Global Vessel Traffic Management Market Poised for Growth Amid Rising Maritime Trade and Port Modernization
The global vessel traffic management market, valued at USD 5.27 billion in 2021, is projected to expand at a compound annual growth rate (CAGR) of 8.3% during the forecast period, reflecting the rising demand for safer and more efficient maritime operations. The market has emerged as a strategic pillar of international trade, with vessel monitoring systems, advanced navigation infrastructure,...
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