North America 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: TIPRE00015403 | No. of Pages: 107 | Category: Technology, Media and Telecommunications | Status: Published
Covid

The maritime analytics market in North America is expected to grow from US$ 283.42 million in 2019 to US$ 519.82 million by 2027; it is estimated to grow at a CAGR of 8.5 % from 2020 to 2027.

The US, Canada, and Mexico are major economies in North America. The growing trend of digitalization in shipping industry is expected to escalate the North America 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 the North America 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. Advantages of digitalization such as productivity, more security, less operational cost etc. is expected to create significant demand of maritime analytics solutions in marine industry, which is further anticipated to drive the North America maritime analytics market.

Further, in case of COVID-19, North America region is highly affected specially US. The North America region is a crucial region for the demand of maritime analytics solutions owing to the presence of developed countries such as the US and Canada in this region. Logistics and transportation is an essential element for the smooth operations of any industry including FMCG, healthcare, retail, automotive and others, where shipping contributes a substantial share in the global logistics and transportation sector. The countries like the US are major markets for the growth of maritime analytics market and thus the interruptions in supply chains and logistics operations due to COVID-19 outbreak is affecting the growth of key shipping industry players operating in the North America region. The inter country maritime trade between the US, Canada, and Mexico is also getting affected due to restrictions imposed by various governments to contain virus spread in their respective countries 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 North America 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 North America maritime analytics market. The North America maritime analytics market is expected to grow at a good CAGR during the forecast period.


                                 North America Maritime Analytics Market, By Country,2019 (%)

                 

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North America Maritime Analytics Market Segmentation

 
North America Maritime Analytics Market – By Application

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

North America Maritime Analytics Market – By End User

  • Commercial
  • Military

North America Maritime Analytics Market, by Country

  • US
  • Canada
  • Mexico

North America Maritime Analytics Market - Companies Mentioned

  • ABB Ltd.
  • exactEarth Ltd.
  • Itransition
  • Planet Labs Inc.
  • Prisma Electronics SA
  • ShipNet
  • SINAY SAS
  • SparkCognition
  • Spire Global
  • Windward Ltd.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         North America Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Maritime Analytics Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Ecosystem Analysis

5.           North America Maritime Analytics Market –Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Trend of Digitalization in Shipping Industry

5.1.2        Growing Demand for Enhanced Maritime Operations Via Data Analytics

5.2         Market Restraints

5.2.1        Cyber Security Related Concerns and Shortage of Skilled Workforce

5.3         Market Opportunities

5.3.1        Investment Prospects for Data Analytics Companies

5.4         Future Trends

5.4.1        Advanced Technology for Maritime Industry Transformation

5.5         Impact Analysis of Drivers and Restraints

6.           Maritime Analytics Market – North America Analysis

6.1         North America Maritime Analytics Market Overview

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

6.3         Market Positioning –Market Players Ranking

7.           North America Maritime Analytics Market Analysis – By Application

7.1         Overview

7.2         North America 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.           North America Maritime Analytics Market Analysis – By End User

8.1         Overview

8.2         North America 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.           North America Maritime Analytics Market – Country Analysis

9.1         Overview

9.1.1        North America: Maritime Analytics Market, by Key Country

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

9.1.1.1.1          US: Maritime Analytics Market, by Application

9.1.1.1.2          US: Maritime Analytics Market, by End User

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

9.1.1.2.1          Canada: Maritime Analytics Market, by Application

9.1.1.2.2          Canada: Maritime Analytics Market, by End User

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

9.1.1.3.1          Mexico: Maritime Analytics Market, by Application

9.1.1.3.2          Mexico: Maritime Analytics Market, by End User

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

10.1      North America: 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      Itransition

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      Planet Labs Inc.

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      ShipNet

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      SparkCognition

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      Spire Global

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      SINAY SAS

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      Windward Ltd

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   Prisma Electronics SA

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

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

LIST OF TABLES

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

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

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

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

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

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

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

Table 8.             List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Maritime Analytics Market Segmentation

Figure 2.           North America Maritime Analytics Market Segmentation – By Country

Figure 3.           North America Maritime Analytics Market Overview

Figure 4.           North America Maritime Analytics Market, By Country

Figure 5.           North America Maritime Analytics Market, By Application

Figure 6.           North America Maritime Analytics Market, By End User

Figure 7.           North America: PEST Analysis

Figure 8.           North America Maritime Analytics Market– Ecosystem Analysis

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

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

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

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

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

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

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

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

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

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

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

Figure 20.        North America: Maritime Analytics Market Revenue Share, by Key Country (2019 and 2027)

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

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

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

Figure 24.        Impact of COVID-19 Pandemic on North American Country Markets

  1. ABB Ltd.
  2. exactEarth Ltd.
  3. Itransition
  4. Planet Labs Inc.
  5. Prisma Electronics SA
  6. ShipNet
  7. SINAY SAS
  8. SparkCognition
  9. Spire Global
  10. Windward Ltd.

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America 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 North America 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 North America 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

 

TIPRE00015403
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