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Global Satellite Machine-to-Machine (M2M) Communications Market Report 2023-2030: Growing Role of IoT Elevates Importance of Satellite M2M, Widespread Use in Automotives and Aerospace & Defense

Global Satellite Machine-to-Machine (M2M) Communications Market 2021-2026 - Declining Cost & Complexity of Implementation to Drive Uptake of Satellite M2M Services

Global Satellite Machine-to-Machine (M2M) Communications Market 2021-2026 - Declining Cost & Complexity of Implementation to Drive Uptake of Satellite M2M Services
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Global Satellite Machine-to-Machine (M2M) Communications Market to Reach $4 1 Billion by 2026

Global Satellite Machine-to-Machine (M2M) Communications Market to Reach $4.1 Billion by 2026 Satellite M2M communication involves the use of a worldwide network of low-earth orbit (LEO) along with associated ground infrastructure, which enables access to services from any global location. Growing acceptance and popularity of satellite based network connectivity for establishing machine to machine communications in a range of end-use markets will drive strong growth in satellite M2M connections across the globe in coming years. For instance, Satellite M2M is widely used in the freight and public transportation sectors for automatically tracking/monitoring moving vehicles, tracking/monitoring logistical assets in transit, and coordinating/managing fleet etc. from remote location with little or no human intervention. The adoption of satellite M2M has also been widespread over the years in military/defense sector where they are used for wide ranging applications, including for trackin

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