Marine E-logs Software Market Envisions USD 245.63 Million by 2032, With a 7.8% CAGR | PMR [Yahoo! Finance]
WARTSILA CORP UNSP/ADR (WRTBY)
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Source: Yahoo! Finance
The market size of marine e-logs software market size was evaluated to be at USD 125.05 million in 2023. It is projected to flourish and grow from USD 134.44 million in 2024 to USD 245.63 million by 2032, displaying a CAGR of 7.8% during the forecast period of 2024-2032. What is Marine E-log Software? Marine e-logs software, also called electronic logbooks or e-logbooks, is a type of tool that is made to automate and simplify the process of recording data and maritime activities on board ships and other vessels. A versatile and dynamic tool, eLogbook is built to work with different kinds of ships and operations. It is also simple to add and configure for vessels in addition to the standard library of events, ship-specific events, and company-specific events. These software programs use digital interfaces that are accessible through computers, tablets, and smartphones to replace traditional paper logbooks. One of the main and important characteristics of e-logbooks is the fact t
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