M2M and IoT via satellite: trends and forecasts 2024–2034
09 September 2025 | Research
Forecast report | PPTX and PDF (21 slides); Excel | Satellite–Telecoms Integration
This report analyses trends in the IoT/M2M via satellite market across verticals such as logistics, connected cars, maritime, oil and gas, mining, utilities, construction and agriculture. We forecast growth in the adoption of IoT via satellite, demand for data volume and retail revenue.
This report is based on Analysys Mason’s internal analysis, market trends and forecasts. The trajectory of the report was shaped by primary research via expert interviews and secondary research.
Report coverage
- 10-year forecast of satellite-based IoT site deployments, data volume demand, retail service revenue and equipment revenue worldwide
- Analysis of adoption trends in verticals including logistics, connected cars, maritime, oil and gas, mining, utilities, construction, and agriculture and environment monitoring
- Evaluation of the growth of data volume demand by vertical based on message frequency and typical message size
- Assessment of the impact of low-Earth orbit (LEO), medium-Earth orbit (MEO) and geostationary orbit (GEO) architectures and evolving multi-orbit strategies
- Tracking of competitive moves by key satellite operators and their partnership strategies with mobile network operators (MNOs), as well as regional growth drivers, barriers and addressable market opportunities
- Details of new use cases in existing verticals
Key questions answered in this report
- How is the global satellite M2M and IoT market evolving in response to growing connectivity needs, new technologies and shifting operator strategies?
- How are various verticals evolving across different regions worldwide?
- Where does the opportunity lie in terms of growth in data demand and retail services revenue?
- How are LEO constellations and multi-orbit strategies working to provide resilient coverage globally?
Report segmentation
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USD8995
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