_x000D_
M2M Satellite Communication Market Size And Forecast
_x000D_
M2M Satellite Communication Market size was valued at USD 7.48 Billion in 2024 and is projected to reach USD 17.21 Billion by 2031, growing at a CAGR of 12.12% from 2024 to 2031.
_x000D_
M2M Satellite Communication Market is predominantly driven by, innovations of application-based systems, growing demand for enriched data communication, rising adoption of cloud-based solutions, and integration of network management systems. The Global M2M Satellite Communication Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
_x000D_
_x000D_
_x000D_
_x000D_
Global M2M Satellite Communication Market Definition
_x000D_
Machine to machine or M2M satellite communication is defined as the communication of data from remote locations that are transmitted through satellite networks and then delivered to the user, who is then able to respond to the information received. M2M satellite communication can aid in the communication between remote assets. The service uses the sensor network and is highly reliable and cost-efficient while at the same time having ubiquitous coverage.
_x000D_
What’s inside a
industry report?
_x000D_
_x000D_
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals._x000D_
_x000D_
download sample – Please Email- avni@agninews.co.in_x000D_
_x000D_
_x000D_
_x000D_
_x000D_
_x000D_
_x000D_
_x000D_
>>> Ask For Discount @ – https://www.marketresearch.com/ask-for-discount/?rid=2404
_x000D_
Global M2M Satellite Communication Market Overview
_x000D_
Machine to Machine or M2M satellite communication is the transmission of data from remote locations to users via satellite networks. The user is able to respond to the information being transferred. Advancement in technology such as vehicle tracking, fleet management, asset monitoring is fueling the growth of the M2M Satellite Communication Market.
_x000D_
With changing technological scenarios, for smooth business operation and o gain more profit enterprises are demanding advanced communication solutions. In some parts of the world, the problem of poor networks is hampering the growth of business thus; increase in usage of M2M satellite communication is used by those business organizations for market expansion and penetration. Furthermore, the demand for advanced communication solutions from consumers is driving the market growth. Also, the low-cost requirement for integration in existing M2M satellite communication services is accreting market demand.
_x000D_
Moreover, the introduction of customized solutions designed for various industries such as telematics and automotive are led to an increase in the usage of M2M satellite communication. In the current scenario, progressive technological advancement in agricultural, logistic tracking, remote monitoring, in the security sector is driving the market during the forecast period. On the contrary, lack of awareness and lack of infrastructure is restricting market growth of M2M satellite communication.
_x000D_
Global M2M Satellite Communication Market Segmentation Analysis
_x000D_
The Global M2M Satellite Communication Market is segmented On the basis of Network Devices, Service, Vertical, Technology, And Geography.
_x000D_
_x000D_
M2M Satellite Communication Market, By Network Devices
_x000D_
• Gateways
_x000D_
• Satellite IP Terminals
_x000D_
• Satellite Modems
_x000D_
• Others
_x000D_
_x000D_
Based on Network Devices, The market is classified into is classified as Gateways, Satellite IP Terminals, Satellite Modems, and Others. These entire network devices are used to transfer information to the end-user, among these Satellite IP terminals are considered to be a prominent player in the market.
_x000D_
M2M Satellite Communication Market, By Service
_x000D_
• Business Service
_x000D_
• Data Service
_x000D_
• Managed Service
_x000D_
• Voice Service
_x000D_
• Others
_x000D_
Based on Service, The market is classified into Business Service, Data Service, Managed Service, Voice Service, and Others. business services is considered as a key player in the field of M2M Satellite Communication Market as business services are stretched from implementation to training coupled with consulting.
