Connected Ship Market

Connected Ship Market Forecast and Outlook 2025 to 2035

The global connected ship market is expected to grow from USD 8.9 billion in 2025 to approximately USD 17.6 billion by 2035, recording an absolute increase of USD 8.7 billion over the forecast period. This translates into a total growth of 97.8%, with the market forecast to expand at a CAGR of 7.1% between 2025 and 2035.

The overall market size is expected to grow by nearly 2.0 times during the same period, supported by increasing demand for maritime digitization solutions, rising adoption of advanced navigation technologies, and growing focus on operational efficiency across global shipping and maritime sectors.

Quick Stats for Connected Ship Market

• Connected Ship Market Value (2025): USD 8.9 billion
• Connected Ship Market Forecast Value (2035): USD 17.6 billion
• Connected Ship Market Forecast CAGR: 7.1%
• Leading Solution in Connected Ship Market: Hardware (40.0%)
• Key Growth Regions in Connected Ship Market: Asia Pacific, North America, and Europe
• Key Players in Connected Ship Market: Kongsberg, Wärtsilä, ABB Marine, Honeywell, Thales, Furuno, Inmarsat/Viasat, Iridium

Between 2025 and 2030, the market is projected to expand from USD 8.9 billion to USD 12.5 billion, resulting in a value increase of USD 3.6 billion, which represents 41.4% of the total forecast growth for the decade. This phase of development will be shaped by rising demand for digital maritime solutions, increasing applications in fleet optimization, and growing penetration in emerging shipping markets. Maritime operators and technology providers are expanding their connected ship capabilities to address the growing demand for advanced navigation systems in various shipping applications and operational processes.

Connected Ship Market Key Takeaways

Metric	Value
Estimated Value in (2025E)	USD 8.9 billion
Forecast Value in (2035F)	USD 17.6 billion
Forecast CAGR (2025 to 2035)	7.1%

From 2030 to 2035, the market is forecast to grow from USD 12.5 billion to USD 17.6 billion, adding another USD 5.1 billion, which constitutes 58.6% of the overall ten-year expansion. This period is expected to be characterized by the expansion of advanced maritime facilities, the integration of cutting-edge connectivity technologies, and the development of customized navigation systems for specific shipping applications. The growing adoption of digital maritime standards and regulatory requirements will drive demand for ultra-high efficiency connected ship systems with enhanced connectivity specifications and consistent operational characteristics.

Between 2020 and 2025, the market experienced steady expansion, driven by increasing recognition of maritime digital technologies' importance in shipping operations and growing acceptance of advanced connectivity solutions in complex maritime processes. The market developed as ship operators and maritime providers recognized the need for high-efficiency connectivity systems to address operational requirements and improve overall fleet performance. Research and development activities have begun to emphasize the importance of advanced connected ship technologies in achieving better efficiency and quality in maritime operations.

Why is the Connected Ship Market Growing?

Market expansion is being supported by the increasing demand for maritime digitization solutions and the corresponding need for high-efficiency connectivity systems in connected ship applications across global shipping and maritime operations. Modern ship operators are increasingly focused on advanced connected ship technologies that can improve operational efficiency, reduce maritime costs, and enhance overall fleet performance while meeting stringent regulatory requirements. The proven efficacy of connected ship services in various maritime applications makes them an essential component of comprehensive shipping strategies and operational programs.

The growing focus on maritime industry transformation and advanced operational optimization is driving demand for ultra-efficient connected ship systems that meet stringent performance specifications and regulatory requirements for shipping applications. Ship operator preference for reliable, high-performance connectivity systems that can ensure consistent operational outcomes is creating opportunities for innovative connected ship technologies and customized maritime solutions. The rising influence of maritime guidelines and operational protocols is also contributing to increased adoption of premium-grade connected ship systems across different shipping applications and maritime systems requiring advanced connectivity technology.

Opportunity Pathways - Connected Ship Market

The connected ship market represents a specialized growth opportunity, expanding from USD 8.9 billion in 2025 to USD 17.6 billion by 2035 at a 7.1% CAGR. As ship operators prioritize operational efficiency, regulatory compliance, and fleet performance in complex maritime processes, connected ship systems have evolved from a niche maritime technology to an essential component enabling operational delivery, fleet optimization, and multi-stage shipping production across maritime operations and specialized shipping applications.

