Maritime Communication Market By Type (Satellite Communication, Terrestial Communication), By Platform (Marine Vessel, Ports & Harbors, Coastal Surveillance Platforms, Command & Control Centers, Research & Monitoring Platforms, Oil & Gas Rigs, Renewable Energy Platforms), By Application (Command & Control, Navigation & Safety, Routine Operations, Surveillance & Monitoring, Search and Rescue (SAR), Fleet Management, Environmental Monitoring, Cargo & Logistics Management, Other), By Region (North America, Europe, Asia Pacific, Middle East, RoW)- Global Forecast to 2029
Overview
The maritime communication market is estimated to be USD 3.03 billion in 2024 and is projected to reach USD 4.27 billion by 2029, at a CAGR of 6% between 2024 and 2029.
Data communication has become integral part of commercial shipping, naval operations and offshore industries, which is driving the growth of maritime communication market. Growth factors include the increasing volume of global trade flow, increasing maritime safety regulations (such as compliance to GMDSS checked) and new technologies (such as satellite broadband, IoT integration, and real-time data exchange for fleet management). Moreover, crew welfare campaigns, with onboard services depending on high-speed internet, and the rise of offshore energy projects like wind farms and oil rigs are further driving demand for a strong communication setup. Emerging innovations such as low-latency LEO satellite networks also play a critical role in driving market growth by enhancing existing coverage in under-segmented regions, while reducing costs significantly.
Exhaustive secondary research was done to collect information on the Maritime Communication market, its adjacent markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Demand-side analyses were carried out to estimate the overall size of the market. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg, Business Week, and different magazines were referred to identify and collect information for this study. Secondary sources also included annual reports, press releases & investor presentations of companies, certified publications, articles by recognized authors, and research papers.
Primary Research
Extensive primary research was conducted after acquiring information regarding the maritime communication market scenario through secondary research. The market for maritime communication is being driven by a range of stakeholders, including equipment manufacturers, satellite communication providers, telecom service providers, shipping companies and fleet operators defense and naval forces, maritime safety and emergency services and offshore industries. The demand-side of this market is characterized by various end users, such as commercial, military and unmanned vessels. The supply side is characterized by technological advancements to meet global connectivity, safety, and operational demands. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the maritime communication. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size from the market size estimation process, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for market segments and subsegments, the data triangulation procedure has been implemented, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using both top-down and bottom-up approaches.
Report Objectives
- To define, describe, segment, and forecast the size of the Maritime Communication market based on end use, type, application, and region.
- To forecast the size of different segments of the market with respect to five key regions, namely, North America, Europe, Asia Pacific, Middle East & Africa and Latin America, along with their key countries
- To identify and analyze the key drivers, restraints, opportunities, and challenges influencing the growth of the market.
- To identify technology trends currently prevailing in the maritime communication market
- To analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
- To analyze opportunities in the market for stakeholders by identifying the key market trends
- To profile the leading market players and comprehensively analyze their market share and core competencies.
- To analyze the degree of competition in the market by identifying the key growth strategies, such as acquisitions, new product launches, contracts, and partnerships, adopted by the leading market players.
- To identify detailed financial positions, key products, and unique selling points of the leading companies in the market
- To provide a detailed competitive landscape of the market, along with a ranking analysis, market share analysis, and revenue analysis of the key players
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Scope of the Report
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Report Metric |
Details |
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Market size available for years |
2020–2039 |
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Base year considered |
2023 |
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Forecast period |
2024-2039 |
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Forecast units |
Value (USD Billion) |
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Quantitative Segments covered |
End Use, Application, and Type |
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Geographies covered |
North America, Europe, Asia Pacific, Middle East & Africa, Latin America. |
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Companies covered |
HOSE-MCCANN COMMUNICATIONS (US), KVH INDUSTRIES (US), LEONARDO (Italy), ORBIT COMMUNICATION SYSTEMS (Israel), NSSLGLOBAL (UK), IRIDIUM COMMUNICATIONS (US), L3HARRIS TECHNOLOGIES (US), TELENOR MARITIME (Norway), AST NETWORKS (UK), GLOBALSTAR (US) adding to a total of 25 players. |
The study categorizes the maritime communication market based on type, end use, application and region.
