Global Satellite-Based Automatic Identification Systems Market to Post a CAGR of More Than 25% Until 2020, Reports Technavio

LONDON--()--According to the latest market study released by Technavio, the global satellite-based automatic identification systems (S-AIS) market is expected to grow at a CAGR of more than 25% during the forecast period.

This research report titled ‘Global Satellite-based Automatic Identification Systems Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.

Request sample report: http://goo.gl/qCIQDV

The report categorizes the global S-AIS market into four application segments. They are:

  • Defense
  • Intelligence and security
  • Search and rescue
  • Other applications

Global S-AIS market by defense application

The global S-AIS market by defense application is expected to reach USD 42 million by 2020, growing at a CAGR of 30.14%.

AIS data helps defense forces to achieve real-time monitoring and detecting vessels. Naval and maritime defense agencies require information related to warships, coast guards, and other government related vessels. Big data analytics on AIS data can further help defense agencies to predict and detect anti-national activities with the support of maritime intelligence and domain awareness.

According to Rakesh Kumar Panda, a lead analyst at Technavio for M2M and connected devices, “Improved advancements in AIS network can enhance the quality of data used for defense applications. The majority of the government agencies adopt AIS technology to provide defense services in various applications.”

Global S-AIS market by intelligence and security sector application

AIS helps intelligence and security agencies to collect huge amounts of data to improve the precision of data analysis. AIS data provides maritime security such as protecting seaports, vessels, and other infrastructure associated with the shipping from the growing threat of terrorism, piracy, and disruption. It also enables counterintelligence security systems to gather and evaluate information needed by military and government agencies to have appropriate decisions about the scope and concurrence of terrorism.

Advanced satellite communication systems help to identify terrorist planning activities to counter attack before the occurrence of a disaster. M2M solutions in security systems improve reaction time from detection to interception, match the diversity of threat's nature and severity level, and optimize deployment and usage of the different human and technical resources. For instance, Thales delivers advanced turnkey solutions to address the customized requirement and constraints of border guard's entity. Hence, this segment’s revenue is also expected to grow rapidly during the forecast period.

Global S-AIS market by search and rescue application

Maritime customers highly require public safety, global reach, uninterrupted service, and network security. S-AIS provides robust mobile communication services and products to cater the unique requirements of government-centric maritime operations. It helps SAR agencies to detect abnormal operations in maritime and to witness efficient traffic monitoring systems.

AIS maritime applications enable secure and interoperable network communications for naval operations and critical marine operations such as rescue, administrative, and support functions. S-AIS services can provide global coverage and an efficient communication channel to help in relief operations during emergency situations. It also detects oil spill incidents and transmits relevant information related to disaster to enable spontaneous SAR operations. “This application is mostly performed by Government and port authorities to ensure the safety of the mariners and vessels carrying commodities. Therefore, the market is expected to witness an increasing growth during the forecast period,” says Rakesh.

Global S-AIS market by other applications

The global S-AIS market by other applications was valued at USD 18 million in 2015 and will reach USD 35 million by 2020.

Approximately 50% of the AIS revenue is obtained from the applications including defense, intelligence and security, and SAR. The remaining 50% of the market’s revenue is contributed by other application categories. Other applications include anticipation of shipment arrivals and verification of goods entering nations and environmental monitoring activities.

The top vendors highlighted by Technavio’s research analysts in this report are:

  • exactEarth
  • Iridium Communications
  • ORBCOMM
  • Saab
  • Thales

Browse Related Reports:

Purchase these three reports for the price of one by becoming a Technavio subscriber. Subscribing to Technavio’s reports allows you to download any three reports per month for the price of one. Contact enquiry@technavio.com with your requirements and a link to our subscription platform.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

According to the latest market study released by Technavio, the global satellite-based automatic identification systems (S-AIS) market is expected to grow at a CAGR of over 25% from 2016-2020.

$Cashtags

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com