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Global Maritime Information Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 9/1/2022
  • NO OF PAGES
  • 234
  • CATEGORY
  • Information Technology

Market Overview:

The Global Maritime Information Market size was valued at USD 158.4 billion in 2022, and is projected to reach USD 524.4 billion by 2032 at a CAGR of 12.1% from 2022 to 2032.

The maritime industry is constantly evolving, and with the rise of technological advancements, the need for accurate and up-to-date information has become essential. The maritime information market is a segment of the broader shipping industry that deals with the gathering, analysis, and dissemination of information related to the maritime sector. This market has grown significantly in recent years, with the increasing demand for real-time data and insights to aid decision-making processes. The maritime information market involves the collection, processing, and dissemination of information and data related to the maritime industry. This information may include shipping schedules, weather conditions, port congestion, freight rates, vessel positions, and other relevant data points. This information is used by various stakeholders in the maritime industry, including ship-owners, operators, brokers, port authorities, and other organizations.

The adoption of the maritime information market has been increasing rapidly in recent years, driven by the growing demand for real-time data and insights. Several factors have contributed to this trend, including: Technological advancements: Advances in technology have made it easier and more cost-effective to collect and disseminate information, driving the adoption of the market. Globalization: The growth of global trade has increased the need for accurate and up-to-date information in the maritime industry, driving demand for the market. Regulatory requirements: Regulations related to safety and environmental concerns have increased the need for real-time data in the industry, driving adoption of the market.

The maritime information market involves the collection, processing, and dissemination of real-time data and insights related to the maritime industry.

The maritime information market is a segment of the shipping industry that deals with the gathering, processing, and dissemination of information and data related to maritime operations. This market includes a wide range of data points, such as vessel positions, weather conditions, shipping schedules, port congestion, freight rates, and other relevant data. One of the key features of the maritime information market is its focus on real-time data and insights. With the help of advanced technologies, such as sensors, satellites, and artificial intelligence, stakeholders in the industry can access up-to-date information and insights that can help them make quick and informed decisions. This real-time data is critical in helping stakeholders optimize their operations, reduce inefficiencies, and improve safety in the maritime industry. The adoption of the maritime information market has been driven by several factors. Firstly, technological advancements have made it easier and more cost-effective to collect, process, and disseminate information, driving the adoption of the market. Secondly, the growth of global trade has increased the need for accurate and up-to-date information in the maritime industry, further driving demand for the market. Thirdly, regulations related to safety and environmental concerns have increased the need for real-time data in the industry, driving adoption of the market. Overall, the maritime information market provides several advantages to stakeholders in the maritime industry, including improved efficiency, safety, planning, and cost savings. The adoption of this market is expected to continue to increase in the coming years, as stakeholders look for ways to leverage real-time data and insights to optimize their operations and gain a competitive advantage in the industry.

Segmentation:

By Technology

·         IoT

·         Blockchain

·         Others

By Application

·         Fleet Management

·         Vessel Management

·         Energy Management

·         Inventory Management

·         Predictive Maintenance

By End User

·         Ports and Terminals

·         Shipping Companies

·         Maritime Freight Forwarders

 

Geography:

The maritime information market is a global market with a wide range of stakeholders from various regions. It is difficult to determine a single region that dominates the market, as the demand for maritime information services is driven by various factors such as shipping volume, port infrastructure, and trade patterns. However, some regions have emerged as significant players in the market. For example, the Asia-Pacific region is home to some of the world's busiest ports and has witnessed significant growth in the maritime industry in recent years, which has driven the demand for maritime information services. Similarly, Europe has a well-established maritime industry, with several major ports and shipping companies, which has also driven the demand for maritime information services in the region.

Other regions, such as North America and the Middle East, have also witnessed significant growth in the maritime industry, driving the demand for maritime information services. However, the market is global in nature, and the demand for maritime information services is driven by a wide range of factors, making it difficult to determine a single region that dominates the market.

Impact of COVID-19 on the global Maritime Information Market:

The COVID-19 pandemic has had a significant impact on the maritime industry, including the maritime information market. The pandemic has disrupted global trade, resulting in port closures, reduced shipping volumes, and changes in shipping patterns. This has, in turn, affected the demand for maritime information services. One of the key impacts of COVID-19 on the maritime information market has been the increase in demand for real-time data related to the pandemic itself. Stakeholders in the industry have been seeking information on the status of ports, shipping routes, and vessels affected by the pandemic to ensure the safety of crew and cargoes. Additionally, there has been an increased demand for data related to the supply chain disruptions caused by the pandemic, including delays and cancellations of shipments.

Impact of the Russia-Ukraine War on the global Maritime Information Market:

The ongoing conflict between Russia and Ukraine has had a significant impact on the maritime industry, including the maritime information market. The conflict has resulted in the closure of ports, changes in shipping patterns, and an increased focus on security and safety in the region, all of which have affected the demand for maritime information services. One of the key impacts of the conflict on the maritime information market has been the disruption of shipping routes. The conflict has resulted in the closure of some ports in the region, which has forced ships to reroute, resulting in increased transit times and potential delays. This has increased the demand for real-time information on port statuses and shipping routes, as stakeholders in the industry seek to optimize their operations and minimize disruptions. The conflict has also highlighted the importance of security and safety in the region. In response to the conflict, there has been an increased focus on monitoring and tracking vessels in the region, as well as implementing security measures to ensure the safety of crew and cargo. This has driven the demand for maritime information services related to security, such as tracking and monitoring technologies.

Furthermore, the conflict has had an impact on the political and economic stability of the region, which has affected the demand for maritime information services related to trade and commerce. The conflict has disrupted trade patterns in the region, leading to changes in demand for shipping services and affecting freight rates. This has driven the demand for data and insights related to trade patterns and market conditions in the region. Overall, the conflict between Russia and Ukraine has had a significant impact on the maritime information market, driving the demand for real-time data, security-related services, and insights related to trade patterns and market conditions in the region. The conflict highlights the importance of the maritime industry in global trade and underscores the need for accurate and timely information to optimize operations and mitigate risks.

Company Profiles:

·         Lloyd's List Intelligence

·         Vesseltracker

·         MarineTraffic

·         FleetMon

·         Windward

·         Pole Star Space Applications

·         Navis

·         Transas

·         ShipStation

·         Orbcomm

·         Spire Global

·         Satelligence

·         Kongsberg Maritime

·         ExactEarth

·         SRT Marine Systems.

Global Maritime Information Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Maritime Information market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.


Key Points:
Define, describe and forecast Maritime Information product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Maritime Information Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Maritime Information
1.3 Maritime Information Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Maritime Information
1.4.2 Applications of Maritime Information
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 Kongsberg Gruppen ASA Market Performance Analysis
3.1.1 Kongsberg Gruppen ASA Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Kongsberg Gruppen ASA Sales, Value, Price, Gross Margin 2016-2021
3.2 Thales Group Market Performance Analysis
3.2.1 Thales Group Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Thales Group Sales, Value, Price, Gross Margin 2016-2021
3.3 L3Harris Technologies Inc. Market Performance Analysis
3.3.1 L3Harris Technologies Inc. Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 L3Harris Technologies Inc. Sales, Value, Price, Gross Margin 2016-2021
3.4 Garmin Ltd. Market Performance Analysis
3.4.1 Garmin Ltd. Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Garmin Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.5 Inmarsat Group Ltd. Market Performance Analysis
3.5.1 Inmarsat Group Ltd. Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Inmarsat Group Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.6 Saab AB Market Performance Analysis
3.6.1 Saab AB Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Saab AB Sales, Value, Price, Gross Margin 2016-2021
3.7 FLIR Systems Inc. Market Performance Analysis
3.7.1 FLIR Systems Inc. Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 FLIR Systems Inc. Sales, Value, Price, Gross Margin 2016-2021
3.8 Maxar Technologies Inc. Market Performance Analysis
3.8.1 Maxar Technologies Inc. Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Maxar Technologies Inc. Sales, Value, Price, Gross Margin 2016-2021
3.9 ORBCOMM Inc. Market Performance Analysis
3.9.1 ORBCOMM Inc. Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 ORBCOMM Inc. Sales, Value, Price, Gross Margin 2016-2021
3.10 Raytheon Co. Market Performance Analysis
3.10.1 Raytheon Co. Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Raytheon Co. Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Maritime Information Production and Value by Type
4.1.1 Global Maritime Information Production by Type 2016-2021
4.1.2 Global Maritime Information Market Value by Type 2016-2021
4.2 Global Maritime Information Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 MIA Market Production, Value and Growth Rate
4.2.2 MIP Market Production, Value and Growth Rate
4.2.3 VT Market Production, Value and Growth Rate
4.2.4 AIS Market Production, Value and Growth Rate
4.3 Global Maritime Information Production and Value Forecast by Type
4.3.1 Global Maritime Information Production Forecast by Type 2021-2026
4.3.2 Global Maritime Information Market Value Forecast by Type 2021-2026
4.4 Global Maritime Information Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 MIA Market Production, Value and Growth Rate Forecast
4.4.2 MIP Market Production, Value and Growth Rate Forecast
4.4.3 VT Market Production, Value and Growth Rate Forecast
4.4.4 AIS Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Maritime Information Consumption and Value by Application
5.1.1 Global Maritime Information Consumption by Application 2016-2021
5.1.2 Global Maritime Information Market Value by Application 2016-2021
5.2 Global Maritime Information Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Commercial Market Consumption, Value and Growth Rate
5.2.2 Government Market Consumption, Value and Growth Rate
5.3 Global Maritime Information Consumption and Value Forecast by Application
5.3.1 Global Maritime Information Consumption Forecast by Application 2021-2026
5.3.2 Global Maritime Information Market Value Forecast by Application 2021-2026
5.4 Global Maritime Information Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Commercial Market Consumption, Value and Growth Rate Forecast
5.4.2 Government Market Consumption, Value and Growth Rate Forecast

