Satellite M2M and IoT Network Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The growing demand for fast and flexible wireless communication across the globe is boosting the satellite M2M and IoT network market growth. The increasing adoption of M2M and IoT technology by various industry verticals are also positively impacting on the growth of the satellite M2M and IoT network market. Moreover, the growing information and communication technology infrastructure and a growing need for enriched communication networks are influencing the growth of the satellite M2M and IoT network market.

MARKET DYNAMICS

The growing need for high-speed and secure wireless communication coupled with the rising demand for higher flexibility at low cost are some of the key factors that drive the satellite M2M and IoT network market growth. Rising need to reduce communication problem and to improve network bandwidth has resulted in the growing demand for satellite M2M and IoT network that triggers the growth of the market. Furthermore, continuously increasing demand for wireless communication from transportation and logistics, government and military, aerospace, and heavy industries are expected to fuels the growth of satellite M2M and IoT network market growth during the forecast period.

MARKET SCOPE

The "Global Satellite M2M and IoT Network Market Analysis to 2031" is a specialized and in-depth study of the Satellite M2M and IoT network industry with a special focus on the global market trend analysis. The report aims to provide an overview satellite M2M and IoT network market with detailed market segmentation by frequency band, end-user, and geography. The global Satellite M2M and IoT network market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading satellite M2M and IoT network market players and offers key trends and opportunities in the satellite M2M and IoT network market.

MARKET SEGMENTATION

The global satellite M2M and IoT network market is segmented on the basis of frequency band, end-user. On the basis frequency band the market is segmented as L-band, Ku- and Ka- band, others. On the basis end-user the market is segmented as government and defense, transportation and logistics, aerospace, heavy industries, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Satellite M2M and IoT network market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Satellite M2M and IoT network market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting satellite M2M and IoT network market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the satellite M2M and IoT network market in these regions.

Satellite M2M and IoT Network Market Report Analysis

Satellite M2M and IoT Network Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Eutelsat Communications SA
• Globalstar, Inc.
• Inmarsat Global Limited
• Iridium Communications Inc.
• KORE Wireless Group
• OHB SE
• ORBCOMM Inc.
• Thales Group
• Viasat Inc.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Frequency Band

• L-Band
• Ku- and Ka- Band

By End-user

• Government and Defense
• Transportation and Logistics
• Aerospace
• Heavy Industries

MARKET PLAYERS

The reports cover key developments in the satellite M2M and IoT network market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from satellite M2M and IoT network market are anticipated to lucrative growth opportunities in the future with the rising demand for satellite M2M and IoT network in the global market. Below mentioned is the list of few companies engaged in the satellite M2M and IoT network market.

The report also includes the profiles of key satellite M2M and IoT network companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Eutelsat Communications SA
  
•  Globalstar, Inc.
  
•  Inmarsat Global Limited
  
•  Iridium Communications Inc.
  
•  KORE Wireless Group
  
•  OHB SE
  
•  ORBCOMM Inc.
  
•  Thales Group
  
•  Viasat Inc.
  
•  Vodafone Limited
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Satellite M2M and IoT Network Market Report Scope