The maritime industry is undergoing a significant transformation with the emergence of artificial intelligence (AI) as a key player. Key exhibitors at the upcoming Posidonia Shipping Exhibition are highlighting the growing importance of AI in the industry. Demand for space from technology and innovation companies serving the shipping sector has increased for the upcoming event, indicating a shift towards embracing AI.
A report titled ‘Out of the Box’ by Lloyd’s Register and Thetius predicts that the market for AI-driven systems and vessel autonomy in the maritime sector will reach a value of $5 billion by 2028. The report emphasizes the need for proactive investment by maritime organizations in understanding AI and recommends focusing on workforce education and training to enhance awareness of safety measures and regulations related to advanced technologies.
Industry players like Emmis Marine and Captain Nemo are recognizing the potential of AI in addressing current challenges and driving innovation in the maritime sector. Companies are actively incorporating AI into their research and development processes to stay ahead in the technologically advanced industry. The emphasis on data analysis and project development reflects a strategic approach to leveraging AI to streamline processes and meet the evolving needs of the maritime industry.
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