About Ship Management Software
Ship Management Software provide comprehensive information and options related to dry dockings of ships, repair and maintenance, crew management, financials management, auditing and other such features. The global rise in transport and shipping industry due to rise in trade has resulted in growth of the ship management software. Other reasons being increasing adoption of digital solutions and increasing internet penetration around the world. The ship management software market is directly dependent on the success of shipping market, thus it has high prospect in the coming years. Geographically, Asia Pacific is expected to become largest market of ship management software.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Kongsberg Gruppen (Norway), Arribatec AS (Norway), Hanseaticsoft GmbH (Germany), Helm Operations (Canada), SpecTec GmbH (Germany), DNV GL (Norway), Sertica (Denmark), VerticaLive (United States), Seaspeed Marine Management LLC (UAE) and ShipNet (Norway) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Norcomms Pte Ltd. (Singapore), Micromarin (Turkey) and MariApps Marine Solutions Pte.Ltd. (Singapore).
Segmentation Overview
AMA Research has segmented the market of Global Ship Management Software market by , Application (Rail Freight, Road Freight, Ocean Freight and Aviation Freight) and Region.
On the basis of geography, the market of Ship Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Type, the sub-segment i.e. Cloud Based will boost the Ship Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size , the sub-segment i.e. SMEs will boost the Ship Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Cloud Based Segmenting is rising in Popularity
Market Growth Drivers:
Increasing Adoption of Digital Solutions and Growth of Logistics and Transport Industry
Challenges:
Poor IT and Telco Infrastructure in Developing Countries
Restraints:
Increasing Cyber Attacks Cases
Opportunities:
Integration of Analytics and Artificial Intelligence
Market Leaders and their expansionary development strategies
In 2020, Arribatec AS, a Norway based Integrated Business Solutions and IT consultant has announced acquisition of IB, which is an Italy based designer and developer of Ship management software along with providing artificial intelligence services primarily in fleet control. The acquisition will enable IB to expand its global presence along with improving their existential products.
In 2019, Hanseaticsoft GmbH, a German cloud based software solutions provider has announced launch of a new mobile based ship management app known as CFM Go. The aim of this is to let customers manage or know relevant information of their fleet from anywhere. This gives real time. Anywhere, and anytime decision making capabilities to shipping companies.
Key Target Audience
Ship Management Software Developers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.