Maritime analytics leverages advanced data analytics, artificial intelligence (AI), machine learning (ML), and big data technologies to process vast datasets from ships, ports, weather systems, AIS signals, vessel performance metrics, and cargo tracking. By transforming raw maritime data into actionable insights, stakeholders in the shipping industry can optimize operations, enhance safety, and promote environmental sustainability.
Maritime Analytics Market Size and Growth Trends
The global maritime analytics market is poised for substantial growth. Valued at US$ 1.27 billion in 2024, the market is projected to reach US$ 2.56 billion by 2031, expanding at a CAGR of 10.6% from 2025 to 2031. Maritime analytics enables shipping companies, port authorities, and logistics providers to harness data from vessels and ports to improve decision-making, streamline operations, and boost overall efficiency.
A key advantage of maritime analytics is its support for regulatory compliance and sustainability initiatives. Companies can monitor emissions, optimize fuel consumption, and adhere to international regulations, including those set by the International Maritime Organization (IMO). Programs such as the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII) aim to reduce greenhouse gas emissions from ships by 50% by 2050, based on 2008 levels. Additionally, the European Union’s “Fit for 55” initiative targets a 55% reduction in GHG emissions by 2030. By providing real-time monitoring and actionable insights, maritime analytics empowers operators to achieve these environmental goals while improving operational performance.
Market Drivers
Operational optimization and digital transformation are major factors propelling market growth. Maritime analytics allows companies to enhance fleet management, schedule predictive maintenance, optimize shipping routes, and reduce fuel consumption. The integration of AI, ML, Internet of Things (IoT), and cloud computing further accelerates growth by enabling seamless data collection, processing, and analysis.
The expansion of global trade and maritime logistics infrastructure is another significant driver. According to UNCTAD, global maritime trade grew by 2.4% in 2023, reaching 12.3 billion tons, reflecting a recovery from 2022. Industry leaders are making strategic investments to strengthen supply chains. For instance, in March 2025, CMA CGM Group announced a US$ 20 billion investment over four years to support U.S. maritime operations and domestic logistics. Additionally, initiatives like the Singapore-India Green and Digital Shipping Corridor promote sustainable, technologically advanced maritime trade routes.
Download PDF Copy: https://www.theinsightpartners.com/sample/TIPRE00003041
Market Segmentation
- Component: Software, Services (Software led the market in 2024)
- Deployment: Cloud, On-Premises (Cloud dominated in 2024)
- Application: Predictive & Prescriptive Analytics, Optimal Route Mapping, Pricing Insights, Vessel Safety & Security (Predictive & Prescriptive Analytics led in 2024)
- End User: Commercial, Military (Commercial dominated in 2024)
- Regions: North America, Europe, Asia-Pacific, Middle East & Africa, South & Central America (Asia-Pacific dominated in 2023)
Key Players
- ABB
- ZeroNorth A/S
- Solitwork
- Windward Ltd
- Kpler
- OrbitMI, Inc
- Shipnet
- Hexagon AB
- Inmarsat GHL
- Maritech
Recent market developments include Maritech Holdings Limited’s migration of all customers to the Sea platform, consolidating maritime contract management, and Windward’s launch of Critical Maritime Infrastructure Protection, an AI-powered solution designed to safeguard global maritime assets.
Future Outlook
The maritime analytics market is expected to continue its robust growth through 2031. Rising investments in digital infrastructure, adoption of smart shipping technologies, and global sustainability initiatives will create new opportunities for innovation. With increasing emphasis on decarbonization, regulatory compliance, and real-time operational insights, maritime companies are likely to achieve greater fleet efficiency, optimized routes, and reduced operational costs. As the industry increasingly embraces AI and predictive analytics, maritime analytics will remain a crucial driver of the global shipping ecosystem’s future growth and sustainability.
Related Reports-
