Vessel Traffic Management System Market 2030: Key Trends to Watch in Maritime Technology
The global vessel traffic management system (VTMS) market was valued at USD 6.12 billion in 2023 and is projected to reach USD 9.95 billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030. VTMS plays a critical role in ensuring the safe and efficient movement of maritime traffic, making it a vital component of modern port operations.
These systems rely on real-time data...