Global Marine Communication Systems Market 2017-2021
About Marine Communication Systems
Marine communication systems are a collection of devices that facilitate land-based, ship-to-land, and ship-to-ship communication. The commercial shipping industry is one of the oldest industries, which still holds immense significance in today's world. The industry employs commercial maritime vessels for applications such as oil and gas exploration, offshore construction, maritime research, fishing, cruising and tourism, and transportation of cargo.
Technavio’s analysts forecast the global marine communication systems market to grow at a CAGR of 8.27% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global marine communication systems market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Marine Communication Systems Market 2017-2021
Technavio recognizes the following companies as the key players in the global marine communication systems market: Inmarsat, Leonardo, ORBIT Communication Systems, and Saab.
Other Prominent Vendors in the market are: Iridium Communications, Oculus Technologies, ROHDE & SCHWARZ, and Telemar Group.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advancements in SATCOM-based marine communication system. SATCOM uses communication satellites to transmit radio frequency and microwave signals. It amplifies these signals and relays them to the sender and receiver who are widely separated and assists in information exchange. Such satellites find their application in radio and telephone communication.”
According to the report, one driver in the market is growing focus on better and faster communication mechanism. The rate of data transfer is proportional to its bandwidth. It is especially vital in military applications, where communication speed plays a significant role. However, often, navies have limited available bandwidth, which hampers their data transfer rate. Therefore, efforts are being directed toward improving the speed of communication through bandwidth enhancements. In 2013, the US Naval Air Systems Command (NAVAIR) initiated a test program, under which the agency equipped ships with the maritime cellular infrastructure to augment the existing satellite-based communication.
Further, the report states that one challenge in the market is security issues pertaining to information technology. Information technology is a crucial component of modern maritime ships, which includes shipboard digital communication systems that are computerized. This presents high chances of cyber threats such as network intrusion and hacking. As VSAT networks on ships are mainly engaged in the transmission of messages and access to the internet, they remain extremely vulnerable to hacking. Most often, the systems are connected to other devices that form a part of the ship's broader network.
Inmarsat, Leonardo, ORBIT Communication Systems, Saab, Iridium Communications, Oculus Technologies, ROHDE & SCHWARZ, and Telemar Group.