M2M Satellite Communication Market: By Technologies (Satellite Telemetry, VSAT, AIS), By New Devices( Satellite IP Terminals, Satellite Modems, Gateways, Others), By Services(Managed Service, Data Service, Voice Service, Business Service, Other Service), By End User(Government and Public sector, Transportation and logistics, Security and Surveillance and Others) and Geography  

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M2M Satellite Communication Market size was valued at USD 3,359 billion in 2022 and is poised to grow at a significant CAGR of 9.4% from 2023-2029. It has been estimated with a significant growth with the help of key drivers such as enriched data communication and expansive applications. The factors which may hamper the growth of the global market it is lack of infrastructural facilities and lack of awareness among users. Owing to the low cost of these solutions many industrial sectors like maritime and aviation lubricants adopted which provide an intense opportunity to boost the global market. This report gives a comprehensive outlook on the global market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report gives historical, current, and future market sizes on the basis of service, device type, technology, end user and region. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global M2M satellite communication market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global M2M satellite communication market.

M2m Satellite Communication Market Summary

Study Period


Base Year




Largest Market

North America

Fastest Growing Market

Drivers And Restraints

It is noticed that the global M2M satellite communication market has a significant market growth rate on the evaluation of adoption of advanced technology. Increasing demand for solutions that can help in asset monitoring and vehicle tracking, management in unidentified areas to increase their productivity is done with the help of global M2M satellite communication. providing connectivity solutions to people working in remote location is more advanced part. Telemetry include meteorology, flight testing, military intelligence, communications, and one of the most important applications, health care possible through technology which boost the global market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market and forecast.
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

M2m Satellite Communication Market Segmentation

By Technologies
  • Satellite Telemetry
  • VSAT
  • AIS
By Devices
  • Satellite IP Terminals
  • Satellite Modems
  • Gateways
  • Others
By Services
  • Managed Service
  • Data Service
  • Voice Service
  • Business Service
  • Other Service
By End User
  • Government and Public sector
  • Transportation and logistics
  • Security and Surveillance
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Frequently Asked Questions

The key segments covered in the M2M Satellite Communication Market are technology, components, application, and end-users.

The M2M Satellite Communication Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The M2M Satellite Communication Market key players are ORBCOMM, Inmarsat, Iridium, Globalstar, ViaSat, Teliasonera, Kore Telematics, Hughes Network Systems, Roger Communications, Orange

  • Inmarsat
  • Iridium
  • Globalstar
  • ViaSat
  • Teliasonera
  • Kore Telematics
  • Hughes Network Systems
  • Roger Communications
  • Orange