Middle East and Africa Marine Fleet Management Software Market Size, Share, Trends, Key Drivers

Middle East and Africa Marine Fleet Management Software Market Overview and Insights:

According to MarkNtel Advisors Report, Middle East and Africa Marine Fleet Management Software Market projected to grow at a CAGR of around 6.02% during the forecast period, i.e., 2023-28.

Middle East and Africa Marine Fleet Management Software Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Time Period Captured in the Report:

Historical Years: 2018-21

Base Years: 2022

Forecast Years: 2023-28

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Key Trends: Adoption of Data Analytics in Marine Fleet Management Software

Many companies, like Marine Digital, DNV, SBN Technology, etc., are offering data analytics tools for ship management. The adoption of these data analytics is emerging as during day-to-day operations of the vessels, a huge amount of data is generated & with the use of data analytic tools, a lot of information can be harnessed easily & used effectively.

The data analytics conclude fleet & vessel performance & provide fleet management reports, summaries, statistics, etc. Therefore, maritime companies are constantly investing in solutions like data analytics that can help them enhance productivity while lowering overall costs.

Further, the use of analytics provides real-time updates, which subsequently helps in better asset management. Thus, the trend of using data analytic tools in fleet management would drive the market in the forthcoming years.

Who are the Key Players Operating in the Middle East and Africa Marine Fleet Management Software Industry?

The top companies of the Middle East and Africa Marine Fleet Management Software market ruling the industry are:

TIMEZERO
Norcomms
Veson
SpecTec
ABS Group
Shipnet AS
PRIME Marine
SERTICA
SBN TechnoLogics Private Limited
Micromarin
Matrid Technologies
Kongsberg
Bassnet Software Ltd.
Hanseaticsoft GmBH
JiBe ERP
DNV GL

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What is Included in Middle East and Africa Marine Fleet Management Software Market Segmentation?

The report has segmented the market into the following categories:

-By Deployment

On-premise
Cloud

Among them, the Cloud-based segment acquired the maximum share of the Middle East & Africa Fleet Management Software market during the past period. The use of cloud-based software helps operators & logistics companies access business data & applications from a remote location at any unspecified time using any electronic devices like mobile phones, tablets, laptops, etc.

Owing to this, the adoption of this software was comparatively higher than On-premise software during the historical period. Furthermore, the surging focus of fleet managers to attain real-time updates & prevent the indulgence of lawsuits, accidents, thefts, and frauds is further increasing the adoption of cloud-based fleet management software.

-By Function

Tracking and Monitoring
Routing and Scheduling
Procurement Management
Safety Management
Environment Management
Document Management
Crew Management
Others (Account and Compliance Management, Supply Chain and Logistics Management)

-By Location

On board
Onshore

Geographical Analysis:

-By Country

The UAE
Saudi Arabia
Qatar
Oman
Turkey
Egypt
South Africa
Rest of Middle East & Africa (MEA)

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