The global VHF Data Exchange System (VDES) market size accounted for USD 1,841 million in 2024 and is predicted to touch around USD 4,201 million by 2034, growing at a CAGR of 8.6% from 2024 to 2034.
The VHF data exchange system market is an emerging industry, particularly in marine communication such as ship-to-shore, ship-to-ship, and ship-to-satellite. This system is seen as efficient and effective in the radio spectrum. The increasing use of internet of things (IoT) technology in maritime communication is the key factor driving the growth of the market.VHF data exchange systems (VDES) gaining prominence because of their benefits such as enhanced message reliability and rapid data transmission speed. This innovative communication system is specifically created for maritime applications.
Innovations in satellite communications technology including low-earth orbit satellites and small satellites, will impact market growth positively. Furthermore, the launch of 5G communication technology, to enhance the speed of marine communications along with the development of encryption algorithms to enhance communication safety is ready to present future opportunities for the VHF data exchange system market soon.
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| Stats ID: | 7690 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7690 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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