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17.08.2021 23:00:00

Maritime Information Market | Growing Opportunities in Communications Equipment Industry | Technavio

NEW YORK, Aug. 17, 2021 /PRNewswire/ -- The maritime information market is expected to grow by USD 736.98 million during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the maritime information market in optimistic, probable, and pessimistic forecast scenarios.

Attractive Opportunities with Maritime Information Market by Application, End-user, and Geography - Forecast and Analysis 2020-2024

Enterprises will go through the Response, Recovery, and Renew phases.
Download a Free Sample Report on COVID-19 

As the business impact of the COVID-19 spreads, the maritime information market is expected to have a POSITIVE growth.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

The recovery process involves various phases including:

  •  Adjust their strategic planning to move ahead once business stability kicks in.
  • Identifying potential disruptions
  •  Conceptualize scenario-based planning to mitigate future crisis situations.

Fetch Pandemic-Driven Insights on Maritime Information Market

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

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Emerging Opportunities with Key players

FLIR Systems Inc.
The company offers FLIR Maritime thermal imaging systems to view clear images in total darkness, through solar glare, and through light fog and smoke.

Garmin Ltd.
The company offers GPSMAP 942xs Plus. It is a ClearVü and Traditional CHIRP Sonar which includes preloaded coastal charts and inland maps, mapping facilities, and many more.

Inmarsat Group Ltd.
The company offers SafetyNET II and RescueNET, which help in increasing the safety of ships and make it easier to coordinate a search and rescue operation.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown:
https://www.technavio.com/report/maritime-information-market-industry-analysis

Maritime Information Market 2020-2024: Segmentation

Maritime information market is segmented as below:

  • End-user
    • Commercial
    • Government
  • Application
    • MIA
    • MIP
    • VT
    • AIS
  • Geography
    • Europe
    • North America
    • APAC
    • MEA
    • South America

The maritime information market is driven by the need to comply with strict regulations. In addition, the increase in seaborne trade is expected to trigger the maritime information market toward witnessing a CAGR of over 8% during the forecast period.

Download our extensive report to get Exhaustive Insights: https://www.technavio.com/talk-to-us?report=IRTNTR40416

Market Drivers
Market Challenges
Market Trends
Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com
Website: www.technavio.com/
Report: www.technavio.com/report/maritime-information-market-industry-analysis 

Technavio (PRNewsfoto/Technavio)

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