The maritime information market was valued at US$ 1,882.01 million in 2021 and it is expected to grow at a CAGR of 6.2% from 2022 to 2028.
Digital transformation in the maritime industry has enabled users to collect vital information on the ownership, movement, specifications, and commercial activities of naval vessels. Maritime information solutions help ships adapt to rough sea conditions by monitoring multiple parameters, thus enabling users to make better strategic and operational decisions. In addition, these solutions offer benefits such as enhanced productivity and overall safety while ensuring the efficiency of maritime operations. Such factors are bolstering the Maritime Information Market size.
Maritime information solutions play an important role in ensuring the security of the economy; hence, these solutions are widely used by government agencies across the world. These solutions help various countries reduce maritime threats such as human trafficking, terrorist attacks, environmental destruction, and illegal immigration by sea. Furthermore, there has been a significant increase in the number of ships crossing the oceans due to the liberalization of world trade, which is boosting the demand for these solutions. In addition, the International Maritime Organization (IMO) has mandated all ships to have an Automatic Identification System (AIS) to monitor ship traffic and avoid collisions with other ships. Moreover, manufacturers in the maritime industry are funding research and development activities to achieve the ability to accurately detect signals from naval vessels. Such factors are bolstering the Maritime Information Market size.
With the rising maritime traffic, it has become essential to improve the safety and security of ships and preserve their environment. For instance, according to India's Ports Department, in 2020, cargo traffic at the main ports of India was 414.20 million tonnes, which increased by 12.9% in 2021 compared to the first quarter of 2020. Furthermore, the exchange of information encourages various parts of the maritime industry supply chain to work together for smooth operation. Integrated systems with vessel traffic monitoring capabilities and effective tracking systems, such as AIS and Synthetic Aperture Radar (SAR), have become vital for ships, which is contributing to the maritime information market growth.
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Maritime Information Market: Strategic Insights
Market Size Value in US$ 1,882.01 Million in 2021 Market Size Value by US$ 2,808.87 Million by 2028 Growth rate CAGR of 6.2% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2021
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Maritime Information Market: Strategic Insights
| Market Size Value in | US$ 1,882.01 Million in 2021 |
| Market Size Value by | US$ 2,808.87 Million by 2028 |
| Growth rate | CAGR of 6.2% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2021 |
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A few of the major companies operating in the maritime information market are Inmarsat, L3 Harris Technologies, ORBCOMM, Raytheon Company, Thales Group, exactEarth, and Iridium Communications. For instance, in April 2022, Spire Global introduced weather information solutions for the maritime industry. The company collects global weather data through a fully deployed constellation of more than 100 satellites that reach remote areas, including open oceans, that have been challenging to observe. Spiers delivers weather insights and saves customers time and costs by combining weather data with marine expertise through machine learning and artificial intelligence.
In September 2022, BAE Systems announced its plan to launch the first multi-sensor satellite cluster into low Earth orbit by 2024 to deliver high-quality maritime information and intelligence in real-time from space to military customers.
Impact of COVID-19 Pandemic on Maritime Information Market Growth
The COVID-19 pandemic caused long-term effects on marine trade and transportation. Ports, shipping operations, and supply chains were adversely affected by the pandemic-related restrictions. Raw material shortage, lead-time issues, blank sailings, port closures, shortened port hours, equipment and labor shortages, and transportation capacity restrictions were a few of the difficulties marine vessel operators faced during the crisis. These impediments seriously damage transportation services and jeopardize the smooth operation of supply chains and trade flows. The maritime industry in several nations and areas released several port marine circulars connected to the COVID-19 crisis.
Governments of various countries imposed travel restrictions and closed borders to control the spread of SARS-CoV-2. As a result, ports and airports were shut down. Approximately 90% of world trade is transported by sea. Additionally, the social and physical distancing measures imposed by governments of various countries have led port authorities to limit their vessel operations, which reduced the demand for maritime information and analytics solutions. However, with the upliftment of lockdown and successful vaccination processes in 2021, several companies have resumed their operations, and ease of travel restriction helped the maritime industry regain its momentum. Thus, in 2021, the demand for maritime information solutions increased across the world.
Lucrative Regions: Maritime Information Market Share
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Market Insight – Maritime Information Market
Need for Efficient Management of Complex Supply Chain Operations
The marine industry is embracing digitalization to improve efficiency, build smarter ships and fleets, and attain readiness for global trade expansion. Global supply networks are expanding and growing more complex with a rise in consumer demand. Marine businesses need to continuously work and implement new strategies to maximize efficiencies and streamline supply chains in the highly competitive global marketplace. The integration of innovative technologies such as AI, blockchain, IoT, and automation into maritime operations enables the easy arrangement of inventory data, tracking and management of ships, tracking of information, and generation of electronic invoices. Using these technologies, shipping businesses can reduce the amount of time spent on shipping, receiving, tracking, and gathering order data. These technologies aid in developing fresh commercial prospects, and transforming supply networks. End users can successfully manage supply chain activities by leveraging design and simulation tools, warehouse management, transportation and yard management, and end-to-end logistics network control aided by maritime information. Additionally, stricter environmental regulations continue to influence the maritime transportation industry since transporters must save costs and ensure sustainability in operations. Thus, the increasing need to efficiently manage complex supply chain operations drives the maritime information market share.
Platform-based Insights
The maritime information market is segmented on the basis of platform, application, and end-user. Based on platform, the maritime information market is segmented into on-shore and vessel. The vessel segment held a larger market share in 2021. Companies operating in the maritime information market offer a range of marine solutions and services for a fleet of offshore vessels capable of servicing an extensive range of complex marine projects. Modern fleet incorporates new technologies, efficient propulsion systems, and proven reliability to serve a wide range of services such as subsea construction and towing operations. A growing number of fleet vessels is increasing the demand for advanced maritime information software and services for vessel operations and management is propelling the market growth.
Players operating in the maritime information market are mainly focused on the development of advanced and efficient products.
- In October 2021, Spire Global, Inc., a global provider of space-based data and analytics, announced the availability of Maritime 2.0, an update to Spire's maritime solutions that provide marine data on vessel locations, weather conditions, and global shipping activity organizations that can optimize real-time decision-making.
- In September 2022, Iridium Communications Inc. disclosed that Jan De Nul Group, a leading maritime construction and civil engineering company, has selected Iridium's Global Maritime Distress and Safety System solution. With the adoption of Iridium GMDSS, Jan De Nul is persisting in its affirmation to provide the safest operating environment possible for its personnel.
The maritime information market is segmented on the basis of platform, application, and end-user. Based on platform, the market is bifurcated into on-shore and vessel. Based on application, the market is segmented into fleet management, vessel tracking, and maritime security. Based on end-user, the market is bifurcated into commercial and government.
The maritime information market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, Europe led the market with a substantial revenue share, followed by North America and Asia Pacific. The maritime information market analysis helps to understand the upcoming trends, new technologies, and macro and micro factors that is expected to influence the market growth in coming years.
Company Profile:
- BAE Systems Plc
- Spire Global
- Iridium Communications Inc
- L3Harris Technologies Inc
- Lockheed Martin Corp
- ORBCOMM Inc
- Saab AB
- Thales Group
- Windward Ltd
- Northrop Grumman Corp
- Polestar
- Oneocean
- Fujitsu Limited
- Siemens AG
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Platform, Application, and End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global Maritime Information market was estimated to be US$ 1,882.01 million in 2021 and is expected to grow at a CAGR of 6.2%, during the forecast period 2022 - 2028.
Need for Efficient Management of Complex Supply Chain Operations driving the need for Maritime information market. The marine industry is embracing digitalization in a bid to improve efficiency, build smarter ships and fleets, and attain readiness toward global trade expansion. Global supply networks are expanding and growing more complex with a rise in consumer demand. Marine businesses need to continuously work out and implement new strategies to maximize efficiencies and streamline supply chains in the fiercely competitive global marketplace.
