Global Underwater Communication System Market Size & Outlook

The underwater communication system industry worldwide is expected to reach a projected revenue of US$ 7,204.2 million by 2030. A compound annual growth rate of 10.3% is expected of the worldwide underwater communication system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,629.2
Forecast, 2030 (US$M)
$7,204.2
CAGR, 2024 - 2030
10.3%
Report Coverage
Worldwide

Global underwater communication system market highlights

  • The global underwater communication system market generated a revenue of USD 3,629.2 million in 2023 and is expected to reach USD 7,204.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 10.3% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 1,903.0 million in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 3,629.2 million
Market revenue in 2030USD 7,204.2 million
Growth rate10.3% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 32.0% of the global underwater communication system market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Brazil is the fastest growing regional market and is projected to reach USD 200.5 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

Underwater Communication System Market Companies

Name Profile # Employees HQ Website

Global underwater communication system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to underwater communication system market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 52.44% in 2023. Horizon Databook has segmented the Global underwater communication system market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Underwater Communication System Component Outlook (Revenue, USD Million, 2017-2030)
    • Hardware
    • Software
    • Services
  • Global Underwater Communication System Connectivity Outlook (Revenue, USD Million, 2017-2030)
    • Hardwired
    • Wireless
  • Global Underwater Communication System Application Outlook (Revenue, USD Million, 2017-2030)
    • Climate Monitoring
    • Environmental Monitoring
    • Hydrography
    • Oceanography
    • Pollution Monitoring
    • Others
  • Global Underwater Communication System End User Outlook (Revenue, USD Million, 2017-2030)
    • Marine
    • Military & Defense
    • Oil & Gas
    • Scientific Research & Development
    • Others

Reasons to subscribe to Global underwater communication system market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global underwater communication system market databook

  • Our clientele includes a mix of underwater communication system market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global underwater communication system market , including forecasts for subscribers. This global databook contains high-level insights into Global underwater communication system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global underwater communication system market size, by regions, 2017-2030 (US$M)

Top 10 countries: Underwater communication system market size, 2023 (US$M)

Global underwater communication system market share, by component, 2023 & 2030 (%, US$M)

Underwater communication system market: Opportunity assessment by country

Global underwater communication system market, by region, 2023 (US$M)

Global underwater communication system market size, by regions, 2017-2030 (US$M)

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.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more