.2 CloudGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 SMEs-  Harbor management software is an essential tool for Small and Medium Enterprises (SMEs) in the maritime industry. This software streamlines operations, minimizing manual paperwork and administrative tasks, leading to cost savings through improved resource allocation and overall efficiency. Real-time information on vessel arrivals, departures, berth availability, and cargo handling enhances customer service, resulting in increased satisfaction and repeat business. Data-driven decision-making is crucial, and software collects and analyzes operational data, enabling informed decisions, optimized routes, and planned maintenance. Scalability and flexibility are vital as SMEs grow. Mobile access ensures responsiveness and agility in the dynamic maritime industry. Additionally, safety and security are enhanced with access control and surveillance integration. The industry’s growing focus on environmental sustainability is addressed through optimized routes, reduced idle times, and managed fuel consumption. These benefits promote SME growth, driving the harbor management software market’s expansion during the forecast period.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

Harbor management software plays a crucial role in the maritime business by streamlining operations for import/export firms, cargo carriers, and new ports. This software enhances operational efficiency and reduces costs through real-time tracking of shipments, automation of processes, and optimization of containerization transport. New free trade agreements and emission laws necessitate the digital transformation of harbor management, making it essential for supply chain operations, shipyard productivity, and workforce management. Containerized transport, shipping logistics, and global supply chains benefit from harbor management software, which also considers the environmental impact of maritime activities. AI and big data are integral to modern harbor management systems, enabling predictive maintenance, cybersecurity measures against cyber attacks, and improved communication between stakeholders. Additionally, boatyards, marinas, boat dealers, and ship management data can also be managed through these advanced systems.

Market Research Overview

Harbor management software plays a crucial role in the maritime business by streamlining operations for import/export firms, cargo carriers, and new ports. This software enhances operational efficiency and reduces costs through real-time cargo tracking, vessel scheduling, and automation of administrative tasks. New ports and free trade agreements expand the market, while containerization transport, emission laws, and policies pose challenges. Digital transformation, supply chain operations, and shipyard productivity are key areas of focus. Sea routes, maritime surveillance, and freight security are essential aspects of harbor management software. Moderate competition exists among software providers, with offerings including crew management, harbor and port management, reservation management, and warehouse management systems. Digital technologies such as AI, big data, and cybersecurity measures are increasingly important in this market. The market caters to both SMEs and large enterprises, with deployment modes including on-premise and cloud solutions. Other applications include boatyards, marinas, boat dealers, ship management data, transportation services, and digital technologies for shipbrokers. Environmental impact, crew management, and ship management data are critical concerns for stakeholders.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userSMEsLarge EnterpriseDeploymentOn-premisesCloudGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-harbor-management-software-market-is-projected-to-grow-by-usd-25-46-million-from-2024-2028–with-ai-impacting-trends-and-rising-cloud-adoption-boosting-growth—technavio-302257140.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Qued Partners with Don Hummer Trucking to Bring AI-Powered Smart Appointments to a Family Fleet Trusted for More Than 70 Years

Published

on

By

Family-owned Iowa truckload carrier has confirmed more than 10,000 appointments through Qued, with email scheduling handled at a 98.8% success rate

BROADLANDS, Va., July 21, 2026 /PRNewswire-PRWeb/ — Qued, a leader in developing sophisticated, automated appointment scheduling solutions for supply chain and logistics companies, today announced a strategic partnership with Don Hummer Trucking Corporation, a family-owned interstate truckload carrier trusted by some of the nation’s most recognizable brands. Don Hummer Trucking has deployed Qued’s Smart Appointments platform to automate appointment scheduling across its operations, taking manual booking work off the desks of the people who keep its trucks moving.

Every load delivered safely and on time carries the opportunity to earn our customer’s trust. Qued took a job that used to eat hours of our team’s day and quietly handles it in the background.

