Specifications include, but are not limited to: Task 1 (to be completed by January 25, 2024) - An initial market analysis of the global ocean technology sector, with product-specific segment analysis and focus on undersea robotics, autonomous vehicles, sensors, advanced materials, AI/ML and data mapping. - Identification of key industry drivers, challenges, opportunities, trends and threats in the global undersea and related technology market. - Identification of market gaps/opportunities; including an analysis of global use cases. - An initial assessment of opportunities for the southeastern New England region specifically on the undersea robotics and sensors, AI/ML and advanced material technology with recommendations on prioritization of specific segments. Task 2 (to be completed by August 31, 2024) - Detailed buying and production trends, and identification of any environmental, social and legal implications that influence this. - Outline of leading businesses, products and services in the ocean technology sector globally, including their product ranges, pricing strategies and strategic initiatives where possible. - Tracking of investments in ocean technology and forecast of continued investments or decline in investments. - Identification of risks to market entry, including regulatory environments, market saturation, and/or political dynamics. - Competitive analysis of other ocean tech-forward regions globally. - A final assessment of opportunities for the OTH region (Providence-Warwick MSA) in capturing the overall ocean technology market, with recommendations on prioritization of segments.
