Product Code: ETC4382904 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 | |
The South Korean M2M satellite communication market is poised for growth, driven by increasing demand for reliable and secure communication solutions across various industries such as transportation, logistics, and agriculture. The market is witnessing significant investments in satellite technology and IoT integration, aimed at enhancing operational efficiency and connectivity. Key players are focusing on expanding their satellite communication networks to offer seamless coverage and high-speed data transfer capabilities.
The increasing adoption of M2M (Machine-to-Machine) communication technologies across various industries such as transportation, logistics, agriculture, and energy is driving the growth of the M2M satellite communication market in South Korea. These technologies enable real-time monitoring, tracking, and control of remote assets and equipment, improving operational efficiency and productivity.
The South Korean machine-to-machine (M2M) satellite communication market encounters challenges associated with high costs and infrastructure limitations. While advancements in satellite technology offer opportunities for remote monitoring and data transfer across various sectors, the high initial investment required for satellite communication infrastructure restricts market growth. Moreover, regulatory frameworks governing satellite communication and spectrum allocation necessitate compliance measures that can hinder the deployment of M2M solutions. Additionally, the market faces competition from terrestrial communication technologies and the need for interoperability across diverse M2M applications.
In South Korea, the government has established policies to promote the development of Machine-to-Machine (M2M) satellite communication technologies. The Ministry of Science and ICT collaborates with industry stakeholders to allocate frequency bands and regulate satellite communications. Policies also focus on cybersecurity, data privacy, and interoperability standards to facilitate the deployment of M2M satellite communication networks for various applications, including IoT and remote sensing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea M2M Satellite Communication Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea M2M Satellite Communication Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea M2M Satellite Communication Market - Industry Life Cycle |
3.4 South Korea M2M Satellite Communication Market - Porter's Five Forces |
3.5 South Korea M2M Satellite Communication Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 South Korea M2M Satellite Communication Market Revenues & Volume Share, By Communication Network Device, 2021 & 2031F |
3.7 South Korea M2M Satellite Communication Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.8 South Korea M2M Satellite Communication Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 South Korea M2M Satellite Communication Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea M2M Satellite Communication Market Trends |
6 South Korea M2M Satellite Communication Market, By Types |
6.1 South Korea M2M Satellite Communication Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 South Korea M2M Satellite Communication Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 South Korea M2M Satellite Communication Market Revenues & Volume, By Satellite Telemetry, 2021-2031F |
6.1.4 South Korea M2M Satellite Communication Market Revenues & Volume, By VSAT, 2021-2031F |
6.1.5 South Korea M2M Satellite Communication Market Revenues & Volume, By AIS, 2021-2031F |
6.2 South Korea M2M Satellite Communication Market, By Communication Network Device |
6.2.1 Overview and Analysis |
6.2.2 South Korea M2M Satellite Communication Market Revenues & Volume, By Satellite IP Terminals, 2021-2031F |
6.2.3 South Korea M2M Satellite Communication Market Revenues & Volume, By Satellite Modems, 2021-2031F |
6.2.4 South Korea M2M Satellite Communication Market Revenues & Volume, By Gateways, 2021-2031F |
6.3 South Korea M2M Satellite Communication Market, By Service |
6.3.1 Overview and Analysis |
6.3.2 South Korea M2M Satellite Communication Market Revenues & Volume, By Managed Service, 2021-2031F |
6.3.3 South Korea M2M Satellite Communication Market Revenues & Volume, By Data Service, 2021-2031F |
6.3.4 South Korea M2M Satellite Communication Market Revenues & Volume, By Voice Service, 2021-2031F |
6.3.5 South Korea M2M Satellite Communication Market Revenues & Volume, By Business Service, 2021-2031F |
6.3.6 South Korea M2M Satellite Communication Market Revenues & Volume, By Other Service, 2021-2031F |
6.4 South Korea M2M Satellite Communication Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 South Korea M2M Satellite Communication Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 South Korea M2M Satellite Communication Market Revenues & Volume, By Maritime, 2021-2031F |
6.4.4 South Korea M2M Satellite Communication Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.4.5 South Korea M2M Satellite Communication Market Revenues & Volume, By Energy and Utility, 2021-2031F |
6.4.6 South Korea M2M Satellite Communication Market Revenues & Volume, By Government and Public sector, 2021-2031F |
6.4.7 South Korea M2M Satellite Communication Market Revenues & Volume, By Mining, 2021-2031F |
6.4.8 South Korea M2M Satellite Communication Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.9 South Korea M2M Satellite Communication Market Revenues & Volume, By Healthcare, 2021-2031F |
7 South Korea M2M Satellite Communication Market Import-Export Trade Statistics |
7.1 South Korea M2M Satellite Communication Market Export to Major Countries |
7.2 South Korea M2M Satellite Communication Market Imports from Major Countries |
8 South Korea M2M Satellite Communication Market Key Performance Indicators |
9 South Korea M2M Satellite Communication Market - Opportunity Assessment |
9.1 South Korea M2M Satellite Communication Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 South Korea M2M Satellite Communication Market Opportunity Assessment, By Communication Network Device, 2021 & 2031F |
9.3 South Korea M2M Satellite Communication Market Opportunity Assessment, By Service, 2021 & 2031F |
9.4 South Korea M2M Satellite Communication Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 South Korea M2M Satellite Communication Market - Competitive Landscape |
10.1 South Korea M2M Satellite Communication Market Revenue Share, By Companies, 2024 |
10.2 South Korea M2M Satellite Communication Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |