Vessel Monitoring System Software Market to Reach US$ 1,168.85 Million by 2027, Growing at 12.8% CAGR

United States of America – September 10, 2025  – The Insight Partners is proud to announce its newest market report,  " Vessel Monitoring System Software Market Report : An In-depth Analysis of the Vessel Monitoring System Software Market."  The report provides a holistic view of the Vessel Monitoring System Software Market and describes the current scenario as well as growth estimates of the market during the forecast period.

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Overview of Vessel Monitoring System Software Market

The Vessel Monitoring System Software Market has witnessed significant growth driven by rising emphasis on sustainable fishing practices, regulatory enforcement, and technological advancement in satellite communication. Governments and international agencies are increasingly mandating vessel monitoring systems (VMS) to ensure compliance, manage fisheries effectively, and enhance maritime safety.

Key Findings and Insights

Market Size and Growth

• Historical Data & Forecast:  The Vessel Monitoring System Software Market was valued at  US$ 457.29 million in 2019  and is expected to grow at a CAGR of  12.8%  during the forecast period to reach  US$ 1,168.85 million by 2027.
• Key Factors:  Increasing illegal, unreported, and unregulated (IUU) fishing activities, global efforts toward sustainable fisheries, advancements in satellite-based tracking systems, and stricter compliance regulations are the primary drivers shaping market growth.

Market Segmentation

By Vessel Type

• Fishing Vessels

By Application

• Fisheries Management

Spotting Emerging Trends

• Technological Advancements:  Integration of AI-driven analytics, real-time data sharing, and cloud-based platforms is transforming vessel monitoring software capabilities.
• Changing Consumer Preferences:  Demand for advanced fisheries management solutions that ensure transparency, traceability, and sustainability in seafood supply chains is growing.
• Regulatory Changes:  Governments worldwide, including the EU, US, and Asia-Pacific nations, are enforcing stricter monitoring mandates for fishing vessels to combat IUU fishing and protect marine biodiversity.

Growth Opportunities

The Vessel Monitoring System Software Market offers substantial opportunities in expanding into developing coastal nations that are strengthening fisheries governance. Additionally, partnerships with government agencies and NGOs present significant potential for scaling software adoption. The growth of cloud-enabled platforms and integration with smart IoT-based maritime systems will also create new revenue streams for market players.

Conclusion

The Vessel Monitoring System Software Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2019–2027 report provides much-needed insights for companies aiming to strengthen their presence in this dynamic sector. With detailed analysis of competitive landscapes, regulatory frameworks, and technological innovations, the report enables stakeholders to make informed, data-driven decisions to maximize market opportunities.

Market Leaders and Key Company Profiles

• ORBCOMM Inc.
• Applied Satellite Technology Ltd
• Beijing Highlander Digital Technology Co., Ltd.
• BlueTraker
• CLS Fisheries
• Orolia Maritime
• Trackwell
• ShipNet
• Wärtsilä Corporation

About Us

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.

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Contact Person:  Ankit Mathur
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Phone:  +1-646-491-9876

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