Marine management software market is anticipated to grow at a significant CAGR of 7.8% during the forecast period (2024-2031). The industry growth is attributed to the growing adoption of the Internet of Things (IoT) and big data in maritime operations, the expansion of smart ports and digitalization initiatives, the increasing complexity of supply chains, and growth in offshore energy and renewable projects. According to Port Technology International, in October 2021, estimated that by 2030 the digital maritime industry will be worth $345 billion. The growth of the marine management software market is being driven by its broad range of applications such as crew management, enhancing workforce efficiency, and port and harbor management, facilitating seamless port operations. It also caters to reservation management, ensuring smooth booking processes, cruise and yacht management, and optimizing leisure vessel operations. These functionalities position marine management software as an essential tool for advancing maritime operations and infrastructure.
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Recent Developments
- In May 2024, SITA launched SmartSea through an initial agreement with Columbia Shipmanagement (CSM), the ship manager and maritime service provider.
- In June 2022, Accelleron, the new face of ABB Turbocharging, and Danelec Marine, a Voyage Data Recorder (VDR) manufacturer and maritime IoT infrastructure provider, signed a partnership agreement to offer a comprehensive digital service that combines onboard data collection with dedicated engine and vessel analytics. The joint solution delivers real-time operating data through the combined utilization of Accelleron’s Tekomar XPERT marine solution and Danelec’s intelligent DanelecConnect maritime IoT infrastructure.
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Market Coverage
- Segment Covered-
o By Component
o By Deployment Mode
o By Application
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Experion Technologies, Wärtsilä Corporation, AVEVA?Group Ltd., Bureau Veritas Solutions Marine & Offshore, DNV AS, Kongsberg Maritime, and Oracle Corp. among others.
Key questions addressed by the report.
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Marine Management Software Market Report Segment
By Component
- Software
o Tracking and Monitoring
o Navigation and Routing
o Supply Chain and Logistics
o Finance and Accounting
o System Testing
o Other (Project Templates, Workforce Scheduling)
- Service
By Deployment Mode
- Cloud
- On-Premise
By Application
- Crew Management
- Port Management
- Harbor Management
- Reservation Management
- Cruise and Yacht Management
By End-User
- Commercial
- Defense
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