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By Type
- Satellite Communication
- Terrestrial Communication
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By End User
- Commercial
- Military
- Unmanned
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By Application
- COMMAND & CONTROL
- NAVIGATION & SAFETY
- ROUTINE OPERATIONS
- MONITORING & SURVEILLANCE
- OTHER
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By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
Company Information
- Profiling of additional market players (up to 5)
Product Analysis
Product matrix, which provides a detailed comparison of the product portfolio of each company in the maritime communication market.
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
Table of Contents
1.... Introduction
- STUDY OBJECTIVES
- MARKET DEFINITION
-
MARKETS SCOPE
- MARKETS COVERED
- REGIONAL SCOPE
- YEARS CONSIDERED
- CURRENCY & PRICING
- INCLUSIONS & EXCLUSIONS
- STAKEHOLDERS
2.... research methodology
-
RESEARCH DATA
- SECONDARY DATA
- PRIMARY DATA
-
MARKET SIZE ESTIMATION
- MARKET DEFINITION & SCOPE
- SEGMENTS AND SUBSEGMENTS
-
RESEARCH APPROACH & METHODOLOGY
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- TRIANGULATION & VALIDATION
- RESEARCH ASSUMPTIONS
- RISK ASSESSMENT
- LIMITATIONS
3.... Executive Summary
4.... premium insights
5.... Market Overview
5.1 Introduction
5.2 market dynamics
5.2.1 DRIVERS
5.2.2 RESTRAINTS
5.2.3 Opportunities
5.2.4 ChallengeS
5.3 Operational data
5.4 Maritime Communication Ecosystem
5.4.1 COMPANY VS MARKET HEATMAP
5.4.2 prominent companies
5.4.3 private and startup companies
5.4.4 end users
5.5.......................................................................... value chain analysis
5.6...................................... trends/business impacing customer business
5.6.1 revenue shifts and new revene pockets for manufacturers/suppliers
5.8 tariff and regulatory landscape
5.8.1 Tarriff related to space propulsion
5.8.2 REGULATORY BODIES, GOVERNMENT AGENCIES, and OTHER ORGANIZATION
5.9 trade analysis
5.10 key conferences & events, 2024-2025
5.11 key stakeholders & buying criteria
5.11.1 key stakeholders in buying process
5.11.2 buying criteria
5.12 Average selling price analysis
5.13 Investment and funidng scenario
5.14 business model of the top 5 players
5.15 total cost of ownership
5.16 bill of material
5.17 impact of AI
5.18 macroeconomic outlook
6.... Industry trends
6.1 Introduction
6.2 TECHNOLOGICAL TRENDS for maritime communication market
6.3................................................. use case analysis: maritime communication MARKET
6.4 technology analysis
6.5 impact of megatrend
6.6............... patent analysis
7 maritime communication MARKET, By type
7.1 introduction
7.2 satellite communication
............ 7.2.1 VSAT (Very Small Aperture Terminal)
............ 7.2.2 MSS (Mobile Satellite Services)
7.3 terrestial communication
............ 7.3.1 Cellular Networks (4G/5G)
............ 7.3.2 Radar Systems
............ 7.3.3 AIS (Automatic Identification System)
............ 7.3.3 Radio (MF/HF/VHF)
8 maritime communication MARKET, By platform
8.1 introduction
8.2 marine vessel
............ 11.2.1 commercial
............ 11.2.2 military
............ 11.2.3 Autonomous
8.3 ports & harbors
8.4 Coastal surveillance Platforms
8.5 Command & Control Centers
8.6 Research & Monitoring Platforms
