Global Vessel Traffic Management System Market Size & Outlook

The vessel traffic management system industry worldwide is expected to reach a projected revenue of US$ 9,948.3 million by 2030. A compound annual growth rate of 7.2% is expected of the worldwide vessel traffic management system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$6,124.2
Forecast, 2030 (US$M)
$9,948.3
CAGR, 2024 - 2030
7.2%
Report Coverage
Worldwide

Global vessel traffic management system market, 2018-2030 (US$M)

Global vessel traffic management system market highlights

  • The global vessel traffic management system market generated a revenue of USD 6,124.2 million in 2023 and is expected to reach USD 9,948.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7.2% by 2030.
  • In terms of segment, harware accounted for a revenue of USD 6,124.2 million in 2023.
  • Harware is the most lucrative offering segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 6,124.2 million
Market revenue in 2030USD 9,948.3 million
Growth rate7.2% (CAGR from 2023 to 2030)
Largest segmentHarware
Fastest growing segmentHarware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHarware

Other key industry trends

  • In terms of revenue, the North America accounted for 23.1% of the global vessel traffic management system market in 2023.

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Vessel Traffic Management System Market Scope

Vessel traffic management system market segmentation & scope
Surveillance & Monitoring
Navigation
Software
Service
Maintenance Service
Operation Service
Type
A to N Management & Health Monitoring Systems
Global Maritime Distress Safety Systems
Port Management Information Systems
River Information Systems
End Use
Commercial
Defense
Countries
U.S.
Canada
Mexico
UK
France
Italy
Spain
Sweden
Norway
Denmark
Germany
India
China
Thailand
South Korea
Australia
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Vessel Traffic Management System Market Companies

Name Profile # Employees HQ Website

Global vessel traffic management 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 vessel traffic management system market will help companies and investors design strategic landscapes.


Harware was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global vessel traffic management system market based on harware covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Vessel Traffic Management System Offering Outlook (Revenue, USD Million, 2018-2030)
    • Harware
      • Communication
      • Surveillance & Monitoring
      • Navigation
    • Software
    • Service
      • Maintenance Service
      • Operation Service
  • Global Vessel Traffic Management System Type Outlook (Revenue, USD Million, 2018-2030)
    • A to N Management & Health Monitoring Systems
    • Global Maritime Distress Safety Systems
    • Port Management Information Systems
    • River Information Systems
  • Global Vessel Traffic Management System End Use Outlook (Revenue, USD Million, 2018-2030)
    • Commercial
    • Defense

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  • Our clientele includes a mix of vessel traffic management system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global vessel traffic management system market , including forecasts for subscribers. This global databook contains high-level insights into Global vessel traffic management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global vessel traffic management system market size, by regions, 2018-2030 (US$M)

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