By Frequency Band (L-Band, S-Band, Ku- and Ka -Band, Others), By End-User (Aviation, Heavy Industries, Transportation and Logistics, Natural Resources, Government and Military, Others (Banks, Smart Ci... ... ers (Banks, Smart Cities, Connected Cars, etc.)), By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa), By Country (US, Canada, Mexico, Brazil, Argentina, UK, Germany, France, Italy, Spain, Russia, Switzerland, China, Japan, South Korea, India, UAE, South Africa), By Company (Airbus S.A.S., Gomspace A/S, Helios Wire Corporation, Globalstar, Inc., ORBCOMM Inc., Eutelsat S.A., OHB SE, Inmarsat plc., Intelsat Corporation, The Boeing Company, KORE Wireless Group, Inc., Vodafone Limited, Thales Group, Iridium Communications Inc., Space Exploration Technologies Corp. (SpaceX) etc.) Read more
- Aerospace & Defense
- Dec 2021
- 232
- PDF, Excel, PPT
Market Definition
Satellite-based communication has been undergoing rapid innovations. With the growing need for different businesses to centralize their businesses, Satellite Machine-to-Machine (M2M) & the Internet of Things (IoT) networks are swiftly gaining traction to monitor & control assets across different locations while providing telematics to obtain data.
The M2M communication is to gather point-to-point data, monitor & control assets, either by using terrestrial or aerial networks. On the other hand, IoT technology in communication allows the user to gather data from different sensors & compile it into useful information. The IoT interface is one step forward and provides predictive maintenance & avoids malfunctions.
With the emergence of communication, sensing, and computing as a part of the technical revolution, the adoption of advanced technologies like M2M & IoT has risen dramatically to reduce human intervention & bring operational efficiency in communication. These technologies have built a working base on next-generation sensors, cloud platforms, & telematics, among various other technologies.
Market Insights
The Global Satellite M2M & IoT Network Market is projected to grow at a CAGR of around 30% during the forecast period, i.e., 2021-26. The market is driven primarily by the rapidly surging need for secure & high-speed communication networks while reducing communication problems & improving the network bandwidth.
Additionally, the mounting requirements worldwide for better network flexibility at lower operational costs are further generating the need for M2M & IoT networks and, as a result, boosting the global market. Besides, owing to the continuous demand for secure & wireless networks of communication across verticals like government & military, transportation & logistics, aerospace, & heavy industries, among various others for different applications like asset tracking, acquiring real-time updates, etc., are also projected to augment the market growth during the forecast period.
Moreover, satellite plays a prominent role in connecting remote devices, i.e., not possible using terrestrial connectivity mediums. With the capabilities to gather information from different assets, the demand for satellite M2M & IoT networks would rise substantially in the future. Furthermore, the active participation of market players through collaboration between satellite operators & IoT & connectivity developers to enhance end-to-end solutions is another crucial aspect likely to drive the market during 2021-26.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR(2021-26) | 30% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: UK, Germany, France, Italy, Spain, Russia, Switzerland | |
| Asia-Pacific: China, Japan, South Korea, India | |
| South America: Brazil, Argentina | |
| Middle East & Africa: UAE, South Africa | |
| Key Companies Profiled | Airbus S.A.S., Gomspace A/S, Helios Wire Corporation, Globalstar, Inc., ORBCOMM Inc., Eutelsat S.A., OHB SE, Inmarsat plc., Intelsat Corporation, The Boeing Company, KORE Wireless Group, Inc., Vodafone Limited, Thales Group, Iridium Communications Inc., Space Exploration Technologies Corp. (SpaceX), etc |
| Unit Denominations | USD Million/Billion |
Impact of Covid-19 on the Global Satellite M2M & IoT Network Market
The Covid-19 pandemic in 2020 had a decelerating effect on most industries. However, the Global Satellite M2M & IoT Network Market did not observe any negative impact of the crisis. The satellite industry made sure of broad connectivity & a consistent supply of services to both public & private users amidst the pandemic.
The satellite application has been majorly to provide communication mediums for workers, employees, teachers, friends, families, etc., from different locations using diverse communications & learning devices. Besides, the operations & service providers played a crucial role in creating a channel enabling telehealth solutions, exchanging data from hospitals, transmitting information associated with the pandemic, & connectivity to essential services.
Moreover, these services also allowed measuring the economic effects of the pandemic & recovery rates based on the movement of goods tracked by satellites. In the forecast years, with increasing technological innovations, the market is anticipated to grow substantially & display an opportunistic growth prospect for the leading players.
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Preface
- Executive Summary
- Impact of COVID-19 on Global Satellite M2M and IoT Network Market
- Global Satellite M2M and IoT Network Startups Landscape
- Global Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- L-Band
- S-Band
- Ku- and Ka -Band
- Others
- By End User
- Aviation
- Heavy Industries
- Transportation and Logistics
- Natural Resources
- Government and Military
- Others (Banks, Smart Cities, Connected Cars, etc.)
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
- By Competitors
- Competition Characteristics
- Market Share & Analysis
- Competitive Metrix
- By Frequency Band
- Market Size & Analysis
- North America Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- By Country
- The US
- Canada
- Mexico
- The US Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Canada Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Mexico Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Market Size & Analysis
- South America America Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- By Country
- Brazil
- Argentina
- Others
- Brazil Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Argentina Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Market Size & Analysis
- Europe Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Switzerland
- Russia
- Others
- Germany Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- The UK Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- France Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Italy Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Spain Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Switzerland Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Russia Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Market Size & Analysis
- Middle East & Africa Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- By Country
- UAE
- South Africa
- Others
- UAE Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- South Africa Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- By Country
- China
- India
- Japan
- South Korea
- Others
- China Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- India Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Japan Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- South Korea Satellite M2M and IoT Network Market Outlook, 2016-2026F
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Frequency Band
- By End User
- Market Size & Analysis
- Market Size & Analysis
- Global Satellite M2M and IoT Network Government Regulations and Policies
- Global Satellite M2M and IoT Network Patent Analysis
- Global Satellite M2M and IoT Network Pricing Model
- Global Satellite M2M and IoT Network Market Trends & Insights
- Global Satellite M2M and IoT Network Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Satellite M2M and IoT Network Market Hotspot & Opportunities
- Global Satellite M2M and IoT Network Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Competition Matrix
- Target Markets
- Research & Development
- Collaborations & Strategic Alliances
- Key Business Expansion Initiatives
- Business Restructuring- Mergers, Acquisitions, JVs
- Strategic Initiatives
- Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans
- Airbus S.A.S.
- Gomspace A/S
- Helios Wire Corporation
- Globalstar, Inc.
- ORBCOMM Inc.
- Eutelsat S.A.
- OHB SE
- Inmarsat plc.
- Intelsat Corporation
- The Boeing Company
- KORE Wireless Group, Inc.
- Vodafone Limited
- Thales Group
- Iridium Communications Inc.
- Space Exploration Technologies Corp. (SpaceX)
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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