Maritime Analytics Market Size & Share | Report by 2021, 2028

    Maritime Analytics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Optimal Route Mapping, Predictive and Prescriptive Analytics, Pricing Insights, Vessel Safety and Security, and Others) and End User (Commercial and Military)

    Publication Month: Dec 2021 | Report Code: TIPRE00003041 | No. of Pages: 161 | Category: Technology, Media and Telecommunications | Status: Published

    The global maritime analytics market is expected to grow from US$ 993.39 million in 2021 to US$ 2,150.88 million by 2028; it is estimated to grow at a CAGR of 11.7% from 2021 to 2028.

    Maritime analytics is a process of collecting, analyzing, and interpreting critical information related to diverse shipping activities. The growing usage of algorithms and predictive analytics in the shipping industry and the rising trend of automation and digitalization drive the growth of the maritime analytics market across the globe. Maritime analytics market offers various key benefits such as enhanced productivity, superior performance, better safety, cost savings, and valuable insights related to various parameters for stakeholders involved in the shipping and maritime industry. The global shipping industry is evolving at a steady pace owing to the surge in trade across countries, change in technology landscape, and uncertainty in global economies and geopolitical conditions. These factors pose various challenges and opportunities for companies operating in the industry. Companies are continually investing in innovative solutions to increase the profitability of their operations and acquire a competitive advantage. In such a situation, the high volume of fragmented data can be used by utilizing maritime analytics industry to acquire important insights that can improve operational efficiency and decision-making. Companies are rapidly adopting marine data analytics solutions for streamlining maritime operations, improving ship chartering, anticipating and scheduling maintenance, and pricing insights.

    A few of the primary reasons driving the global maritime analytics market growth are the growing trend of digital transformation in the shipping and maritime industry and increasing usage of connected devices and digital solutions for greater efficiency. However, a scarcity of skilled workers and concerns about cyber security could stifle the market's expansion. Despite a few limitations, the rising adoption of maritime analytics industry among commercial end users and the integration of advanced technologies, such as artificial intelligence, by maritime analytics industries for enhanced performance are expected to propel the global maritime analytics market growth in the future.

    Strategic Insights

    Impact of COVID-19 Pandemic on Maritime Analytics Market

    The global economy experienced substantial implications in 2020, and the impacts are projected to last for some time. Electronics, semiconductors, maritime transport, and the automobile industry have been adversely affected by the COVID-19 outbreak, which has hampered the maritime analytics market growth. Factory closures, travel and trade bans, and border closures impacted the operations of many commercial and corporate facilities across the globe. In 2020, the continuous growth in the number of COVID-19 patients made governments to put restrictions on the transportation of humans and goods. The manufacturing sector has witnessed severe losses due to the temporary shutdown of factories and low production volumes, which has negatively impacted the maritime industry globally. Additionally, the social or physical distancing measures imposed by governments have led maritime analytics providers to limit their operations. However, with the uplifting of lockdown and vaccination processes, the manufacturing and construction companies have started working again, and ease of travel restriction helped the maritime industry regain its momentum. Thus, in 2021, the maritime analytics market witnessed a significant demand.

    Lucrative Regions for Maritime Analytics Market

    Lucrative Regions for Maritime Analytics Market

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    Market Insights
    Rising Trend of Digitalization in Global Shipping Industry

    The integration of digital technologies in maritime processes, operations, and business models to enhance productivity, increase security, and reduce operational costs has been growing at an unprecedented rate. Due to escalating customer demands and industry competitiveness, digital transformation has become a fundamental need for any company's long-term success and competitive advantage. Companies across the globe are adopting digitization to improve their business processes to increase operational throughput and profits. The marine industry is no exception to this tendency, and it is currently undergoing a paradigm transition because of shifting business models, technological adoption, cost structures, and increased competition. A few key areas for digital transformation in the maritime industry are the development of new business models, digitalization of core operations, and use of analytics for better decision making. Companies use maritime analytics to improve their daily operations, such as cargo handling, port operations, vessel deployment, empty repositioning, and freight routing. The demand for digital solutions in the global maritime industry is fueled by process optimization, high operational efficiency, cost reduction, and the human errors prevention. As a result, the benefits of digital solutions such as maritime analytics are expected to boost their demand in the global maritime market.

