sales@businessmarketinsights.com     UK: +442081254005
   

Middle East & Africa Maritime Analytics Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Application (Optimal Route Mapping, Predictive and Prescriptive Analytics, Pricing Insights, Vessel Safety and Security, and Others) and End User (Commercial and Military)

Code: TIPRE00015408 | Pages: 92 | Industry: Technology, Media and Telecommunications | Date: Oct 2020
Covid

Market Introduction

Maritime analytics is a process of collecting, analyzing as well as interpreting critical information related to diverse shipping activities. Maritime analytics offers various key benefits for stakeholders involved in the shipping and maritime industry, some of these benefits include enhanced productivity, superior performance, better safety, cost savings, and valuable insights related to various parameters driving the maritime analytics market in MEA. The MEA shipping industry is evolving at a steady pace owing to increasing trade across countries, changing technology landscape, and uncertainty in economies and geopolitical conditions. All these factors pose various challenges as well as opportunities for companies operating in this industry. Companies are constantly investing in innovative solutions to make their operations profitable and to gaining competitive advantages over competitors. In such environment, the large amount of fragmented information can be utilized by using solutions such as maritime analytics to gain useful insights that can increase operational efficiency and enhance decision making. Companies are now increasingly using maritime data analytics solutions that are customized to their business needs for purposes such as streamline maritime operations, enhance ship chartering, predicting and scheduling maintenance, and pricing insights among many others which is driving the MEA maritime analytics market. Factors such increasing digitalization trend in shipping industry and rising demand for improved maritime operations through data analytics is expected to create significant demand of maritime analytics in MEA, which will drive the MEA maritime analytics market.

Furthermore, in case of COVID-19, countries across MEA such as, Iran, Saudi Arabia, Qatar, South Africa, got the high number of COVID-19 confirmed cases and deaths. The COVID-19 outbreak has impacted the economies of the MEA region in a significant manner with decline in oil production activities, tourism sector, capital markets, and remittances. The disruptions in global supply chains and capital flows have also impacted the domestic production and demand in various countries of MEA region which is affecting the MEA maritime analytics market negatively. The transportation and logistics sector especially air and ocean freight is impacted severely in Gulf Cooperation Council (GCC) countries which comprise of many major transit hubs affecting the MEA maritime analytics market negatively. Shortages in staff capacity and lockdown measures in various countries such as Saudi Arabia, Kuwait, and UAE, the shipping and transportation industry is facing slowdown in operations which may impact the market growth of maritime analytics market in the region. The coronavirus outbreak's impact is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation will impact the maritime analytics market growth of the MEA region for the next few quarters.

Market Overview and Dynamics

The maritime analytics market in MEA is expected to grow from US$ 29.93 million in 2019 to US$ 43.93 million by 2027; it is estimated to grow at a CAGR of 5.3 % from 2020 to 2027. Developing nations across MEA is expected to drive future growth of maritime analytics which will surge the MEA maritime analytics market growth. The MEA region is anticipated to offer ample future growth opportunities to the maritime analytics solution providers over the forecast period of 2020 to 2027 which will drive the MEA maritime analytics market. The MEA region is characterized by the presence of some of the major countries Such as South Africa, UAE that contribute a substantial fleet value to the MEA shipping market. In addition to this, there are several other potential developing markets for the adoption of maritime analytics. Countries across MEA are anticipated to offer ample growth opportunities for maritime analytics solution providers, hereby driving the maritime analytics market across MEA. Moreover, the growing trend of Industry 4.0 in MEA is driving the penetration of advanced technologies such as Internet of thing (IOT), artificial intelligence and big data affecting the MEA maritime analytics market in a positive way. Hence, the rising automation trend and integration of advanced technologies in this region is anticipated to further fuel the demand for maritime analytics solutions in MEA, which will drive the MEA maritime analytics market.

Key Market Segments

In terms of application, the predictive and prescriptive analytics segment accounted for the largest share of the MEA maritime analytics market in 2019. Further, in terms of end user, the commercial segment held a larger market share of the MEA maritime analytics market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the MEA maritime analytics market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ABB Ltd., exactEarth Ltd., ShipNet, SparkCognition, and Windward Ltd.       

Reasons to buy report

  • To understand the MEA maritime analytics market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA maritime analytics market
  • Efficiently plan M&A and partnership deals in MEA maritime analytics market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA maritime analytics market
  • Obtain market revenue forecast for maritime analytics market by various segments from 2020-2027 in MEA region.

MEA Maritime Analytics Market Segmentation

MEA Maritime Analytics Market - By Application

  • Optimal Route Mapping
  • Predictive and Prescriptive Analytics
  • Pricing Insights
  • Vessel Safety and Security
  • Others

MEA Maritime Analytics Market - By End User

  • Commercial
  • Military

MEA Maritime Analytics Market - By Country

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA


MEA Maritime Analytics Market - Company Profiles

  • ABB Ltd.
  • exactEarth Ltd.
  • ShipNet
  • SparkCognition
  • Windward Ltd.     

