Maritime information market size to increase by USD 1,013.78 million; Europe to account for 43% of market growth – Technavio

NEW YORK, Jan. 25, 2023 /PRNewswire/ — The Maritime Information Market by Application, End-user, and Geography – Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 1,013.78 million between 2022 and 2027 at a CAGR of 9.97%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report

Regional Analysis

By region, the global maritime information market is segmented into Europe, North America, APAC, Middle East and Africa, and South America. Europe will account for 43% of market growth during the forecast period. Many enterprises operating in the region are adopting maritime information solutions to get a common view of maritime operations and improve their decision-making process. This is one of the key factors driving the growth of the maritime information market in Europe. Buy the report

Company Profiles

The maritime information market report includes information on the key products and recent developments of leading vendors, including:

• Elbit Systems Ltd. – The company offers maritime information products such as SABR GPS receivers, FALCON, and BAE SystemsDataRetain.
• Inmarsat Global Ltd. – The company offers maritime information products such as D-ID sonar, CHIRP sonar, and Garmin ClearVu.
• Intelsat US LLC – The company offers maritime information products such as Inmarsat and GMDSS.
• Kongsberg Gruppen ASA – The company offers maritime information products such as FlexMaritime.

Market Dynamics

The market is driven by factors such as the need to comply with strict regulations, rising demand for operational efficiency enhancement by machine learning and data science, and integration of AISs into maritime information solutions. However, the high cost of implementation is hindering market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample

Market Segmentation

• By end-user, the market is segmented into commercial and government. The commercial segment accounted for the largest share of the market in 2022.
• By geography, the market is segmented into Europe, North America, APAC, Middle East and Africa, and South America. Europe held the largest share of the market in 2022.

Related Reports:

• The satellite phone market is estimated to grow at a CAGR of 4.2% between 2022 and 2027. The size of the market is forecast to increase by USD 137.43 million. The innovative features and user interfaces are notably driving the satellite phone market growth, although factors such as stringent regulatory standards for satellite phone development may impede the market growth.
• The satellite ground station equipment market size is expected to increase by USD 6.86 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.11%. The increasing investments in HTS communication are notably driving the satellite ground station equipment market growth, although factors such as high initial investments may impede the market growth.

Technavio’s library includes over 17,000+ reports, covering more than 2,000 emerging technologies. Subscribe to our “Basic Plan” at just USD 5,000 and get lifetime access to Technavio Insights

What are the key data covered in this maritime information market report?

• CAGR of the market during the forecast period.
• Detailed information on factors that will drive the growth of the market between 2023 and 2027
• Precise estimation of the size of the maritime information market and its contribution to the parent market.
• Accurate predictions about upcoming trends and changes in consumer behavior.
• Growth of the market across Europe, North America, APAC, Middle East and Africa, and South America.
• A thorough analysis of the market’s competitive landscape and detailed information about vendors.
• Comprehensive analysis of factors that will challenge the growth of maritime information market vendors. 

Maritime Information Market Scope

Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global maritime information market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global maritime information market 2017 – 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 – 2021 ($ million)

• 4.3 Application Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Commercial – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Commercial – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Commercial – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Commercial – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Commercial – Year-over-year growth 2022-2027 (%)

• 6.4 Government – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Government – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Government – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Government – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Government – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 42: Market opportunity by End-user ($ million)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 43: Chart on Application – Market share 2022-2027 (%)
• Exhibit 44: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 45: Chart on Comparison by Application
• Exhibit 46: Data Table on Comparison by Application

• 7.3 MIA – Market size and forecast 2022-2027 
• Exhibit 47: Chart on MIA – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on MIA – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on MIA – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on MIA – Year-over-year growth 2022-2027 (%)

• 7.4 MIP – Market size and forecast 2022-2027 
• Exhibit 51: Chart on MIP – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on MIP – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on MIP – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on MIP – Year-over-year growth 2022-2027 (%)

• 7.5 VT – Market size and forecast 2022-2027 
• Exhibit 55: Chart on VT – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on VT – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on VT – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on VT – Year-over-year growth 2022-2027 (%)

• 7.6 AIS – Market size and forecast 2022-2027 
• Exhibit 59: Chart on AIS – Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on AIS – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on AIS – Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on AIS – Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 63: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 Europe – Market size and forecast 2022-2027 
• Exhibit 69: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027 
• Exhibit 73: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027 
• Exhibit 77: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027 
• Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 89: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 UK – Market size and forecast 2022-2027 
• Exhibit 93: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027 
• Exhibit 97: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 Greece – Market size and forecast 2022-2027 
• Exhibit 101: Chart on Greece – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Greece – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Greece – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Greece – Year-over-year growth 2022-2027 (%)

• 9.12 Japan – Market size and forecast 2022-2027 
• Exhibit 105: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 BAE Systems Plc
• Exhibit 116: BAE Systems Plc – Overview
• Exhibit 117: BAE Systems Plc – Business segments
• Exhibit 118: BAE Systems Plc – Key offerings
• Exhibit 119: BAE Systems Plc – Segment focus