    End User Segment Insights

    Based on end user, the maritime analytics market is bifurcated into commercial and military. The commercial maritime industry comprises offshore, inshore, coastal zone, and short sea businesses. The swift adoption of analytics in commercial maritime is propelled by the growing demand for digitalization and optimized cost-efficiency. Owing to several advantages, such as enhanced performance, productivity, safety, and commercial benefits that include optimal route mapping in case of extreme weather, are driving the maritime analytics market for the commercial segment. The commercial sector is benefitted from the growing applications and developments of innovative analytics technology, which helps in efficient data generation associated with fuel, engine, traffic, cargo, and weather.

    The surge in global seaborne trade is propelling the demand for maritime analytics market in the commercial sector. In 2017, imports and exports grew to 1.202 billion metric ton, from 1.159 billion metric ton in 2016. Owing to this, the commercial sector is highly adopting maritime analytics for real-time data. Maritime analytics manages a ship’s sensors, and predictive analytics helps avoid delays and increases the industry’s overall operational efficiency. In the marine industry, accurately tracking cargo is essential to maintain security and privacy. Marine analytics in the commercial sector can be used for future decision-making to predict future problems and create reliable cargo delivery options.

    Maritime Analytics Market, by End User (% Share)

    Maritime Analytics Market, by End User (% Share)

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    Application Segment Insights

    Based on application, the maritime analytics market is segmented into optimal route mapping, predictive and prescriptive analytics, pricing insights, vessel safety and security, and others. Predictive and prescriptive analytics plays a critical role in the digitalization of the maritime industry. Predictive analytics collects the historical data and incorporates it into amachine Learning(ML) model that considers main trends and patterns. It is then applied to current data to predict future happenings. Prescriptive analytics is the next level of predictive data. It recommends several courses of action and potential outcomes. Several machinery original equipment manufacturers (OEMs), ship owners and operators, and regulatory entities are highly involved in implementing technological innovation due to the rising demand for protecting machinery and communications on maritime assets. With the growing demand for advanced maritime analytics products, the corresponding supply chain demand also surges consequently. The marine industry is continuously inclined to adopt sophisticated technologies, such as ML algorithms and artificial intelligence (AI), to meet the supply–demand gap. Predictive and prescriptive is a game-changing technology that is broadly available to the maritime industry. Asset owners in the industry are adopting predictive and prescriptive analytics owing to its maintenance cost savings benefits.

    The market players focus on new product innovations and developments by integrating advanced technologies and features to compete. In January 2021, the eeSea ApS Trade Capacity Index and Blank Sailings Tracker announced that they are available for free. Blank sailings initially viewed as a solution for carriers to control capacity during the crisis. Later, they were blamed for unexpected hikes in freight charges and many delays across the supply chain. The Blank Sailings Tracker data is closely related to eeSea's Trade Capacity Index.

    Based on end user, the maritime analytics market is bifurcated into commercial and military. Based on application, the market is segmented into optimal route mapping, predictive and prescriptive analytics, pricing insights, vessel safety and security, and others. Based on region, the global maritime analytics market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

    Maritime Analytics Market – Company Profiles

    • Maritech Holdings Limited
    • RightShip Pty Limited
    • ShipNet
    • Windward Ltd
    • Kpler
    • Kayrros
    • OrbitMI, Inc.
    • Q88 LLC
    • Signal Group
    • eeSea ApS
    • Shipfix Technologies S.A.S.
    • Shipamax Ltd.
    • Veson Nautical
    • Siglar Carbon
    • ZeroNorth A/S
    • Pole Star Space Applications
    • Dataloy Systems AS
    • NINETY PERCENT OF EVERYTHING LIMITED
    • SEDNA Communications Ltd
    • Nordic IT
    • LgMAR
    • Trigonal Ltd.

    Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    2. Key Takeaways

    3. Research Methodology

    3.1 Coverage

    3.2 Secondary Research

    3.3 Primary Research

    4. Maritime Analytics Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America – PEST Analysis

    4.2.2 Europe – PEST Analysis

    4.2.3 APAC – PEST Analysis

    4.2.4 MEA – PEST Analysis

    4.2.5 SAM – PEST Analysis

    4.3 Ecosystem Analysis

    5. Maritime Analytics –Market Dynamics

    5.1 Market Drivers

    5.1.1 Rising Trend of Digitalization in Global Shipping Industry

    5.1.2 Increasing Demand for Enhanced Maritime Operations Through Data Analytics

    5.2 Market Restraints

    5.2.1 Concerns Related to Cyber Security and Lack of Skilled Workforce

    5.3 Market Opportunities

    5.3.1 Developing Regions to Drive Future Growth

    5.4 Future Trends

    5.4.1 Advanced Technologies to Transform Maritime Industry

    5.5 Impact Analysis of Drivers and Restraints

    6. Maritime Analytics Market – Global Analysis

    6.1 Global Maritime Analytics Market Overview

    6.2 Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    6.3 Market Positioning – Global Market Players Ranking

    7. Maritime Analytics Market Analysis – By Application

    7.1 Overview

    7.2 Maritime Analytics Market Breakdown, by Application, 2020 & 2028

    7.3 Optimal Route Mapping

    7.3.1 Overview

    7.3.2 Optimal Route Mapping: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    7.4 Predictive and Prescriptive Analytics

    7.4.1 Overview

    7.4.2 Predictive and Prescriptive Analytics: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    7.5 Pricing Insights

    7.5.1 Overview

    7.5.2 Pricing Insights: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    7.6 Vessel Safety and Security

    7.6.1 Overview

    7.6.2 Vessel Safety and Security: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    7.7 Others

    7.7.1 Overview

    7.7.2 Others: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    8. Maritime Analytics Market Analysis – By End User

    8.1 Overview

    8.2 Maritime Analytics Market Breakdown, by End User, 2020 & 2028

    8.3 Commercial

    8.3.1 Overview

    8.3.2 Commercial: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    8.4 Military

    8.4.1 Overview

    8.4.2 Military: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    9. Maritime Analytics Market – Geographic Analysis

    9.1 Overview

    9.2 North America: Maritime Analytics Market

    9.2.1 North America: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.2 North America: Maritime Analytics Market, by Application

    9.2.3 North America: Maritime Analytics Market, by End User

    9.2.4 North America: Maritime Analytics Market, by Key Country

    9.2.4.1 US: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.1.1 US: Maritime Analytics Market, by Application

    9.2.4.1.2 US: Maritime Analytics Market, by End User

    9.2.4.2 Canada: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.2.1 Canada: Maritime Analytics Market, by Application

    9.2.4.2.2 Canada: Maritime Analytics Market, by End User

    9.2.4.3 Mexico: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.3.1 Mexico: Maritime Analytics Market, by Application

    9.2.4.3.2 Mexico: Maritime Analytics Market, by End User

    9.3 Europe: Maritime Analytics Market

    9.3.1 Europe: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.2 Europe: Maritime Analytics Market, by Application

    9.3.3 Europe: Maritime Analytics Market, by End User

    9.3.4 Europe: Maritime Analytics Market, by Key Country

    9.3.4.1 Germany: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.1.1 Germany: Maritime Analytics Market, by Application

    9.3.4.1.2 Germany: Maritime Analytics Market, by End User

    9.3.4.2 France: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.2.1 France: Maritime Analytics Market, by Application

