Vessel Traffic Management Market Report 2026

The vessel traffic management market size has grown strongly in recent years. It will grow from $5.11 billion in 2025 to $5.59 billion in 2026 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increase in global maritime trade volumes, congestion in major sea routes, expansion of port infrastructure, adoption of radar-based monitoring systems, rising maritime safety regulations.

The vessel traffic management market size is expected to see strong growth in the next few years. It will grow to $7.92 billion in 2030 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to growing investments in smart port initiatives, rising demand for autonomous vessel coordination, expansion of digital maritime surveillance, increasing focus on emission monitoring in shipping lanes, integration of ai-driven traffic optimization. Major trends in the forecast period include increasing deployment of integrated vessel traffic systems, rising adoption of ais and real-time tracking solutions, growing focus on environmental monitoring capabilities, expansion of smart port traffic management, enhanced use of predictive navigation analytics.

The increase in maritime traffic is expected to drive the growth of the vessel traffic management market in the coming years. Maritime traffic includes commercial shipping activities between two or more ports or mooring locations, excluding recreational vessels, regular ferry services, coastal fishing, and inland waterway transport. As maritime traffic grows, there is a greater need for efficient systems to ensure the safety and security of vessels and port infrastructure. Vessel traffic management systems rely on advanced software solutions that integrate ship tracking technologies such as automatic identification systems (AIS), radar, and video surveillance into a single platform that can be monitored and controlled remotely. These systems support marine traffic coordination and infrastructure protection. For example, in September 2023, according to the Review of Maritime Transport 2023 published by the United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization, global maritime trade was projected to grow by 2.4% in 2023 and to exceed 2% annual growth from 2024 to 2028. Therefore, the rise in maritime traffic is expected to drive demand for vessel traffic management solutions.

Companies operating in the vessel traffic management market are focusing on developing advanced port management information systems to improve port efficiency and sustainability. A port management information system is an integrated software solution designed to support the planning, coordination, and management of port operations. For instance, in March 2023, AD Ports Group, a UAE-based provider of multimodal freight transportation, logistics, and related services, launched a vessel traffic management information system technology. This system integrates tools such as radar, closed-circuit television, radio communication, and meteorological systems to deliver real-time operational insights to port authorities. Enhanced vessel-to-vessel and vessel-to-shore communication enabled by this technology supports safe navigation, collision prevention, and efficient maritime operations, ultimately improving the safety, security, and overall efficiency of port activities.

In November 2025, S&P Global, a US-based provider of financial data, analytics, and intelligence solutions, acquired the Automatic Identification System business of ORBCOMM for an undisclosed amount. Through this acquisition, S&P Global aims to strengthen its maritime data and analytics offerings by incorporating real-time vessel tracking into its global trade and supply chain intelligence platforms. This integration is intended to enhance visibility and decision-making for customers across shipping, logistics, and commodities markets. ORBCOMM’s AIS business is a US-based provider of satellite-enabled vessel tracking services that monitor global ship movements and deliver critical data for maritime awareness, safety, and operational analysis.

Major companies operating in the vessel traffic management market are Kongsberg Gruppen ASA, Wartsila Corp, Thales Group, Leonardo SPA, Saab AB, Indra Sistemas SA, Rolta India Ltd., Tokyo Keiki Power System Inc., L3Harris Technologies, Signalis GmbH, Singapore Technologies Engineering Ltd., Marlan Maritime Technologies, Xanatos Marine Ltd., Vissim UK Ltd., Transas Ltd., Kelvin Hughes Limited, Frequentis AG, Lockheed Martin Corporation, Raytheon Company, Japan Radio Co. Ltd., Marimatech AS, MarineTraffic Ltd., Navis Holdings LLC, Pharos Marine Automatic Power Inc., Pole Star Space Applications Ltd., Prisma Electronics SA, Rutter Inc., SRT Marine Systems plc, Tidetech Commercial Marine Pty Ltd., VesselBot Pte. Ltd.

North America was the largest region in the vessel traffic management market in 2025. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the vessel traffic management market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vessel traffic management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The vessel traffic management market includes revenues earned by entities by providing services such as marine traffic monitoring, E-navigation, long-range identification and tracking, automated traffic systems thinking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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