Global Satellite IoT Market Report 2024

Satellite IoT Global Market Report 2024 – By Service Type (Direct-To-Satellite, Satellite IoT Backhaul), By Frequency Band (L-Band, Ku And Ka-Band, S-Band, Other Band Frequency), By Enterprise Size (Large Enterprise, Small And Medium-Sized Enterprise), By Industry Vertical (Oil And Gas, Transportation And Logistics, Energy And Utilities, Agriculture, Maritime, Healthcare, Military And Defense, Other Industry Verticals) – Market Size, Trends, And Global Forecast 2024-2033

Satellite IoT Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Satellite IoT Market Definition And Segments

Satellite IoT (Internet of Things) refers to using satellite technology to enable communication and data exchange between IoT devices in remote or global locations where terrestrial network coverage is limited or nonexistent. It facilitates global asset tracking, agricultural monitoring, and maritime and logistics operations by providing widespread, reliable connectivity across the Earth's surface, including oceans and rural areas. Satellite IoT supports industries by offering real-time data collection and analysis from any location, enhancing operational efficiency and decision-making.

The main types of satellite IoT services are direct-to-satellite and satellite IoT backhaul. Direct-to-Satellite service involves communication directly between ground-based IoT devices and satellites. They use various frequency bands, such as the l-band, ku-band, ka-band, s-band, and others. They are used by enterprises irrespective of their size, such as large enterprises and small and medium-sized enterprises, and are also used by various industry verticals, such as oil and gas, transportation and logistics, energy and utilities, agriculture, maritime, healthcare, military, and defense, among others.

The satellite IoT market covered in this report is segmented –

1) By Service Type: Direct-To-Satellite, Satellite IoT Backhaul

2) By Frequency Band: L-Band, Ku And Ka-Band, S-Band, Other Band Frequency

3) By Enterprise Size: Large Enterprise, Small And Medium-Sized Enterprise

4) By Industry Vertical: Oil And Gas, Transportation And Logistics, Energy And Utilities, Agriculture, Maritime, Healthcare, Military And Defense, Other Industry Verticals

The satellite IoT market size has grown exponentially in recent years. It will grow from $1.57 billion in 2023 to $1.93 billion in 2024 at a compound annual growth rate (CAGR) of 23.0%. The growth in the historic period can be attributed to global connectivity needs, asset tracking and management, environmental monitoring, precision agriculture, maritime and aviation safety, emergency response and disaster management, energy sector applications, scientific research and exploration, and supply chain optimization.

The satellite IoT market size is expected to see rapid growth in the next few years. It will grow to $4.34 billion in 2028 at a compound annual growth rate (CAGR) of 22.4%. The growth in the forecast period can be attributed to rising proliferation of LEO-based services, booming digitalization, increase in cybersecurity attacks, growing space industry, rise in demand for interconnectivity, increase in demand for connected devices for real time monitoring. Major trends in the forecast period include advancement in wireless technology, launches of various cubits & small satellites, growing focus on eco-friendly satellite technologies, new integration with 5G networks, advancements in optical communication with lasers.

Charting The Rise Of Satellite IoT Market Alongside Space Industry Expansion

The growing space industry is expected to propel the growth of the satellite IoT market going forward. The space industry refers to economic activities related to manufacturing components that go into outer space, delivering them to those regions, and related services. The space industry contributes to the expansion and improvement of satellite IoT by providing cost-effective and scalable solutions, global connectivity, enhanced technology, and addressing the specific needs of IoT applications in various industries. For instance, in March 2023, according to gov.uk, a UK-based government agency, UK space organizations revenue increased to £17.5 ($18.86) billion from £16.5 ($17.79) billion in 2020, while the sector expanded to 1,590 entities from 1,293, adding 1,772 jobs. Therefore, the growing space industry is driving the growth of the satellite IoT market.

Major companies operating in the satellite IoT market are Airbus SE, Northrop Grumman Corporation, Space Exploration Technologies Corp., EchoStar Corporation, Inmarsat Limited, Iridium Communications Inc., Orbcomm, Globalstar Inc., Spire Global Inc., Kepler Communications Inc., Ligado Networks, NanoAvionics Corp., Fleet Space Technologies Pty. Ltd., Skylo Technologies, Actility S.A., Alén Space, Leaf Space, Kineis, Myriota Pty. Ltd., Sateliot, Xona Space Systems Inc., OQ Technology, Hiber AB, Fossa Systems S.L., Sky and Space Global Ltd.

OQ Technology Advances Global IoT connectivity With New Satellite Launches

Major companies operating in the satellite IoT market are focused on developing innovative products with technologies such as TIGER-5 and TIGER-6 satellites to boost financial performance in the market. These satellites are expanding the frontier of 5G connectivity by including the 5G NTN IoT satellite constellation. For instance, in November 2023, OQ Technology, a Luxembourg-based satellite telecom operator, launched TIGER-5 and TIGER-6 satellites on SpaceX's Falcon 9 during the Transporter-9 rideshare mission. These 6U nanosatellites, featuring NB-IoT cell tower payloads, were deployed into the Low Earth Orbit. The satellites were separated and placed into orbit 75 minutes after launch, with contact established on the same day.

SpaceX Acquires Swarm Technologies To Enhance Satellite IoT Services

In August 2021, Space Exploration Technologies Corp., a US-based astronautics company, acquired Swarm Technologies Inc. for an undisclosed amount. Through this acquisition, SpaceX sought to bolster its satellite Internet-of-Things offerings, augment its workforce with specialized expertise, and tap into new markets leveraging Swarm Technologies' established relationships and regulatory frameworks. Swarm Technologies Inc. is a US-based company focused on creating a low-earth orbit (LEO) satellite constellation to improve communication.

North America was the largest region in the satellite IoT market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite IoT market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the satellite IoT market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The satellite IoT market consists of revenues earned by entities by providing services such as global connectivity, asset tracking and monitoring, agriculture and environmental monitoring, emergency and disaster response, remote sensing, and geospatial analysis. The market value includes the value of related goods sold by the service provider or included within the service offering. The satellite IoT market also includes sales of modems and terminals, transceivers, smart sensors, nano and CubeSats, GPS, and GNSS receivers, which are used in providing services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The satellite IoT market research report is one of a series of new reports from The Business Research Company that provides satellite IoT market statistics, including satellite IoT industry global market size, regional shares, competitors with a satellite IoT market share, detailed satellite IoT market segments, market trends and opportunities, and any further data you may need to thrive in the satellite IoT industry. This satellite IoT market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Satellite IoT Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $1.93 billion
Revenue Forecast In 2033 $4.34 billion
Growth Rate CAGR of 22.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Service Type: Direct-To-Satellite, Satellite IoT Backhaul
2) By Frequency Band: L-Band, Ku And Ka-Band, S-Band, Other Band Frequency
3) By Enterprise Size: Large Enterprise, Small And Medium-Sized Enterprise
4) By Industry Vertical: Oil And Gas, Transportation And Logistics, Energy And Utilities, Agriculture, Maritime, Healthcare, Military And Defense, Other Industry Verticals
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Airbus SE; Northrop Grumman Corporation; Space Exploration Technologies Corp.; EchoStar Corporation; Inmarsat Limited; Iridium Communications Inc.; Orbcomm; Globalstar Inc.; Spire Global Inc.; Kepler Communications Inc.; Ligado Networks; NanoAvionics Corp.; Fleet Space Technologies Pty. Ltd.; Skylo Technologies; Actility S.A.; Alén Space; Leaf Space; Kineis; Myriota Pty. Ltd.; Sateliot; Xona Space Systems Inc.; OQ Technology; Hiber AB; Fossa Systems S.L.; Sky and Space Global Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Satellite IoT Market Characteristics

    3. Satellite IoT Market Trends And Strategies

    4. Satellite IoT Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Satellite IoT Market Size and Growth

    5.1. Global Satellite IoT Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Satellite IoT Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Satellite IoT Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Satellite IoT Market Segmentation

    6.1. Global Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Direct-To-Satellite

    Satellite IoT Backhaul

    6.2. Global Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    L-Band

    Ku And Ka-Band

    S-Band

    Other Band Frequency

    6.3. Global Satellite IoT Market, Segmentation By Enterprise Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Large Enterprise

