Middle East & Africa Maritime Analytics Market Forecast to 2027 - COVID-19 Impact and Regional 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: Oct 2020 | Report Code: TIPRE00015408 | No. of Pages: 92 | Category: Technology, Media and Telecommunications | Status: Published
Covid

The maritime analytics market in MEA is expected to grow from US$ 29.93 million in 2019 to US$ 43.93 million by 2027; it is estimated to grow at a CAGR of 5.3 % from 2020 to 2027.

The UAE, Saudi Arabia, and South Africa are major economies in MEA. Increasing digitalization trend in shipping industry is expected to upswing the MEA maritime analytics market. 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. Digital transformation has now become a critical need for sustainable growth and competitive advantage for any enterprise, owing to the increasing customer demands and rising industry competition. Companies across MEA are embracing digitalization to transform their business processes for achieving high operational throughput and for increasing their profits. The maritime industry is no exception to this trend and it is presently going through a paradigm shift with evolving business models, technology adoption, changing cost structures, and increasing competition levels. The key areas for digital transformation in maritime industry include development of new business models, digitalization of core operations, and using analytics for better decision making. Maritime analytics is being used by companies to optimize their daily operations, cargo handling, port operations, vessel deployment, empty repositioning, and cargo routing among other tasks. Process optimization, high operational efficiency, cost reduction, and prevention of human errors are some of the key factors that are fueling the demand of digital solutions in MEA maritime industry. Hence, all these benefits that are offered by digital solutions such as maritime analytics is anticipated to drive the MEA maritime analytics market.

Further, in case of COVID-19, countries across MEA such as, Iran, Saudi Arabia, Qatar, South Africa, got the high number of COVID-19 confirmed cases and deaths. The COVID-19 outbreak has impacted the economies of the MEA region in a significant manner with decline in oil production activities, tourism sector, capital markets, and remittances. The disruptions in global supply chains and capital flows have also impacted the domestic production and demand in various countries of MEA region. The transportation and logistics sector especially air and ocean freight is impacted severely in Gulf Cooperation Council (GCC) countries which comprise of many major transit hubs. Shortages in staff capacity and lockdown measures in various countries such as Saudi Arabia, Kuwait, and UAE, the shipping and transportation industry is facing slowdown in operations which may impact the market growth of maritime analytics solution to some extent in the region. The coronavirus outbreak's impact is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation will impact the maritime analytics market growth of the MEA region for the next few quarters.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA maritime analytics market. The MEA maritime analytics market is expected to grow at a good CAGR during the forecast period.

                                             MEA Maritime Analytics Market,By Country, 2019 (%) 


                 

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MEA Maritime Analytics Market Segmentation

 

MEA Maritime Analytics Market – By Application

  • Optimal Route Mapping
  • Predictive and Prescriptive Analytics
  • Pricing Insights
  • Vessel Safety and Security
  • Others

MEA Maritime Analytics Market – By End User

  • Commercial
  • Military

MEA Maritime Analytics Market, by Country

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA


MEA Maritime Analytics Market - Companies Mentioned

  • ABB Ltd.
  • exactEarth Ltd.
  • ShipNet
  • SparkCognition
  • Windward Ltd.  

1.           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.           MEA Maritime Analytics Market Landscape

4.1         Market Overview

4.2         MEA PEST Analysis

4.3         Ecosystem Analysis

5.           MEA Maritime Analytics Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Digitalization Trend in Shipping Industry

5.1.2        Rising Demand for Improved Maritime Operations Through Data Analytics

5.2         Market Restraints

5.2.1        Cyber Security Issues and Scarcity of Skilled Workers

5.3         Market Opportunities

5.3.1        Developing Nations to Drive Future Growth

5.4         Future Trends

5.4.1        Latest Technologies to Transform Maritime Industry

5.5         Impact Analysis of Drivers and Restraints

6.           Maritime Analytics Market – MEA Analysis

6.1         MEA Maritime Analytics Market Overview

6.2         MEA Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

6.3         Market Positioning –Market Players Ranking

7.           MEA Maritime Analytics Market Analysis – By Application

7.1         Overview

7.2         MEA Maritime Analytics Market Breakdown, by Application, 2019 & 2027

7.3         Optimal Route Mapping

7.3.1        Overview

7.3.2        Optimal Route Mapping: Maritime Analytics Market Revenue and Forecast to 2027 (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 2027 (US$ Million)