The numbers behind the announcement:

More than 10,000 appointments confirmed through Qued94.2% confirmation rate98.8% success rate on email-based scheduling

Qued’s platform selects the best appointment slots in real time, weighing ETAs, facility capacity, historical performance, and the specific requirements of each location. It connects directly to the transportation management system a carrier already runs, and it works on every channel a facility can require: web portals, email, and AI-powered voice calls. At Don Hummer Trucking, email scheduling has been the standout, with Qued handling email-based appointment requests at a 98.8% success rate.

“Don Hummer Trucking is the kind of company this industry is built on. The president holds a CDL and delivers loads. The family name rides on every trailer,” said Tom Curee, President of Qued. “When a three-generation fleet with that much on the line trusts Qued with its appointments, we take it seriously. Hummer’s confirmation numbers show what disciplined operators get when real automation goes to work on scheduling.”

“Every load delivered safely and on time carries the opportunity to earn our customer’s trust. Qued took a job that used to eat hours of our team’s day and quietly handles it in the background. Confirmations happen, trucks keep moving, and our people stay focused on drivers and customers,” said Jake Von Feldt, Vice President of Finance at Don Hummer Trucking.

Don Hummer Trucking joins a growing roster of asset-based carriers on Qued, from family fleets to some of the largest carriers in North America.

About Qued:

Qued is a cloud-based, AI-powered smart workflow automation platform transforming load appointment scheduling for brokers, 3PLs, and carriers. By automating the scheduling process, Qued eliminates manual work, simplifies multi-stop load appointments, and ensures seamless coordination across the supply chain, improving both operational efficiency and customer satisfaction. For more information, visit www.qued.com or contact us at contact.us@qued.com.

About Don Hummer Trucking:

Don Hummer Trucking Corporation is a family-owned and operated, for-hire interstate truckload carrier headquartered in Cedar Rapids, Iowa, with terminal operations in Homestead, Iowa. The Hummer name has been trusted in freight transportation for more than 70 years, and the company today serves many of the largest shippers in the country. For more information, visit www.donhummertrucking.com.

Media Contact

Adam Robinson, The Robinson Agency, 1 2148720780, adam@the-robinson-agency.com, The Robinson Agency 

View original content to download multimedia:https://www.prweb.com/releases/qued-partners-with-don-hummer-trucking-to-bring-ai-powered-smart-appointments-to-a-family-fleet-trusted-for-more-than-70-years-302830398.html

SOURCE Qued

Continue Reading

Technology

Bank of America Enhances EricaAssist with Generative AI to Help Employees Resolve Client Needs Faster

Published

on

By

New AI capabilities deliver relevant insights in seconds, helping employees provide more personalized client service in real-time

Key takeaways

More than 18,000 employees use EricaAssist as a human-assisted AI agent to help serve clients.
New Generative AI (Gen AI) capabilities deliver contextual guidance in under three seconds, helping resolve client needs faster and supporting decision making by customer service representatives.
EricaAssist reduces average call times by nearly one minute per interaction, improving efficiency and client experience.

CHARLOTTE, N.C., July 21, 2026 /PRNewswire/ — Bank of America (BofA) today announced enhancements to EricaAssist, its human assisted AI agent that supports employees during client conversations, delivering real time insights that help resolve client needs faster while keeping the employee at the center of the experience.

Used by more than 18,000 customer service representatives, EricaAssist works alongside employees during calls – summarizing and surfacing relevant guidance in real time – so employees can focus on listening to and understanding clients, explaining solutions, and building stronger relationships. The enhancements are making our human agents better and providing our customers with an improved and more efficient experience.

“EricaAssist reflects our high tech, high touch approach,” said Ashley Ross, Head of Consumer Client Experience and Business Transformation at Bank of America. “By combining human judgment with real time AI guidance, we’re helping employees navigate complex topics more easily and serve clients more effectively in the moments that matter most.”

Bank of America customer service representatives use generative AI capabilities within EricaAssist to summarize why a client is calling, pull together relevant information, and recommend next steps based on the employee’s role and the client’s relationship with the bank – all without interrupting the flow of the conversation.

