M2M Satellite Communication Market

Top Companies in M2M Satellite Communication Industry - Marlink Group (Marlink), Viasat, Inc. (Viasat), Thales Group (Thales) and Iridium Communications Inc. (Iridium Communications)

The M2M satellite communication market is expected to grow from USD 15.5 billion in 2023 to USD 28.7 billion in 2028, at a CAGR of 13.1%  during the forecast period. The M2M satellite communication market is driven by various factors, such as the rising need for enriched data communication, the surge in IoT proliferation, and the escalating demand for monitoring and remote management of connected devices.

Key players operating in the M2M satellite communication market across the globe are Marlink Group (Marlink), Viasat, Inc. (Viasat), Thales Group (Thales), ORBCOMM Inc. (ORBCOMM), Iridium Communications Inc. (Iridium Communications), Globalstar, Inc. (Globalstar), Orange (France), EchoStar Corporation (EchoStar), Intelsat (Intelsat), Rogers Communications Inc. (Rogers Communications), SES S.A. (SES), Gilat Satellite Networks Ltd. (Gilat), Telia Company AB (Telia), KORE Wireless (Kore Wireless), Honeywell International Inc. (Honeywell), Qualcomm Incorporated (Qualcomm), Telesat Corporation (Telesat), Wireless Logic (Wireless Logic), Outerlink Corporation (Outerlink Global Solutions), Nupoint Systems Inc. (Nupoint Systems), BusinessCom LLC (Businesscom Networks), Semtech Corporation (Semtech), Al Yah Satellite Communications Company PJSC (Yahsat). These companies employ various approaches, both organic and inorganic, including introducing new products, forming strategic partnerships and collaborations, and engaging in mergers and acquisitions, to expand their presence and offerings within the M2M satellite communication market.

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Viasat is a leading global communications company with a vision of connecting everyone and everything worldwide. With over 35 years of experience, Viasat has played a pivotal role in shaping communication across diverse sectors, including consumers, businesses, governments, and militaries. The company is currently dedicated to building the ultimate global communications network that delivers high-quality, secure, affordable, and fast connections to positively impact people's lives, whether on land, in the air, or at sea. Viasat's extensive product and solution portfolio spans satellite communication terminals, data controllers, maritime antennas, and more, all designed to meet the evolving needs of connectivity. The company actively engages in strategic partnerships and collaborations, including notable ventures with Cobham and Microsoft, to enhance its offerings. The company has undertaken strategic acquisitions to bolster its capabilities and expand its market presence. For instance, acquisitions like the one with Inmarsat have further solidified its position in the satellite communications sector, enhancing scale, scope, and competitive edge. Additionally, Viasat continually strives for innovation and growth, as seen in its commitment to developing advanced technologies and solutions for global communication.

Thales is a global technology leader with a workforce of over 77,000 employees spread across five continents. The company focuses on investing in digital and "deep tech" innovations, including Big Data, artificial intelligence, connectivity, cybersecurity, and quantum technology. Thales serves a diverse customer base comprising government agencies, administrations, institutions, cities, and businesses. Its clients operate or provide systems, services, and infrastructure crucial to society in defense, security, air and rail transport, banking, telecommunications, and more. Thales delivers solutions, services, and products in the defense and security, aerospace and space, digital identity and security, and transport markets. Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), specializes in providing cost-effective solutions for telecommunications, navigation, Earth observation, environmental management, exploration, science, and orbital infrastructures. The company plays a pivotal role in designing satellite-based systems that enable global connectivity, Earth monitoring, resource management, and space exploration. Thales Alenia Space, in collaboration with Telespazio, forms the Space Alliance, offering a comprehensive range of space-related services. Thales envisions space as a new horizon that contributes to building a better, more sustainable life on Earth.

Iridium Communications Inc. is the only commercial voice and data satellite communications provider offering true global coverage. Iridium’s L-band satellite network provides reliable service to mobile assets where terrestrial wireless and wireline networks are limited or do not exist. As a technology innovator and market leader, Iridium enables connections between people, organizations, and assets to and from anywhere in real time. Iridium’s architecture of 66 low-earth orbiting (LEO) satellites operates as a fully meshed, cross-linked network. This network’s one-of-a-kind architecture minimizes the need for local ground infrastructure and facilitates the global reach of its services to allow connectivity in regions with no physical presence. The company continues to launch innovative products and services supported by its second-generation satellites, which support more capacity and higher data speeds. Reaching over oceans, through airways and across the polar regions, Iridium solutions are ideally suited for industries such as maritime, aviation, emergency services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the US government and other civil and government agencies worldwide. Teaming up with an array of partner companies, Iridium offers an innovative portfolio of dependable solutions tailored for markets necessitating truly global communication capabilities. In 2019, the company concluded a comprehensive upgrade of its satellite network and launched Iridium Certus, a specialized broadband service.

Related Reports:

M2M Satellite Communication Market by Offering (Hardware, Software Types, Services), Technology (Satellite Constellation (LEO, MEO, GEO), Data Transmission, VSAT, AIS), Vertical (Maritime, Military & Defense) and Region - Global Forecast to 2028

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M2M Satellite Communication Market Size,  Share & Growth Report
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