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M2M Satellite Communication-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global M2M Satellite Communication market size is expected to reach US$ 8401.1 million by 2029, growing at a CAGR of 8.9% from 2023 to 2029. The market is mainly driven by the significant applications of M2M Satellite Communication in various end use industries. The expanding demands from the Shipping, Energy, Government and Mining, are propelling M2M Satellite Communication market. Satellite Telemetry, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the VSAT segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for M2M Satellite Communication, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global M2M Satellite Communication market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global M2M Satellite Communication market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, M2M Satellite Communication sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of M2M Satellite Communication covered in this report include Orbcomm, Inmarsat Communications, Iridium Communications, Globalstar, Kore Telematics, Rogers Communications, Hughes Network System, Orange and Viasat, etc.
The global M2M Satellite Communication market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Orbcomm
Inmarsat Communications
Iridium Communications
Globalstar
Kore Telematics
Rogers Communications
Hughes Network System
Orange
Viasat
Teliasonera
Global M2M Satellite Communication market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global M2M Satellite Communication market, Segment by Type:
Satellite Telemetry
VSAT
AIS
Global M2M Satellite Communication market, by Application
Shipping
Energy
Government
Mining
Medical
Security
Agricultural
Retail
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of M2M Satellite Communication manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of M2M Satellite Communication in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global M2M Satellite Communication market size is expected to reach US$ 8401.1 million by 2029, growing at a CAGR of 8.9% from 2023 to 2029. The market is mainly driven by the significant applications of M2M Satellite Communication in various end use industries. The expanding demands from the Shipping, Energy, Government and Mining, are propelling M2M Satellite Communication market. Satellite Telemetry, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the VSAT segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for M2M Satellite Communication, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global M2M Satellite Communication market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global M2M Satellite Communication market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, M2M Satellite Communication sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of M2M Satellite Communication covered in this report include Orbcomm, Inmarsat Communications, Iridium Communications, Globalstar, Kore Telematics, Rogers Communications, Hughes Network System, Orange and Viasat, etc.
The global M2M Satellite Communication market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Orbcomm
Inmarsat Communications
Iridium Communications
Globalstar
Kore Telematics
Rogers Communications
Hughes Network System
Orange
Viasat
Teliasonera
Global M2M Satellite Communication market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global M2M Satellite Communication market, Segment by Type:
Satellite Telemetry
VSAT
AIS
Global M2M Satellite Communication market, by Application
Shipping
Energy
Government
Mining
Medical
Security
Agricultural
Retail
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of M2M Satellite Communication manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of M2M Satellite Communication in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 M2M Satellite Communication Market Overview
1.1 M2M Satellite Communication Product Overview
1.2 M2M Satellite Communication Market Segment by Type
1.2.1 Satellite Telemetry
1.2.2 VSAT
1.2.3 AIS
1.3 Global M2M Satellite Communication Market Size by Type
1.3.1 Global M2M Satellite Communication Market Size Overview by Type (2018-2029)
1.3.2 Global M2M Satellite Communication Historic Market Size Review by Type (2018-2023)
1.3.3 Global M2M Satellite Communication Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America M2M Satellite Communication Sales Breakdown by Type (2018-2023)
1.4.2 Europe M2M Satellite Communication Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific M2M Satellite Communication Sales Breakdown by Type (2018-2023)
1.4.4 Latin America M2M Satellite Communication Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa M2M Satellite Communication Sales Breakdown by Type (2018-2023)
