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Global Maritime Information Market Size, Share, Demand: By Application: Maritime Information Analytics, Maritime Information Provision, Vessel Tracking, Automatic Identification System; By End Use: Government, Commercial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Maritime Information Market Outlook
The global maritime information market reached a value of about USD 1746.06 million in 2023. The market is further expected to grow at a CAGR of about 8.5% in the forecast period of 2024-2032 to reach a value of about USD 3638.17 million by 2032.
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Europe is the leading maritime information market with the highest market share. This rise is motivated by the important role of the marine sector in providing the European economy with jobs and incomes. The Asia Pacific is also witnessing a rapid growth in the market. The Asia Pacific waters have increased foreign trade, and therefore, more ships are moving via the region. Port infrastructure in Asia is mostly new, and many new ports in countries, including China, Korea, Japan, and Malaysia, are increasing. In order to tackle potential challenges, it needs an updated maritime information system.
Market Segmentation
Maritime navigation has been used for commerce, travel as well as protection purposes for generations. The emergence of the digital revolution in maritime navigation has helped users collect valuable information on port `+and waterway activities. Maritime information systems help vessels respond to the unpredictable sea environment by tracking multiple criteria to make better tactical and strategic decisions for users and organizations. As a consequence, these technologies are used to collect data on ownership, movements, requirements, and trading activities.
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It finds wide applications in the following:
- Maritime Information Analytics
- Maritime Information Provision
- Vessel Tracking
- AIS (Automatic Identification System)
The end-use segments in the industry can be categorised as follows:
- Government
- Defence
- Intelligence and Security
- Search and Rescue
- Government Agency
- Others
- Commercial
- Port Management
- Business Intelligence
- Commercial Fishing
- Commercial Shipping
- Hydrographic and Charting
- Commercial Offshore
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
Since maritime information solutions play an important role in guaranteeing the protection of the economy, the governing authorities worldwide are commonly used. Such approaches help nations reduce maritime threats like trafficking in human beings, terrorist assaults, degradation of the environment, and illegal immigration by sea. Furthermore, due to the liberalisation of world trade, the number of ships that cross the oceans have risen significantly, which in turn increases the need for these solutions. Recent strict regulations have been enforced by the International Maritime Organization (IMO), making it mandatory for all ships to operate with the Automatic Identification System (AIS) to track maritime traffic and avoid collisions with other ships. Therefore, manufacturers are funding accurate signal detection from naval vessels in research and development activities. These factors are driving the growth of the global maritime information market further.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global maritime information market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Inmarsat Global Limited
- L3Harris Technologies, Inc.
- ORBCOMM
- Raytheon Technologies
- exactEarth Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Maritime Information Market Analysis
8.1 Key Industry Highlights
8.2 Global Maritime Information Historical Market (2018-2023)
8.3 Global Maritime Information Market Forecast (2024-2032)
8.4 Global Maritime Information Market by Application
8.4.1 Maritime Information Analytics
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Maritime Information Provision
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Vessel Tracking
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 AIS (Automatic Identification System)
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Maritime Information Market by End Use
8.5.1 Government
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.1.3 Breakup by Segment
8.5.1.3.1 Defence
8.5.1.3.1.1 Historical Trend (2018-2023)
8.5.1.3.1.2 Forecast Trend (2024-2032)
8.5.1.3.2 Intelligence and Security
8.5.1.3.2.1 Historical Trend (2018-2023)
8.5.1.3.2.2 Forecast Trend (2024-2032)
8.5.1.3.3 Search and Rescue
8.5.1.3.3.1 Historical Trend (2018-2023)
8.5.1.3.3.2 Forecast Trend (2024-2032)
8.5.1.3.4 Government Agency
8.5.1.3.4.1 Historical Trend (2018-2023)
8.5.1.3.4.2 Forecast Trend (2024-2032)
8.5.1.3.5 Others
8.5.2 Commercial
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.2.3 Breakup by Segment
8.5.2.3.1 Port Management
8.5.2.3.1.1 Historical Trend (2018-2023)
8.5.2.3.1.2 Forecast Trend (2024-2032)
8.5.2.3.2 Business Intelligence
8.5.2.3.2.1 Historical Trend (2018-2023)
8.5.2.3.2.2 Forecast Trend (2024-2032)
8.5.2.3.3 Commercial Fishing
8.5.2.3.3.1 Historical Trend (2018-2023)
8.5.2.3.3.2 Forecast Trend (2024-2032)
8.5.2.3.4 Commercial Shipping
8.5.2.3.4.1 Historical Trend (2018-2023)
8.5.2.3.4.2 Forecast Trend (2024-2032)
8.5.2.3.5 Hydrographic and Charting
8.5.2.3.5.1 Historical Trend (2018-2023)
8.5.2.3.5.2 Forecast Trend (2024-2032)
8.5.2.3.6 Commercial Offshore
8.5.2.3.6.1 Historical Trend (2018-2023)
8.5.2.3.6.2 Forecast Trend (2024-2032)
8.5.2.3.7 Others
8.6 Global Maritime Information Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Maritime Information Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Maritime Information Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Maritime Information Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Maritime Information Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Maritime Information Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Inmarsat Global Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 L3Harris Technologies, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 ORBCOMM
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Raytheon Technologies
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 exactEarth Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Maritime Information Market: Key Industry Highlights, 2018 and 2032
2. Global Maritime Information Historical Market: Breakup by Application (USD Billion), 2018-2023
3. Global Maritime Information Market Forecast: Breakup by Application (USD Billion), 2024-2032
4. Global Maritime Information Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Maritime Information Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Maritime Information Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Maritime Information Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Maritime Information Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Maritime Information Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Maritime Information Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Maritime Information Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Maritime Information Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Maritime Information Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Maritime Information Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Maritime Information Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Maritime Information Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Maritime Information Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Maritime Information Market Structure
Key Questions Answered in the Report
In 2023, the global maritime information market attained a value of nearly USD 1746.06 million.
The market is projected to grow at a CAGR of 8.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 3638.17 million by 2032.
The major market drivers include the robust growth of the marine sector, increased globalisation, growth in foreign trade, and the implementation of stringent government initiatives aimed at reducing maritime threats like human trafficking.
The key trends guiding the market include growing investments in research and development (R&D) activities by key players, technological advancements and innovations, liberalisation of world trade, and the utilisation of maritime information to boost economic growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of maritime information include maritime information analytics, maritime information provision, vessel tracking, and AIS (automatic identification system).
Government and commercial are the significant end uses of maritime information.
The major players in the market are Inmarsat Global Limited, L3Harris Technologies, Inc., ORBCOMM, Raytheon Technologies, and exactEarth Ltd., among others.
Analyst Review
The global maritime information market attained a value of USD 1746.06 million in 2023, driven by the increased demand for enhanced maritime solutions and growth in foreign trade activities. Aided by the growing research and development activities and technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.5%. The market is projected to reach USD 3638.17 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its applications, the industry can be segmented into maritime information analytics, maritime information provision, vessel tracking, and AIS (Automatic Identification System). On the basis of end-use sectors, the industry is categorised into government and commercial sectors. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above market include Inmarsat Global Limited, L3Harris Technologies, Inc., ORBCOMM, Raytheon Technologies, and exactEarth Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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