“This technology helps our teammates deliver relevant insights in seconds, while operating with strong governance, transparency, and accountability,” said Tom Ellis, Chief Information Officer and Head of Consumer Technology at Bank of America.

Later this year, Bank of America plans to expand EricaAssist to support additional servicing scenarios and business lines.

Frequently asked questions

Question: Why enhance EricaAssist with GenAI capabilities?

Answer: Enhancing EricaAssist reflects the bank’s focus on continuously improving how employees access and deliver personalized guidance and resolve client needs faster.

Question: How do EricaAssist enhancements reflect Bank of America’s broader investments in technology?

Answer: Bank of America spends $14 billion annually on technology, of which more than $4 billion is allocated to new initiatives, including AI. These ongoing investments, combined with our high-tech, high-touch approach, continue to enhance our client experiences across all channels and to drive operational efficiencies across the company.

Question: Why blend AI with employee decision making?

Answer: Our responsible AI strategy ensures human oversight, transparency, and accountability for all outcomes. By leveraging AI at scale across our global operations, we are optimizing performance and improving client experiences. EricaAssist works alongside employees, supporting their decision-making and service. Employees ensure clients receive thoughtful guidance, with AI operating within established governance and oversight.

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact
Catherine Page, Bank of America
Phone: 1.704.519.7314
catherine.page@bofa.com

Don Vecchiarello, Bank of America
Phone: 1.980.387.4899
don.vecchiarello@bofa.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-enhances-ericaassist-with-generative-ai-to-help-employees-resolve-client-needs-faster-302831047.html

SOURCE Bank of America Corporation

Continue Reading

Technology

Sonilo and fal Launch Sound Effects 1.0 for Realistic Sound Effects from Video and Text

Published

on

By

Exclusive API co-launch brings Video-to-Sound Effects and Text-to-Sound Effects generation to developers through fal

SAN FRANCISCO, July 21, 2026 /PRNewswire/ — Sonilo, a generative audio company building video-native sound and music models, and fal, the generative media platform for developers and enterprises, today announced the launch of Sonilo Sound Effects 1.0, a new model that generates highly realistic sound effects from video or text.

With video input, Sound Effects 1.0 analyzes what is happening on screen and generates one finished audio track synced to the motion, timing and scene. With text input, developers and creators can describe a specific sound effect and generate it directly.

fal will serve as the model’s exclusive API launch partner during its initial launch period, providing developers with day zero access through fal’s production-ready infrastructure.

Sound Effects 1.0 is designed to address one of the most persistent gaps in AI video production: footage can look complete while still requiring significant manual work before it sounds complete.

When given a video, the model analyzes on-screen motion, scene context, environments, and timing before generating audio that follows what is happening on screen.

Instead of returning a collection of disconnected audio assets that still need to be placed and aligned one by one, Sound Effects 1.0 can produce a synchronized audio track that is ready to review, refine and add to the edit.

“Sound effects only work when they feel like they belong in the scene,” said Trista Hong, Co-Founder of Sonilo. “Sound Effects 1.0 was built around that complete problem: understanding the footage, generating realistic audio, and synchronizing it automatically. We’re excited to launch it together with fal and bring video-native sound into real production workflows.”

A Sound Model Built Around the Video

Traditional sound-design workflows typically begin outside the footage. Editors search sound libraries, preview multiple assets, place them on a timeline, align each effect to the appropriate frame, adjust levels and repeat the process across every action in the scene.

Sound Effects 1.0 begins with the video itself.

The model uses the footage as both a source of semantic information and the timing foundation for the generated audio. It determines what is happening in the scene, what sounds are appropriate for those events and when those sounds should occur.

This video-native approach is particularly useful for scenes containing multiple actions, transitions, impacts and environmental details. Rather than requiring creators to build the sound layer one asset at a time, the model can generate audio around the structure of the footage as a whole.

Sound Effects 1.0 supports video inputs of up to three minutes, making it suitable for short-form content, advertisements, gaming footage, product videos and longer narrative scenes.

