Global Maritime Information Market Overview
According to SPER Market Research, the Global Maritime Information Market is estimated to reach USD 4.07 billion by 2033 with a CAGR of 8.76%.
For centuries, maritime navigation has served various purposes, including trade, travel, and security. With the emergence of digital transformation in marine navigation, users can now gather critical information about port and water body activities. Maritime information solutions enable vessels to adapt to changing sea conditions by monitoring several parameters, which facilitate better operational and strategic decision-making for users and organizations. Additionally, these solutions offer benefits such as improving overall productivity and safety while ensuring efficiency in marine operations. They are therefore utilized to gather information about the ownership, movements, specifications, and commercial activities of naval vessels.
Exploring the Growth Drivers of the Global Maritime Information Industry.
The global maritime information industry has experienced significant growth in recent years, which can be attributed to several drivers. One key factor is the adoption of technological advancements such as digitalization, and machine learning, which have facilitated the development of new and improved maritime information solutions. Another growth driver is the increase in global trade, with maritime information solutions playing a crucial role in optimizing shipping operations and enhancing supply chain visibility. Maritime security has also become a major concern, leading to the use of information solutions for monitoring vessel movements and detecting potential security threats. Additionally, there is a rising demand for environmentally sustainable practices, with solutions being employed to track emissions and reduce the environmental impact of shipping operations.
What challenges does the Global Maritime Information Market face?
Despite the significant growth and potential of the global maritime information market, there are several challenges that the industry faces. One of the major challenges is the lack of standardization and interoperability among the different maritime information systems and solutions. This can lead to inefficiencies, increased costs, and difficulty in integrating different systems. Another challenge is the high cost of implementing and maintaining maritime information systems, which can be a barrier to adoption for some organizations. Additionally, cybersecurity threats pose a significant challenge, as the maritime industry is vulnerable to cyber-attacks that can disrupt operations and compromise sensitive data. Finally, regulatory challenges, such as compliance with data protection and privacy regulations, can also impact the industry.
In what ways has the COVID-19 pandemic affected Global Maritime Information Market?
The global marine trade and transportation industry experienced lasting impacts as a result of the COVID-19 pandemic. Pandemic-related restrictions had a negative effect on ports, shipping operations, and supply chains. Marine vessel operators encountered numerous challenges such as shortages of raw materials, delays in lead-times, cancelled sailings, port closures, reduced operating hours at ports, equipment and labour scarcities, and restrictions on transportation capacity during the crisis. These difficulties significantly disrupted transportation services and threatened the seamless functioning of supply chains and trade flows. In response to the COVID-19 crisis, the maritime industry in multiple nations and regions issued several port marine circulars.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033
|
| Segments covered | By Application, By End-User
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
| Companies Covered | BAE Systems Pic, Fujitsu Limited, Iridium Communications Inc, L3Harris Technologies Inc, Lockheed Martin Corp, Northrop Grumman Corp, Oneocean, ORBCOMM Inc, Polestar, Saab AB, Siemens AG, Spire Global, Thales Group, Windward Ltd
|
Key Target Audience:
- Government Agencies
- Shipping Companies
- Post authorities
- Maritime Service Providers
- Logistics and Transportation Companies
Global Maritime Information System Market Segmentation:
1. By Application:
- Global Maritime Information Market Value Share and Forecast, By Application, 2023-2033
- AIS (3UAutomatic Identification System)
- Maritime Information Analytics
- Maritime Information Provision
- Satellite Imaging
- Synthetic Aperture Radar
- Vessel Identification and Tracking
- Others
2. By End Use:
- Global Maritime Information Market Value Share and Forecast, By End Use, 2023-2033
- Commercial
- Government
3. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Global Maritime Information Market Size (FY’2023-FY’2033)
- Overview of Global Maritime Information Market
- Segmentation of Global Maritime Information Market By Application (Automatic Identification System, Maritime Information Analytics, Maritime Information Provision, Satellite Imaging, Synthetic Aperture Radar, Vessel Identification and Tracking, Others)
- Segmentation of Global Maritime Information Market By End-User (Commercial, Government)
- Statistical Snap of Global Maritime Information Market
- Growth Analysis of Global Maritime Information Market
- Problems and Challenges in Global Maritime Information Market
- Competitive Landscape in the Global Maritime Information Market
- Impact of COVID-19 and Demonetization on Global Maritime Information Market
- Details on Recent Investment in Global Maritime Information Market
- Competitive Analysis of Global Maritime Information Market
- Key Players in the Global Maritime Information Market
- SWOT Analysis of Global Maritime Information Market
- Global Maritime Information Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Maritime Information Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Maritime Information Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Maritime Information Market
7. Global Maritime Information Market, Application (USD Million)
7.1. Global Maritime Information Market Value Share and Forecast, By Application, 2023-2033
7.2. AIS (3UAutomatic Identification System)
7.3. Maritime Information Analytics
7.4. Maritime Information Provision
7.5. Satellite Imaging
7.6. Synthetic Aperture Radar
7.7. Vessel Identification and Tracking
7.8. Others
8. Global Maritime Information Market, By End Use (USD Million)
8.1. Global Maritime Information Market Value Share and Forecast, By End Use, 2023-2033
8.2. Commercial
8.2.1. Business Intelligence
8.2.2. Commercial Fishing
8.2.3. Commercial Offshore
8.2.4. Commercial Shipping
8.2.5. Hydrographic and Charting
8.2.6. Port Management
8.2.7. Others
8.3. Government
8.3.1. Defence
8.3.2. Government Agency
8.3.3. Intelligence and Security
8.3.4. Search and Rescue
8.3.5. Others
9. Global Maritime Information Market Forecast, 2019-2033 (USD Million)
9.1. Global Maritime Information Market Size and Market Share
10. Global Maritime Information Market, By Application, 2019-2033 (USD Million)
10.1. Global Maritime Information Market Size and Market Share By Application (2019-2026)
10.2. Global Maritime Information Market Size and Market Share By Application (2027-2033)
11. Global Maritime Information Market, By End User, 2019-2033 (USD Million)
11.1. Global Maritime Information Market Size and Market Share By End User (2019-2026)
11.2. Global Maritime Information Market Size and Market Share By End User (2027-2033)
12. Global Maritime Information Market, By Region, 2019-2033 (USD Million)
12.1. Global Maritime Information Market Size and Market Share By Region (2019-2026)
12.2. Global Maritime Information Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. BAE Systems PIc
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Fujitsu Limited
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Iridium Communications Inc
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. L3Harris Technologies Inc
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Lockheed Martin Corp
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Northrop Grumman Corp
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Oneocean
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. ORBCOMM Inc
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Polestar
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Saab AB
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Siemens AG
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Spire Global
13.13. Thales Group
13.13.1. Company details
13.13.2. Financial outlook
13.13.3. Product summary
13.13.4. Recent developments
13.14. Windward Ltd
13.14.1. Company details
13.14.2. Financial outlook
13.14.3. Product summary
13.14.4. Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
