The global maritime surveillance market reached a value of USD 24.7 billion in 2023 and is projected to grow at a compound annual growth rate of 7.4% over the next 20 years, reaching USD 40.3 billion by 2030. This growth of the market can be credited to the growing count of partnerships and collaborations, the increasing requirement for handling difficult supply chain operations, the rising trade and freight transportation activities throughout the sea, and the increasing count of maritime threats, unlawful acts, and piracy.

Moreover, due to increased awareness of safety and sustainability in the marine industry, market growth is on the rise. Various technological advances such as GPS, RFID, robotics, and blockchain will help to cut down on piracy and terrorism in seas and oceans.

The maritime border plays a vital position in territorial integrity and country-wide protection when it comes to trade, immigration, or migration. The importance of patrolling territorial waters with state-of-the-art flying systems is increasing in some countries, which have long coastlines. While appearing in security operations, maritime surveillance will be exercised for the identification and detection of threats.

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In a number of advanced and emerging economies new marine security plans have been introduced. In that context, the market for maritime safety has been significantly affected in this respect by the USA, European Union, African Union, United Kingdom, and other countries. Unmasked efforts to support sea terrorism often obscured the disputes between nations. There is thus a growing global interest in maritime surveillance of different aspects related to the marine sector, such as pirate risks and interstate tensions, particularly in China.

In 2030, the North American region dominated the market with the largest revenue share, of around 40%. For advancing safety for coastline processes, enhanced maritime surveillance systems are utilized. For example, Canada has the world’s lengthiest coastline, calculating 243,042 km, which comprises the mainland coast and the coasts of offshore islands, as compared to China (14,500 km), Indonesia (54,716 km), the U.S. (19,924 km), and Russia (37,653 km).