The convergence of maritime expansion, increasing connectivity adoption, specialized shipping organization growth, and operational requirements creates momentum in demand. High-efficiency formulations offering superior operational performance, cost-effective hardware systems balancing performance with economics, and specialized connectivity variants for critical applications will capture market premiums, while geographic expansion into high-growth Asian maritime markets and emerging market penetration will drive volume leadership. Ship operator focus on operational quality and connectivity reliability provides structural support.

• Pathway A - Hardware Dominance: Leading with 40.0% market share, hardware applications drive primary demand through complex maritime workflows requiring comprehensive connectivity systems for operational delivery. Advanced formulations enabling improved operational efficiency, reduced fleet risks, and enhanced ship operator outcomes command premium pricing from operators requiring stringent performance specifications and regulatory compliance. Expected revenue pool: USD 3.6-4.4 billion.
• Pathway B - VSAT/LEO Satellite Leadership: Dominating with 60.0% market share through an optimal balance of performance and cost-effectiveness, VSAT/LEO satellite connectivity serves most maritime applications while meeting operational requirements. This connectivity addresses both performance standards and economic considerations, making it the preferred choice for shipping and maritime operations seeking reliable performance. Opportunity: USD 5.3-6.6 billion.
• Pathway C - Asian Market Acceleration: China (8.2% CAGR) and India (9.0% CAGR) lead global growth through maritime infrastructure expansion, operational capability development, and domestic connected ship demand. Strategic partnerships with local shipping providers, regulatory compliance expertise, and supply chain localization enable the expansion of connectivity technology in major maritime hubs. Geographic expansion upside: USD 1.8-2.5 billion.
• Pathway D - Fleet Monitoring Premium Segment: Fleet monitoring serves specialized applications requiring exceptional performance specifications for critical operational processes. Fleet monitoring formulations supporting professional operational requirements, complex maritime applications, and performance-sensitive processes command significant premiums from advanced shipping organizations and specialized maritime facilities. Revenue potential: USD 3.1-4.1 billion.
• Pathway E - Advanced Connectivity & Technology Systems: Companies investing in sophisticated connected ship technologies, maritime operational systems, and automated connectivity processes gain competitive advantages through consistent system performance and operational quality reliability. Advanced capabilities enabling customized specifications and rapid deployment capture premium shipping partnerships. Technology premium: USD 1.5-2.2 billion.
• Pathway F - Supply Chain Optimization & Reliability: Specialized distribution networks, strategic inventory management, and reliable supply chain systems create competitive differentiation in maritime markets requiring consistent connected ship service availability. Companies offering guaranteed supply security, technical support, and regulatory documentation gain preferred supplier status with compliance-focused ship operators. Supply chain value: USD 1.2-1.8 billion.
• Pathway G - Emerging Applications & Market Development: Beyond traditional fleet monitoring, connected ships in specialized navigation systems, performance optimization, and automated maritime processes represent growth opportunities. Companies developing new applications, supporting R&D initiatives, and expanding into adjacent maritime markets capture incremental demand while diversifying revenue streams. Emerging opportunity: USD 0.8-1.2 billion.

Segmental Analysis

The market is segmented by solution, application, connectivity, and region. By solution, the market is divided into hardware, software, and services. Based on application, the market is categorized into fleet monitoring, navigation/bridge, performance/engine, and safety/other. By connectivity, the market is divided into VSAT/LEO satellite, cellular, and other RF. Regionally, the market is divided into Asia Pacific, North America, Europe, Latin America, Middle East & Africa.

By Solution, Hardware Segment Accounts for 40.0% Market Share

The hardware segment is projected to account for 40.0% of the connected ship market in 2025, reaffirming its position as the category's dominant solution type. Ship operators increasingly recognize the optimal balance of performance and cost-effectiveness offered by hardware for most maritime applications, particularly in operational delivery and shipping processes. This solution addresses both performance requirements and economic considerations while providing reliable connectivity across diverse maritime applications.

