This study investigates the satellite IoT connectivity market. The research covers a total of 40 satellite IoT operators including both the incumbent operators and all the new LEO smallsat constellations. The global satellite IoT communications market is growing at a good steady pace. The global satellite IoT subscriber base grew to surpass 5.1 million in 2023. The number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 39.2 percent to reach 26.7 million units in 2028. Get up to date with the latest information and trends about the satellite IoT business opportunity.
Highlights from the report:
360-degree overview of the satellite IoT communications ecosystem.
Reviews of the strategies of 40 satellite IoT operators.
Perspectives on the impact of the new LEO nano satellite constellations.
Summary of the latest industry trends and developments.
Reviews of operator market shares and competitive dynamics.
Extensive global and regional market forecasts lasting until 2028.
Table of Contents
Table of Contents
List of Figures
Executive Summary
1. Satellite Networks for the Internet of Things
1.1. Introduction to satellite IoT technologies
1.1.1. Traditional GEO constellations
1.1.2. The new age of large LEO constellations
1.2. Satellite IoT constellations
1.2.1. Satellite orbit types
1.2.2. Space junk challenges
1.2.3. Frequency bands
1.2.4. Latency
1.2.5. Coverage and capacity
1.2.6. Protocol choices and standards
1.3. Investments and M&As in the satellite IoT industry
1.4. Use cases for satellite IoT
1.5. Business models and project strategies
1.6. Launch services
1.7. Satellite design and manufacturing
1.8. Satellite IoT modules and terminals
1.9. Satellite IoT connectivity pricing examples
2. Market Forecasts and Trends
2.1. Market analysis
2.1.1. The incumbent satellite IoT operators
2.1.2. The new space race boosted by numerous new LEO constellations
2.1.3. Hybrid satellite-terrestrial connectivity initiatives on the rise
2.1.4. Some constellation projects have been discontinued