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The maritime surveillance market size is forecast to increase by USD 1.32 billion at a CAGR of 3.2% between 2023 and 2028. The market is experiencing substantial expansion due to escalating marine security concerns, including piracy, smuggling, and terrorism. These threats necessitate advanced surveillance systems, such as video surveillance, to ensure robust security measures. Another significant factor driving market growth is the expansion of naval fleets, particularly in strategic regions, which necessitate advanced maritime surveillance capabilities. However, the high cost of installing maritime surveillance systems poses a significant barrier to market growth. These systems require substantial financial investment for hardware, software, and maintenance, making them a considerable financial commitment for governments and organizations. Despite this challenge, the market is projected to persistently grow as the demand for effective maritime security solutions becomes increasingly imperative.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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