This solution forms the foundation of most operational protocols for maritime applications, as it represents the most widely accepted and commercially viable level of connected ship technology in the industry. Performance control standards and extensive maritime testing continue to strengthen confidence in hardware formulations among shipping and maritime providers. With increasing recognition of the cost-performance optimization requirements in maritime operations, hardware systems align with both operational efficiency and fleet performance goals, making them the central growth driver of comprehensive shipping strategies.

By Application, Fleet Monitoring Segment Accounts for 35.0% Market Share

Fleet monitoring is projected to represent 35.0% of connected ship demand in 2025, highlighting its role as the primary application segment driving market adoption and growth. Ship operators recognize that fleet monitoring requirements, including complex operational processes, specialized performance needs, and multi-stage maritime systems, often require advanced connectivity services that standard maritime technologies cannot adequately provide. Fleet monitoring offers enhanced operational efficiency and regulatory compliance in maritime applications.

The segment is supported by the growing nature of shipping adoption, requiring sophisticated monitoring systems, and the increasing recognition that advanced fleet monitoring technologies can improve operational performance and maritime outcomes. Ship operators are increasingly adopting evidence-based operational guidelines that recommend specific fleet monitoring services for optimal maritime outcomes. As understanding of operational complexity advances and shipping requirements become more stringent, fleet monitoring will continue to play a crucial role in comprehensive operational strategies within the maritime market.

By Connectivity, VSAT/LEO Satellite Segment Accounts for 60.0% Market Share

VSAT/LEO satellite connectivity is projected to represent 60.0% of connected ship demand in 2025, highlighting its role as the primary connectivity segment driving market communication and growth. Ship operators recognize that VSAT/LEO satellite requirements, including global coverage processes, specialized bandwidth needs, and reliable communication systems, often require advanced connectivity services that standard communication technologies cannot adequately provide. VSAT/LEO satellite offers enhanced communication reliability and global coverage in maritime applications.

The segment is supported by the growing nature of global shipping operations, requiring sophisticated communication systems, and the increasing recognition that advanced VSAT/LEO satellite technologies can improve operational connectivity and maritime outcomes. Ship operators are increasingly adopting evidence-based communication guidelines that recommend VSAT/LEO satellite connectivity for optimal maritime communication. As understanding of communication complexity advances and shipping requirements become more stringent, VSAT/LEO satellite will continue to play a crucial role in comprehensive connectivity strategies within the connected ship market.

What are the Drivers, Restraints, and Key Trends of the Connected Ship Market?

The connected ship market is advancing steadily due to increasing recognition of maritime connectivity technologies' importance and growing demand for high-efficiency operational systems across the shipping and maritime sectors. The market faces challenges, including complex integration processes, potential for connectivity variations during implementation and maintenance, and concerns about supply chain consistency for specialized maritime equipment. Innovation in connected ship technologies and customized operational protocols continues to influence product development and market expansion patterns.

Expansion of Advanced Maritime Facilities and Connected Ship Technologies

The growing adoption of advanced maritime facilities is enabling the development of more sophisticated connected ship production and operational control systems that can meet stringent regulatory requirements. Specialized maritime facilities offer comprehensive connectivity services, including advanced operational and communication processes that are particularly important for achieving high-efficiency requirements in shipping applications. Advanced maritime channels provide access to premium services that can optimize operational performance and reduce maritime costs while maintaining cost-effectiveness for large-scale shipping operations.

Integration of Digital Maritime Systems and Operational Management Systems

Modern maritime organizations are incorporating digital technologies such as real-time performance monitoring, automated operational systems, and supply chain integration to enhance connected ship manufacturing and deployment processes. These technologies improve service performance, enable continuous operational monitoring, and provide better coordination between providers and ship operators throughout the connectivity lifecycle. Advanced digital platforms also enable customized performance specifications and early identification of potential service deviations or supply disruptions, supporting reliable maritime operational production.

Analysis of the Connected Ship Market by Key Country

Country	CAGR (2025-2035)
India	9.0%
China	8.2%
Mexico	6.8%
USA	6.5%
South Korea	6.2%
Germany	6.0%
Japan	5.0%

The market is experiencing varied growth globally, with India leading at a 9.0% CAGR through 2035, driven by the expansion of maritime infrastructure development, increasing shipping digitization capabilities, and growing domestic demand for high-efficiency connected ship systems. China follows at 8.2%, supported by maritime expansion, growing recognition of advanced connectivity technology importance, and expanding shipping capacity. USA records 6.5% growth, with a focus on developing the maritime technology and shipping industries. Germany shows 6.0% growth, representing a mature market with established shipping patterns and maritime frameworks. Japan demonstrates 5.0% growth, emphasizing maritime infrastructure expansion and systematic operational approaches.

