Global M2M Satellite Communication Market Growth 2023-2029

Global M2M Satellite Communication Market Growth 2023-2029

M2M satellite communication solutions are being expansively used for telemetry, remote monitoring, logistical tracking, safety, and scientific monitoring, across diverse verticals such as maritime, aviation, and agriculture among others.

LPI (LP Information)' newest research report, the “M2M Satellite Communication Industry Forecast” looks at past sales and reviews total world M2M Satellite Communication sales in 2022, providing a comprehensive analysis by region and market sector of projected M2M Satellite Communication sales for 2023 through 2029. With M2M Satellite Communication sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world M2M Satellite Communication industry.

This Insight Report provides a comprehensive analysis of the global M2M Satellite Communication landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on M2M Satellite Communication portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global M2M Satellite Communication market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for M2M Satellite Communication and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global M2M Satellite Communication.

The global M2M Satellite Communication market size is projected to grow from US$ 4393.8 million in 2022 to US$ 8152.8 million in 2029; it is expected to grow at a CAGR of 8152.8 from 2023 to 2029.

The major driving force for the M2M satellite communications market is the growing need for enriched data communication.

This report presents a comprehensive overview, market shares, and growth opportunities of M2M Satellite Communication market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Satellite Telemetry
VSAT
AIS

Segmentation by application
Shipping
Energy
Government
Mining
Medical
Security
Agricultural
Retail
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Orbcomm
Inmarsat Communications
Iridium Communications
Globalstar
Kore Telematics
Rogers Communications
Hughes Network System
Orange
Viasat
Teliasonera

Key Questions Addressed in this Report

What is the 10-year outlook for the global M2M Satellite Communication market?

What factors are driving M2M Satellite Communication market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do M2M Satellite Communication market opportunities vary by end market size?

How does M2M Satellite Communication break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.