Global M2M Satellite Communication Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Satellite Telemetry, Very Small Aperture Terminal (VSAT), and Automatic Identification System (AIS).

By Communication Network Device;

Satellite IP Terminals, Satellite Modems, Gateways, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn337628562 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global M2M Satellite Communication Market (USD Million), 2021 - 2031

In the year 2024, the Global M2M Satellite Communication Market was valued at USD 9,355.63 million. The size of this market is expected to increase to USD 20,863.96 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.14%.

The global Machine-to-Machine (M2M) satellite communication market plays a pivotal role in connecting devices and systems across vast geographical areas where traditional communication infrastructure may be inadequate or unavailable. M2M satellite communication enables seamless data exchange between remote sensors, vehicles, and machinery, fostering efficient monitoring, control, and decision-making processes across various industries.

At its core, the M2M satellite communication market leverages satellite networks to transmit real-time data, enabling businesses to monitor assets, optimize logistics, and enhance operational efficiency on a global scale. This technology finds applications in sectors such as agriculture, transportation, energy, and environmental monitoring, where reliable connectivity and data integrity are paramount.

Key drivers fueling the growth of the global M2M satellite communication market include increasing demand for IoT (Internet of Things) applications, rising adoption of connected devices in remote locations, and advancements in satellite technology enhancing data transfer speeds and coverage. As these trends evolve, the market is poised to expand, offering new opportunities for satellite operators, service providers, and end-users seeking robust and resilient communication solutions worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Communication Network Device
    3. Market Snapshot, By Region
  4. Global M2M Satellite Communication Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. IoT Expansion
        2. Remote Monitoring Needs
        3. Government Initiatives
      2. Restraints
        1. High Costs
        2. Regulatory Challenges
        3. Spectrum Allocation
      3. Opportunities
        1. Vertical Integration
        2. New Satellite Technologies
        3. Smart City Initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global M2M Satellite Communication Market, By Technology, 2021 - 2031 (USD Million)
      1. Satellite Telemetry
      2. Very Small Aperture Terminal (VSAT)
      3. Automatic Identification System (AIS)
    2. Global M2M Satellite Communication Market, By Communication Network Device, 2021 - 2031 (USD Million)
      1. Satellite IP Terminals
      2. Satellite Modems
      3. Gateways
      4. Others
    3. Global M2M Satellite Communication Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Orbcomm, Inc.
      2. Inmarsat Communications, Inc.
      3. Iridium Communications, Inc.
      4. Globalstar, Inc.
      5. Kore Telematics
      6. Rogers Communications, Inc.
      7. Hughes Network System LLC
      8. Orange S.A
      9. Viasat
      10. Teliasonera AB
  7. Analyst Views
  8. Future Outlook of the Market