Emergence of Big Data Analytics and IoT, Information collected from large operation systems, such as ships and ports, is verified using data analytics which includes information about container weight, type, and destination. Additionally, it can analyze the ship’s trim, stability, engine performance, and communication data, among others. Big data analytics on ships can provide insights into historical container patterns and maritime conditions.
The key players, holding majority shares, in Maritime Information market includes Thales; Lockheed Martin; Northrop Grumman; L3Harris; and Bae Systems.
North America is the fastest growing regional market, followed by Europe.
US and Germany are expected to register high growth rates during the forecast period.
The US held the largest market share in 2022, followed by Germany.
The incremental growth, expected to be recorded for the Maritime information market during the forecast period, is US$ 851.58 million.
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. Maritime Information Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 Key Regulations
5. Maritime Information Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Need for Efficient Management of Complex Supply Chain Operations
5.1.2 Surge in Sea Trade and Increasing Maritime Budgets
5.1.3 Growing Adoption of Automatic Identification Systems
5.2 Market Restraints
5.2.1 Interoperability Issues and Cyber Threats
5.3 Market Opportunities
5.3.1 Development of Integrated Solutions to Lower Maritime Terrorism and Piracy
5.3.2 Rising Digitalization in Shipping Industry
5.4 Future Trends
5.4.1 Emergence of Big Data Analytics and IoT
5.4.2 Adoption of Cloud-Based Marine Information Solutions
5.5 Impact Analysis of Drivers and Restraints
6. Maritime Information Market – Global Market Analysis
6.1 Maritime Information Market Overview
6.2 Maritime Information Market Forecast and Analysis
6.3 Market Positioning – Global Key Players
7. Maritime Information Market Analysis – By Platform
7.1 Overview
7.2 Maritime Information Market, By Platform (2021 And 2028)
7.3 On-Shore
7.3.1 Overview
7.3.2 On-Shore: Maritime Information Market Revenue and Forecast To 2028 (US$ Million)
7.4 Vessel
7.4.1 Overview
7.4.2 Vessel: Maritime Information Market Revenue and Forecast To 2028 (US$ Million)
8. Maritime Information Market Revenue and Forecast to 2028 – By Application
8.1 Overview
8.2 Maritime Information Market, By Application (2021 And 2028)
8.3 Fleet Management
8.3.1 Overview
8.3.2 Fleet Management: Maritime Information Market Revenue and Forecast To 2028 (US$ Million)
8.4 Vessel Tracking
8.4.1 Overview
8.4.2 Vessel Tracking: Maritime Information Market Revenue and Forecast To 2028 (US$ Million)
8.5 Maritime Security
8.5.1 Overview
8.5.2 Maritime Security: Maritime Information Market Revenue and Forecast To 2028 (US$ Million)
9. Maritime Information Market Revenue and Forecast to 2028 – End-User
9.1 Overview
9.2 Maritime Information Market, By End-User (2021 And 2028)
9.3 Commercial
9.3.1 Overview
9.3.2 Commercial: Maritime Information Market Revenue and Forecast To 2028 (US$ Million)
9.4 Government
9.4.1 Overview
9.4.2 Government: Maritime Information Market Revenue and Forecast To 2028 (US$ Million)
10. Maritime Information Market – Geographic Analysis
10.1 Overview
10.2 North America: Maritime Information Market
10.2.1 North America: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Maritime Information Market, By Platform
10.2.3 North America: Maritime Information Market, By Application
10.2.4 North America: Maritime Information Market, By End-User
10.2.5 North America: Maritime Information Market, By Key Country
10.2.5.1 US: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Maritime Information Market, By Platform
10.2.5.1.2 US: Maritime Information Market, By Application
10.2.5.1.3 US: Maritime Information Market, By End-User
10.2.5.2 Canada: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Maritime Information Market, By Platform
10.2.5.2.2 Canada: Maritime Information Market, By Application
10.2.5.2.3 Canada: Maritime Information Market, By End-User
10.2.5.3 Mexico: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Maritime Information Market, By Platform
10.2.5.3.2 Mexico: Maritime Information Market, By Application
10.2.5.3.3 Mexico: Maritime Information Market, By End-User
10.3 Europe: Maritime Information Market
10.3.1 Europe: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Maritime Information Market, By Platform
10.3.3 Europe: Maritime Information Market, By Application
10.3.4 Europe: Maritime Information Market, By End-User
10.3.5 Europe: Maritime Information Market, By Key Country
10.3.5.1 France: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 France: Maritime Information Market, By Platform
10.3.5.1.2 France: Maritime Information Market, By Application
10.3.5.1.3 France: Maritime Information Market, By End-User
10.3.5.2 Germany: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 Germany: Maritime Information Market, By Platform
10.3.5.2.2 Germany: Maritime Information Market, By Application
10.3.5.2.3 Germany: Maritime Information Market, By End-User
10.3.5.3 UK: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 UK: Maritime Information Market, By Platform
10.3.5.3.2 UK: Maritime Information Market, By Application
10.3.5.3.3 UK: Maritime Information Market, By End-User
10.3.5.4 Italy: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 Italy: Maritime Information Market, By Platform
10.3.5.4.2 Italy: Maritime Information Market, By Application
10.3.5.4.3 Italy: Maritime Information Market, By End-User
10.3.5.5 Russia: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Maritime Information Market, By Platform
10.3.5.5.2 Russia: Maritime Information Market, By Application
10.3.5.5.3 Russia: Maritime Information Market, By End-User
10.3.5.6 Rest of Europe: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Maritime Information Market, By Platform
10.3.5.6.2 Rest of Europe: Maritime Information Market, By Application
10.3.5.6.3 Rest of Europe: Maritime Information Market, By End-User
10.4 APAC: Maritime Information
10.4.1 APAC: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 APAC: Maritime Information Market, By Platform
10.4.3 APAC: Maritime Information Market, By Application
10.4.4 APAC: Maritime Information Market, By End-User
10.4.5 APAC: Maritime Information Market, By Key Country
10.4.5.1 China: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 China: Maritime Information Market, By Platform
10.4.5.1.2 China: Maritime Information Market, By Application
10.4.5.1.3 China: Maritime Information Market, By End-User
10.4.5.2 Japan: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 Japan: Maritime Information Market, By Platform
10.4.5.2.2 Japan: Maritime Information Market, By Application
10.4.5.2.3 Japan: Maritime Information Market, By End-User
10.4.5.3 India: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Maritime Information Market, By Platform
10.4.5.3.2 India: Maritime Information Market, By Application
10.4.5.3.3 India: Maritime Information Market, By End-User
10.4.5.4 South Korea: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 South Korea: Maritime Information Market, By Platform
10.4.5.4.2 South Korea: Maritime Information Market, By Application
10.4.5.4.3 South Korea: Maritime Information Market, By End-User
10.4.5.5 Australia: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 Australia: Maritime Information Market, By Platform
10.4.5.5.2 Australia: Maritime Information Market, By Application
10.4.5.5.3 Australia: Maritime Information Market, By End-User
10.4.5.6 Rest of APAC: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Maritime Information Market, By Platform
10.4.5.6.2 Rest of APAC: Maritime Information Market, By Application
10.4.5.6.3 Rest of APAC: Maritime Information Market, By End-User
10.5 MEA: Maritime Information
10.5.1 MEA: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: Maritime Information Market, By Platform
10.5.3 MEA: Maritime Information Market, By Application
10.5.4 MEA: Maritime Information Market, By End-User
10.5.5 MEA: Maritime Information Market, By Key Country
10.5.5.1 South Africa: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Maritime Information Market, By Platform
10.5.5.1.2 South Africa: Maritime Information Market, By Application
10.5.5.1.3 South Africa: Maritime Information Market, By End-User
10.5.5.2 UAE: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 UAE: Maritime Information Market, By Platform
10.5.5.2.2 UAE: Maritime Information Market, By Application
10.5.5.2.3 UAE: Maritime Information Market, By End-User
10.5.5.3 Saudi Arabia: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 Saudi Arabia: Maritime Information Market, By Platform
10.5.5.3.2 Saudi Arabia: Maritime Information Market, By Application
10.5.5.3.3 Saudi Arabia: Maritime Information Market, By End-User
10.5.5.4 Rest of MEA: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Maritime Information Market, By Platform
10.5.5.4.2 Rest of MEA: Maritime Information Market, By Application
10.5.5.4.3 Rest of MEA: Maritime Information Market, By End-User
10.6 SAM: Maritime Information
10.6.1 SAM: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: Maritime Information Market, By Platform
10.6.3 SAM: Maritime Information Market, By Application
10.6.4 SAM: Maritime Information Market, By End-User
10.6.5 SAM: Maritime Information Market, By Key Country
10.6.5.1 Brazil: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Maritime Information Market, By Platform
10.6.5.1.2 Brazil: Maritime Information Market, By Application
10.6.5.1.3 Brazil: Maritime Information Market, By End-User
10.6.5.2 Argentina: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Maritime Information Market, By Platform
10.6.5.2.2 Argentina: Maritime Information Market, By Application
10.6.5.2.3 Argentina: Maritime Information Market, By End-User
10.6.5.3 Rest of SAM: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of SAM: Maritime Information Market, By Platform
10.6.5.3.2 Rest of SAM: Maritime Information Market, By Application
10.6.5.3.3 Rest of SAM: Maritime Information Market, By End-User
11. Maritime Information Market- COVID-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.1 Merger and Acquisition
13. Company Profiles
13.1 BAE Systems Plc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Spire Global
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Iridium Communications Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 L3Harris Technologies Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Lockheed Martin Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 ORBCOMM Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Saab AB
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Thales Group
