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Global Maritime Analytics Market Analysis Report 2024-2028, Featuring Wartsila, ABB, Spire Global. Windward, SparkCognition, RightShip, Prisma Electronics, ShipNet, Veson Nautical & Amplify Mindware

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DUBLIN, Feb. 13, 2024 /PRNewswire/ — The “Global Maritime Analytics Market: Analysis By Application, By End User, By Region Size, Trends and Forecast to 2028” report has been added to  ResearchAndMarkets.com’s offering.

The global maritime analytics market value stood at US$1.20 billion in 2022 and is forecast to reach US$2.44 billion by 2028. The market is expected to grow at a CAGR of 13.6% over the projected period of 2023-2028.

Market Segmentation Analysis:

By Application: Predictive and Prescriptive Analytics, Optimal Route Mapping, Vessel Safety and Security, Pricing Insights and, Others.

The predictive and prescriptive analytics segment dominated the market and is expected to be the fastest growing segment in the forecasted years. Predictive analytics employs historical data, statistical algorithms, and machine learning to forecast future events or behaviors, anticipating potential issues like vessel maintenance or optimal route planning by analyzing data patterns. It not only predicts potential scenarios but also advises on actions to enhance results. This includes suggesting the most suitable actions based on predictive insights, enabling improved decision-making for route optimization, fuel efficiency strategies, and operational improvements in the maritime domain.

By End User: Commercial Shipping and Military.

Commercial Shipping dominates the market due to the pivotal role of Maritime analytics within this sector and is expected to be the fastest growing segment in the forecasted period. The prevalence of maritime analytics in commercial shipping fuels the global market growth by significantly enhancing operational efficiency, ensuring safety, and curbing costs. This criticality arises from analytics solutions becoming indispensable for navigating global trade complexities, meeting rising demands for data-driven insights and efficiency tools. Consequently, the sector’s dominance arises from its transformative impact and the quest for enhanced efficiency and safety in shipping.

By Region: North America, Europe, Asia Pacific, and the Rest of the World.

North America is the largest region of the maritime analytics market and presents a promising landscape. Notably, countries like the US, Canada, and Mexico contribute significantly to this market, each shaped by unique elements shaping their maritime analytics realm. In the US, the market thrives owing to extensive coastlines and major ports, fostering a strong demand for analytics solutions. Emphasizing maritime security and leveraging advanced technologies like AI, IoT, and satellite tracking systems further drive the adoption of analytics for vessel monitoring and port optimization. Canada’s market steadily grows due to reliance on maritime trade, focusing on marine safety, environmental conservation, and efficient port management, especially in navigating Arctic shipping routes.

The Asia Pacific is the fastest-growing region of the maritime analytics sector. Across the Asia Pacific region, China stands as a pivotal maritime hub, bolstering the analytics market with extensive shipping activities and an emphasis on security. Japan leverages analytics for port optimization and maritime safety, driven by technological advancements.

South Korea’s prominent shipbuilding industry and focus on marine preservation drive analytics adoption, while India experiences growth due to strategic geography and initiatives like the Sagarmala project, emphasizing port-led development and security measures. These countries’ collective efforts fortify maritime operations, secure trade routes, and emphasize environmental conservation, driving the growth of the regional maritime analytics market.

Drivers and Trends Fueling the Market

Growing seaborne trades and an increasing emphasis on efficient maritime operationsEnhanced concern for environmental sustainabilityThe rising popularity of marine tourismStringent regulatory adherence, enforcing compliance and sustainable practicesTechnological integrations such as IoT and AI within maritime systems

The key players of the global maritime analytics market are:

WartsilaABBSpire Global.WindwardSparkCognitionRightShipPrisma ElectronicsShipNetVeson NauticalKplerOrbitMIAmplify Mindware

Key Topics Covered:

1. Executive Summary

2. Introduction
2.1 Maritime Analytics: An Overview
2.2 Maritime Analytics Segmentation: An Overview

3. Global Market Analysis
3.1 Global Maritime Analytics Market: An Analysis
3.2 Global Maritime Analytics Market: Application Analysis
3.3 Global Maritime Analytics Market: End User Analysis

4. Regional Market Analysis
4.1 North America Maritime Analytics Market: An Analysis
4.2 Europe Maritime Analytics Market: An Analysis
4.3 Asia Pacific Maritime Analytics Market: An Analysis
4.4 Rest of World Maritime Analytics Market: An Analysis

5. Impact of COVID-19
5.1 Impact of COVID-19 on Maritime Analytics Market
5.2 Post COVID-19 Impact on Maritime Analytics Market

