The global Maritime Safety System Market is projected to grow at a CAGR of 9.6% during the forecast period, driven by factors such as the rising need to manage complex supply chain operations and increase sustainability across the marine industry, growing awareness about maritime safety, and adherence to regulatory compliances and standards. The market also presents opportunities for growth with the advent of innovative technologies and untapped regional markets. However, there are challenges such as stringent environmental regulations and compliance issues, lack of uniform standards, and rising criminal activities across the marine industry.
