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Vessel Traffic Management Market Trends, Growth Opportunities and Revenue Driving Factors 2023

Increasing demand for Internet of Things (IoT), e-navigation, and artificial intelligence drones are some of the key technologies expected to drive the vessel traffic management market.

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Vessel Traffic Management Market Trends, Growth Opportunities and Revenue Driving Factors 2023

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  1. Vessel Traffic Management Market Trends, Growth Opportunities and Revenue Driving Factors 2023

  2. Scope of The Report Objectives of the Vessel Traffic Management Market Study: The report analyzes the vessel traffic management market on the basis o f component, (equipment, solutions, and service). Equipment is further s egmented into communication (VHF communication, RF communication, microwave & network, HMI, servers), navigation (radars, AIS, direction fi nders), and surveillance & monitoring (sensors, CCTV surveillance came ras, UAVs). Similarly, the solution segment is further segmented into sen sor integrator, routing monitor, e-navigation, and multi sensor tracker. And More…

  3. Key Segments The Vessel Traffic Management (VTM) Market is estimated at USD 2.81 Billion in 2017 and is projected to reach USD 4.12 Billion by 2023, at a CAGR of 7.50% from 2018 to 2023. 1 Increasing demand for Internet of Things (IoT), e-navigation, and ar tificial intelligence drones are some of the key technologies expecte d to drive the vessel traffic management market. 2 3 Browse 251 tables and 51 figures spread through 248 pages and in- depth TOC on "Vessel Traffic Management Market - Global Forecast to 2023" 4 The River Information Systems (RIS) segment is projected to be the fastest- growing application segment during the forecast period. The growth of this s egment can be attributed to the rise in interconnected mode of transport. 5 Asia Pacific is expected to be the fastest-growing vessel traffic management ma rket during the forecast period, which can be attributed to increasing port expans ions, new port construction, and rise in government involvement towards coastal & port security.

  4. Vessel Traffic Management Market Growth Rate 2023 2018 CAGR of 7.50% Market Size of $2.87 Billion Market Size of $4.12 Billion Target Audience VTM Systems Manufacturers Technology Providers System Integrators VTM Simulation Service Providers Service Providers Solution Providers • • • • • •

  5. Key Vendors Vendors Kongsberg Gruppen (Norway) L3 Technologies (US) Transas (Ireland) Saab AB (Sweden) Thales Group (France) Rolta India (India) Japan Radio Co. Ltd. (Japan) Frequentis (Austria) TERMA (Denmark) • • • • • • • • • View Report Here - https://www.marketsandmarkets.com/Market-Reports/vessel -traffic-management-market-226816165.html

  6. Top Region.. North America • Europe • Asia Pacific • Middle East • Africa • Latin America • View Report Here - https://www.marketsandmarkets.com/Market-Reports/vessel-traffic-management-m arket-226816165.html

  7. Key Questions Answered in Our Report 1. How has the market shaped up? Historic trends, early adopters, regulation, tipping point etc. 2. What are the burning issues? How can they be addressed? 3. What will your New Revenue Sources be? 4. Which regions will offer the most promising opportunities? 5. Who are the leading players in this market? What strategies are they adopting to stay ahead of competition? 6. How will the market shape up in next five years? competition?

  8. MarketsandMarkets’ Value Proposition How are we different? Most-detailed market segmentation in industry   In-depth analysis of patents & profiles of key m arket players providing a competitive landscape  Market data for segments such as technologie s, services & applications across geographi es  High level analysis of major market segments a nd identification of opportunities

  9. MarketsandMarkets’ Delivery Model Here's how we can help you... Research coverage can be a wide range in varied or niche categories in the published da ta or custom-made as per client's projects    Assess New Product Development from inception to launch Optimize investments in established brands and recommend new approaches in global te rritories  Discover potential in new geographical markets and analyze how to successfully expand i nto them  Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Lands cape

  10. MarketsandMarkets’ Our Expertise Our Expertise Compelling Business cases Market size Estimations  Company & Market Best Practices  Entry or Go-To-Market strategies  Market Dynamics, Positioning and Segmentations  Competitive Landscaping and Benchmarking  Opportunity Analysis  Economic Forecasting  Industry-specific Technology solutions  Roadmap Analysis 

  11. Stay in touch Our Report Covers – Market Scenarios, Vendor landscape & Industry Road Maps. Get Free 10% Customization in this report sales@marketsandmarkets.com Or you can visit us: https://www.marketsandmarkets.com/ USA address MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Corporate Headquarters MarketsandMarkets™ Research Private Ltd. Tower B5, office 101, Magarpatta SEZ, Hadapsar, Pune-411013, India +1-888-600-6441

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