6. Market Dynamics
6.1 Growth Drivers
6.1.1 Growing Seaborne Trades
6.1.2 Increasing Demand for Enhanced Maritime Operations
6.1.3 Increased Focus On Environmental Sustainability
6.1.4 Rising Popularity Of Marine Tourism
6.1.5 Growing Regulatory Adherence
6.2 Challenges
6.2.1 Concerns Related to Cyber Security and Lack of Skilled Workforce
6.2.2 Increasing Costs Associated with Complexity Source
6.3 Market trends
6.3.1 Penetration of Internet of Things (IoT)
6.3.2 Integration of Artificial Intelligence and Blockchain
6.3.3 Cloud-based solutions and SaaS delivery
6.3.4 Focus on predictive maintenance
6.3.5 Rising Demand for Commodities Transportation
6.3.6 Adoption in Developing Regions

7. Competitive Landscape
7.1 Global Maritime Analytics Market Players by Services

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/nyk1h

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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Changsha polishes blueprint for tech-culture integration

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BEIJING, Dec. 2, 2024 /PRNewswire/ — A report from China Daily

Innovative approach spurs expansion of tourist industry

Limitless potential for revamping tourism is created when a city melds its dazzling culture with cutting-edge technology. Such is the case in Changsha, capital of Central China’s Hunan province, where a whirlwind of “culture plus technology” is sweeping the city, spurred by concerted efforts to blend industries with culture and shape new paradigms for tourism.

New business modes

Located on the bank of Liuyang River, Changsha’s Malanshan Video Cultural and Creative Industrial Park is home to more than 60,000 professionals who are excelling in the field of audio and video creation and production. With the support of technology, new cultural business modes have emerged there, forming a complete digital cultural industry chain that encompasses links such as content production, creativity, storage, broadcasting and trading.

At Skymedia, a large audio and video multimedia model released by Wondershare at Malanshan park, users can upload a photo and get a dynamic 3D effect video, or input text commands to generate music. The model boasts a wide variety of functions, including text-to-video generation, image-to-video generation and soundtracks, and is in commercial use. With the Skymedia model, creators can complete audio and video content production and editing more efficiently, significantly enhancing both the efficiency and quality of their creations.

As part of another project at Malanshan park, two people far apart don special pairs of “glasses” to become “close neighbors” in a virtual scene. Zou Jun, who is responsible for the project, said: “We define it as the next generation of communication, enabling real-time face-to-face interaction for remote business meetings, family communications and educational activities.”

The deep integration of culture and technology has led to the continuous emergence of new business modes and new scenarios at Malanshan park. According to statistics, over the past two years, more than 60 percent of leading enterprises attracted to the park are engaged in new business modes.

The animation and video game industry has become one of the fastest-growing new cultural sectors in recent years. Thanks to new infrastructure such as a video cloud platform, a supercomputing center and shared production center, Malanshan park has reduced the rendering time and costs for animation and game production by 30 percent. This has led to a strong trend of enterprises clustering together and scaling up capacity in the three-dimensional animation industry.

Currently, Malanshan park focuses on new technologies, new applications and new industries. It has established 16 scientific and technological innovation institutions and attracted 3,000-plus upstream and downstream enterprises.

By deeply applying digital technologies such as panoramic scanning, virtual reality and glasses-free 3D into the field of cultural heritage, other Changsha projects have brought precious historical relics back to life.

In August, Hunan Mango Digital Art Intelligence Technology launched a digital cultural museum application called Shanhai. This platform uses digital technology to present museum relics in a 3D form, allowing people to explore exhibitions anytime and anywhere on their mobile devices. The app offers vast digital collections and integrates functions such as 3D artifact appreciation, AI interaction and personalized museum experiences. It has quickly become popular online.

Digital technology helps relics be “reborn”, allowing audiences to seemingly travel back thousands of years while gaining an immersive understanding of the history and culture behind them. This year, Hunan Museum released a 3D digital image of Lady Xin Zhui, a woman whose remains have been well preserved for more than 2,000 years. Through the integration of advanced AI technology, motion capture technology and multiple disciplines including medicine and archaeology, the “sleeping beauty” has been brought back to life.

Besides relics in the museum, heritage in the wild can be “revived” with the help of high-tech solutions. The Wuxi site of stone tablets in Hunan’s Qiyang city is a large open-air site that preserves stone inscriptions from the Tang Dynasty (618-907), making it a rare treasure trove of calligraphic carvings. Due to natural causes, the surfaces of the inscriptions have experienced varying degrees of weathering, rendering many characters blurred and difficult to discern. The Malanshan cultural digitization innovation center, in collaboration with a team, utilized various digital technologies to rejuvenate the historical and cultural heritage, collecting images of each stele, employing techniques to achieve high-precision digital imaging, and forming a stele database.

Today, the database stores basic information about the inscriptions, which have been made clear and distinguishable, and provides things such as original photos and micro-trace images, as well as calibrating relationships between several hundred steles and hundreds of famous individuals. In the future, it could facilitate secondary creations around the inscriptions by experts, scholars and design teams.

Cultural tourism

Changsha’s innovative integration of culture and technology has given rise to new cultural tourism scenarios and business modes. From traditional real-world sightseeing to immersive experiences that blend the real with the virtual, new technologies can be found in the creation and dissemination of cultural content and interactive methods in cultural tourism, providing visitors with entirely new experiences.

