Connected Ship Market is Predicted to Grow At More Than 5% CAGR till 2032
Connected Ship Market may reach USD 10.7 billion in revenue by 2032 . The market growth is driven by rapid advancements in digitalization and the integration of Internet of Things (IoT) technologies within the maritime industry. Of late, fleets are receiving advanced sensors, communication systems and data analytics tools to improve operational efficiency, safety and decision making. For example, in April 2022, The Port of Antwerp introduced a new service for monitoring cargo temperature conditions in collaboration with logistics partners including Foodcareplus, Dockflow, and TrakAssure for providing alerts for shippers and 3PLs. This technology enables real-time monitoring of vessel functions, such as engine performance, fuel consumption and progress, resulting in efficiencies and reduced operating costs. Request for Sample Copy report @ https://www.gminsights.com/request-sample/detail/8640 The growing emphasis on environmental sustainability and the need to...