Press release
Marine Communication Market Will Grow Due to Rising Demand for Maritime Applications | Icom Inc., Inmarsat, Furuno Electric, Garmin Ltd.
There are a variety of marine communication systems in use today, including the International Maritime Organization's (IMO) Global Maritime Distress and Safety System (GMDSS), which is a comprehensive set of radio communication protocols and procedures that are used to ensure the safety of maritime vessels and personnel. Other marine communication systems include the Vessel Traffic Service (VTS), which is used to manage vessel traffic in congested waterways, and the Automatic Identification System (AIS), which is used to track the location and movements of vessels at sea.
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Key Trends
Some key trends in marine communication technology include the development of more powerful and sophisticated satellite communication systems, the use of social media and other digital platforms for maritime communications, and the increasing use of big data and analytics to improve maritime communication systems.
One of the most significant trends in marine communication technology is the increasing use of satellite communication systems. Satellite communication systems allow vessels to stay in contact with each other and with shore-based facilities even when they are out of range of traditional terrestrial communication systems.
Another trend is the use of social media and other digital platforms for maritime communications. Social media platforms such as Twitter and Facebook are being used by maritime organizations to communicate with their customers and stakeholders.
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Key Drivers
Some of the key drivers of the marine communication market include the need for real-time data, the demand for higher data rates, and the need for more reliable communication.
The increasing demand for maritime applications, such as ship-to-shore communication, vessel traffic management, and maritime security, is also driving the growth of the marine communication market.
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Market Segments
The marine communication market is segmented by product, service, application, and region. By product, the market is classified into radio devices, multifunctional displays, and others. Based on service, it is bifurcated into consulting services, integration & installation services, and others. On the basis of application, it is divided into fishing boats, merchant ships, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
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Key Players
The global marine communication market includes players such as Icom Inc., Inmarsat, Furuno Electric Co. Ltd., Garmin Ltd., FLIR Systems Inc., Cobham Satcom, Navico, Jotron, Intellian Technologies, Bochi Corporation, and others.
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