The maritime information market size is expected to reach US$ 2,808.87 million by 2028, registering at a CAGR of 6.2% from 2022 to 2028, according to a new research study conducted by The Insight Partners.
Digital transformation in the maritime industry has enabled users to collect vital information on the ownership, movement, specifications, and commercial activities of naval vessels. Maritime information solutions help ships adapt to rough sea conditions by monitoring multiple parameters, thus enabling users to make better strategic and operational decisions. In addition, these solutions offer benefits such as enhanced productivity and overall safety while ensuring the efficiency of maritime operations. Such factors are bolstering the Maritime Information Market size.
Maritime information solutions play an important role in ensuring the security of the economy; hence, these solutions are widely used by government agencies across the world. These solutions help various countries reduce maritime threats such as human trafficking, terrorist attacks, environmental destruction, and illegal immigration by sea. Furthermore, there has been a significant increase in the number of ships crossing the oceans due to the liberalization of world trade, which is boosting the demand for these solutions. In addition, the International Maritime Organization (IMO) has mandated all ships to have an Automatic Identification System (AIS) to monitor ship traffic and avoid collisions with other ships. Moreover, manufacturers in the maritime industry are funding research and development activities to achieve the ability to accurately detect signals from naval vessels. Such factors are bolstering the Maritime Information Market size.
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- BAE Systems Plc
- Spire Global
- Iridium Communications Inc
- L3Harris Technologies Inc
- Lockheed Martin Corp
- ORBCOMM Inc
- Saab AB
- Thales Group
- Windward Ltd
- Northrop Grumman Corp
Scope of the Report
The research on the Maritime Information market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Maritime Information market on the basis of end user, product type, application, and demography for the forecast period 2021-2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
The maritime information market is segmented on the basis of platform, application, and end-user. Based on platform, the market is bifurcated into on-shore and vessel. Based on application, the market is segmented into fleet management, vessel tracking, and maritime security. Based on end-user, the market is bifurcated into commercial and government.
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- Market Size & Forecast by Revenue | 2028
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography
- Competitive Landscape – Top key vendors and other prominent vendors.
Maritime Information Market Regional and Country-wise Analysis:
- North America (U.S., Canada, Mexico)
- Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
Major highlights of the report:
All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Study of niche industrial sectors
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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Contact Person: Sameer Joshi