    9.3.4.2.2 France: Maritime Analytics Market, by End User

    9.3.4.3 Italy: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.3.1 Italy: Maritime Analytics Market, by Application

    9.3.4.3.2 Italy: Maritime Analytics Market, by End User

    9.3.4.4 UK: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.4.1 UK: Maritime Analytics Market, by Application

    9.3.4.4.2 UK: Maritime Analytics Market, by End User

    9.3.4.5 Russia: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.5.1 Russia: Maritime Analytics Market, by Application

    9.3.4.5.2 Russia: Maritime Analytics Market, by End User

    9.3.4.6 Rest of Europe: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.6.1 Rest of Europe: Maritime Analytics Market, by Application

    9.3.4.6.2 Rest of Europe: Maritime Analytics Market, by End User

    9.4 APAC: Maritime Analytics Market

    9.4.1 APAC: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.2 APAC: Maritime Analytics Market, by Application

    9.4.3 APAC: Maritime Analytics Market, by End User

    9.4.4 APAC: Maritime Analytics Market, by Key Country

    9.4.4.1 Australia: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.1.1 Australia: Maritime Analytics Market, by Application

    9.4.4.1.2 Australia: Maritime Analytics Market, by End User

    9.4.4.2 China: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.2.1 China: Maritime Analytics Market, by Application

    9.4.4.2.2 China: Maritime Analytics Market, by End User

    9.4.4.3 India: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.3.1 India: Maritime Analytics Market, by Application

    9.4.4.3.2 India: Maritime Analytics Market, by End User

    9.4.4.4 Japan: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.4.1 Japan: Maritime Analytics Market, by Application

    9.4.4.4.2 Japan: Maritime Analytics Market, by End User

    9.4.4.5 South Korea: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.5.1 South Korea: Maritime Analytics Market, by Application

    9.4.4.5.2 South Korea: Maritime Analytics Market, by End User

    9.4.4.6 Rest of APAC: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.6.1 Rest of APAC: Maritime Analytics Market, by Application

    9.4.4.6.2 Rest of APAC: Maritime Analytics Market, by End User

    9.5 MEA: Maritime Analytics Market

    9.5.1 MEA: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.2 MEA: Maritime Analytics Market, by Application

    9.5.3 MEA: Maritime Analytics Market, by End User

    9.5.4 MEA: Maritime Analytics Market, by Key Country

    9.5.4.1 South Africa: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.1.1 South Africa: Maritime Analytics Market, by Application

    9.5.4.1.2 South Africa: Maritime Analytics Market, by End User

    9.5.4.2 Saudi Arabia: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.2.1 Saudi Arabia: Maritime Analytics Market, by Application

    9.5.4.2.2 Saudi Arabia: Maritime Analytics Market, by End User

    9.5.4.3 UAE: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.3.1 UAE: Maritime Analytics Market, by Application

    9.5.4.3.2 UAE: Maritime Analytics Market, by End User

    9.5.4.4 Rest of MEA: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.4.1 Rest of MEA: Maritime Analytics Market, by Application

    9.5.4.4.2 Rest of MEA: Maritime Analytics Market, by End User

    9.6 SAM: Maritime Analytics Market

    9.6.1 SAM: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.2 SAM: Maritime Analytics Market, by Application

    9.6.3 SAM: Maritime Analytics Market, by End User

    9.6.4 SAM: Maritime Analytics Market, by Key Country

    9.6.4.1 Brazil: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.1.1 Brazil: Maritime Analytics Market, by Application

    9.6.4.1.2 Brazil: Maritime Analytics Market, by End User

    9.6.4.2 Argentina: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.2.1 Argentina: Maritime Analytics Market, by Application

    9.6.4.2.2 Argentina: Maritime Analytics Market, by End User

    9.6.4.3 Rest of SAM: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.3.1 Rest of SAM: Maritime Analytics Market, by Application

