PUBLISHER: TechNavio | PRODUCT CODE: 1915659
PUBLISHER: TechNavio | PRODUCT CODE: 1915659
The global maritime AI market is forecasted to grow by USD 18978.4 mn during 2024-2029, accelerating at a CAGR of 38.9% during the forecast period. The report on the global maritime AI market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by imperative for operational efficiency and cost reduction, increasing pressure from stringent environmental regulations, focus on enhancing maritime safety and security.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 33.7% |
| CAGR | 38.9% |
| Incremental Value | $18978.4 mn |
Technavio's global maritime AI market is segmented as below:
By Component
By Technology
By Application
Geography
This study identifies the increasing adoption of digital twins for holistic asset lifecycle management as one of the prime reasons driving the global maritime AI market growth during the next few years. Also, shift towards edge computing for enhanced onboard autonomy and real-time processing and establishment of remote operation centers as a precursor to autonomous shipping will lead to sizable demand in the market.
The report on the global maritime AI market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global maritime AI market vendors that include ABB Ltd., Anemo Robotics ApS, BAE Systems, Bedrock Ocean Exploration, Blue Visby Services Ltd., Buffalo Automation, Hefring ehf., ladonrobotics, MARINE WEATHER, Massterly, Ocean Revive, Oracle Corp., Rolls Royce Holdings Plc, Sea Machines Robotics Inc, Seamo AI, SentiSystems, Silo AI, Stream Ocean, Zeabuz. Also, the global maritime AI market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.