Digital Shipyard Market Worth $5.5 Billion by 2030
The Digital Shipyard Market is projected to grow from USD 1.3 billion in 2022 to USD 5.5 billion by 2030, at a CAGR of 19.1% during the forecast period, according to a new report by MarketsandMarkets™. The need for shipbuilders to meet reduced lifecycle costs, pursue better investment strategies, streamline the shipbuilding process, and reduce overhead costs have motivated shipbuilders to invest in digital shipyard solutions. This is one of the main factors driving the growth of the market.
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