7.5         Pricing Insights

7.5.1        Overview

7.5.2        Pricing Insights: Maritime Analytics Market Revenue and Forecast to 2027 (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 2027 (US$ Million)

7.7         Others

7.7.1        Overview

7.7.2        Others: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

8.           MEA Maritime Analytics Market Analysis – By End User

8.1         Overview

8.2         MEA Maritime Analytics Market Breakdown, by End User, 2019 & 2027

8.3         Commercial

8.3.1        Overview

8.3.2        Commercial: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

8.4         Military

8.4.1        Overview

8.4.2        Military: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

9.           MEA Maritime Analytics Market – Country Analysis

9.1         Overview

9.1.1        MEA: Maritime Analytics Market, by Key Country

9.1.1.1          South Africa: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1          South Africa: Maritime Analytics Market, by Application

9.1.1.1.2          South Africa: Maritime Analytics Market, by End User

9.1.1.2          Saudi Arabia: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1          Saudi Arabia: Maritime Analytics Market, by Application

9.1.1.2.2          Saudi Arabia: Maritime Analytics Market, by End User

9.1.1.3          UAE: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1          UAE: Maritime Analytics Market, by Application

9.1.1.3.2          UAE: Maritime Analytics Market, by End User

9.1.1.4          Rest of MEA: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.4.1          Rest of MEA: Maritime Analytics Market, by Application

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

10.        Impact of COVID-19 Pandemic on MEA Maritime Analytics Market

10.1      MEA: Impact Assessment of COVID-19 Pandemic

11.        Maritime Analytics Market-Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Development

11.4      Merger and Acquisition

12.        Company Profiles

12.1      ABB Ltd.

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      exactEarth Ltd.

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      SparkCognition

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      Windward Ltd

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

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

LIST OF TABLES

Table 1.             MEA Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             South Africa: Maritime Analytics Market, by Application –Revenue and Forecast to 2027(US$ Million)

Table 3.             South Africa: Maritime Analytics Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 4.             Saudi Arabia: Maritime Analytics Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 5.             Saudi Arabia: Maritime Analytics Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 6.             UAE: Maritime Analytics Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 7.             UAE: Maritime Analytics Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Rest of MEA: Maritime Analytics Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Rest of MEA: Maritime Analytics Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 10.          List of Abbreviation

LIST OF FIGURES

Figure 1.           MEA Maritime Analytics Market Segmentation

Figure 2.           MEA Maritime Analytics Market Segmentation – By Country

Figure 3.           MEA Maritime Analytics Market Overview

Figure 4.           MEA Maritime Analytics Market, By Country

Figure 5.           MEA Maritime Analytics Market, By Application

Figure 6.           MEA Maritime Analytics Market, By End User

Figure 7.           MEA: PEST Analysis

Figure 8.           MEA Maritime Analytics Market– Ecosystem Analysis

Figure 9.           MEA Maritime Analytics Market Impact Analysis of Drivers and Restraints

Figure 10.        MEA Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        MEA Maritime Analytics Market Breakdown, by Application (2019 and 2027)

Figure 12.        MEA Optimal Route Mapping: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 13.        MEA Predictive and Prescriptive Analytics: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 14.        MEA Pricing Insights: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 15.        MEA Vessel Safety and Security: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 16.        MEA Others: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 17.        MEA Maritime Analytics Market Breakdown, by End User (2019 and 2027)

Figure 18.        MEA Commercial: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 19.        MEA Military: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 20.        MEA: Maritime Analytics Market Revenue Share, By Key Country (2019 and 2027)

Figure 21.        South Africa: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Saudi Arabia: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.        UAE: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Rest of MEA: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        Impact of COVID-19 Pandemic on MEA Country Markets

 

  1. ABB Ltd.
  2. exactEarth Ltd.
  3. ShipNet
  4. SparkCognition
  5. Windward Ltd.

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA maritime analytics market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA maritime analytics market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the maritime analytics market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 

TIPRE00015408
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