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Global Satellite M2M and IoT Network Market, 2018-2023: Market to Grow at a CAGR of 32.58% - Increase in Spending for Internet of Things (IoT) Enabled Services

Dublin, Nov. 05, 2018 (GLOBE NEWSWIRE) -- The "Global Satellite M2M and IoT Network Market: Focus on End user & Frequency Band - Analysis and Forecast, 2018-2023" report has been added to ResearchAndMarkets.com's offering.

Global satellite M2M and IoT network market generated $617.3 million in 2017 and is estimated to grow at a CAGR of 32.58% during 2018-2023.

North America dominated the global satellite M2M and IoT network market in 2017 with the U.S. acquiring the most significant market share, globally. However, Asia-Pacific is expected to have the highest growth rate during the forecast period 2018-2023.

The global satellite M2M and IoT network market is expected to witness significant growth over the forecast period 2018-2023, due to the rising demand of fast and flexible wireless communication across various industries such as transportation and logistics, natural resources, heavy industries, aviation, and government and military. The growing need for secure and high-speed wireless communication and the increasing demand for higher flexibility at low cost are some of the key drivers for the growth of the global satellite M2M and IoT network market.

With the advent of computing, sensing, and communication as a part of fourth technical revolution, usage of advanced technologies has increased drastically to reduce manual interventions. This led to advent of Machine to Machine, abbreviated as M2M and Internet of Things abbreviated as IoT. These two technologies assured the connected ecosystem working based on next generation sensors, cloud platform, telematics, and various other technologies.

The two technologies catered the urgency of acquiring information from globally scattered resources and to monitor and control them simultaneously. M2M communication typically provide point-to-point information and allows to monitor and control the assets remotely either through terrestrial or aerial network. Wherein, IoT is a step ahead technology and allows to gather massive amount of data from abundant sensors and process it into useful information. IoT utilizes Internet Protocol (IP) based network to interface to middleware and computing platforms to provide predictive maintenance and avoid malfunctioning.

Following points provide a detailed description of the report content and the topics covered in the report:

  • This report identifies the global satellite M2M and IoT network market under different segments such as end-user, frequency band, and region.
  • It examines the prime demand-side factors, which affect the growth of the market, and the current and future trends, market drivers, restraints, and challenges prevalent in the global satellite M2M and IoT network market.
  • The report also highlights the value chain of the industry.
  • Detailed competitive analysis has been included in this report which focuses on the key market developments and strategies followed by the top players in the market. Additionally, the market share of prominent companies has been included in the existing study which analyzes the competitive strength of the players in the global satellite M2M and IoT network market.
  • The market for different end user such as logistics and transportation, natural resources, heavy industries, government and military, aviation, and others (banking and retail, connected cars, smart cities, consumer IoT), has been estimatd and analyzed.
  • Different frequency bands of the satellite M2M and IoT network, such L-band, Ku-and Ka-band, S-band, and others (X-band and C-band), have been estimated and analyzed in the report.
  • The global satellite M2M and IoT network market has been analyzed in the report for the major regions including North America, Europe, Asia-Pacific, and Rest-of-the-World.
  • A detailed subscription-based pricing model has been included in the report. Furthermore, the report also focuses on providing information on the key participants and future opportunities in the global satellite M2M and IoT network market.
  • The study provides detailed analysis of the 15 key players in the global satellite M2M and IoT network market including: Airbus S.A.S., The Boeing Company, OHB SE, Thales Group, Eutelsat S.A., Globalstar, Inc., ORBCOMM Inc., Inmarsat plc., Intelsat, Iridium Communications Inc., GomSpace A/S, Vodafone Limited., Space Exploration Technologies Corp. (SpaceX), Helios Wire Corporation in the Company Profiles section. This section covers business financials, company snapshots, key products and services, major developments, future programs (if any), and the individual SWOT analysis.

Key Topics Covered:

Executive Summary

1 Market Dynamics
1.1 Market Drivers
1.1.1 Increase in Spending for Internet of Things (IoT) Enabled Services
1.1.2 Technological Expansion in Electronic Components and Associated Devices for M2M and IoT Enabling Satellites
1.1.3 Launch of New Satellite Constellations Enabling M2M and IoT Connectivity
1.2 Market Challenges
1.2.1 Regulate the Increasing Amount of Space Debris
1.2.2 Design Challenges with IoT and M2M Network Enabling Satellite
1.3 Market Opportunities
1.3.1 Increasing Investment in Autonomous Cars and Connected Vehicles
1.3.2 Increase in Number of Smart Cities Across the World

2 Competitive Insights
2.1 Overview: Key Strategies and Developments
2.1.1 Partnerships, Agreements, and Contracts
2.1.2 Product Launches
2.1.3 Mergers and Acquisitions
2.1.4 Other Developments
2.2 Value Chain Analysis
2.3 Market Share Analysis

3 Industry Analysis
3.1 Technology Comparison: Cellular System Vs LPWAN Vs Satellite Systems
3.2 Startups and Investment Scenario
3.3 Patents Analysis
3.4 Subscription-based Pricing Model

4 Global Satellite M2M and IoT Network Market, 2018-2023
4.1 Assumptions and Limitations
4.2 Market Overview

5 Global Satellite M2M and IoT Network Market (by End User)
5.1 Market Overview
5.2 Transportation and Logistics
5.3 Government and Military
5.4 Aviation
5.5 Natural Resources
5.6 Heavy Industries
5.7 Others (Banking and Retail, Smart Cities, Consumer IoT, and Connected Cars)

6 Global Satellite M2M and IoT Network Market (by Frequency Band)
6.1 Market Overview
6.2 L-Band
6.3 Ku- and Ka -Band
6.4 S-Band
6.5 Others

7 Global Satellite M2M and IoT Network Market (by Region)

8 Company Profiles

  • Airbus S.A.S.
  • Al Yah Satellite Communication Company PJSC (Yahsat)
  • Astrocast SA
  • Eutelsat S.A.
  • Globalstar, Inc.
  • Gomspace A/S
  • Helios Wire Corporation
  • hiSky Ltd.
  • Hispasat, S.A.
  • Inmarsat plc.
  • Intelsat
  • Iridium Communications Inc.
  • KORE Wireless Group, Inc.
  • Ligado Networks
  • OHB SE
  • ORBCOMM Inc.
  • SatixFy Israel Ltd.
  • Sky and Space Global Ltd.
  • Space Exploration Technologies Corp. (SpaceX)
  • Space Systems/Loral, LLC
  • Thales Group
  • The Boeing Company
  • Thuraya Telecommunications Company
  • Vodafone Limited.

For more information about this report visit https://www.researchandmarkets.com/research/r8ftcj/global_satellite?w=12

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                    Related Topics: Satellite Communications , Internet of Things and M2M
                    

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