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           MEA Maritime Analytics Market Landscape

4.1         Market Overview

4.2         MEA PEST Analysis

4.3         Ecosystem Analysis

5.           MEA Maritime Analytics Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Digitalization Trend in Shipping Industry

5.1.2        Rising Demand for Improved Maritime Operations Through Data Analytics

5.2         Market Restraints

5.2.1        Cyber Security Issues and Scarcity of Skilled Workers

5.3         Market Opportunities

5.3.1        Developing Nations to Drive Future Growth

5.4         Future Trends

5.4.1        Latest Technologies to Transform Maritime Industry

5.5         Impact Analysis of Drivers and Restraints

6.           Maritime Analytics Market – MEA Analysis

6.1         MEA Maritime Analytics Market Overview

6.2         MEA Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

6.3         Market Positioning –Market Players Ranking

7.           MEA Maritime Analytics Market Analysis – By Application

7.1         Overview

7.2         MEA Maritime Analytics Market Breakdown, by Application, 2019 & 2027

7.3         Optimal Route Mapping

7.3.1        Overview

7.3.2        Optimal Route Mapping: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

7.4         Predictive and Prescriptive Analytics

7.4.1        Overview

7.4.2        Predictive and Prescriptive Analytics: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

7.5         Pricing Insights

7.5.1        Overview

7.5.2        Pricing Insights: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

7.6         Vessel Safety and Security

7.6.1        Overview

7.6.2        Vessel Safety and Security: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

7.7         Others

7.7.1        Overview

7.7.2        Others: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

8.           MEA Maritime Analytics Market Analysis – By End User

8.1         Overview

8.2         MEA Maritime Analytics Market Breakdown, by End User, 2019 & 2027

8.3         Commercial

8.3.1        Overview

8.3.2        Commercial: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

8.4         Military

8.4.1        Overview

8.4.2        Military: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

9.           MEA Maritime Analytics Market – Country Analysis

9.1         Overview

9.1.1        MEA: Maritime Analytics Market, by Key Country

9.1.1.1          South Africa: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1          South Africa: Maritime Analytics Market, by Application

9.1.1.1.2          South Africa: Maritime Analytics Market, by End User

9.1.1.2          Saudi Arabia: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1          Saudi Arabia: Maritime Analytics Market, by Application

9.1.1.2.2          Saudi Arabia: Maritime Analytics Market, by End User

9.1.1.3          UAE: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1          UAE: Maritime Analytics Market, by Application

9.1.1.3.2          UAE: Maritime Analytics Market, by End User

9.1.1.4          Rest of MEA: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.4.1          Rest of MEA: Maritime Analytics Market, by Application

9.1.1.4.2          Rest of MEA: Maritime Analytics Market, by End User

10.        Impact of COVID-19 Pandemic on MEA Maritime Analytics Market

10.1      MEA: Impact Assessment of COVID-19 Pandemic

11.        Maritime Analytics Market-Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Development

11.4      Merger and Acquisition

12.        Company Profiles

12.1      ABB Ltd.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      exactEarth Ltd.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      ShipNet

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      SparkCognition

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Windward Ltd

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

LIST OF TABLES

Table 1.             MEA Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             South Africa: Maritime Analytics Market, by Application –Revenue and Forecast to 2027(US$ Million)

Table 3.             South Africa: Maritime Analytics Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 4.             Saudi Arabia: Maritime Analytics Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 5.             Saudi Arabia: Maritime Analytics Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 6.             UAE: Maritime Analytics Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 7.             UAE: Maritime Analytics Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Rest of MEA: Maritime Analytics Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Rest of MEA: Maritime Analytics Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 10.          List of Abbreviation

LIST OF FIGURES

Figure 1.           MEA Maritime Analytics Market Segmentation

Figure 2.           MEA Maritime Analytics Market Segmentation – By Country

Figure 3.           MEA Maritime Analytics Market Overview

Figure 4.           MEA Maritime Analytics Market, By Country

Figure 5.           MEA Maritime Analytics Market, By Application

Figure 6.           MEA Maritime Analytics Market, By End User

Figure 7.           MEA: PEST Analysis

Figure 8.           MEA Maritime Analytics Market– Ecosystem Analysis

Figure 9.           MEA Maritime Analytics Market Impact Analysis of Drivers and Restraints

Figure 10.        MEA Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        MEA Maritime Analytics Market Breakdown, by Application (2019 and 2027)

Figure 12.        MEA Optimal Route Mapping: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 13.        MEA Predictive and Prescriptive Analytics: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 14.        MEA Pricing Insights: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 15.        MEA Vessel Safety and Security: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 16.        MEA Others: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 17.        MEA Maritime Analytics Market Breakdown, by End User (2019 and 2027)

Figure 18.        MEA Commercial: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 19.        MEA Military: Maritime Analytics Market Revenue and Forecast to 2027 (US$ Million)

Figure 20.        MEA: Maritime Analytics Market Revenue Share, By Key Country (2019 and 2027)

Figure 21.        South Africa: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Saudi Arabia: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.        UAE: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Rest of MEA: Maritime Analytics Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        Impact of COVID-19 Pandemic on MEA Country Markets

 

  1. ABB Ltd.
  2. exactEarth Ltd.
  3. ShipNet
  4. SparkCognition
  5. Windward Ltd.

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA maritime analytics market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA maritime analytics market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the maritime analytics market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 


Related Tags

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000