Middle East & Africa Maritime Surveillance Market Size & Outlook
The maritime surveillance market in Middle East & Africa is expected to reach a projected revenue of US$ 2,969.9 million by 2030. A compound annual growth rate of 6.4% is expected of Middle East & Africa maritime surveillance market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,917.6
Forecast, 2030 (US$M)
$2,969.9
CAGR, 2024 - 2030
6.4%
Report Coverage
Middle East & Africa
Middle East & Africa maritime surveillance market, 2018-2030 (US$M)
MEA maritime surveillance market highlights
- The MEA maritime surveillance market generated a revenue of USD 1,917.6 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 1,917.6 million |
| Market revenue in 2030 | USD 2,969.9 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.3% of the global maritime surveillance market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,727.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Maritime Surveillance Market Scope
Maritime surveillance market segmentation & scope
Application
Surveillance and Tracking
Navigation
Maritime Traffic Management
Search & Rescue
Others
End Use
Military
Commercial
Other
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait
Maritime Surveillance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa maritime surveillance market
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
