Authored By: Sarah
05 Oct 2021

Maritime Information Market | Growth and Analysis
Recovery and Growth Insights for 2021-2025

The maritime information market and it is expected to grow by $ 719.51 mn, accelerating at a CAGR of almost 8.71% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.


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Maritime Information Market: Market Segments and Key Trends

This report provides a detailed analysis of the market by End-user (commercial and government), Application (MIA, MIP, VT, and AIS), and Geography (Europe, North America, APAC, MEA, and South America). 43% of the market growth will originate from Europe during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Maritime Information Market: What are the Growth Drivers?

The Need to comply with strict regulations is one of the primary factors that will drive the growth of the maritime information market. The report provides a detailed study of this and all the other drivers that are likely to boost the market growth. For a deeper understanding of this market request our FREE Sample Report. Our analysis will help the client to prepare for recovery and growth post the havoc caused by the pandemic.

Maritime Information Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Vendor Analysis: Garmin Ltd., Inmarsat Global Ltd. and Kongsberg Gruppen ASA are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Garmin Ltd., Inmarsat Global Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Maxar Technologies Inc., ORBCOMM Inc., Raytheon Technologies Corp., Saab AB, Teledyne FLIR LLC, and Thales Group are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Maritime Information Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive maritime information market growth during the next five years
  • Precise estimation of the maritime information market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the maritime information market industry across Europe, North America, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of maritime information market vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 8.71%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 719.51 mn through 2021-2025.

     
  3. What is a key factor driving this market?
    Need to comply with strict regulations will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    43% growth will originate from Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Garmin Ltd., Inmarsat Global Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Maxar Technologies Inc., ORBCOMM Inc., Raytheon Technologies Corp., Saab AB, Teledyne FLIR LLC, and Thales Group

     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (commercial and government), Application (MIA, MIP, VT, and AIS), and Geography (Europe, North America, APAC, MEA, and South America)

Maritime Information Market: Leading Regions and Market Trends

Geographical Segmentation and Growth Analysis

The maritime information market is set to grow by $ 719.51 mn, accelerating at a CAGR of almost 8.71% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.


For a glimpse into our research analysis and insights: Request for our Free Sample Report


Maritime Information Market: Europe to lead market growth during the forecast period

  • 43% of the market growth will originate from Europe during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Maritime Information Market size.
  • One of the key drivers that is likely to drive market growth is the need to comply with strict regulations. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
  • The report segments the market by End-user (commercial and government), Application (MIA, MIP, VT, and AIS), and Geography (Europe, North America, APAC, MEA, and South America). A detailed analysis of each segment and its contribution to the market share is provided along with factors that are likely to boost the market growth.

Maritime Information Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Maritime Information Market: Vendor Landscape

Garmin Ltd., Inmarsat Global Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Maxar Technologies Inc., ORBCOMM Inc., Raytheon Technologies Corp., Saab AB, Teledyne FLIR LLC, and Thales Groupare some of the major market participants. The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 8.71%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 719.51 mn through 2021-2025.
     
  3. What is a key factor driving this market?
    Need to comply with strict regulations will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    43% growth will originate from Europe
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Garmin Ltd., Inmarsat Global Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Maxar Technologies Inc., ORBCOMM Inc., Raytheon Technologies Corp., Saab AB, Teledyne FLIR LLC, and Thales Group
     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (commercial and government), Application (MIA, MIP, VT, and AIS), and Geography (Europe, North America, APAC, MEA, and South America).

Market Segmentation by End-user

    • Maritime Information Market Split by End-user
      • commercial
      • government
    • Maritime Information Market Split by Application
      • MIA
      • MIP
      • VT
      • AIS
    • Maritime Information Market Split by Geography
      • Europe
      • North America
      • APAC
      • MEA
      • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Garmin Ltd.
  • Inmarsat Global Ltd.
  • Kongsberg Gruppen ASA
  • L3Harris Technologies Inc.
  • Maxar Technologies Inc.
  • ORBCOMM Inc.
  • Raytheon Technologies Corp.
  • Saab AB
  • Teledyne FLIR LLC
  • Thales Group

Maritime Information Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024

Technavio has been monitoring the maritime information market and it is expected to grow by $ 736.98 million, accelerating at a CAGR of almost 8% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Maritime Information Market: Receive Free Sample Report


Maritime Information Market: Key Trends to impact market growth

The increase in seaborne trade is one of the key maritime information market trends. Growth by the commercial segment as opposed to the government end-user segment has been significant in recent years and is expected to offer further growth opportunities during the forecast period. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Maritime Information Market: Top Drivers to Boost Demand

The need to comply with strict regulations is one of the primary factors driving the growth of the maritime information market. Europe has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in Europe is rising demand for operational efficiency enhancement by machine learning and data science.The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business on the path to further growth.

Maritime Information Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Vendor Analysis: FLIR Systems Inc., Garmin Ltd. and Inmarsat Group Ltd. are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. FLIR Systems Inc., Garmin Ltd., Inmarsat Group Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Maxar Technologies Inc., ORBCOMM Inc., Raytheon Co., Saab AB, and Thales Group are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Maritime Information Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive maritime information market growth during the next five years
  • Precise estimation of the maritime information market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the maritime information market industry across Europe, North America, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of maritime information market vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 8%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 736.98 mn through 2020-2024.

     
  3. What is a key factor driving this market?
    Need to comply with strict regulations will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    45% growth will originate from Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are FLIR Systems Inc., Garmin Ltd., Inmarsat Group Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Maxar Technologies Inc., ORBCOMM Inc., Raytheon Co., Saab AB, and Thales Group

     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (Commercial and Government), Application (MIA, MIP, VT, and AIS), and Geography (Europe, North America, APAC, MEA, and South America)
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