2 Global M2M Satellite Communication Market Competition by Company
2.1 Global Top Players by M2M Satellite Communication Sales (2018-2023)
2.2 Global Top Players by M2M Satellite Communication Revenue (2018-2023)
2.3 Global Top Players by M2M Satellite Communication Price (2018-2023)
2.4 Global Top Manufacturers M2M Satellite Communication Manufacturing Base Distribution, Sales Area, Product Type
2.5 M2M Satellite Communication Market Competitive Situation and Trends
2.5.1 M2M Satellite Communication Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by M2M Satellite Communication Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in M2M Satellite Communication as of 2022)
2.7 Date of Key Manufacturers Enter into M2M Satellite Communication Market
2.8 Key Manufacturers M2M Satellite Communication Product Offered
2.9 Mergers & Acquisitions, Expansion
3 M2M Satellite Communication Status and Outlook by Region
3.1 Global M2M Satellite Communication Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global M2M Satellite Communication Historic Market Size by Region
3.2.1 Global M2M Satellite Communication Sales in Volume by Region (2018-2023)
3.2.2 Global M2M Satellite Communication Sales in Value by Region (2018-2023)
3.2.3 Global M2M Satellite Communication Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global M2M Satellite Communication Forecasted Market Size by Region
3.3.1 Global M2M Satellite Communication Sales in Volume by Region (2024-2029)
3.3.2 Global M2M Satellite Communication Sales in Value by Region (2024-2029)
3.3.3 Global M2M Satellite Communication Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global M2M Satellite Communication by Application
4.1 M2M Satellite Communication Market Segment by Application
4.1.1 Shipping
4.1.2 Energy
4.1.3 Government
4.1.4 Mining
4.1.5 Medical
4.1.6 Security
4.1.7 Agricultural
4.1.8 Retail
4.1.9 Other
4.2 Global M2M Satellite Communication Market Size by Application
4.2.1 Global M2M Satellite Communication Market Size Overview by Application (2018-2029)
4.2.2 Global M2M Satellite Communication Historic Market Size Review by Application (2018-2023)
4.2.3 Global M2M Satellite Communication Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America M2M Satellite Communication Sales Breakdown by Application (2018-2023)
4.3.2 Europe M2M Satellite Communication Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific M2M Satellite Communication Sales Breakdown by Application (2018-2023)
4.3.4 Latin America M2M Satellite Communication Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa M2M Satellite Communication Sales Breakdown by Application (2018-2023)
5 North America M2M Satellite Communication by Country
5.1 North America M2M Satellite Communication Historic Market Size by Country
5.1.1 North America M2M Satellite Communication Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America M2M Satellite Communication Sales in Volume by Country (2018-2023)
5.1.3 North America M2M Satellite Communication Sales in Value by Country (2018-2023)
5.2 North America M2M Satellite Communication Forecasted Market Size by Country
5.2.1 North America M2M Satellite Communication Sales in Volume by Country (2024-2029)
5.2.2 North America M2M Satellite Communication Sales in Value by Country (2024-2029)
6 Europe M2M Satellite Communication by Country
6.1 Europe M2M Satellite Communication Historic Market Size by Country
6.1.1 Europe M2M Satellite Communication Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe M2M Satellite Communication Sales in Volume by Country (2018-2023)
6.1.3 Europe M2M Satellite Communication Sales in Value by Country (2018-2023)
6.2 Europe M2M Satellite Communication Forecasted Market Size by Country
6.2.1 Europe M2M Satellite Communication Sales in Volume by Country (2024-2029)
6.2.2 Europe M2M Satellite Communication Sales in Value by Country (2024-2029)
7 Asia-Pacific M2M Satellite Communication by Region
7.1 Asia-Pacific M2M Satellite Communication Historic Market Size by Region
7.1.1 Asia-Pacific M2M Satellite Communication Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific M2M Satellite Communication Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific M2M Satellite Communication Sales in Value by Region (2018-2023)
7.2 Asia-Pacific M2M Satellite Communication Forecasted Market Size by Region
7.2.1 Asia-Pacific M2M Satellite Communication Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific M2M Satellite Communication Sales in Value by Region (2024-2029)
8 Latin America M2M Satellite Communication by Country
8.1 Latin America M2M Satellite Communication Historic Market Size by Country