    9.6.4.3.2 Rest of SAM: Maritime Analytics Market, by End User

    10. Impact of COVID-19 Pandemic

    10.1 Overview

    10.2 North America

    10.3 Europe

    10.4 Asia-Pacific

    10.5 Middle East and Africa

    10.6 South America

    11. Maritime Analytics Market-Industry Landscape

    11.1 Overview

    11.2 Market Initiative

    12. Company Profiles

    12.1 Maritech Holdings Limited

    12.1.1 Key Facts

    12.1.2 Business Description

    12.1.3 Products and Services

    12.1.4 Financial Overview

    12.1.5 SWOT Analysis

    12.1.6 Key Developments

    12.2 RightShip Pty Limited

    12.2.1 Key Facts

    12.2.2 Business Description

    12.2.3 Products and Services

    12.2.4 Financial Overview

    12.2.5 SWOT Analysis

    12.2.6 Key Developments

    12.3 ShipNet

    12.3.1 Key Facts

    12.3.2 Business Description

    12.3.3 Products and Services

    12.3.4 Financial Overview

    12.3.5 SWOT Analysis

    12.3.6 Key Developments

    12.4 Windward Ltd

    12.4.1 Key Facts

    12.4.2 Business Description

    12.4.3 Products and Services

    12.4.4 Financial Overview

    12.4.5 SWOT Analysis

    12.4.6 Key Developments

    12.5 Kpler

    12.5.1 Key Facts

    12.5.2 Business Description

    12.5.3 Products and Services

    12.5.4 Financial Overview

    12.5.5 SWOT Analysis

    12.5.6 Key Developments

    12.6 Kayrros

    12.6.1 Key Facts

    12.6.2 Business Description

    12.6.3 Products and Services

    12.6.4 Financial Overview

    12.6.5 SWOT Analysis

    12.6.6 Key Developments

    12.7 OrbitMI, Inc.

    12.7.1 Key Facts

    12.7.2 Business Description

    12.7.3 Products and Services

    12.7.4 Financial Overview

    12.7.5 SWOT Analysis

    12.7.6 Key Developments

    12.8 Q88 LLC

    12.8.1 Key Facts

    12.8.2 Business Description

    12.8.3 Products and Services

    12.8.4 Financial Overview

    12.8.5 SWOT Analysis

    12.8.6 Key Developments

    12.9 Signal Group

    12.9.1 Key Facts

    12.9.2 Business Description

    12.9.3 Products and Services

    12.9.4 Financial Overview

    12.9.5 SWOT Analysis

    12.9.6 Key Developments

    12.10 eeSea Aps

    12.10.1 Key Facts

    12.10.2 Business Description

    12.10.3 Products and Services

    12.10.4 Financial Overview

    12.10.5 SWOT Analysis

    12.10.6 Key Developments

    12.11 Shipfix Technologies S.A.S.

    12.11.1 Key Facts

    12.11.2 Business Description

    12.11.3 Products and Services

    12.11.4 Financial Overview

    12.11.5 SWOT Analysis

    12.11.6 Key Developments

    12.12 Shipamax Ltd.

    12.12.1 Key Facts

    12.12.2 Business Description

    12.12.3 Products and Services

    12.12.4 Financial Overview

    12.12.5 SWOT Analysis

    12.12.6 Key Developments

    12.13 Veson Nautical

    12.13.1 Key Facts

    12.13.2 Business Description

    12.13.3 Products and Services

    12.13.4 Financial Overview

    12.13.5 SWOT Analysis

    12.13.6 Key Developments

    12.14 Siglar Carbon

    12.14.1 Key Facts

    12.14.2 Business Description

    12.14.3 Products and Services

    12.14.4 Financial Overview

    12.14.5 SWOT Analysis

    12.14.6 Key Developments

    12.15 ZeroNorth A/S

    12.15.1 Key Facts

    12.15.2 Business Description

    12.15.3 Products and Services

    12.15.4 Financial Overview

    12.15.5 SWOT Analysis

    12.15.6 Key Developments

    12.16 Pole Star Space Applications

    12.16.1 Key Facts

    12.16.2 Business Description

    12.16.3 Products and Services

    12.16.4 Financial Overview

    12.16.5 SWOT Analysis

    12.16.6 Key Developments

    12.17 Dataloy Systems AS

    12.17.1 Key Facts

    12.17.2 Business Description

    12.17.3 Products and Services

    12.17.4 Financial Overview

    12.17.5 SWOT Analysis

    12.17.6 Key Developments

    12.18 NINETY PERCENT OF EVERYTHING LIMITED

    12.18.1 Key Facts

    12.18.2 Business Description

    12.18.3 Products and Services

    12.18.4 Financial Overview

    12.18.5 SWOT Analysis

    12.18.6 Key Developments

    12.19 SEDNA Communications Ltd

    12.19.1 Key Facts

    12.19.2 Business Description

    12.19.3 Products and Services

    12.19.4 Financial Overview

    12.19.5 SWOT Analysis

    12.19.6 Key Developments

    12.20 Nordic IT

    12.20.1 Key Facts

    12.20.2 Business Description

    12.20.3 Products and Services

    12.20.4 Financial Overview

