The global marine and marine management software market size to grow from USD 1.7 billion in 2021 to USD 2.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period. Factors such as rising need to efficiently manage complex supply chain operations, increase sustainability across marine industry, and increasing demand for centralized administrative of data to reduce overall shipment costs and enhance shipyard productivity are driving the adoption of the marine software market across the globe.
According to Havenstar, marine software is a multilingual system that supports multi-currency transactions and facilitates secure information sharing between marinas. It is easy for staff to use so that they can keep their customer relations running smooth. It is a marina software tool that supports staff to manage the resources, employees, customers, finances, and security of their marina and boatyards in the most effective way possible.
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Some of the key players operating in the marine and marine management software market include Oracle (US), ABB (Switzerland), DockMaster (US), Marina Master (Slovenia), Marinacloud (Croatia), Lloyd's Register (UK), TIMEZERO (France), Scribble Software (US), MarineCFO (US), Chetu (US), MESPAS (Switzerland), Dockwa (US), Swell Advantage (Canada), Marina Ahoy (Estonia), Harba (Denmark), Harbour Assist (UK), Havenstar (England), Gestalt Systems (Germany), Seahub (US), BlueShell (Switzerland), Raymarine (UK), Ayden Marine (Turkey), OceanManager (US), Innovez One (Singapore), RMS (Australia), Nautical Software (US), CorVant (US). These marine and marine management software vendors have adopted various organic and inorganic strategies to sustain their positions and increase their market shares in the global marine and marine management software market.
Oracle was incorporated in 1977 and is headquartered in California, US. The company is a global leader in delivering a broad spectrum of products, solutions, and services designed to meet the requirements of corporate IT environments, such as platforms, applications, and infrastructure. Oracle’s customers include businesses of various sizes, government agencies, educational institutions, and resellers. The company, directly and indirectly, sells its products and services through a worldwide sales force and Oracle Partner Network, respectively. It specializes in developing, manufacturing, and marketing hardware systems, databases, middleware software, and application software. It provides SaaS offerings that are designed to incorporate emerging technologies, such as IoT, AI, ML, and blockchain. It operates through three business segments: cloud and license, hardware, and services, in more than 175 countries and caters to 4,30,000 customers across banking, telecommunications, engineering and construction, financial services, healthcare, insurance, public sector, retail, and utilities verticals. In the marine software market, Oracle offers the cruise ship technology solution designed specifically to optimize operations on a cruise ship for port management and crew management applications. Oracle offers Shipboard Property Management System (SPMS), Fleet Management System (FMS), Fine Dining System (FDS), and integration facility as well.
ABB was founded in 1988 and is headquartered in Zurich, Switzerland. It is a leading global technology company that strengthens the transformation of society and industry to achieve a more productive, sustainable future. ABB is a technology-driven company that helps raise the performance of the business. It is present in the industry for more than 130 years now. ABB delivers its services in 100 countries and has an employee base of more than 90,000 till 2021. The company operates in the robotics industry, motors and generators, drives, smart buildings, eMobility, marine vessels; turbocharging; data centers; renewable energy; technology; energy; utilities; transport; and oil, gas, and chemicals. And semiconductors industry verticals. ABB assists marine and ports to drive the evolution of sustainable shipping with electrical propulsion, data-driven decision support, and integrated solutions for ship and shore for port management and crew management applications. ABB is paving the way to a zero-emission marine industry by providing greater efficiency and reliability to ship and vessel owners.
Marine and Marine Management Software Market by Component (Software and Services), Location (Onboard and Onshore), Application (Crew Management, Port Management, and Reservation Management), Deployment Mode, End User, and Region - Global Forecast to 2026
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