    Small And Medium-Sized Enterprise

    6.4. Global Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Oil And Gas

    Transportation And Logistics

    Energy And Utilities

    Agriculture

    Maritime

    Healthcare

    Military And Defense

    Other Industry Verticals

    7. Satellite IoT Market Regional And Country Analysis

    7.1. Global Satellite IoT Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Satellite IoT Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Satellite IoT Market

    8.1. Asia-Pacific Satellite IoT Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Satellite IoT Market

    9.1. China Satellite IoT Market Overview

    9.2. China Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Satellite IoT Market

    10.1. India Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Satellite IoT Market

    11.1. Japan Satellite IoT Market Overview

    11.2. Japan Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Satellite IoT Market

    12.1. Australia Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Satellite IoT Market

    13.1. Indonesia Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Satellite IoT Market

    14.1. South Korea Satellite IoT Market Overview

    14.2. South Korea Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Satellite IoT Market

    15.1. Western Europe Satellite IoT Market Overview

    15.2. Western Europe Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Satellite IoT Market

    16.1. UK Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Satellite IoT Market

    17.1. Germany Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Satellite IoT Market

    18.1. France Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Satellite IoT Market

    19.1. Italy Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Satellite IoT Market

    20.1. Spain Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Satellite IoT Market

    21.1. Eastern Europe Satellite IoT Market Overview

    21.2. Eastern Europe Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Satellite IoT Market

    22.1. Russia Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Satellite IoT Market

    23.1. North America Satellite IoT Market Overview

    23.2. North America Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Satellite IoT Market

    24.1. USA Satellite IoT Market Overview

    24.2. USA Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Satellite IoT Market

    25.1. Canada Satellite IoT Market Overview

    25.2. Canada Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Satellite IoT Market

    26.1. South America Satellite IoT Market Overview

    26.2. South America Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Satellite IoT Market

    27.1. Brazil Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Satellite IoT Market

    28.1. Middle East Satellite IoT Market Overview

    28.2. Middle East Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Satellite IoT Market

    29.1. Africa Satellite IoT Market Overview

    29.2. Africa Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Satellite IoT Market Competitive Landscape And Company Profiles

    30.1. Satellite IoT Market Competitive Landscape

    30.2. Satellite IoT Market Company Profiles

    30.2.1. Airbus SE

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Northrop Grumman Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Space Exploration Technologies Corp.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. EchoStar Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Inmarsat Limited

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Satellite IoT Market Other Major And Innovative Companies

    31.1. Iridium Communications Inc.

    31.2. Orbcomm

    31.3. Globalstar Inc.

    31.4. Spire Global Inc.

    31.5. Kepler Communications Inc.

    31.6. Ligado Networks

    31.7. NanoAvionics Corp.

    31.8. Fleet Space Technologies Pty. Ltd.

    31.9. Skylo Technologies

    31.10. Actility S.A.

    31.11. Alén Space

    31.12. Leaf Space

    31.13. Kineis

    31.14. Myriota Pty. Ltd.

    31.15. Sateliot

    32. Global Satellite IoT Market Competitive Benchmarking

    33. Global Satellite IoT Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Satellite IoT Market

    35. Satellite IoT Market Future Outlook and Potential Analysis

    35.1 Satellite IoT Market In 2028 - Countries Offering Most New Opportunities

    35.2 Satellite IoT Market In 2028 - Segments Offering Most New Opportunities

    35.3 Satellite IoT Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Satellite IoT Market, Segmentation By Enterprise Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Satellite IoT Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Satellite IoT Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Airbus SE Financial Performance
  • Table 76: Northrop Grumman Corporation Financial Performance
  • Table 77: Space Exploration Technologies Corp. Financial Performance
  • Table 78: EchoStar Corporation Financial Performance
  • Table 79: Inmarsat Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Satellite IoT Market, Segmentation By Enterprise Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Satellite IoT Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Satellite IoT Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Satellite IoT Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Satellite IoT Market, Segmentation By Frequency Band , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Satellite IoT Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Airbus SE Financial Performance
  • Figure 76: Northrop Grumman Corporation Financial Performance
  • Figure 77: Space Exploration Technologies Corp. Financial Performance
  • Figure 78: EchoStar Corporation Financial Performance
  • Figure 79: Inmarsat Limited Financial Performance
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Frequently Asked Questions

What is the definition of the satellite IoT market?