In September, a digital exhibition hall, located next to Tianxin Pavilion, officially opened. The hall houses a vast collection of relics related to figures from Hunan history and also offers an immersive cultural experience via new digital and intelligent technologies. In one example, a digital image of Zhu Xi, a renowned philosopher from the Song Dynasty (960-1279), appears on a screen and can answer questions asked by visitors. The “digital human” Zhu Xi was created based on national supercomputing. Through AI technology, the great scholar’s attire, expressions and movements have been interpreted and he can engage in precise conversations with visitors. They can ask him abstract questions such as the meaning of “seeking truth from facts”, as well as trendy enquiries like “What are some of the best foods in Changsha?” or “What drinks did people in the Song Dynasty enjoy?”

View original content to download multimedia:https://www.prnewswire.com/news-releases/changsha-polishes-blueprint-for-tech-culture-integration-302320308.html

SOURCE China Daily

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Aurigo Software Strengthens Workforce with Strategic Hires from India’s Leading Engineering Institutions

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BENGALURU, India, Dec. 3, 2024 /PRNewswire/ — Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, has strengthened its talent base with recent hires from India’s premier engineering colleges, such as BITS Goa, BITS Hyderabad, and NIT Trichy, among others. With their proximity to leading technology institutes, Aurigo’s Bangalore and Mysore offices offer opportunities for skilled graduates to contribute to impactful projects and collaborate with experienced mentors.

India has become the hub for Aurigo’s global research and development, where teams develop core strategies and build innovative solutions from the ground up. The company is expanding its product capabilities to extend digital twins by integrating design with capital planning, advancing its AI platform, and offering improved UI/UX. With roles spanning business analysis, DevOps, cloud operations, and software testing, the recent recruits will play a crucial part in driving innovation and maintaining the company’s reputation for quality and excellence.

“We’re excited to welcome these talented professionals at a pivotal time for Aurigo,” said Balaji Sreenivasan, CEO and founder of Aurigo Software. “Their energy and fresh perspectives will be vital to fuel the next phase of our innovation and global growth as we modernize our products and advance our investments in AI.”

Aurigo’s commitment to nurturing talent extends beyond recruitment. The company provides comprehensive training programs, mentorship opportunities, and a culture of continuous learning that enables employees to grow both personally and professionally. With over 500 professionals in its India offices, Aurigo offers new graduates a unique opportunity to build expertise in cloud technologies, AI/ML, capital program management, and managing core strategies.

The expansion serves as a testament to Aurigo’s progress as infrastructure and facility owners respond to the rising demand for capital program management solutions following the increase in investments across transportation, electricity, and water utilities in the U.S. The new talent pipeline supports the company’s commitment to innovation while offering skilled graduates and professionals the opportunity to contribute to impactful global projects.

About Aurigo Software

Aurigo builds software that helps build the world. Aurigo provides modern, cloud-based solutions for capital infrastructure and private owners to help plan with confidence, build with quality, and maintain their assets efficiently. With more than $300 billion of capital programs under management, Aurigo’s solutions are trusted by over 300 customers in transportation, water and utilities, healthcare, higher education, and government on over 40,000 projects across North America. Aurigo helps capital program executives make better decisions based on proprietary artificial intelligence and machine learning technology. Aurigo is a privately held U.S. corporation headquartered in Austin, Texas, with global offices in Canada and India.

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Delta Force | Official Global Open Beta Anthem Teaser

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LOS ANGELES, Dec. 2, 2024 /CNW/ — Team Jade, a renowned branch of TiMi Studio Group, is delighted to present the Official Global Open Beta Anthem Teaser for Delta Force. This teaser introduces “Fight”, a new track from the acclaimed composer duo 2WEI (Warriors, Still Here, Survivor), alongside a preview of the much-anticipated Warfare mode.

 

Warfare is a groundbreaking mode in Delta Force that delivers massive-scale PvP battles, immersing players in war simulations with expansive maps and an array of vehicles across land, air, and sea. The roster of maps will continue to grow, offering players an ever-evolving battlefield experience.

The Delta Force PC Open Beta launches December 5 and will be available for free on PC, Steam and Epic Games Store. The full anthem, “Fight”, will debut on the same day.

About Delta Force

Delta Force is the upcoming free-to-play tactical shooter that is the next installment of the beloved Delta Force series, which will feature large-scale multiplayer modes, as well as an action-packed single-player/co-op campaign, a deep weapons arsenal for customization, and more. Delta Force PC Open Beta launches on December 5th and players can join the fray by getting the game for free via its website, Steam and Epic Games Store pages.

About Team Jade

Team Jade is a notable branch of TiMi Studio Group renowned for Call of Duty: Mobile and Assault Fire, the latter being the most popular Chinese shooter game on PC for the past decade. With a roster of hundreds of industry veterans, the team has garnered multiple prestigious accolades, including BAFTA and TGA awards.

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SOURCE Team Jade

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