6 Global Maritime Information by Region, Historical Data and Market Forecasts
6.1 Global Maritime Information Sales by Region 2016-2021
6.2 Global Maritime Information Market Value by Region 2016-2021
6.3 Global Maritime Information Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Maritime Information Sales Forecast by Region 2021-2026
6.5 Global Maritime Information Market Value Forecast by Region 2021-2026
6.6 Global Maritime Information Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State Maritime Information Value and Market Growth 2016-2021
7.2 United State Maritime Information Sales and Market Growth 2016-2021
7.3 United State Maritime Information Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada Maritime Information Value and Market Growth 2016-2021
8.2 Canada Maritime Information Sales and Market Growth 2016-2021
8.3 Canada Maritime Information Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany Maritime Information Value and Market Growth 2016-2021
9.2 Germany Maritime Information Sales and Market Growth 2016-2021
9.3 Germany Maritime Information Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK Maritime Information Value and Market Growth 2016-2021
10.2 UK Maritime Information Sales and Market Growth 2016-2021
10.3 UK Maritime Information Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France Maritime Information Value and Market Growth 2016-2021
11.2 France Maritime Information Sales and Market Growth 2016-2021
11.3 France Maritime Information Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy Maritime Information Value and Market Growth 2016-2021
12.2 Italy Maritime Information Sales and Market Growth 2016-2021
12.3 Italy Maritime Information Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain Maritime Information Value and Market Growth 2016-2021
13.2 Spain Maritime Information Sales and Market Growth 2016-2021
13.3 Spain Maritime Information Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia Maritime Information Value and Market Growth 2016-2021
14.2 Russia Maritime Information Sales and Market Growth 2016-2021
14.3 Russia Maritime Information Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China Maritime Information Value and Market Growth 2016-2021
15.2 China Maritime Information Sales and Market Growth 2016-2021
15.3 China Maritime Information Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan Maritime Information Value and Market Growth 2016-2021
16.2 Japan Maritime Information Sales and Market Growth 2016-2021
16.3 Japan Maritime Information Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Maritime Information Value and Market Growth 2016-2021
17.2 South Korea Maritime Information Sales and Market Growth 2016-2021
17.3 South Korea Maritime Information Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia Maritime Information Value and Market Growth 2016-2021
18.2 Australia Maritime Information Sales and Market Growth 2016-2021
18.3 Australia Maritime Information Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Maritime Information Value and Market Growth 2016-2021
19.2 Thailand Maritime Information Sales and Market Growth 2016-2021
19.3 Thailand Maritime Information Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Maritime Information Value and Market Growth 2016-2021
20.2 Brazil Maritime Information Sales and Market Growth 2016-2021
20.3 Brazil Maritime Information Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Maritime Information Value and Market Growth 2016-2021
21.2 Argentina Maritime Information Sales and Market Growth 2016-2021
21.3 Argentina Maritime Information Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile Maritime Information Value and Market Growth 2016-2021
22.2 Chile Maritime Information Sales and Market Growth 2016-2021
22.3 Chile Maritime Information Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Maritime Information Value and Market Growth 2016-2021
23.2 South Africa Maritime Information Sales and Market Growth 2016-2021
23.3 South Africa Maritime Information Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Maritime Information Value and Market Growth 2016-2021
24.2 Egypt Maritime Information Sales and Market Growth 2016-2021
24.3 Egypt Maritime Information Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE Maritime Information Value and Market Growth 2016-2021
25.2 UAE Maritime Information Sales and Market Growth 2016-2021
25.3 UAE Maritime Information Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Maritime Information Value and Market Growth 2016-2021
26.2 Saudi Arabia Maritime Information Sales and Market Growth 2016-2021
26.3 Saudi Arabia Maritime Information Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


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