• 12.4 Garmin Ltd
• Exhibit 120: Garmin Ltd – Overview
• Exhibit 121: Garmin Ltd – Business segments
• Exhibit 122: Garmin Ltd – Key offerings
• Exhibit 123: Garmin Ltd – Segment focus

• 12.5 Inmarsat Global Ltd.
• Exhibit 124: Inmarsat Global Ltd. – Overview
• Exhibit 125: Inmarsat Global Ltd. – Business segments
• Exhibit 126: Inmarsat Global Ltd. – Key offerings
• Exhibit 127: Inmarsat Global Ltd. – Segment focus

• 12.6 Intelsat US LLC
• Exhibit 128: Intelsat US LLC – Overview
• Exhibit 129: Intelsat US LLC – Business segments
• Exhibit 130: Intelsat US LLC – Key offerings
• Exhibit 131: Intelsat US LLC – Segment focus

• 12.7 Kongsberg Gruppen ASA 
• Exhibit 132: Kongsberg Gruppen ASA – Overview
• Exhibit 133: Kongsberg Gruppen ASA – Business segments
• Exhibit 134: Kongsberg Gruppen ASA – Key news
• Exhibit 135: Kongsberg Gruppen ASA – Key offerings
• Exhibit 136: Kongsberg Gruppen ASA – Segment focus

• 12.8 L3Harris Technologies Inc. 
• Exhibit 137: L3Harris Technologies Inc. – Overview
• Exhibit 138: L3Harris Technologies Inc. – Business segments
• Exhibit 139: L3Harris Technologies Inc. – Key news
• Exhibit 140: L3Harris Technologies Inc. – Key offerings
• Exhibit 141: L3Harris Technologies Inc. – Segment focus

• 12.9 Lockheed Martin Corp. 
• Exhibit 142: Lockheed Martin Corp. – Overview
• Exhibit 143: Lockheed Martin Corp. – Business segments
• Exhibit 144: Lockheed Martin Corp. – Key news
• Exhibit 145: Lockheed Martin Corp. – Key offerings
• Exhibit 146: Lockheed Martin Corp. – Segment focus

• 12.10 Maritec Solutions
• Exhibit 147: Maritec Solutions – Overview
• Exhibit 148: Maritec Solutions – Product / Service
• Exhibit 149: Maritec Solutions – Key offerings

• 12.11 Maxar Technologies Inc. 
• Exhibit 150: Maxar Technologies Inc. – Overview
• Exhibit 151: Maxar Technologies Inc. – Business segments
• Exhibit 152: Maxar Technologies Inc. – Key offerings
• Exhibit 153: Maxar Technologies Inc. – Segment focus

• 12.12 ORBCOMM Inc.
• Exhibit 154: ORBCOMM Inc. – Overview
• Exhibit 155: ORBCOMM Inc. – Product / Service
• Exhibit 156: ORBCOMM Inc. – Key offerings

• 12.13 Raytheon Technologies Corp. 
• Exhibit 157: Raytheon Technologies Corp. – Overview
• Exhibit 158: Raytheon Technologies Corp. – Business segments
• Exhibit 159: Raytheon Technologies Corp. – Key news
• Exhibit 160: Raytheon Technologies Corp. – Key offerings
• Exhibit 161: Raytheon Technologies Corp. – Segment focus

• 12.14 Saab AB
• Exhibit 162: Saab AB – Overview
• Exhibit 163: Saab AB – Business segments
• Exhibit 164: Saab AB – Key news
• Exhibit 165: Saab AB – Key offerings
• Exhibit 166: Saab AB – Segment focus

• 12.15 Spire Global Inc.
• Exhibit 167: Spire Global Inc. – Overview
• Exhibit 168: Spire Global Inc. – Product / Service
• Exhibit 169: Spire Global Inc. – Key offerings

• 12.16 Teledyne Technologies Inc. 
• Exhibit 170: Teledyne Technologies Inc. – Overview
• Exhibit 171: Teledyne Technologies Inc. – Business segments
• Exhibit 172: Teledyne Technologies Inc. – Key news
• Exhibit 173: Teledyne Technologies Inc. – Key offerings
• Exhibit 174: Teledyne Technologies Inc. – Segment focus

• 12.17 Thales Group
• Exhibit 175: Thales Group – Overview
• Exhibit 176: Thales Group – Business segments
• Exhibit 177: Thales Group – Key offerings
• Exhibit 178: Thales Group – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 179: Inclusions checklist
• Exhibit 180: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 181: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 182: Research methodology
• Exhibit 183: Validation techniques employed for market sizing
• Exhibit 184: Information sources

• 13.5 List of abbreviations 
• Exhibit 185: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

SOURCE Technavio

Go to Source