Middle East and Africa Marine Fleet Management Software Market Overview:

According to MarkNtel Advisors study the Middle East and Africa Marine Fleet Management Software Market is projected to grow at a CAGR of around 6.02% during the forecast period, i.e., 2023-28. The ports in the Middle East, such as Saudi Arabia’s King Abdullah Port, Port Salalah in Oman, Hamad Port in Qatar, Khalifa Port in Abu Dhabi, and Saudi Arabia’s Jeddah Islamic Port, are showcasing exponential growth in economic activities owing to which the region is emerging as a global transshipment hub. According to World Bank’s Global Container Port Performance Index (CPPI), the world’s four best-performing ports of 2021 are currently located in the Middle Eastern region. These busy ports in the region have to deal with large fleet traffic, due to which fleet managers & operators are substantially adopting fleet managing software as it coordinates fleet management activities with much lesser complication. 

Key Findings of the Study: Middle East and Africa Marine Fleet Management Software market

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.

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Scope of the Middle East and Africa Marine Fleet Management Software Market Report Segmentation

-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 Deployment

  • On-Premise
  • Cloud

-By Location

  • On board
  • Onshore

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Geographical analysis:

-By Country

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

The UAE demonstrated a significant shareholding and thereby dominated the Middle East & Africa fleet Management Software market in the historical period. The strategic geopolitical positioning & the government’s strategic vision for strengthening technology & innovation have led to the consistent growth of the country as a logistics center. The surge in the logistics industry & the pro-business environment has led to the growth of several major shipping companies, like the United Arab Shipping Company (UASC) UAE, Atlantic Maritime Group FZE, Gulftainer Company Limited, etc.

Current Landscape of Middle East and Africa Marine Fleet Management Software Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Middle East and Africa Marine Fleet Management Software market. The research report profiles major players, including

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  • 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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