According to IMARC Group's latest research report, titled "United States Maritime Information Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights into the market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The United States maritime information market size reached US$ 440 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 679 Million by 2027, exhibiting a growth rate (CAGR) of 7.3% during 2022-2027.
United States Maritime Information Market Outlook:
Maritime information solutions provide essential information and data to understand the events occurring in marine transportation. They assist vessels in adapting to dynamic sea conditions by providing several parameters that help users and organizations make better operational and strategic decisions. They also enhance the overall productivity, safety, and efficiency of marine operations. In the United States, maritime information solutions are deployed with Automatic Identification System (AIS) to monitor naval traffic while avoiding collisions with other ships.
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United States Maritime Information Market Growth:
The United States maritime information market is primarily driven by a rise in the development of maritime information systems for national defense. Besides this, the integration of big data analytics with maritime information is being used to manage and monitor disaster management and volcano monitoring in the region. The adoption of the Internet of Things (IoT) or machine-to-machine (M2M) products and services with the support of cloud platforms is also improving the efficiency of maritime information systems. Furthermore, manufacturers are developing new technologies and financing research and development (R&D) activities to attain accurate signal detection from naval vessels.
Key Market Segmentation:
Breakup by Application:
Maritime Information Analytics
Maritime Information Provision
Vessel Tracking
AIS (Automatic Identification System)
Breakup by End User:
Government
Defense
Intelligence and Security
Search and Rescue
Government Agency
Others
Commercial
Port Management
Business Intelligence
Commercial Fishing
Commercial Shipping
Hydrographic and Charting
Commercial Offshore
Others
Breakup by Region:
Northeast
Midwest
South
West
Key Highlights of the Report:
Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
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