10 Most Promising Maritime Technology Solution Providers – 2023

Maritime Technology, increase efficiency, safety, and better sustainability
Marine technology is defined by WEGEMT, a European association of 40 universities in 17 countries as technologies for the safe use, exploitation, protection of, and intervention in, the marine environment. In this regard, according to WEGEMT, the technologies involved in marine technology are the naval architecture, marine engineering, ship design, ship building and ship operations, oil and gas exploration, exploitation, and production, hydrodynamics, navigation, sea surface and sub-surface support, underwater technology and engineering, marine resources including both renewable and non-renewable marine resources transport logistics and economics, inland, coastal, short sea and deep sea shipping, protection of the marine environment, leisure and safety.

"The maritime sector significantly contributes to the global economy, emphasizing its economic importance and the jobs it provides, from sailors to port workers and beyond"

The maritime industry evolving with new technologies
Marine technology is important for commerce and sustainable development.Artificial intelligence is being used in the maritime industry in various ways, including for calculating the estimated time of arrival (ETA), monitoring air and water quality, and assessing underwater noise. Innovations such as IoT, robotic shipping and AI will all play a critical role in the near future, emphasizing stable, fast connectivity at sea. The advantages of smart maritime technology are increased efficiency, reduced costs, improved safety, and better sustainability To transform ocean industries it is crucial to use technology. It can help with planning sea space strategy and maritime traffic management. Technology is setting up the trends and challenges in mari[1]time management. The potential is in smart fleet operation and autonomous vessels. The global maritime digitization market size was valued at $157.4 billion in 2021, and is projected to reach $423.4 billion by 2031, growing at a CAGR of 10.7 Percent from 2022 to 2031.

CIOTechOutlook in this issue presents a list of "10 Most Promising Maritime Technology Solution Providers – 2023" who have leveraged their extensive industry expertise and experience in providing excellent services. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable product and services.

We present to you CIOTechOutlook 10 Most Promising Maritime Technology Solution Providers – 2023.