Global Vessel Fleet Management Software Market by Type (Cloud Based, Web Based), By Application (Shipping, Travel) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global vessel fleet management software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based and web-based vessel fleet management software due to its advantages such as low cost, easy installation, and scalability. In addition, the increasing adoption of digital technologies in the shipping and travel industries is also contributing to the growth of this market. North America is expected to hold the largest share of this market during the forecast period followed by Europe and Asia Pacific.



Get Free Sample Report

Product Definition:

Fleet management software is a type of software that helps organizations manage their vehicle fleets. This type of software can help track the location and status of vehicles, as well as schedule maintenance and fuel purchases. Fleet management software can be very important for organizations that rely on vehicles to conduct business, as it can help improve efficiency and save money.

Cloud Based:

Cloud-based Vessel Fleet Management Software is a type of software system that provides ship management solutions from a centralized location. It enables the user to obtain information in real time through connected devices such as cargo tracking systems, Global Positioning Systems (GPS), and vessel monitoring systems. The growing demand for integrated shipping solutions has led to an increase in investments by various organizations towards the development of cloud-based VFMS software.

Web Based:

The global web-based and it's usage in vessel fleet management software market size was valued at USD 1.5 billion in 2016. The industry is expected to witness a significant growth owing to the increasing adoption of cloud technology, which offers benefits such as low cost infrastructure and easy data accessibility from any location through internet connection.

Increasing demand for integrated shipping solutions that provide real-time information about vessels position, cargo status, etc.

Application Insights:

Shipping application led the market and accounted for more than 54.0% share of the global revenue in 2017. The shipping industry is one of the most technologically advanced industries as it involves handling tons of cargo across oceans on a daily basis. This has resulted in an increased demand for vessel fleet management software, which can be effectively used to track and manage ships¢â‚¬â„¢ locations, monitor fuel levels, handle paperwork etc., all from a single platform within the organization or via remote access if required.

The travel segment is expected to register significant growth over the forecast period owing to increasing consumer spending power on luxury travel experiences around the world coupled with improved business-tourism relations between countries such as India and Australia over recent years.

Regional Analysis:

The Asia Pacific region is expected to witness the highest CAGR of XX% during the forecast period. The growth can be attributed to rising investments in port infrastructure and operations, coupled with increasing trade activities across emerging economies such as China and India. The growing need for efficient management of vessels and ports is anticipated to drive the demand for VFMS in this region. Furthermore, favorable government regulations aimed at reducing costs associated with international shipping are further expected to fuel regional market growth over the next eight years.

North America accounted for a significant revenue share in 2017 owing to early adoption of VFMS by shipping companies operating within U.S., Canada, Mexico, and Caribbean Sea regions along with high maritime trade activities within these countries’ borders & overseas territories (BOT).

Growth Factors:

Increasing demand for maritime transportation: The global vessel fleet is expected to grow at a CAGR of 3.5% from 2016 to 2021, owing to the increasing demand for maritime transportation across the world. This is expected to drive the growth of the vessel fleet management software market during the forecast period.
Proliferation of digital technologies: The proliferation of digital technologies has led to an increase in adoption of advanced and innovative vessel fleet management software solutions among shipping companies worldwide. This is anticipated to boost the growth of this market in coming years.
Stringent regulations by governments: Governments across countries are implementing stringent regulations related to safety and security aspects of maritime transportation, which is driving shippers and ship owners towards adoption of advanced vessel fleet management software solutions for efficient compliance monitoring and reporting processes..This factor is likelyto fuelthegrowthofthevesselfleetsmanagementsoftwaremarketduringtheforecastperiod .


Get Free Sample Report
Scope Of The Report
Report Attributes
Report Details
Report Title
Vessel Fleet Management Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Shipping, Travel
By Companies
DNV GL, Kongsberg, ABS Nautical Systems, BASS, Sertica, Marasoft, Helm Operations, Hanseaticsoft, ABB, Seagull (Tero Marine), Star Information System, IDEA SBA, VerticaLive (MarineCFO), SDSD, Mastex, Veson Nautical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.

Global Vessel Fleet Management Software Market Report Segments:
The global Vessel Fleet Management Software market is segmented on the basis of:
Types
Cloud Based, Web Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Shipping, Travel
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
DNV GL
Kongsberg
ABS Nautical Systems
BASS
Sertica
Marasoft
Helm Operations
Hanseaticsoft
ABB
Seagull (Tero Marine)
Star Information System
IDEA SBA
VerticaLive (MarineCFO)
SDSD
Mastex
Veson Nautical



Get Free Sample Report

Highlights of The Vessel Fleet Management Software Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Cloud Based
Web Based
By Application:
Shipping
Travel
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Vessel Fleet Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

Frequently Asked Questions?