The Future of Maritime Connectivity – 2017 – Proposal
Use cases for maritime connectivity differ hugely between parts of the industry and so too do the technologies deployed to enable connectivity. In the merchant segment, for example, there has been a strong emphasis on providing connectivity to improve crew morale, make workers more productive and also, make them less likely to seek alternative employment. Cruise liners, on the other hand, are always on the lookout for ways to differentiate their services from competitors and Wi-Fi is now offered so that passengers can use smartphones, tablet PCs and other personal computing devices to maintain contact with the “outside” world.
Furthermore, the advent of broadband connectivity, on the ground and at sea, has meant that the Internet of Things (IoT) revolution is reaching vessels and offshore platforms. The “connected ship” represents a paradigm shift for the industry and many participants are in the early stages of deploying various applications. Some have begun to embrace staged increases in connected ECDIS capabilities with the myriad of benefits associated with tighter integration with shore-based systems are becoming better and better understood.
Valour Consultancy’s latest report on the maritime connectivity market provides a complete view of the current state of play and its likely future direction. It builds upon the previous iteration of the study, as well as the firm’s acclaimed research into the closely related market for in-flight connectivity. From a data standpoint, “The Future of Maritime Connectivity – 2017” quantifies the number of vessels and offshore platforms equipped with maritime connectivity solutions in 2016 with forecasts provided out until 2021. Service revenues and average revenue per user (ARPU) are modelled over the same timeframe with splits by geographic region, maritime market segment and connectivity technology included. Additionally, the report contains an exhaustive discussion of key drivers of growth, potential market inhibitors, technological developments and the competitive environment.
Key questions answered by the report include: