Press release
Maritime Analytics Market Share 2021: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2027 | exactEarth Limited,Windward Limited,Spark Cognition Inc,ABB Ltd,Itransition,Planet Labs Inc
The “Maritime Analytics Market” report describes in detail the demand and consumption of various products/services related to the market growth dynamics during the forecast period of 2021-2027. A detailed market assessment of the various opportunities in the market segment is expressed in terms of quantity. These are discussed in many sections, including constraints, challenges and opportunities, regional breakdown and opportunity assessment. This global Maritime Analytics Market report guarantees rich data on various market opportunities. The report includes strong research from expert analysts.The Maritime Analytics Market size is estimated to grow at a CAGR of 16.98% for 2021-2027.
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Market Overview:
In today's digital age, the competition in various industries including the maritime industry is very high and companies are continuously investing in solutions that could help them enhance operational productivity while reducing the overall costs. Hence, the demand for advanced solutions such as maritime data analytics has been growing at an impressive pace among commercial shippers and other end users. In the shipping industry, big data is issued to manage sensors on the ship and to perform predictive analysis to avoid any delays and to increase efficiency. Enhanced decision making owing to insights obtained by big data is actively being implemented to avoid and predict additional cost and it can be utilized across the ship's lifecycle.
This report covers introduce companies associated with the Maritime Analytics Market:
exactEarth Limited,Windward Limited,Spark Cognition Inc,ABB Ltd,Itransition,Planet Labs Inc,ShipNet,Spire Global,Sinay SAS,Wrtsil,Prisma Electronics(Laros),ProGen Business Solution,SmartShip,Inmarsat PLC,MP Maritime Analytics Corporation
Recent Development:
ABB has acquired 39 companies, including 8 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 6 assets. ABB’s largest acquisition to date was in 2010 when it acquired Baldor Electric for $4.2B. Its largest disclosed sale occurred in 2021 when it sold ABB - DODGE Mechanical Power Transmission Business to RBC Bearings for $2.9B. ABB has been acquired in 8 different US states, and 15 countries. The Company’s most targeted sectors include electrical equipment (38%) and technology hardware (18%).
SparkCognition, the world's leading infrastructure-focused artificial intelligence (AI) company, is pleased to announce it has acquired Maana, a leading digital knowledge platform company. Through this acquisition, SparkCognition gains Maana's computational knowledge graph technology, its industrial expertise and customers such as Chevron, Shell, Aramco, and Airbus, expanding its Fortune Global 100 footprint with multi-year software agreements. SparkCognition's AI platform combined with Maana's digital knowledge technology will accelerate customers' time to value in adopting AI-driven decision making across the enterprise.
Market segment by Type, covers
Software
Services
Market segment by Application, covering
Commercial
Military
Government
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Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2021-2027) of the following regions are covered:
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Some of the most significant insights gathered through the business intelligence study on the global Maritime Analytics Market consists:
Key regions and leading countries in global Maritime Analytics Market
Distribution network changes due to COVID19 pandemic
Key consumer segments are expected to drive global demand for the Maritime Analytics market regional policy framework and regulatory guidelines.
Projected CAGR in the forecast period 2021 to 2027
Analysis of historical and current consumer buying trends related to the global Maritime Analytics market.
Technological advancements and innovative products can completely change the Maritime Analytics market.
Companies that held the leading share in the market during the historic years
Table of Contents: Maritime Analytics Market
- Chapter 1: Outline of Maritime Analytics Market
- Chapter 2: Global Market Status and Forecast by Regions
- Chapter 3: Global Market Status and Forecast by Types
- Chapter 4: Global Market Status and Forecast by Downstream Industry
- Chapter 5: Market Driving Factor Analysis
- Chapter 6: Market Competition Status by Major Manufacturers
- Chapter 7: Major Producers Presentation and market Information
- Chapter 8: Upstream and Downstream Market Investigation
- Chapter 9: Fetched and Net Edge Investigation
- Chapter 10: Marketing Status Investigation
- Chapter 11: Market Report Conclusion
- Chapter 12: Research Methodology and Reference
Impact of COVID-19 on the Maritime Analytics Market:
The rise of COVID-19 has moderated showcase development; in any case, the market is continuously picking up pace due to rising lockdowns. The sudden increment in CAGR is due to the request and extension of this market, which is an ability to return to pre-pandemic levels once the widespread, is gone.
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