Global Marine Communication Systems Market 2017-2021
- Published: Oct 2017
- Pages: 81
- SKU: IRTNTR15408
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This industry research report identifies Inmarsat, Leonardo, ORBIT Communication Systems, and Saab as the key vendors in the global marine communication systems market. A comprehensive analysis of this market is also presented by application (military marine communication systems and commercial marine communication systems) and geography (the Americas, APAC, and EMEA).
Overview of the global marine communication systems market
Research analysis on the global marine communication systems market identifies that the development of flexible and affordable submarine communication systems will be one of the major factors that will have a positive impact on the growth of the market. Submarine communications have improved over the years providing increased assistance to overcome some of the major challenges. For instance, the introduction of wireless technology has changed the communication for submarines. Previously, the submarines were highly dependent on point-to-point wired architecture for communication that had a difficult installation process involving cables, hubs, and switches as network components. These systems also had limited portability and were replaced by wireless technologies, such as LTE NB-IoT, WiGig, Li-F i, and 5G NR. These advantages will drive the growth of the marine communication systems market during the forecast period. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 8% by 2021.
The development of mobile ecosystem is one of the latest trends that will gain traction in the marine communication systems market. The cruise industry has witnessed significant developments in recent years with the operators offering wide onboard services such as a mobile ecosystem. For instance, certain operators are offering a mobile ecosystem that provides internet and mobile services to passengers and crew on cruise ships. Passengers are provided with high-bandwidth Wi-Fi accesses on their mobile devices, with no restrictions on applications like Facebook and YouTube. Moreover, this system also allows the passenger to chat with co-passengers via a mobile application introduced by ship operators. These advancements in the cruise industry and the rising concentration of players on modernization to distinguish their offerings will fuel the growth of the marine communication systems.
What's your takeaway?
Technavio's industry research report titled, - Global Marine Communication Systems Market, will help you-
- Identify latent opportunities and explorative solutions in the marine communication systems market
- Identify your key competition, and what's making them tick?
- Help you build a comprehensive marketing plan, all permutations and combinations inclusive
Competitive landscape and key vendors
The marine communication systems market is wide based on technology, equipment, and application. It consists of numerous players providing competent solutions. Most vendors in the military marine communication systems market are keen on coming up with solutions that can improve the reliability and safety of maritime communication.
The leading vendors in the market are –
- ORBIT Communication Systems
The other prominent vendors in the market are Iridium Communications, Oculus Technologies, ROHDE & SCHWARZ, and Telemar Group.
Segmentation by application and analysis of the marine communication systems market
- Military marine communication systems
- Commercial marine communication systems
The military marine communication systems enable increased level of coordination between troops and forces with playing a key role in the military joint operations. These advantages will drive the growth of the market in this segment.
Geographical segmentation and analysis of the marine communication systems market
The Americas will be the major contributor of the marine communication systems market throughout the forecast period. The market in the Americas is mostly driven by the US that has launched numerous initiatives to adopt enhanced combat capabilities on its surface combatant ships. Also, the involvement of US in joint operations with the North Atlantic Treaty Organization (NATO) and non-NATO allies will drive the demand for communication systems in the region.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global marine communication systems market?
- What are the key market trends impacting the growth of the global marine communication systems market?
- What are the challenges to market growth?
- Who are the key vendors in the global marine communication systems market?
- What are the market opportunities and threats faced by the vendors in the global marine communication systems market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global marine communication systems market?
Technavio also offers customization on reports based on specific client requirement.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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