The global Satellite M2M and IoT Network market has witnessed significant growth from USD million to USD million between 2017 and 2022, and it is estimated to reach USD million by 2029 with a steady CAGR. The market is segmented based on end-user industry, type, and geography.
The end-user industries for Satellite M2M and IoT Network include transportation and logistics, government and military, aviation, natural resources, heavy industries, and others. The market is further segmented by type into L-Band, Ku-Band and Ka-Band, and others. Geographically, the market is divided into Asia-Pacific, North America, Europe, South America, and the Middle East and Africa.
The report provides high-class data, vital statistics, trends, and a competitive landscape overview of the global Satellite M2M and IoT Network market. It also includes country-specific data and analysis for regions such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.
The report analyzes the potential of the Satellite M2M and IoT Network market by type, disruption, application capacity, end-use industry, drivers, restraints, and current trends. It also offers a forecast for the industry, along with information related to key drivers, restraints, and opportunities.
Technological innovation and advancement are expected to optimize the performance of Satellite M2M and IoT Network products and expand their applications. The report takes into account the impact of COVID-19 and the Russia-Ukraine war on the market, including supply chain disruptions and changes in raw material prices.
The global Satellite M2M and IoT Network market is expected to grow at a considerable rate during the forecast period. The market is driven by increasing use of and adoption of strategies by key players. The report provides a detailed evaluation of market dynamics, including drivers, restraints, opportunities, and threats.
The competitive analysis in the report includes both global leading companies and regional small and medium-sized companies that play significant roles in the industry. The key players in the Satellite M2M and IoT Network market include Thuraya Telecommunications Company, Airbus S.A.S., Thales Group, Inmarsat plc., Al Yah Satellite Communication Company PJSC (Yahsat), Iridium Communications Inc., Eutelsat S.A., Ligado Networks, hiSky Ltd., Intelsat, KORE Wireless Group, Inc., Space Systems/Loral, LLC, Space Exploration Technologies Corp. (SpaceX), ORBCOMM Inc., OHB SE, Globalstar, Inc., Helios Wire Corporation, The Boeing Company, Sky and Space Global Ltd., Gomspace A/S, Vodafone Limited., Astrocast SA, SatixFy Israel Ltd., and Hispasat, S.A.