Connected Ship Global Market Report 2026

The connected ship refers to ships in which technology is installed and connected and managed via satellite. The connected ships are used within the shipping and marine industry to improve safety, security, and navigational efficiency through technology integration. They are used in a variety of operations, such as ship traffic management, fleet operations, and fleet health operations.

The main types of connected ships are commercial, defense, and others. The connected ships commercial market consists of sales of connected ship solutions that are used by individuals or corporations for transporting goods from the manufacturer or producer to a market, customer or final point of distribution. The various types of fits are linefit and retrofit, which are installed either onboard or onshore. They are used in various applications such as vessel traffic management, fleet operations, fleet health monitoring, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the connected ship market by increasing the cost of imported satellite terminals, onboard sensors, communication antennas, servers, and maritime networking equipment. Shipping companies and naval fleets in North America and Europe are most affected due to reliance on imported connectivity hardware, while Asia-Pacific vendors face export cost pressures. These tariffs are raising vessel upgrade and retrofit costs. However, they are also encouraging localized integration, regional supply chains, and innovation in software-defined and cloud-based maritime connectivity platforms.

The connected ship market research report is one of a series of new reports from The Business Research Company that provides connected ship market statistics, including connected ship industry global market size, regional shares, competitors with a connected ship market share, detailed connected ship market segments, market trends and opportunities, and any further data you may need to thrive in the connected ship industry. This connected ship market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The connected ship market size has grown strongly in recent years. It will grow from $7.63 billion in 2025 to $8.14 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to global maritime trade growth, adoption of satellite communications, fleet digitization initiatives, safety compliance requirements, naval modernization programs.

The connected ship market size is expected to see strong growth in the next few years. It will grow to $10.65 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to smart shipping adoption, autonomous vessel development, cybersecurity investments, demand for real-time fleet visibility, decarbonization monitoring. Major trends in the forecast period include growth of satellite-based ship connectivity, adoption of fleet health monitoring, expansion of vessel traffic management, integration of predictive analytics, focus on maritime safety and security.

The rise in seaborne trade is expected to drive the connected ship market going forward. Seaborne trade involves the transportation of cargo by ship, including goods such as food, technology, and medicine. Affordable and efficient maritime transport is critical for global trade, economic growth, and sustainable development. For instance, in July 2024, according to the International Energy Agency, Paris-based autonomous intergovernmental organization, seaborne trade reached about 1.38 billion tons in 2023, slightly surpassing 1.5 billion tons, marking historical highs. Therefore, the surge in seaborne trade is boosting the connected ship market.

Major companies operating in the connected ship market are focusing on strategic investments to strengthen their position in the market. Strategic investments are made with a long-term perspective, aiming to create value or achieve specific objectives over an extended period, rather than for short-term gains. Funds allocated to research and invest in advanced technologies that facilitate the development of connected ship systems. This might involve IoT, data analytics, AI, automation, and remote monitoring systems for ships. For instance, in October 2023, PSA Marine, a Singapore-based leader in the maritime sector, has built a fleet monitoring centre in Singapore, Fleet Data-To-Knowledge (D2K) Centre, to monitor its harbour tug fleet and uses simulators to train its marine crew there. Using digitalisation technologies and wall-length screens, PSA Marine observes harbour tug positioning, operations, fuel consumption and machinery health while managing the scheduling and deployment of its tugs inhouse. It can visualise the location of the fleet around Singapore port waters using Automatic Identification System (AIS) data, and monitors transit times, speed and fuel consumption on the modern tugs to help tug masters to optimise operations and improve efficiency.

In December 2023, Wilh. Wilhelmsen Holding ASA, a Norway-based shipping company, acquired ZEABORN Ship Management GmbH & Cie. KG for an undisclosed amount. This acquisition aims to strategically enhance the market presence of Wilhelmsen and MPC Capital's ship management by significantly expanding their operational capacity and client base, allowing them to provide high-quality services to a fleet of over 150 vessels. ZEABORN Ship Management GmbH & Cie. KG is a Germany-based third-party ship management company that manages vessels for its clients and offers connected ship services.

Major companies operating in the connected ship market report include ABB Corporation, General Electric Company, Emerson Electric Co., Schneider Electric SE, Hyundai Heavy Industries Co. Ltd., Kongsberg Gruppen ASA, Rockwell Automation Inc., Valmet Corporation, Wartsila Oyj Abp, Marlink AS, Northrop Grumman Corporation, RH Marine Group, Siemens Aktiengesellschaft, Ulstein Group ASA, Thales Group, Furuno Electric Co. Ltd., Navico Holding AS, Inmarsat plc, Telefonaktiebolaget LM Ericsson, Intelsat Corporation, Harris Corporation, Iridium Communications Inc., KVH Industries Inc., Raytheon Anschutz GmbH, Sperry Marine BV, Transas Marine International AB, Cobham Satcom A/S, GNS GmbH

Asia-Pacific was the largest region in the connected ship market in 2025. The regions covered in the connected ship market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the connected ship market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The connected ship market consists of sales of container ships, bulk carrier, tanker ships, passenger ships and naval ships. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Connected Ship Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses connected ship market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for connected ship ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The connected ship market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Commercial; Defense; Other Types
• 2) By Fit: Linefit; Retrofit
• 3) By Installation Type: Onboard; Onshore
• 4) By Application: Vessel Traffic Management; Fleet Operations; Fleet Health Monitoring; Other Applications
• Subsegments:
• 1) By Commercial: Cargo Ships; Tankers; Passenger Ships; Fishing Vessels
• 2) By Defense: Naval Ships; Submarines; Coast Guard Vessels
• 3) By Other Types: Research Vessels; Leisure Boats; Tugs And Barges
• Companies Mentioned: ABB Corporation; General Electric Company; Emerson Electric Co.; Schneider Electric SE; Hyundai Heavy Industries Co. Ltd.; Kongsberg Gruppen ASA; Rockwell Automation Inc.; Valmet Corporation; Wartsila Oyj Abp; Marlink AS; Northrop Grumman Corporation; RH Marine Group; Siemens Aktiengesellschaft; Ulstein Group ASA; Thales Group; Furuno Electric Co. Ltd.; Navico Holding AS; Inmarsat plc; Telefonaktiebolaget LM Ericsson; Intelsat Corporation; Harris Corporation; Iridium Communications Inc.; KVH Industries Inc.; Raytheon Anschutz GmbH; Sperry Marine BV; Transas Marine International AB; Cobham Satcom A/S; GNS GmbH
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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