M2M Satellite Communication Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global M2M Satellite Communication Market was valued at USD 3.83 billion in 2019 and is projected to reach USD 10.74 billion by 2027, growing at a CAGR of 12% from 2021 to 2027.

Machine to Machine (M2M) or M2M satellite communication is defined as the communication of data at a remote location that is transmitted over a satellite network and then delivered to a user who can respond to the information received. M2M satellite communication can support communication between remote assets. This service uses a sensor network, is very reliable, cost-effective, and provides ubiquitous coverage at the same time.

M2M Satellite Communication Market Key Segments:

By Technology

• Automatic Identification System
• Satellites Telemetry
• Others

By Industry Vertical

• Retail
• Healthcare
• Government and Public Sector
• Agriculture
• Automotive
• Others

By Service

• Data Services
• Voice Services
• Others

MARKET PLAYERS

• Globalstar, Inc.
• Hughes Network System LLC
• Inmarsat Communications, Inc.
• Iridium Communications, Inc.
• Kore Telematics
• Orange S.A.
• Orbcomm, Inc.
• Rogers Communications, Inc.

Scope of the Report

The research study analyzes the global M2M Satellite Communication industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by M2M Satellite Communication Market Report

1. What was the M2M Satellite Communication Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of M2M Satellite Communication Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the M2M Satellite Communication Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.