India Demonstrates Growing Market Potential with Maritime Infrastructure Development

India is projected to exhibit robust growth with a CAGR of 9.0% through 2035, driven by ongoing maritime expansion and increasing recognition of high-efficiency connected ship systems as essential operational components for complex shipping processes. The country's expanding maritime infrastructure and growing availability of specialized connectivity capabilities are creating significant opportunities for connected ship adoption across both domestic and export-oriented shipping facilities. Major international and domestic maritime companies are establishing comprehensive technology and distribution networks to serve the growing population of ship operators and maritime facilities requiring high-performance connected ship systems across operational and shipping applications throughout India's major maritime hubs.

The Indian government's strategic focus on maritime modernization and shipping advancement is driving substantial investments in specialized connectivity capabilities. This policy support, combined with the country's large domestic shipping market and expanding maritime requirements, creates a favorable environment for the connected ship market development. Indian ship operators are increasingly focusing on high-value maritime technologies to improve operational capabilities, with connected ships representing a key component in this maritime transformation.

• Government initiatives supporting maritime development and shipping modernization are driving demand for high-efficiency connected ship systems throughout major shipping and maritime centers, including Mumbai, Chennai, and Kolkata regions.
• Shipping capacity expansion and connectivity system development are supporting appropriate utilization of connected ships among operators and maritime facilities nationwide, with particular growth in commercial shipping operations and maritime services.

China Demonstrates Exceptional Market Potential with Maritime Growth

China is expanding at a CAGR of 8.2%, supported by increasing maritime accessibility, growing shipping digitization awareness, and developing connectivity market presence across the country's major maritime clusters. The country's large shipping sector and increasing recognition of advanced connected ship systems are driving demand for effective high-efficiency operational solutions in both maritime and shipping applications. International maritime companies and domestic providers are establishing comprehensive distribution channels to serve the growing demand for quality connected ship systems while supporting the country's position as an emerging maritime technology market.

China's maritime sector continues to benefit from favorable shipping policies, expanding maritime capabilities, and cost-competitive connectivity infrastructure development. The country's focus on becoming a global maritime technology hub is driving investments in specialized connected ship technology and operational infrastructure. This development is particularly important for connected ship applications, as ship operators seek reliable domestic sources for critical connectivity technologies to reduce import dependency and improve supply chain security.

• Rising awareness about advanced connectivity options and improving maritime capabilities are creating opportunities for specialized connected ship systems across shipping and maritime settings in major hubs like Shanghai, Shenzhen, and Qingdao.
• Growing maritime infrastructure development and technology adoption are supporting increased access to high-efficiency connected ships among organizations requiring comprehensive connectivity capabilities, particularly in shipping and maritime organizations.

Mexico Shows Strong Regional Market Development

Mexico's market is expanding at a 6.8% CAGR through 2035, driven by improving maritime infrastructure access, growing awareness of shipping digitization solutions, and increasing adoption of connectivity technologies across major coastal centers. The country's developing maritime infrastructure and expanding shipping operations are creating substantial opportunities for connected ship adoption in both domestic maritime and international shipping applications. International and regional maritime companies are establishing distribution networks to serve Mexico's growing demand for quality connectivity systems while capitalizing on the country's strategic position as a gateway to Latin American maritime markets.

Mexico's maritime modernization initiatives and government shipping programs are driving investments in operational infrastructure. The country's focus on improving shipping efficiency through digital solutions is creating favorable conditions for connected ship market expansion. Mexican ship operators are increasingly recognizing the value of advanced connectivity technologies, with connected ships becoming integral to comprehensive maritime strategies.

• Maritime accessibility improvements and shipping digitization education programs are driving demand for effective connected ship systems throughout major coastal areas including Veracruz, Manzanillo, and Altamira.
• Expanding maritime infrastructure and connectivity adoption are supporting increased access to premium connected ship systems among operators seeking reliable operational solutions.