    12.20.5 SWOT Analysis

    12.20.6 Key Developments

    12.21 LgMAR

    12.21.1 Key Facts

    12.21.2 Business Description

    12.21.3 Products and Services

    12.21.4 Financial Overview

    12.21.5 SWOT Analysis

    12.21.6 Key Developments

    12.22 Trigonal Ltd.

    12.22.1 Key Facts

    12.22.2 Business Description

    12.22.3 Products and Services

    12.22.4 Financial Overview

    12.22.5 SWOT Analysis

    12.22.6 Key Developments

    13. Appendix

    13.1 About The Insight Partners

    13.2 Word Index


    LIST OF TABLES

    Table 1. Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Table 2. North America: Maritime Analytics Market, by Application – Revenue and Forecast to 2028 (US$ Million)

    Table 3. North America: Maritime Analytics Market, by End User – Revenue and Forecast to 2028 (US$ Million)

    Table 4. US: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 5. US: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 6. Canada: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 7. Canada: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 8. Mexico: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 9. Mexico: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 10. Europe: Maritime Analytics Market, by Application – Revenue and Forecast to 2028 (US$ Million)

    Table 11. Europe: Maritime Analytics Market, by End User – Revenue and Forecast to 2028 (US$ Million)

    Table 12. Germany: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 13. Germany: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 14. France: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 15. France: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 16. Italy: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 17. Italy: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 18. UK: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 19. UK: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 20. Russia: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 21. Russia: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 22. Rest of Europe: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 23. Rest of Europe: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 24. APAC: Maritime Analytics Market, by Application– Revenue and Forecast to 2028 (US$ Million)

    Table 25. APAC: Maritime Analytics Market, by End User – Revenue and Forecast to 2028 (US$ Million)

    Table 26. Australia: Maritime Analytics Market, by Application –Revenue and Forecast to 2028(US$ Million)

    Table 27. Australia: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 28. China: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 29. China: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 30. India: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 31. India: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 32. Japan: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 33. Japan: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 34. South Korea: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 35. South Korea: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 36. Rest of APAC: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 37. Rest of APAC: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 38. MEA: Maritime Analytics Market, by Application– Revenue and Forecast to 2028 (US$ Million)

    Table 39. MEA: Maritime Analytics Market, by End User – Revenue and Forecast to 2028 (US$ Million)

    Table 40. South Africa: Maritime Analytics Market, by Application –Revenue and Forecast to 2028(US$ Million)

    Table 41. South Africa: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 42. Saudi Arabia: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 43. Saudi Arabia: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 44. UAE: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 45. UAE: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 46. Rest of MEA: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 47. Rest of MEA: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 48. SAM: Maritime Analytics Market, by Application– Revenue and Forecast to 2028 (US$ Million)

    Table 49. SAM: Maritime Analytics Market, by End User – Revenue and Forecast to 2028 (US$ Million)

    Table 50. Brazil: Maritime Analytics Market, by Application –Revenue and Forecast to 2028(US$ Million)

