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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.
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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 –
The other prominent vendors in the market are Iridium Communications, Oculus Technologies, ROHDE & SCHWARZ, and Telemar Group.
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.
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.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: REGIONAL LANDSCAPE
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
PART 12: APPENDIX
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