USA Maintains Technology Leadership

The USA's advanced maritime technology market demonstrates sophisticated operational deployment with documented connected ship effectiveness in shipping departments and maritime centers through integration with existing operational systems and connectivity infrastructure. The country leverages maritime expertise in connectivity technology and operational systems integration to maintain a 6.5% CAGR through 2035. Maritime centers, including major coastal areas, showcase premium installations where connected ship systems integrate with comprehensive operational information systems and maritime platforms to optimize connectivity accuracy and operational workflow effectiveness.

American ship operators prioritize system reliability and regulatory compliance in maritime development, creating demand for premium systems with advanced features, including quality validation and integration with the US maritime standards. The market benefits from established maritime industry infrastructure and a willingness to invest in advanced connected ship technologies that provide long-term operational benefits and compliance with regulatory requirements.

South Korea Demonstrates Advanced Technology Integration

South Korea's market is growing at a 6.2% CAGR through 2035, characterized by sophisticated ship operator preferences for technology-integrated maritime solutions and premium connectivity systems. The country's advanced digital infrastructure and technology-focused maritime sector are driving demand for innovative connected ship formulations that integrate with digital operational platforms and automated shipping systems. Korean ship operators demonstrate strong preference for scientifically-backed connectivity solutions with proven operational benefits and advanced integration mechanisms.

The market benefits from South Korea's position as a technology leader in maritime innovation, with companies developing next-generation connected ship systems that incorporate digital operational tracking and automated maritime protocols. Government support for maritime technology advancement and shipping digitization initiatives creates favorable conditions for premium connected ship adoption across major ports.

• Technology integration requirements and ship operator preference for premium maritime solutions are driving demand for advanced connected ship systems in Busan, Incheon, and other major maritime centers.
• Digital operational platform integration and automated shipping trends are supporting increased adoption of high-technology connected ships among tech-savvy operators seeking comprehensive connectivity solutions.

Germany Shows Strong Regional Leadership

Germany's market expansion benefits from diverse maritime demand, including shipping modernization in Hamburg and Bremen, connectivity development programs, and government maritime programs that increasingly incorporate connected ship solutions for operational enhancement applications. The country maintains a 6.0% CAGR through 2035, driven by rising maritime awareness and increasing adoption of connectivity benefits, including superior operational capabilities and reduced shipping complexity.

Market dynamics focus on cost-effective connected ship solutions that balance advanced operational features with affordability considerations important to German maritime operators. Growing maritime infrastructure creates demand for modern connectivity systems in new shipping facilities and maritime equipment modernization projects.

Strategic Market Considerations:

• Maritime and shipping segments leading growth with focus on operational enhancement and efficiency applications
• Regional maritime requirements are driving a diverse product portfolio from basic connected ship systems to advanced operational platforms
• Import dependency challenges offset by potential local development partnerships with international maritime manufacturers
• Government maritime initiatives beginning to influence procurement standards and connectivity requirements

Japan Emphasizes Precision and Integration Excellence

Japan demonstrates steady market development with a 5.0% CAGR through 2035, distinguished by maritime operators' preference for high-quality connected ship systems that integrate seamlessly with existing shipping equipment and provide reliable long-term operation in specialized operational applications. The market prioritizes advanced features, including precision operational algorithms, quality validation, and integration with comprehensive maritime platforms that reflect Japanese maritime expectations for technological sophistication and operational excellence.

Japanese ship operators focus on system reliability and precision in connected ship development, creating demand for premium systems with advanced features including automated quality monitoring and comprehensive operational support. The market benefits from established maritime research infrastructure and investment in connectivity technology that provides long-term operational benefits.

Strategic Market Indicators:

• Premium focus on precision systems with advanced operational algorithms and high-reliability capabilities
• Integration requirements with existing maritime information systems and operational management platforms
• Focus on connected ship reliability and long-term performance in maritime applications

Europe Market Split by Country

The connected ship market in Europe is projected to grow from USD 3.9 billion in 2025 to USD 7.7 billion by 2035, registering a CAGR of 7.0% over the forecast period. Germany is expected to maintain its leadership position with a 54.4% market share in 2025, rising to 55.0% by 2035, supported by its advanced maritime infrastructure, precision operational capabilities, and strong shipping presence throughout major maritime regions.