Satellite IoT (Internet of Things) refers to using satellite technology to enable communication and data exchange between IoT devices in remote or global locations where terrestrial network coverage is limited or nonexistent. It facilitates global asset tracking, agricultural monitoring, and maritime and logistics operations by providing widespread, reliable connectivity across the Earth's surface, including oceans and rural areas. Satellite IoT supports industries by offering real-time data collection and analysis from any location, enhancing operational efficiency and decision-making. For further insights on the satellite IoT market, request a sample here

How will the satellite IoT market drivers and restraints affect the satellite IoT market dynamics? What forces will shape the satellite IoT industry going forward?

The satellite IoT market major growth driver - Charting The Rise Of Satellite IoT Market Alongside Space Industry Expansion. For further insights on the satellite IoT market, request a sample here

What is the forecast market size or the forecast market value of the satellite IoT market?

The satellite IoT market size has grown exponentially in recent years. It will grow from $1.57 billion in 2023 to $1.93 billion in 2024 at a compound annual growth rate (CAGR) of 23.0%. The growth in the historic period can be attributed to global connectivity needs, asset tracking and management, environmental monitoring, precision agriculture, maritime and aviation safety, emergency response and disaster management, energy sector applications, scientific research and exploration, and supply chain optimization. The satellite IoT market size is expected to see rapid growth in the next few years. It will grow to $4.34 billion in 2028 at a compound annual growth rate (CAGR) of 22.4%. The growth in the forecast period can be attributed to rising proliferation of LEO-based services, booming digitalization, increase in cybersecurity attacks, growing space industry, rise in demand for interconnectivity , increase in demand for connected devices for real time monitoring. Major trends in the forecast period include advancement in wireless technology, launches of various cubits & small satellites, growing focus on eco-friendly satellite technologies, new integration with 5G networks, advancements in optical communication with lasers. For further insights on the satellite IoT market, request a sample here

How is the satellite IoT market segmented?

The satellite IoT market is segmented
1) By Service Type: Direct-To-Satellite, Satellite IoT Backhaul
2) By Frequency Band: L-Band, Ku And Ka-Band, S-Band, Other Band Frequency
3) By Enterprise Size: Large Enterprise, Small And Medium-Sized Enterprise
4) By Industry Vertical: Oil And Gas, Transportation And Logistics, Energy And Utilities, Agriculture, Maritime, Healthcare, Military And Defense, Other Industry VerticalsFor further insights on the satellite IoT market, request a sample here

Which region has the largest share of the satellite IoT market? What are the other regions covered in the report?

North America was the largest region in the satellite IoT market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite IoT market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the satellite IoT market, request a sample here.

Who are the major players in the satellite IoT market?

Major companies operating in the satellite IoT market are Airbus SE, Northrop Grumman Corporation, Space Exploration Technologies Corp., EchoStar Corporation, Inmarsat Limited, Iridium Communications Inc., Orbcomm, Globalstar Inc., Spire Global Inc., Kepler Communications Inc., Ligado Networks, NanoAvionics Corp., Fleet Space Technologies Pty. Ltd., Skylo Technologies, Actility S.A., Alén Space, Leaf Space, Kineis, Myriota Pty. Ltd., Sateliot , Xona Space Systems Inc., OQ Technology , Hiber AB, Fossa Systems S.L., Sky and Space Global Ltd. For further insights on the satellite IoT market, request a sample here.

What are the key trends in the satellite IoT market?

Major trend in the satellite IoT market - OQ Technology Advances Global IoT connectivity With New Satellite Launches. For further insights on the satellite IoT market, request a sample here.

What are the major opportunities in the satellite IoT market? What are the strategies for the satellite IoT market?

For detailed insights on the major opportunities and strategies in the satellite IoT market, request a sample here.

How does the satellite IoT market relate to the overall economy and other similar markets?

For detailed insights on satellite IoT market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the satellite IoT industry?

For detailed insights on the mergers and acquisitions in the satellite IoT industry, request a sample here.

What are the key dynamics influencing the satellite IoT market growth? SWOT analysis of the satellite IoT market.

For detailed insights on the key dynamics influencing the satellite IoT market growth and SWOT analysis of the satellite IoT industry, request a sample here.