The Global Vessel Traffic Management Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

A vessel traffic service (VTS) is a marine traffic monitoring system established by harbour or port authorities, similar to air traffic control for aircraft. Typical VTS systems use radar, closed-circuit television (CCTV), VHF radiotelephony and automatic identification system to keep track of vessel movements and provide navigational safety in a limited geographical area.
The vessel traffic management market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period, owing to the increasing sea transport, and government involvement in coastal and port security.
In the global Vessel Traffic Management Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
This report focuses on Vessel Traffic Management volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Vessel Traffic Management market size by analysing historical data and future prospect.

In Market segmentation by manufacturers, the report covers the following companies-
Kongsberg Gruppen
Transas
Thales Group
Leonardo
Saab
Indra Sistemas
Rolta India
Tokyo Keiki
Kelvin Hughes
L3 Technologies
Signalis
Frequentis
Terma
Vissim

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Port Management Information Systems
Global Maritime Distress Safety Systems
River Information Systems
AtoN Management and Health Monitoring Systems

In Market segmentation by applications :
Commercial
Defense

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Vessel Traffic Management Market for the forecast period 2023 - 2030?
• What are the driving forces in the Vessel Traffic Management Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Vessel Traffic Management industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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