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Windward Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Northrop Grumman Corp
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Polestar
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 ONEOCEAN
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 Fujitsu Limited
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
13.14 Siemens AG
13.14.1 Key Facts
13.14.2 Business Description
13.14.3 Products and Services
13.14.4 Financial Overview
13.14.5 SWOT Analysis
13.14.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Maritime Information Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Maritime Information Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Maritime Information Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe: Maritime Information Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe: Maritime Information Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe: Maritime Information Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 17. France: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 18. France: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 19. France: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 23. UK: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 24. UK: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 25. UK: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 29. Russia: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 35. APAC: Maritime Information Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 36. APAC: Maritime Information Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 37. APAC: Maritime Information Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 38. China: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 39. China: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 40. China: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 41. Japan: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 42. Japan: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 43. Japan: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 44. India: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 45. India: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 46. India: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 47. South Korea: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 48. South Korea: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 49. South Korea: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 50. Australia: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 51. Australia: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 52. Australia: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of APAC: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of APAC: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of APAC: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 56. MEA: Maritime Information Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 57. MEA: Maritime Information Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 58. MEA: Maritime Information Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 59. South Africa: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 60. South Africa: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 61. South Africa: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 62. UAE: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 63. UAE: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 64. UAE: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 65. Saudi Arabia: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 68. Rest of MEA: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 69. Rest of MEA: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 70. Rest of MEA: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 71. SAM: Maritime Information Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 72. SAM: Maritime Information Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 73. SAM: Maritime Information Market, By End-User – Revenue and Forecast to 2028 (US$ Million)
Table 74. Brazil: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 75. Brazil: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 76. Brazil: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 77. Argentina: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 78. Argentina: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 79. Argentina: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 80. Rest of SAM: Maritime Information Market, By Platform –Revenue and Forecast to 2028 (US$ Million)
Table 81. Rest of SAM: Maritime Information Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 82. Rest of SAM: Maritime Information Market, By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Maritime Information Market Segmentation
Figure 2. Maritime Information Market Segmentation – By Geography
Figure 3. Global Maritime Information Market Overview
Figure 4. Vessel Segment held the Largest Share of Maritime Information Market
Figure 5. Fleet Management Segment held the Largest Share of Maritime Information Market
Figure 6. Commercial Segment held the Largest Share of Maritime Information Market
Figure 7. Europe to Show Great Traction During Forecast Period
Figure 8. North America– PEST Analysis
Figure 9. Europe – PEST Analysis
Figure 10. Asia Pacific– PEST Analysis
Figure 11. Middle East & Africa – PEST Analysis
Figure 12. South America – PEST Analysis
Figure 13. Ecosystem Analysis: Maritime Information Market
