IoT will dominate the market
Autonomous ships a future reality
VSAT technology continues to gain popularity
An increased traffic across shipping routes is expected as marine activities pick up pace. More so, 50,000 merchant ships alone will cross the oceans daily with millions of cargo containers in tow, signalling the need for fast and efficient communications aboard vessels and between land and sea. The appetite for enriched content from seafarers, crew and passengers will spike the growth of VSAT technology with the total service revenue for VSAT expected to exceed $2 billion by 2025.
Adoption of remote monitoring
Remote monitoring strategies are recommended to avoid costly system shutdowns. This can also improve the efficiency of maintenance operations. With remote monitoring it is now possible to take data readings at set intervals and transfer this data back to head offices. Moreover, solutions with Augmented Reality (AR) enable offsite experts to guide onsite technicians.Trend 5
Increased cyber security measures
With the increase in connectivity at sea, the vulnerabilities to cyber threats will also increase. Some cyber-attacks cost the maritime industry hundreds of millions of dollars. It is recommended that the industry implements stronger cyber security measures to manage risk and potential loss. Eliminate cyber threats with proper security processes, increase education on cyberthreat and place adequate IT & security policies where needed.