    Table 51. Brazil: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 52. Argentina: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 53. Argentina: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 54. Rest of SAM: Maritime Analytics Market, by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 55. Rest of SAM: Maritime Analytics Market, by End User –Revenue and Forecast to 2028 (US$ Million)

    Table 56. List of Abbreviation

    LIST OF FIGURES

    Figure 1. Maritime Analytics Market Segmentation

    Figure 2. Maritime Analytics Market Segmentation – By Geography

    Figure 3. Global Maritime Analytics Market Overview

    Figure 4. Maritime Analytics Market, By Geography

    Figure 5. Maritime Analytics Market, By Application

    Figure 6. Maritime Analytics Market, By End User

    Figure 7. North America: PEST Analysis

    Figure 8. Europe: PEST Analysis

    Figure 9. APAC: PEST Analysis

    Figure 10. MEA: PEST Analysis

    Figure 11. SAM: PEST Analysis

    Figure 12. Maritime Analytics Market– Ecosystem Analysis

    Figure 13. Maritime Analytics Market Impact Analysis of Drivers and Restraints

    Figure 14. Geographic Overview of Maritime Analytics Market

    Figure 15. Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 16. Maritime Analytics Market Breakdown, by Application (2020 and 2028)

    Figure 17. Optimal Route Mapping: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    Figure 18. Predictive and Prescriptive Analytics: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    Figure 19. Pricing Insights: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    Figure 20. Vessel Safety and Security: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    Figure 21. Others: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    Figure 22. Maritime Analytics Market Breakdown, by End User (2020 and 2028)

    Figure 23. Commercial: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    Figure 24. Military: Maritime Analytics Market Revenue and Forecast to 2028 (US$ Million)

    Figure 25. Maritime Analytics Market Revenue Share, By Region (2020 and 2028)

    Figure 26. North America: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 27. North America: Maritime Analytics Market Revenue Share, by Application (2020 and 2028)

    Figure 28. North America: Maritime Analytics Market Revenue Share, by End User (2020 and 2028)

    Figure 29. North America: Maritime Analytics Market Revenue Share, by Key Country (2020 and 2028)

    Figure 30. US: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 31. Canada: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 32. Mexico: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 33. Europe: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 34. Europe: Maritime Analytics Market Revenue Share, By Application (2020 and 2028)

    Figure 35. Europe: Maritime Analytics Market Revenue Share, By End User (2020 and 2028)

    Figure 36. Europe: Maritime Analytics Market Revenue Share, By Key Country (2020 and 2028)

    Figure 37. Germany: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 38. France: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 39. Italy: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 40. UK: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 41. Russia: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 42. Rest of Europe: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 43. APAC: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 44. APAC: Maritime Analytics Market Revenue Share, By Application (2020 and 2028)

    Figure 45. APAC: Maritime Analytics Market Revenue Share, By End User (2020 and 2028)

    Figure 46. APAC: Maritime Analytics Market Revenue Share, By Key Country (2020 and 2028)

    Figure 47. Australia: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 48. China: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 49. India: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 50. Japan: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 51. South Korea: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 52. Rest of APAC: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 53. MEA: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 54. MEA: Maritime Analytics Market Revenue Share, By Application (2020 and 2028)

    Figure 55. MEA: Maritime Analytics Market Revenue Share, By End User (2020 and 2028)

    Figure 56. MEA: Maritime Analytics Market Revenue Share, By Key Country (2020 and 2028)

    Figure 57. South Africa: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 58. Saudi Arabia: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 59. UAE: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 60. Rest of MEA: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 61. SAM: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 62. SAM: Maritime Analytics Market Revenue Share, By Application (2020 and 2028)

    Figure 63. SAM: Maritime Analytics Market Revenue Share, By End User (2020 and 2028)

    Figure 64. SAM: Maritime Analytics Market Revenue Share, By Key Country (2020 and 2028)

    Figure 65. Brazil: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 66. Argentina: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 67. Rest of SAM: Maritime Analytics Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 68. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 69. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 70. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 71. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

