Maritime Information Services Market

The Global "Maritime Information Services Market" was valued at USD 2.67 Billion in 2023 and is projected to reach USD 3.97 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period (2024-2030). The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Maritime information services provide data and support for the navigation, safety, and operational efficiency of maritime vessels. These services include weather updates, route planning, traffic information, and security alerts, helping to ensure safe and efficient maritime operations.

• Influence of COVID-19: The estimation of market sizes includes the impact of the COVID-19 pandemic, which has affected global trade, shipping operations, and the demand for maritime information services.

• Impact of the Russia-Ukraine War: The ongoing conflict between Russia and Ukraine has been considered in the market analysis, potentially influencing global shipping routes, trade dynamics, and maritime security concerns.

• Drivers of Growth: Key drivers of market growth include increasing global trade and maritime traffic, advancements in maritime information and communication technologies, and the need for enhanced maritime safety and security.

• Technological Advancements: Innovations in satellite communication, data analytics, and real-time tracking systems are improving the efficiency and reliability of maritime information services.

• Regulatory Support: Government regulations and international maritime organizations' initiatives promoting maritime safety, security, and environmental protection are expected to drive market growth.

• Challenges: The market faces challenges such as high implementation costs, data privacy concerns, and the need for continuous technological updates to address evolving maritime threats and requirements.

• Regional Insights: North America and Europe are anticipated to hold significant market shares due to advanced maritime infrastructure and technological adoption, while the Asia-Pacific region is projected to witness substantial growth driven by increasing maritime trade and investments in port development.

The global key manufacturers of Maritime Information Services include Garmin Ltd., Inmarsat Global Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Maxar Technologies Inc., ORBCOMM Inc., Raytheon Technologies Corp., Saab AB and Teledyne FLIR LLC, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

Maritime Information Services Market aims to provide a comprehensive presentation of the global market for Maritime Information Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Maritime Information Services. Maritime Information Services Market contains market size and forecasts of Maritime Information Services in global, including the following market information:

• Global Maritime Information Services Market Revenue, 2019-2024, 2025-2030, ($ millions)
• Global top five companies in 2023 (%)

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Maritime Information Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Maritime Information Services Market, by Type, 2019-2024, 2025-2030 ($ millions)

Global Maritime Information Services Market Segment Percentages, by Type, 2023 (%)

• AIS
• Vessel Tracking (Except AIS)
• Maritime Information Provision
• Maritime Information Analytics
• Other

Global Maritime Information Services Market, by Application, 2019-2024, 2025-2030 ($ millions)

Global Maritime Information Services Market Segment Percentages, by Application, 2023 (%)

• Commercial
• Government

Global Maritime Information Services Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)

Global Maritime Information Services Market Segment Percentages, By Region and Country, 2023 (%)

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Maritime Information Services revenues in global market, 2019-2024 (estimated), ($ millions)
• Key companies Maritime Information Services revenues share in global market, 2023 (%)

Further, the report presents profiles of competitors in the market, key players include:

• 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

Outline of Major Chapters:

Chapter 1: Introduces the definition of Maritime Information Services, market overview.

Chapter 2: Global Maritime Information Services market size in revenue.

Chapter 3: Detailed analysis of Maritime Information Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Maritime Information Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.