Press release
Projected Beneficial Growth in Global Connected Ship Market: Key Drivers, Trends, and Forecasts through 2029
"Updated 2025 Market Reports Released: Trends, Forecasts to 2034 - Early Purchase Your Competitive Edge Today!Exploring the Future of the Global Connected Ship Market: An In-depth Analysis of Expected Growth, Key Trends, and Major Market Influencers.
What Is The Projected Market Size Of The Global Connected Ship Market And Its Growth Rate?
The global connected ship market, exhibiting vigorous growth in recent years, is projected to continue thriving in the future.
• Market size in 2024: $7.3 billion
• Market size in 2025: $7.74 billion (5.9% CAGR). The historic period growth is attributed to trade globalization, advancements in navigation and communication, maritime safety regulations, satellite communication development, and integration of automated systems in shipping.
• Expected 2029 Market Size: $10.28 billion (7.4% CAGR). The forecast period growth is due to increased ship automation and digitalization, demand for eco-friendly and sustainable shipping, alternative fuels and propulsion systems adoption, global shipping network expansion, autonomous ships development and adoption.
What Is Driving The Growth In The Connected Ship Market?
The surge in seaborne trade critically stimulates the connected ship market progression. Seaborne trade involves cargo transport on a ship for trading purposes like food, technology, or medical supplies. The growth of connected ships is largely dependent on affordable and efficient maritime transportation. For instance, according to the International Energy Agency, an autonomous intergovernmental organization based in Paris, seaborne trade reported passed the 1.5 Bt mark in 2023, thereby catalyzing the growth in the connected ship market.
Request A Free Sample Copy at https://www.thebusinessresearchcompany.com/sample.aspx?id=7082&type=smp.
Who Are the Key Players Driving Connected Ship Market Growth?
Leading companies contributing to the robust growth of the connected ship market 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 Anschütz GmbH
• Sperry Marine BV
• Transas Marine International AB
• Cobham Satcom A/S
• GNS GmbH
What Are The Key Trends In The Connected Ship Market?
Driving the connected ship market are upcoming trends such as:
• Smart shipping solutions
• Integration of blockchain in maritime operations
• Remote monitoring and diagnostics
• Autonomous and unmanned vessels
• Environmental monitoring and compliance systems
What Are The Segments Of The Global Connected Ship Market?
The global connected ship market is segmented as follows:
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
Which Region Leads The Connected Ship Market?
Asia-Pacific region led the connected ship market in 2024. The detailed insights on additional regions like Western Europe, Eastern Europe, North America, South America, Middle East, and Africa, are comprehensively covered in the connected ship market report.
Pre-book the Report for Swift Delivery at https://www.thebusinessresearchcompany.com/report/connected-ship-global-market-report.
What Is Covered In The Connected Ship Market Global Market Report?
- Market Size Analysis: Analyze the Connected Ship Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Connected Ship Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Connected Ship Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Connected Ship Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report at https://www.thebusinessresearchcompany.com/Customise?id=7082&type=smp.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
Learn More About the Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Projected Beneficial Growth in Global Connected Ship Market: Key Drivers, Trends, and Forecasts through 2029 here
News-ID: 3812565 • Views: …
More Releases from The Business research company

Key Trend Reshaping the Spend Management Platform Market in 2025: Technologicall …
What Are the Projections for the Size and Growth Rate of the Spend Management Platform Market?
The market size of the spend management platform has seen significant acceleration in growth lately. It is projected to expand from $22.77 billion in 2024 to $25.89 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 13.7%. The growth during the historic period can be traced back to factors such as rising…

Spa Resorts Market Set to Reach $116.36 Billion by 2029 with 7.01% Yearly Growth
What Is the Estimated Market Size and Growth Rate for the Spa Resorts Market?
Recently, there has been robust growth in the spa resorts market size. The market, currently valued at $82.71 billion as of 2024, is predicted to expand to $88.73 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. This growth in the historic period can be attributed to factors such as a rising consumer…

Key Software Development AI Market Trend for 2025-2034: Introducing Autonomous A …
What Is the Future Outlook for the Software Development AI Market's Size and Growth Rate?
The AI market for software development has witnessed substantial expansion in the past years. From a valuation of $0.45 billion in 2024, it's projected to elevate to $0.56 billion in 2025, recording a compound annual growth rate (CAGR) of 24.6%. The escalating demand for automation within software development procedures, an intensified complexity of software development…

Major Force in the Smart Pet Locator And Motion Detector Market 2025: Increasing …
How Will the Smart Pet Locator And Motion Detector Market Grow, and What Is the Projected Market Size?
There has been a significant growth in the market size of the smart pet locator and motion detector in the past few years. The market, which is estimated to be valued at $100.44 billion in 2024, is predicted to increase to $110.06 billion in 2025 with a compound annual growth rate (CAGR)…
More Releases for Connected
Connected Sensors segment to dominate the United States Connected Drug Delivery …
Increase in awareness regarding the non-compliance of drug therapy is expected to drive the demand for United States connected drug delivery devices market for the forecast period.
According to TechSci Research report, “United States Connected Drug Delivery Devices Market By Product Type (Connected Sensors v/s Integrated Connected Devices) By Technology (Bluetooth, Near Field Communication, Others) By Application (Asthma & COPD, Diabetes, Others) By End User (Healthcare Providers v/s Homecare) By Region,…
Connected Aircraft
Connected Aircraft Market 2020-2027 research report is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges opportunity with key company profiles, and strategies of players. The Connected Aircraft Market report also provides the market impact and new opportunities created due to the COVID19 catastrophe.
Get the Free Access to the Sample Report of Connected Aircraft market is available at https://inforgrowth.com/sample-request/6327290/connected-aircraft-market
Connected Aircraft Market report 2020-2027, discusses…
Connected Car Software Market 2020-2027 Huge Demands Worldwide By IBM IoT Connec …
The Research Insights has newly formulated a new report titled "Global Connected Car Software Market" for the forecast period of 2020. It also delivers an in-depth view, which provides an overview of the business players entering this competitive landscape. It also depicts a solid foundation for the readers who are looking forward to expanding their holding over the competitive landscape.
Connected car software provides assistance with configuring, managing, and monitoring internet…
Connected Car Market is expected to be benefitted as connected car
Today, connected car is the big buzz word in the automotive and car industry. A connected car is equipped with Internet connectivity to share information between devices within the vehicle or to share information with devices outside the car such as in other cars, office, home, or other physical spaces.
Connected cars receive information pertaining to traffic, collisions, and other safety alerts in a timely manner. Connected car features can…
Connected Cities
Globalisation of very high capacity networks
The aim of this study is to obtain a detailed snapshot of superfast connectivity with a download rate superior or equal to 100 Mbps in big cities around the world and to draw out the top 10 selection.
This comparison between cities is based on qualitative criteria such as quality of service, affordability compared to local standard of living and on quantitative criteria such as coverage…
Connected World - Connected Car
According to ABI research, the number of global users of telematics smartphone applications is set to explode in the next five years from 3.2 million to 129 million users. It is vital that automotive manufacturers keep up-to-date with developments in this field if they are to remain competitive in this fast-paced market. Because their customers won’t wait.
At IQPC’s 4th International Conference Connected Vehicles from 12-14 April in Berlin, experts…