The United Kingdom follows with a 39.0% share in 2025, projected to reach 39.5% by 2035, driven by advanced operational protocols, maritime innovation integration, and expanding specialty shipping networks serving both domestic and international markets. France holds a 32.6% share in 2025, expected to increase to 33.0% by 2035, supported by maritime infrastructure expansion and growing adoption of high-efficiency connected ship systems. Italy commands a 25.9% share in 2025, projected to reach 26.2% by 2035, while Spain accounts for 21.3% in 2025, expected to reach 21.6% by 2035. The Rest of Europe region, including Nordic countries, Eastern Europe, and smaller Western European markets, is anticipated to hold 55.1% in 2025, declining slightly to 54.7% by 2035, attributed to market consolidation toward larger core markets with established maritime and shipping capabilities.

Competitive Landscape of the Connected Ship Market

The market is characterized by competition among established maritime equipment manufacturers, specialty connectivity companies, and operational technology suppliers focused on delivering high-efficiency, consistent, and reliable connected ship systems. Companies are investing in connectivity technology advancement, performance control enhancement, strategic partnerships, and customer technical support to deliver effective, efficient, and reliable connected ship solutions that meet stringent maritime and operational requirements. System optimization, performance validation protocols, and supply chain strategies are central to strengthening product portfolios and market presence.

Kongsberg leads the market with comprehensive high-efficiency connected ship system offerings with a focus on performance consistency and operational reliability for maritime applications. Wärtsilä provides specialized connectivity systems with focus on operational applications and comprehensive technical support services. ABB Marine focuses on advanced connected ship technologies and customized maritime solutions for operational systems serving global markets. Honeywell delivers established connectivity systems with strong performance control systems and customer service capabilities.

Thales operates with a focus on bringing innovative connected ship technologies to specialized maritime applications and emerging markets. Furuno provides comprehensive operational system portfolios, including advanced connected ships, across multiple maritime applications and operational processes. Inmarsat/Viasat specializes in customized connectivity solutions and performance management systems for maritime systems with focus on regulatory compliance. Iridium provides reliable supply chain solutions and technical expertise to enhance market accessibility and customer access to essential connected ship systems.

Key Players in the Connected Ship Market

• Kongsberg
• Wärtsilä
• ABB Marine
• Honeywell
• Thales
• Furuno
• Inmarsat/Viasat
• Iridium
• Navis
• DNV
• Lloyd's Register
• Marlink
• Navico
• Garmin
• Raytheon

Scope of the Report

Items	Values
Quantitative Units (2025)	USD 8.9 billion
Solution	Hardware, Software, Services
Application	Fleet Monitoring, Navigation/Bridge, Performance/Engine, Safety/Other
Connectivity	VSAT/LEO Satellite, Cellular, Other RF
Regions Covered	Asia Pacific, North America, Europe, Latin America, Middle East & Africa
Countries Covered	China, USA, Germany, Japan, India, South Korea, Mexico and 40+ countries
Key Companies Profiled	Kongsberg, Wärtsilä, ABB Marine, Honeywell, Thales, Furuno, Inmarsat/Viasat, and Iridium
Additional Attributes	Dollar sales by solution and application, regional demand trends, competitive landscape, ship operator preferences for specific connected ship systems, integration with specialty maritime supply chains, innovations in connectivity technologies, performance monitoring, and operational optimization

Connected Ship Market by Segments

• Solution:

  • Hardware
  • Software
  • Services

• Application:

  • Fleet Monitoring
  • Navigation/Bridge
  • Performance/Engine
  • Safety/Other

• Connectivity:

  • VSAT/LEO Satellite
  • Cellular
  • Other RF

• Region:

  • Asia Pacific

    • China
    • India
    • Japan
    • South Korea
    • ASEAN
    • Australia & New Zealand
    • Rest of Asia Pacific

  • North America

    • United States
    • Canada
    • Mexico

  • Europe

    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Nordic
    • BENELUX
    • Rest of Europe

  • Latin America

    • Brazil
    • Argentina
    • Chile
    • Rest of Latin America

  • Middle East & Africa

    • Kingdom of Saudi Arabia
    • Other GCC Countries
    • Turkey
    • South Africa
    • Other African Countries
    • Rest of Middle East & Africa