According to Cognitive Market Research, the global Maritime Surveillance market size is USD 25412.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 10164.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 7623.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 5844.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 1270.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9 % from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 508.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
The Surveillance & Tracking held the highest Maritime Surveillance market revenue share in 2024.