8.7 Oil & Gas Rigs
8.8 Renewable Energy Platforms
9 maritime communication MARKET, By application
9.1 introduction
9.2 command & control
9.3 navigation & safety
9.4 routine operations
9.5 surveillance & monitoring
9.6 Search and Rescue (SAR)
9.7 Fleet Management
9.8 environmental monitoring
9.9 Cargo & logistics management
9.10 Other
10 maritime communication market, by Region
10.1 introduction
10.2 NORTH AMERICA
10.2.1 PESTLE ANALYSIS: north america
10.2.2 US
10.2.3................................................................................................ CANADA
10.3 Europe
10.3.1 PESTLE ANALYSIS: Europe
10.3.2 UK
10.3.3 GERMANY
10.3.4 FRANCE
10.3.5 Italy
10.3.6 Norway
10.4 ASIA PACIFIC
10.4.1 PESTLE ANALYSIS: asia pacific
10.4.2 South korea
10.4.3................................................................................................... JAPAN
10.4.4 INDIA
10.4.5 SOUTH KOREA
10.4.6...................................................................................... Australia
10.5........................................................................................... Middle east
10.5.1 PESTLE ANALYSIS: middle east
10.5.2 gcc countries
10.5.2.2 UAE
10.5.2.2 Saudi Arabia
10.5.3 rest of gcc countries
10.6................................................................................. rest of the world
10.6.1 PESTLE ANALYSIS: latin america
10.6.2 Latin America
10.6.3 Africa
11.. COMPETITIVE LANDSCAPE
11.1 Introduction
11.2 key players strategies/right to win
11.3 MARKET share ANALYSIS of leading players, 2023
11.4 Revenue analysis of top market players, 2023
11.5 Company overview
11.6 company evaluation matrix: key players, 2023
11.6.1 Star
11.6.2 Pervasive
11.6.3 Emerging Leader
11.6.4 Participant
11.6.5 COMpany footprint, key players, 2023
11.6.5.1 Company Footprint
11.6.5.2 Region Footprint
11.6.5.3 component Footprint
11.6.5.4 platform FOOTPRINT
11.6.5.5 Propulsion type
11.6.5.6 Orbit
11.6.5.7 End User FOOTPRINT
11.7 company evaluation matrix: startups/SMEs,2023
11.7.1 PROGRESSIVE COMPANY
11.7.2 RESPONSIVE COMPANY
11.7.3 STARTING BLOCK
11.7.4 DYNAMIC COMPANY
11.7.5 COMPETITIVE BENCHMARKING: startups/smes, 2023
11.7.5.1 Detailed list of key startups/smes
11.7.5.2 competitive benchmarking of key startups/smes
11.8 company valuation and financial metrics
11.9 brand/product comparison
11.10 competitive scenario
11.10.1 product Launches
11.10.2 Deals
11.10.3 Others
12.. Company Profiles
12.1 key players
12.1.1 Honeywell international inc.
12.1.2 General Dynamics Corp
12.1.3 L3Harris Technologies
12.1.4 Leonardo S.P.A
12.1.5 Elbit Systems Ltd.
12.1.6 Thales group
12.1.7 rafael advanced defense systems
12.1.8 ST Engineering
12.1.9 Hose-McCann Communications
12.1.10................................................................................................................ KVH Industries
12.1.11 Orbit Communication Systems
12.1.12 NSSLGlobal
12.1.13 Iridium Communications
12.1.14 Telenor Maritime
12.1.15 AST Networks
12.1.16 Globalstar
12.1.17 hughes network system
12.1.18 Rohde & Schwarz
12.1.19 SES S.A.
12.1.20 Furuno Electric Co., Ltd
12 .2 other players (SME, Startups)
13. APPENDIX
13.1 discussion guide
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATION
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
Growth opportunities and latent adjacency in Maritime Communication Market