Middle East & Africa Connected Ship Market Size & Outlook
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MEA connected ship market highlights
- The MEA connected ship market generated a revenue of USD 798.2 million in 2024.
- The market is expected to grow at a CAGR of 4.7% from 2025 to 2030.
- In terms of segment, commercial was the largest revenue generating ship type in 2024.
- Commercial is the most lucrative ship type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 798.2 million |
| Market revenue in 2030 | USD 1,041.9 million |
| Growth rate | 4.7% (CAGR from 2025 to 2030) |
| Largest segment | Commercial |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commercial, Defence |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.4% of the global connected ship market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 3,539.9 million by 2030.
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Connected Ship Market Scope
Connected Ship Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Marlink | View profile | 251-500 | Lysaker, Akershus, Norway, Europe | http://marlink.com/ |
| Danelec Marine | View profile | 51-100 | Birkerød, Hovedstaden, Denmark, Europe | https://www.danelec-marine.com/ |
| YALTES | View profile | 51-100 | Pendik, Istanbul, Turkey, Europe | https://www.yaltes.com |
| Sperry Marine | View profile | 501-1000 | Charlottesville, Virginia, United States, North America | https://www.sperrymarine.com/ |
| Anglo-Eastern | View profile | 10001+ | Kowloon City, Kowloon, Hong Kong, Asia | https://www.angloeastern.com/ |
| Rockwell Automation | View profile | 10001+ | Milwaukee, Wisconsin, United States, North America | https://www.rockwellautomation.com/ |
| Kongsberg Maritime | View profile | 5001-10000 | Kongsberg, Buskerud, Norway, Europe | http://www.kongsberg.com/kongsberg-maritime |
| Hyundai Heavy Industries | View profile | 10001+ | Ulsan, Kyongsang-bukto, South Korea, Asia | http://english.hhi.co.kr/ |
| Schneider Electric | View profile | 10001+ | Rueil-malmaison, Ile-de-France, France, Europe | https://www.se.com |
| Wartsila Corp | View profile | 17909 | Hiililaiturinkuja 2, Helsinki, Finland, FI-00180 | https://www.wartsila.com |
Middle East & Africa connected ship 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 connected ship market will help companies and investors design strategic landscapes.
Commercial was the largest segment with a revenue share of 66.83% in 2024. Horizon Databook has segmented the Middle East & Africa connected ship market based on commercial, defence covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa connected ship market databook
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Our clientele includes a mix of connected ship market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Middle East & Africa connected ship market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa connected ship market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA connected ship market size, by country, 2018-2030 (US$M)
Middle East & Africa Connected Ship Market Outlook Share, 2024 & 2030 (US$M)
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