The Journal of Space Commerce

The Journal of Space Commerce

M2M Satellite Communication Market to Exceed $46.6 Billion by 2032

Growing Global Connectivity Needs Drive CAGR to 13 Percent

Tom Patton's avatar
Tom Patton
Sep 10, 2024
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The Machine to Machine (M2M) Satellite Communication Market value could reach $46.6 billion by 2032, according to a recent study by Global Market Insights Inc.

The market growth is propelled by the increasing demand for reliable and secure communication networks, particularly in remote and underserved regions. M2M satellite communication plays a critical…

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