_x000D_
M2M Satellite Communication Market, By Vertical
_x000D_
• Agriculture
_x000D_
• Transport and Logistics
_x000D_
• Maritime
_x000D_
• Retail
_x000D_
• Security and Surveillance
_x000D_
• Oil and Gas
_x000D_
• Government
_x000D_
• Healthcare
_x000D_
• Others
_x000D_
Based on Vertical, The market is classified into Agriculture, Transport and Logistics, Maritime, Retail, Security and Surveillance, Oil and Gas, Government, Healthcare, and Others. Among all these verticals transport and logistics is expected to hold largest market share because of high revenue generation from this sector during the forecast period.
_x000D_
M2M Satellite Communication Market, By Technology
_x000D_
• VSAT
_x000D_
• AIS
_x000D_
• Satellite Telemetry
_x000D_
Based on Technology, The market is classified into VSAT, AIS, and Satellite Telemetry. Satellite telemetry is the wireless transmission of a sensor. A very small aperture terminal (VSAT) is a communication system used to serve business users and homes. An automatic identification system (AIS) is used as an automatic tracking system commonly used by marine radar.
_x000D_
M2M Satellite Communication Market, By Geography
_x000D_
• North America
_x000D_
• Europe
_x000D_
• Asia Pacific
_x000D_
• Rest of the world
_x000D_
_x000D_
On the basis of Regional Analysis, The Global M2M Satellite Communication Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America whereas Europe and Asia-Pacific are expected to grow at higher CAGR during the forecast period.
_x000D_
Key Players
_x000D_
The “Global M2M Satellite Communication Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Teliasonera AB, Orbcomm, Inc., Viasat, Inmarsat Communications, Inc., Orange S.A., Iridium Communications, Inc., Hughes Network System LLC, Globalstar, Inc., Rogers Communications, Inc, Kore Telematics.
_x000D_
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
_x000D_
Report Scope
_x000D_
Report Attributes | Details |
---|---|
STUDY PERIOD |
2021-2031 _x000D_ |
BASE YEAR |
2024 _x000D_ |
FORECAST PERIOD |
2024-2031 _x000D_ |
HISTORICAL PERIOD |
2021-2023 _x000D_ |
UNIT |
Value (USD Billion) _x000D_ |
KEY COMPANIES PROFILED |
Teliasonera AB, Orbcomm, Inc., Viasat, Inmarsat Communications, Inc., Orange S.A., Iridium Communications, Inc., Hughes Network System LLC _x000D_ |
SEGMENTS COVERED |
By Network Devices, By Service, By Vertical, By Technology, And By Geography _x000D_ |
CUSTOMIZATION SCOPE |
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope _x000D_ |
_x000D_
Research Methodology of Market Research
_x000D_
_x000D_
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Market Research.
_x000D_
Reasons to Purchase this Report
_x000D_
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
_x000D_
• Provision of market value (USD Billion) data for each segment and sub-segment
_x000D_
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
_x000D_
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
_x000D_
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
_x000D_
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
_x000D_
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
_x000D_
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
_x000D_
• Provides insight into the market through Value Chain
_x000D_
• Market dynamics scenario, along with growth opportunities of the market in the years to come
_x000D_
• 6-month post sales analyst support
_x000D_
Customization of the Report
_x000D_
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
_x000D_
Frequently Asked Questions
_x000D_
_x000D_
_x000D_
What is the projected market size & growth rate of the M2M Satellite Communication Market? _x000D_
_x000D_
_x000D_
_x000D_
M2M Satellite Communication Market was valued at USD 7.48 Billion in 2024 and is projected to reach USD 17.21 Billion by 2031, growing at a CAGR of 12.12% from 2024 to 2031. _x000D_
_x000D_
_x000D_
_x000D_
_x000D_
_x000D_
_x000D_
_x000D_
What are the key driving factors for the growth of the M2M Satellite Communication Market? _x000D_
_x000D_
_x000D_
_x000D_
M2M Satellite Communication Market is predominantly driven by, innovations of application-based systems, growing demand for enriched data communication, rising adoption of cloud-based solutions, and integration of network management systems._x000D_
_x000D_
_x000D_
_x000D_
_x000D_