Global Maritime Analytics Market: Regional Insights
North America is anticipated to show robust growth in the global maritime analytics market during the forecast period. The U.S. contributed the major share across the region in the market, as the country is witnessing major investments in development of novel technologies to increase the efficiency and productivity of marine operations. Moreover, with increasing SMEs in the industry that implement marine analytics, the growing transportation and logistics operations, and presence of major market players along with growing investment in maritime analytics; the market is likely to witness substantial growth in North America, in the near future.
Asia Pacific is also projected to show significant growth in the global maritime analytics market during the forecast period. This growth is attributed to rise in digitization, increasing use of waterways for transportation, and increase in use of maritime analytics in business operations in the region. Moreover, presence of major manufacturers as well as technology giants across the region, is also expected to fuel growth of the global maritime analytics market over the forecast period.
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