maritime-startup-report Photo by Caspar Camille Rubin on Unsplash
AI Cybersecurity Europe Ports Shipping Startups Technology

Maritime startups report

Inmarsat has released the Trade 2.0 Report, that is is an original study by PUBLIC and commissioned by Inmarsat into the critical role of maritime startups and the benefits of digitalisation to the shipping and offshore sectors between 2020 and 2030.

The key findings locate the maritime sector at an inflection point – open to big data, blockchain, artificial intelligence (AI) and cloud computing at a time when emissions regulations are pushing it away from the fossil fuels that have framed its business model.

This report examines how startups, enabled by a new generation of connectivity at sea, and emerging technologies such as big data, AI, blockchain, and cloud computing, are driving this change to create a new ShipTech (shipping and maritime technology) market.

The policy outlook (including the UK and Brexit), the maritime startup ecosystem, the connected ship, sip operations, port operations, ship management and services (including fleet management and a marketplace for bunkering), trade facilitation, how connectivity is enabling sustainability,…

According to this maritime startups report, the global ShipTechmarket is worth over $100B and it forecasts that it will be worth an estimated $278B annually by 2030.