M2M and IoT via satellite: trends and forecasts 2025–2035

23 June 2026 | Research and Insights

Dongye Liu

Forecast report | PPTX and PDF; Excel | Satellite D2D


"The satellite IoT market is evolving rapidly due to emerging demand drivers, lower cost barriers, standardisation and technological advancement."

A night sky with a satellite dish in the corner

This report provides an analysis of, and forecasts for, activity in the satellite IoT/M2M market. The report projects demand and revenue for this market across seven verticals. It considers the main trends, drivers/technology developments and restraints that will shape this satellite IoT market for the period between 2025 and 2035. 

The report also provides strategic recommendations for satellite operators, mobile network operators (MNOs), equipment manufacturers and regulators. These insights are designed to help key players understand recent market development and navigate the evolving satellite IoT market.

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, maritime, oil and gas, mining, utilities, construction, and agriculture and environment monitoring
  • Global, regional and vertical-specific growth drivers, challenges and opportunities
  • Analysis of the competitive dynamics between legacy satellite operators, emerging 5G NTN standards-based disrupters and D2D constellation operators

Report segmentation

Verticals
  • Agriculture and environment monitoring
  • Construction
  • Logistics
  • Maritime
  • Mining
  • Oil and gas
  • Utilities
 
Variables
  • Active sites
  • Aggregated retail revenue
  • Average revenue per unit (ARPU)
  • Data volume
  • Retail equipment revenue
  • Retail services revenue
 
Technology types
  • Proprietary
  • 5G
 
Geographical regions
  • Asia
  • Europe
  • Latin America (LAM)
  • Middle East and Africa (MEA)
  • North America (NAM)

 

USD8995

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Author

Dongye Liu

Analyst