Marine Internet of Things (IoT) companies

  • Report ID: 3692
  • Published Date: Oct 13, 2025
  • Report Format: PDF, PPT

Key Marine Internet of Things (IoT) Market Players:

    The international marine IoT market is extremely fragmented, but at the same time consolidated, and is readily characterized by intense competition between established maritime organizations and agile technological entrants. Besides, notable players are strongly pursuing growth through two strategies, including tactical mergers and acquisitions and technological partnerships. For instance, maritime leaders, such as Kongsberg and Wärtsilä, effectively acquired niche AI-based startups to boost their respective analytical capabilities, while operators associated with satellite partnered with cloud providers to develop seamless data-to-insight pipelines, thereby making it suitable for the marine internet of things (IoT) market.

    Here is a list of key players operating in the global market:

    • Wärtsilä (Finland)
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ABB (Switzerland)
    • ORBCOMM (USA)
    • Kongsberg Gruppen (Norway)
    • Inmarsat (UK)
    • Fujitsu (Japan)
    • Windward (Israel)
    • Iridium Communications (USA)
    • Ericsson (Sweden)
    • NTT Group (Japan)
    • Cisco Systems (USA)
    • Microsoft (USA)
    • Hyundai Heavy Industries (South Korea)
    • DNV (Norway)
    • ATEK Access Technologies (USA)
    • Marlink (Norway)
    • Speedcast (Australia)
    • Bharat Electronics Ltd. (India)
    • SAP (Germany)
    • GTT (France)

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of the marine internet of things (IoT) market was over USD 7.3 billion.

The market size for the marine internet of things (IoT) market is projected to reach USD 14.2 billion by the end of 2035 expanding at a CAGR of 7.7% during the forecast period i.e., between 2026-2035.

The major players in the market are Wärtsilä, ABB, ORBCOMM, Kongsberg Gruppen, Inmarsat, Fujitsu, and others.

In terms of the vessel type segment, the commercial vessels segment is anticipated to garner the largest market share of 88.5% by 2035 and display lucrative growth opportunities during 2026-2035.

The market in Asia Pacific is projected to hold the largest market share of 42.3% by the end of 2035 and provide more business opportunities in the future.
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