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Boat Monitoring Market Size to Reach USD 1,534.43 Million by 2032 | Straits Research
8 months ago
4
Technology
Boat Monitoring Market
Boat Monitoring
Maritime Safety
GPS Tracking
IoT in Boating
Boat Security Systems
Market Growth
Straits Research
The global Boat Monitoring Market was valued at USD 542.34 million in 2023 and is projected to grow from USD 608.77 million in 2024 to USD 1,534.43 million by 2032, at a compound annual growth rate (CAGR) of 12.25% during the forecast period (2024–2032). This robust growth is driven by the increasing demand for advanced monitoring systems to enhance the safety, security, and operational efficiency of boats and yachts.
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