Maritime Security Services Market Report 2025

The maritime security services market size has grown strongly in recent years. It will grow from $25.02 billion in 2024 to $26.77 billion in 2025 at a compound annual growth rate (CAGR) of 7%. The expansion in the historical period was driven by heightened efforts to protect assets, increased need for maritime intelligence and monitoring, escalated geopolitical unrest impacting trade routes, enhancements in global port infrastructure, and the proliferation of unmanned and autonomous maritime vessels.

The maritime security services market size is expected to see strong growth in the next few years. It will grow to $34.6 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. Key factors projected to fuel growth include escalating cyber risks targeting maritime infrastructure, an upswing in international maritime trade, rising implementation of digital solutions in the shipping sector, growing emphasis on data security within maritime operations, and a notable increase in piracy and vessel hijacking events. Prominent trends during the forecast period include the development of sophisticated cybersecurity solutions, the integration of AI and machine learning into maritime security systems, increased deployment of IoT devices in naval operations, advancements in satellite and drone surveillance technologies, and the emerging use of blockchain for secure maritime communications and transactions.

The rising water threats are anticipated to drive the growth of the maritime security services market in the coming years. Water threats refer to dangers that arise in or impact aquatic environments, potentially disrupting safety, operations, or ecosystems in both maritime and inland water settings. These threats are increasing due to climate change, which disturbs natural water cycles, intensifies droughts and floods, and changes precipitation patterns, ultimately reducing freshwater availability and contributing to more frequent water-related crises. Maritime security services are well-positioned to address these issues by improving monitoring and rapid response capabilities, enabling early detection and effective management of risks such as unauthorized access, environmental hazards, and illegal activities in aquatic environments. For example, in January 2024, the International Maritime Bureau, a UK-based non-profit organization, reported that global maritime piracy and armed robbery incidents rose to 120 in 2023, up from 115 in 2022. As a result, the growing water threats are expected to boost the demand for maritime security services.

Leading companies in the maritime security services market are developing advanced solutions such as 24/7 security operations centers (SOC) to deliver real-time monitoring and threat response. A 24/7 SOC is a centralized facility that continuously observes, analyzes, and responds to security threats in real-time to protect maritime operations and assets. In April 2024, Subrosa Group, a UK-based security and risk management company, launched a new division called SRG Maritime Security. This division provides specialized security services and armed protection for private vessels, offshore platforms, and commercial ships around the world. SRG MarSec offers armed protection teams for ships operating in high-risk areas or during extended offshore missions. In addition to onboard security, they deliver video monitoring, safe room or citadel design, and ICT security services. The company also supports hostage negotiation, kidnapping and ransom consulting, and provides continuous assistance through a company security officer. A dedicated Security Operations Center is available 24/7 to support all these services and ensure comprehensive security management.

In September 2024, DNV, a Norway-based provider of cybersecurity services, acquired CyberOwl for an undisclosed amount. This acquisition strengthens DNV’s maritime cybersecurity and emergency response capabilities. CyberOwl, based in the UK, specializes in maritime security services, including cybersecurity solutions for maritime assets.

Major players in the maritime security services market are Constellis, Trident Ltd., ASA Security Ltd., Solace Global Ltd., ESPADA Logistics Security Group, Hudson Analytix Inc., EOS Risk Group Ltd., Saildrone Inc., Castor Vali Ltd., Alphard Maritime, Seagull Maritime Security, Hart Maritime, Sea Marshals Ltd., Sovereign Global, Bastion International, Ambrey, Maritime and Underwater Security Consultants (MUSC), MAST Security Technologies, Securewest Ltd., ARGONAUTIS MARITIME SERVICES LTD, XPressGuards, Burnley Marine Services.

North America was the largest region in the maritime security services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in maritime security services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the maritime security services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the information technology sector, particularly in hardware manufacturing, data infrastructure, and software deployment. Higher duties on imported semiconductors, circuit boards, and networking equipment have raised production and operational costs for tech firms, cloud service providers, and data centers. Companies relying on globally sourced components for laptops, servers, and consumer electronics are facing longer lead times and increased pricing pressures. In parallel, tariffs on specialized software tools and retaliatory measures from key international markets have disrupted global IT supply chains and reduced overseas demand for U.S.-developed technologies. To navigate these challenges, the sector is accelerating investments in domestic chip fabrication, diversifying supplier bases, and adopting AI-driven automation to enhance operational resilience and cost efficiency.

Maritime security services involve a variety of strategic and operational actions aimed at preserving the safety, stability, and lawful use of marine domains. These services are essential for protecting territorial waters, ensuring uninterrupted maritime activities, and supporting the enforcement of global maritime laws and regulations.

The primary categories of maritime security services include ship security and port security. Port security focuses on safeguarding port facilities, infrastructure, and vessels from risks such as piracy, terrorism, smuggling, and trafficking. It utilizes a range of advanced technologies, including integrated ship security systems, satellite monitoring, drone surveillance, incident reporting software, and access control mechanisms. These systems address multiple threats, such as piracy and robbery, terrorism, cyber risks, environmental hazards, and smuggling. The services are utilized by various stakeholders, including government and defense entities, port authorities, commercial shipping companies, the oil and gas sector, and those involved in fishing and maritime logistics.

The maritime security services market research report is one of a series of new reports that provides maritime security services market statistics, including maritime security services industry global market size, regional shares, competitors with a maritime security services market share, detailed maritime security services market segments, market trends and opportunities, and any further data you may need to thrive in the maritime security services industry. This maritime security services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The maritime security services market consists of revenues earned by entities by providing services such as vessel protection, surveillance and monitoring, maritime risk assessment, and maritime intelligence services. The market value includes the value of related goods sold by the service provider or included within the service offering. The maritime security services market also includes sales of access control equipment, alarm and intrusion detection systems, communication devices, and protective barriers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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