Figure 14. Expert Opinion
Figure 15. Maritime Information Market: Impact Analysis of Drivers and Restraints
Figure 16. Maritime Information Market – Geographic Analysis
Figure 17. Maritime Information Market Forecast and Analysis (US$ Million)
Figure 18. Maritime Information Market, By Platform (2021 and 2028)
Figure 19. On-Shore: Maritime Information Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Vessel: Maritime Information Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Maritime Information Market, By Application (2021 and 2028)
Figure 22. Fleet Management: Maritime Information Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Vessel Tracking: Maritime Information Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Maritime Security: Maritime Information Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Maritime Information Market, By End-User (2021 and 2028)
Figure 26. Commercial: Maritime Information Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Government: Maritime Information Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Global Maritime Information Market Revenue Share, by Region (2021 and 2028)
Figure 29. North America: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. North America: Maritime Information Market Revenue Share, By Platform (2021 and 2028)
Figure 31. North America: Maritime Information Market Revenue Share, By Application (2021 and 2028)
Figure 32. North America: Maritime Information Market Revenue Share, By End-User (2021 and 2028)
Figure 33. North America: Maritime Information Market Revenue Share, By Key Country (2021 and 2028)
Figure 34. US: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Canada: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Mexico: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Europe: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Europe: Maritime Information Market Revenue Share, By Platform (2021 and 2028)
Figure 39. Europe: Maritime Information Market Revenue Share, By Application (2021 and 2028)
Figure 40. Europe: Maritime Information Market Revenue Share, By End-User (2021 and 2028)
Figure 41. Europe: Maritime Information Market Revenue Share, By Key Country (2021 and 2028)
Figure 42. France: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Germany: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. UK: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Italy: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Russia: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Rest of Europe: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. APAC: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. APAC: Maritime Information Market Revenue Share, By Platform (2021 and 2028)
Figure 50. APAC: Maritime Information Market Revenue Share, By Application (2021 and 2028)
Figure 51. APAC: Maritime Information Market Revenue Share, By End-User (2021 and 2028)
Figure 52. APAC: Maritime Information Market Revenue Share, By Key Country (2021 and 2028)
Figure 53. China: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Japan: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. India: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. South Korea: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. Australia: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. Rest of APAC: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. MEA: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. MEA: Maritime Information Market Revenue Share, By Platform (2021 and 2028)
Figure 61. MEA: Maritime Information Market Revenue Share, By Application (2021 and 2028)
Figure 62. MEA: Maritime Information Market Revenue Share, By End-User (2021 and 2028)
Figure 63. MEA: Maritime Information Market Revenue Share, By Key Country (2021 and 2028)
Figure 64. South Africa: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. UAE: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. Saudi Arabia: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. Rest of MEA: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. SAM: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. SAM: Maritime Information Market Revenue Share, By Platform (2021 and 2028)
Figure 70. SAM: Maritime Information Market Revenue Share, By Application (2021 and 2028)
Figure 71. SAM: Maritime Information Market Revenue Share, By End-User (2021 and 2028)
Figure 72. SAM: Maritime Information Market Revenue Share, By Key Country (2021 and 2028)
Figure 73. Brazil: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 74. Argentina: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 75. Rest of SAM: Maritime Information Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Impact of COVID-19 Pandemic on North American Country Markets
Figure 77. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 78. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 79. Impact of COVID-19 Pandemic on the Middle East & Africa Country Markets
Figure 80. Impact of COVID-19 Pandemic on South America Country Markets
The List of Companies - Maritime Information Market
- BAE Systems Plc
- Spire Global
- Iridium Communications Inc.
- L3Harris Technologies Inc
- Lockheed Martin Corp
- ORBCOMM Inc
- Saab AB
- Thales Group
- Windward Ltd
- Northrop Grumman Corp
- Polestar
- ONEOCEAN
- Fujitsu Limited
- Siemens AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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