Global Maritime Information Market to Reach US$ 4.3 Billion by 2032, Supported by Rising Trade Activities

October 30, 2019 | Technology & Media

According to the latest report by IMARC Group, titled “Maritime Information Market Report by Application (Maritime Information Analytics, Maritime Information Provision, Vessel Tracking, AIS (Automatic Identification System)), End-User (Government, Commercial), and Region 2024-2032”, the global maritime information market reached a value of US$ 2.0 Billion in 2023. Maritime information refers to a set of services that provide vital information and data required for understanding the events occurring in marine transportation. It is composed of advanced integrated technology, which is ideal for monitoring and surveillance purposes. The information gathered through these solutions helps control and manage the traffic on sea routes. The maritime information industry started in the 1950s with the introduction of containerization, such as car carriers, liquefied petroleum gas (LPG) tankers, or bulk carriers. With the growing sea trade and globalization, demand for maritime information has increased and the industry is witnessing technological advancements that have enabled the provision of real-time data.

Global Maritime Information Market Trends:

The growth in the industry can be attributed to a rise in trade activities amongst various countries led by rapid globalization and relaxation of trade laws. There are multiple benefits associated with maritime information systems, such as superior connectivity between the port and other ships and national territory protection. On account of these advantages, the market has been witnessing a buoyant demand from several end use industries. Besides this, the data collected from maritime information systems is highly useful in the commercial sector for analyzing the trade pattern and determining optimal routes and speed. This rise in demand has led operators to adopt advanced technologies for offering accurate data. Owing to these factors, the market value is projected to reach US$ 4.3 Billion by 2032, registering a CAGR of 8.6% during 2024-2032.

Market Summary:

  • On the basis of the application, the market has been segmented into maritime information analytics, maritime information provision, vessel tracking, and automatic identification system (AIS). Amongst these, maritime information analytics represent the most popular application segment.
  • The market has been bifurcated on the basis of the end-user, which consists of government and commercial. Currently, these systems are mostly employed by the commercial sector, which is further segmented into port management, business intelligence, commercial fishing, commercial shipping, hydrographic and charting, commercial offshore, and others.
  • On the geographical front, Europe represents the largest market for maritime information, accounting for the largest market share. This growth is led by the significant role played by the marine sector for providing employment and income for the European economy.
  • The competitive landscape of the market has also been examined, with some of the key players being Inmarsat, L3 Technologies, ORBCOMM, Raytheon Company, Thales Group, exactEarth, Iridium Communications.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Application, End-User, Region
Region Covered Europe, North America, Asia Pacific, Middle East and Africa, Latin America
Companies Covered Inmarsat, L3 Technologies, ORBCOMM, Raytheon Company, Thales Group, exactEarth and Iridium Communications
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

Tel No:(D) +91 120 433 0800 |

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Maritime Information Market to Reach US$ 4.3 Billion by 2032, Supported by Rising Trade Activities
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More