Maritime Security Market Expected To Experience Attractive Growth Through 2028
December 27, 2022 ⚊ 1 Min read ⚊ Views 80 ⚊ BUSINESS
The maritime security market was estimated at US$ 25.3 Billion in 2021 and is expected to grow at a CAGR of 5.9% during 2022-2028 to reach US$ 35.7 Billion in 2028.
Global trade and the economy have both been severely impacted by the Covid-19 outbreak. Certain areas of the maritime industry have been touched, albeit to incredibly different degrees. This is due in part to the presence of specific activity types and the adaptability of individual firms and their disaster management plans. The COVID-19 pandemic is a dynamic phenomenon with significant effects on the transportation sector.
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