Automatic Generation When Speed Matters, Prompt Control When Direction Matters

Sound Effects 1.0 supports two complementary generation workflows.

Video-to-Sound-Effects analyzes uploaded footage and generates sound effects matched to its visible actions, environments and timing.

Text-to-Sound-Effects generates specific standalone sounds from written descriptions, giving creators and developers direct control when they need a particular audio asset.

Prompts are optional in the video workflow. Users can allow the model to interpret footage automatically or provide a prompt requesting a particular sound, emphasis or creative direction.

The prompt helps shape what the model generates, while the video continues to determine when the sound should occur.

This gives users two practical modes of working: automatic sound generation when speed and coverage are the priority, and prompt-guided generation when a scene requires more precise creative control.

Bringing Video-Native Sound Generation to Developers through fal

The co-launch gives developers access to Sound Effects 1.0 through fal’s generative media infrastructure, allowing video-conditioned sound generation to be incorporated directly into products and production workflows.

Developers can use the model to build synchronized sound generation into:

AI video editors and generation platforms;Short-form and social video tools;Advertising and branded-content workflows;Game prototypes, gameplay videos and cinematics;Film and narrative-production pipelines; andMultimodal creator products that combine video, music and sound.

“We’re entering a new era where AI applications don’t just generate assets, they produce complete experiences,” said Tina Sang, Head of Marketing at fal. “Sound is fundamental to making those experiences believable. Sonilo Sound Effects 1.0 helps developers generate context-aware, synchronized audio that matches what’s happening on screen, and we’re very excited to bring it to fal, day zero.”

The integration is designed to let teams move from initial testing to product deployment without building and operating a separate model-serving stack. Developers can access the model through fal’s API and developer tooling while keeping sound generation inside the same environment as their broader generative media workflows.

Expanding the Sonilo and fal Partnership

The launch expands an existing relationship between Sonilo and fal.

Sonilo Music v1.1 is already available through fal, giving developers access to both Video-to-Music and Text-to-Music generation. Sound Effects 1.0 extends that integration from generated music into highly realistic, video-conditioned sound effects.

Using the same source footage, creators and developers can generate sound effects around visible actions and environments, then generate music informed by the video’s pacing, scene changes, mood and timing.

This creates a broader video-first audio workflow in which a single video can serve as the timing foundation for both sound design and music. Sound effects can follow what happens on screen, while music can follow the emotional and structural movement of the edit.

By connecting both layers around the source footage, Sonilo aims to reduce manual synchronization, repetitive asset placement and unnecessary switching between separate audio tools.

Built for Real Production Workflows

For AI video creators, Sound Effects 1.0 can add action cues, environmental details, movement and transitions to generated footage that otherwise arrives without usable audio.

For high-volume creators and gaming channels, the model can reduce repetitive timeline work across content requiring dense sound design, including impacts, interface sounds, room tone and movement.

For filmmakers and narrative teams, it can generate scene-level elements such as footsteps, doors, physical interactions and ambience directly from an edit.

For brands and advertising teams, it can produce precisely timed audio around product interactions, camera transitions, packaging moments and visual reveals.

For platforms and API products, it provides a way to add video-conditioned sound generation without requiring users to leave the product and assemble audio in a separate editing workflow.

About Sonilo

Sonilo builds video-native generative audio models for creators, developers and media platforms. Its technology generates music and sound effects directly from footage or text, helping teams bring audio into the video-creation workflow and reduce manual timeline work. Sonilo is headquartered in San Francisco and backed by B Capital.

Learn more at https://sonilo.com/.

About fal

fal is a generative media platform that provides developers with access to the world’s best generative image, video, and audio models through a unified API. Trusted by over 2.5 million developers and leading companies, fal offers the fastest inference engine for diffusion models, on-demand serverless GPUs, and dedicated compute clusters for frontier research. Learn more at fal.ai.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sonilo-and-fal-launch-sound-effects-1-0-for-realistic-sound-effects-from-video-and-text-302830490.html

SOURCE Sonilo

Continue Reading

Trending