    Figure 72. Impact of COVID-19 Pandemic in South America Country Markets

    The List of Companies - Maritime Analytics Market

    1. Maritech Holdings Limited
    2. RightShip Pty Limited                 
    3. ShipNet          
    4. Windward Ltd                  
    5. Kpler     
    6. Kayrros
    7. OrbitMI, Inc.               
    8. Q88 LLC           
    9. Signal Group
    10. eeSea ApS
    11. Shipfix Technologies S.A.S.
    12. Shipamax Ltd.
    13. Veson Nautical
    14. Siglar Carbon
    15. ZeroNorth A/S
    16. Pole Star Space Applications
    17. Dataloy Systems AS
    18. NINETY PERCENT OF EVERYTHING LIMITED
    19. SEDNA Communications Ltd
    20. Nordic IT
    21. LgMAR
    22. Trigonal Ltd.
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    Frequently Asked Questions

    Maritime industry is investing proactively in advanced technology solutions to bring digital transformation and to become more efficient and sustainable. Artificial intelligence (AI), big data, blockchain, cloud computing, cyber security, digital twin, internet of things (IoT), machine learning, and robotic technologies are some of the key technologies that are disrupting the global maritime industry and are anticipated to drive the future growth of this industry. Artificial intelligence (AI) is being utilized in shipping industry for reducing staff & maintenance, increasing automation, achieving better navigation & safety, and minimizing human errors. IBM and Google are some of the key companies helping shipping sector in process automation. Another useful technology being used in the maritime sector for safe and transparent logistics, payments, and contracts is blockchain. IBM and Microsoft are two of the most prominent Blockchain solution providers for logistics companies. As a result, the marine sector's increasing integration of new technology will complement the adoption of maritime analytics solutions. Furthermore, increase in collaborations between maritime industry stakeholders and technology solution providers, rise in the number of maritime analytics solution providers, investments by maritime companies in big data infrastructure development, and growth of funding opportunities in Europe and APAC are some of the other key factors expected to drive the global maritime analytics market forward in the future
    Based on Application, the global maritime analytics market is segmented into optimal route mapping, predictive and prescriptive analytics, pricing insights, vessel safety and security, and others. The global maritime analytics market is dominated by prescriptive and predictive analytics segment in 2020, which accounted for ~ 37.7%.
    • Rising Trend of Digitalization in Global Shipping Industry • Increasing Demand for Enhanced Maritime Operations Through Data Analytics
    The emerging regions such as APAC, MEA, and SAM are anticipated to offer ample future growth opportunities to the maritime analytics solution providers over the forecast period of 2021 to 2028. These regions are characterized by the presence of some of the major countries that contribute a substantial fleet value to the global shipping market. China, Japan, Singapore, and South Korea are among the top ten-ship owning countries across the world. For instance, As of January 2021, China's total fleet asset value reached US$ 191 billion, whereas Japan's total fleet asset value reached US$ 187 billion, Singapore's total fleet asset value was US$ 78 billion, and South Korea's total fleet asset value reached US$ 58 billion. In addition to these markets, there are several other potential developing markets for the adoption of maritime analytics such as India, Brazil, Argentina, Indonesia, Vietnam, Malaysia, Philippines, Thailand, and Saudi Arabia, among others. All these countries are anticipated to offer ample growth opportunities for maritime analytics solution providers.
    Key companies in the maritime analytics market include Maritech Holdings Limited; RightShip Pty Limited; ShipNet; Windward Ltd; Kpler; Kayrros; OrbitMI, Inc.; Q88 LLC; Signal Group; eeSea Aps; Shipfix Technologies S.A.S.; Shipamax Ltd.; Veson Nautical; Siglar Carbon; ZeroNorth A/S; Pole Star Space Applications; Dataloy Systems AS; NINETY PERCENT OF EVERYTHING LIMITED; SEDNA Communications Ltd; Nordic IT; LgMAR; and Trigonal Ltd.
    Europe held the largest market share in year 2020, along with the notable revenue generation opportunities in North America and APAC.

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