DUBLIN, June 12, 2023 /PRNewswire/ — The “Yacht Management Software Market By Component, By Deployment Mode, By Enterprise Size, By Location, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering.
According to this report the yacht management software market was valued at $653.54 million in 2021, and is estimated to reach $2.5 billion by 2031, growing at a CAGR of 14.8% from 2022 to 2031.
Key Market Players
Oracle Corporation
ABB Ltd.
DockMaster
Marina Master
Marine Cloud Ltd.
Scribble Software
lloyd’s register
Chetu Inc.
Harbour Assist
Seahub
Yacht management software is a full-service marina and boatyard that can handle all the boating requirements. The skilled marine crew at yacht management, a registered and insured boatyard, oversees all activities at an opulent facility to guarantee the best level of customer care.
Yacht management software provides a wide range of services, such as complete refits or restorations, haul outs, bottom painting, fibreglass repairs, marine engine repair, marine generator service, and other such yacht management services.
In an atmosphere that is growing more litigious, yacht owners are becoming more selective and seeking to reduce their different obligations. Protection, dependability, compliance, decreased liability, increased residual value, and financial accountability are all benefits of yacht management for the owner.
Surge in increase in saving time while scheduling maintenance and transparency among the captain, crew, and the owner in the market primarily drive the growth of the yacht management market. However, cost of subscription and setup and onboarding initial user’s providers hamper the market growth to some extent. Moreover, increase in use of cloud-based yacht management tools to automate shipping processes are expected to provide lucrative opportunities for the market growth during the forecast period.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the yacht management software market analysis from 2021 to 2031 to identify the prevailing yacht management software market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the yacht management software market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global yacht management software market trends, key players, market segments, application areas, and market growth Strategies.
Market Dynamics
Drivers
Saving time while scheduling maintenance
Transparency among the captain, crew, and the owner
Restraints
Cost of subscription
Setup and onboarding initial users
Opportunities
Increasing use of cloud-based yacht management tools to automate shipping processes
Key Market Segments
By Location
Onboard
Onshore
By Application
Crew Management
Port Management
Harbor Management
Safety Management
Reservation Management
By Component
Software
Services
By Deployment Mode
On-premise
Cloud
By Enterprise Size
Large Enterprise
SMEs
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
For more information about this report visit https://www.researchandmarkets.com/r/mk9o8z
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SOURCE Research and Markets