The rapid advancement of technology has significantly improved the methods of monitoring and tracking the ships in the recent past. The fast-developing satellite services have enabled the ship tracking across the globe easier now and thus ensuring the safety of vessels from various threats.
With the help of satellite-based vessel monitoring systems (VMS), different types of vessels have been monitoring efficiently by marine agencies and vessel owners for a long period. The automatic identification system (AIS) helps track bigger vessels crossing waters across the world by offering real-time information about the vessels.
The topmost priority for geographies across the world, has witnessed a steep rise in the demand for AToN management & monitoring system, especially in Asia Pacific. Rising demand for the Automatic Identification System (AIS) in this region, besides the coastal scrutiny systems have further resulted in the proliferated growth of this market, which is anticipated to be valued at the US$ 2,404.3Mn through 2026.