8.1.1 Latin America M2M Satellite Communication Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America M2M Satellite Communication Sales in Volume by Country (2018-2023)
8.1.3 Latin America M2M Satellite Communication Sales in Value by Country (2018-2023)
8.2 Latin America M2M Satellite Communication Forecasted Market Size by Country
8.2.1 Latin America M2M Satellite Communication Sales in Volume by Country (2024-2029)
8.2.2 Latin America M2M Satellite Communication Sales in Value by Country (2024-2029)
9 Middle East and Africa M2M Satellite Communication by Country
9.1 Middle East and Africa M2M Satellite Communication Historic Market Size by Country
9.1.1 Middle East and Africa M2M Satellite Communication Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa M2M Satellite Communication Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa M2M Satellite Communication Sales in Value by Country (2018-2023)
9.2 Middle East and Africa M2M Satellite Communication Forecasted Market Size by Country
9.2.1 Middle East and Africa M2M Satellite Communication Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa M2M Satellite Communication Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Orbcomm
10.1.1 Orbcomm Company Information
10.1.2 Orbcomm Introduction and Business Overview
10.1.3 Orbcomm M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Orbcomm M2M Satellite Communication Products Offered
10.1.5 Orbcomm Recent Development
10.2 Inmarsat Communications
10.2.1 Inmarsat Communications Company Information
10.2.2 Inmarsat Communications Introduction and Business Overview
10.2.3 Inmarsat Communications M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Inmarsat Communications M2M Satellite Communication Products Offered
10.2.5 Inmarsat Communications Recent Development
10.3 Iridium Communications
10.3.1 Iridium Communications Company Information
10.3.2 Iridium Communications Introduction and Business Overview
10.3.3 Iridium Communications M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Iridium Communications M2M Satellite Communication Products Offered
10.3.5 Iridium Communications Recent Development
10.4 Globalstar
10.4.1 Globalstar Company Information
10.4.2 Globalstar Introduction and Business Overview
10.4.3 Globalstar M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Globalstar M2M Satellite Communication Products Offered
10.4.5 Globalstar Recent Development
10.5 Kore Telematics
10.5.1 Kore Telematics Company Information
10.5.2 Kore Telematics Introduction and Business Overview
10.5.3 Kore Telematics M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kore Telematics M2M Satellite Communication Products Offered
10.5.5 Kore Telematics Recent Development
10.6 Rogers Communications
10.6.1 Rogers Communications Company Information
10.6.2 Rogers Communications Introduction and Business Overview
10.6.3 Rogers Communications M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Rogers Communications M2M Satellite Communication Products Offered
10.6.5 Rogers Communications Recent Development
10.7 Hughes Network System
10.7.1 Hughes Network System Company Information
10.7.2 Hughes Network System Introduction and Business Overview
10.7.3 Hughes Network System M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hughes Network System M2M Satellite Communication Products Offered
10.7.5 Hughes Network System Recent Development
10.8 Orange
10.8.1 Orange Company Information
10.8.2 Orange Introduction and Business Overview
10.8.3 Orange M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Orange M2M Satellite Communication Products Offered
10.8.5 Orange Recent Development
10.9 Viasat
10.9.1 Viasat Company Information
10.9.2 Viasat Introduction and Business Overview
10.9.3 Viasat M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Viasat M2M Satellite Communication Products Offered
10.9.5 Viasat Recent Development
10.10 Teliasonera
10.10.1 Teliasonera Company Information
10.10.2 Teliasonera Introduction and Business Overview
10.10.3 Teliasonera M2M Satellite Communication Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Teliasonera M2M Satellite Communication Products Offered
10.10.5 Teliasonera Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 M2M Satellite Communication Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 M2M Satellite Communication Industrial Chain Analysis
11.4 M2M Satellite Communication Market Dynamics
11.4.1 M2M Satellite Communication Industry Trends
11.4.2 M2M Satellite Communication Market Drivers
11.4.3 M2M Satellite Communication Market Challenges
11.4.4 M2M Satellite Communication Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 M2M Satellite Communication Distributors
12.3 M2M Satellite Communication Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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