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 Satellite Type;

Low Earth Orbit and Medium Earth Orbit.

By Communication Network Device;

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

By Application;

Remote Monitoring and Asset Tracking.

By Geography;

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

M2M Satellite Communication Market Overview

M2M Satellite Communication Market (USD Million)

M2M Satellite Communication Market was valued at USD 9,355.63 million in the year 2024. 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%.


Global M2M Satellite Communication Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 12.14 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.14 %
Market Size (2024)USD 9,355.63 Million
Market Size (2031)USD 20,863.96 Million
Market ConcentrationLow
Report Pages344
9,355.63
2024
20,863.96
2031

Major Players

  • Orbcomm, Inc.
  • Inmarsat Communications, Inc.
  • Iridium Communications, Inc.
  • Globalstar, Inc.
  • Kore Telematics
  • Rogers Communications, Inc.
  • Hughes Network System LLC
  • Orange S.A
  • Viasat
  • Teliasonera AB

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global M2M Satellite Communication Market

Fragmented - Highly competitive market without dominant players


The M2M Satellite Communication Market is advancing rapidly due to growing needs for uninterrupted machine connectivity. These systems enable continuous data transmission even in areas lacking traditional network infrastructure. Currently, over 65% of M2M networks incorporate satellite links to support critical operations in remote settings.

Technological Advancements
Advances in miniaturized satellite modules, efficient bandwidth protocols, and low-energy hardware are transforming satellite-based M2M systems. Nearly 52% of these systems now feature power-saving designs, increasing their appeal across sectors like mining, defense, and logistics. These upgrades are reinforcing network resilience.

Integration with Emerging Technologies
The integration of IoT, artificial intelligence, and distributed ledgers is reshaping the satellite M2M communication ecosystem. Around 47% of new deployments now support intelligent functions for real-time decision-making and predictive analytics. These capabilities are expanding the value proposition of M2M platforms.

Future Outlook
With growing emphasis on autonomy, connectivity, and operational continuity, satellite M2M systems are becoming essential. Over 60% of businesses are expected to upgrade or expand their satellite-enabled M2M infrastructure. This marks a decisive shift toward global, resilient machine-to-machine networks backed by satellite technologies.

  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 Satellite Type
    3. Market Snapshot, By Communication Network Device
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. 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. 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. M2M Satellite Communication Market, By Satellite Type, 2021 - 2031 (USD Million)

      1. Low Earth Orbit

      2. Medium Earth Orbit

    3. M2M Satellite Communication Market, By Communication Network Device, 2021 - 2031 (USD Million)
      1. Satellite IP Terminals
      2. Satellite Modems
      3. Gateways
      4. Others
    4. M2M Satellite Communication Market, By Application, 2021 - 2031 (USD Million)

      1. Remote Monitoring

      2. Asset Tracking

    5. 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