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Satellite IoT Market Outlook, Trends, Analysis 2021-2031

Satellite IoT Market (Service Type: Sat-IoT Backhaul Services and Direct to Satellite Services; Frequency Band: L-Band, Ku- and Ka-Band, S-Band, and Others; and End-use: Agriculture, Oil & Gas, Automotive, Transportation & Logistics, Energy & Utilities, Healthcare, Military & Defense, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Market Players Adopted Survival Strategies During Coronavirus

The global satellite IoT market is strongly affected by the coronavirus breakdown. The rapidly spreading COVID-19 cases across the globe are impacting on the global economy. Many developed nations have imposed strict lockdowns and ban on gatherings. Some businesses and manufacturing industries are temporarily closed, resulting in adverse effect on revenue growth. Manufacturers operating in the satellite IoT market have adopted innovative strategies to increase growth opportunities. In order to deal with uncertainties and to overcome challenges due to global financial crisis, service providers in the satellite IoT market are trying to re-establish their businesses with the help of advanced technological solutions. The increasing adoption of satellite IoT services in various end-use industries is driving the global market after the pandemic.

satellite iot market infographic

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Technological Advancements in Satellite IoT Services and Wireless Technology

The satellite IoT market is expected to cross US$ 6.14 Bn by 2031. The global satellite IoT market is projected to expand at a rapid pace during the forecast period, due to advancements in technologies across the globe. For intelligent data conversions, many businesses use satellite IoT services to track and monitor assets. It is a complex network of Internet services over satellite connections. Satellite IoT is used to provide security to different in various end-use industries by connecting with sensors and actuators to the Internet. Growth and advancement in wireless technology are factors driving the global satellite IoT market. In order to go beyond the limit of terrestrial infrastructure of the cellular technology, satellite IoT services are extremely beneficial. Satellite communication supports IoT applications in areas where cellular connectivity is not possible, such as deep sea, remote sites, and mining locations.

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Rise in Adoption of Satellite IoT Services in Various End-use Industries

The increasing adoption of satellite IoT services can be found in various industry verticals such as agriculture, healthcare, automobile, energy & utilities, oil & gas, military & defense, etc., creating value-grab opportunities for the market players. Due to the increasing efficiency to connect, monitor, and track assets in real time, many organizations and businesses are relying on satellite IoT services. The rising demand for better interaction and communication with the physical environment with the help of the smart technology is likely to boost the growth of the satellite IoT market during the forecast period. Safe logistic demands in various remote operations in different industries accelerate the demand for satellite IoT services. Heavy equipment manufacturing companies also remotely monitor their assets with the help of the satellite communication technology and give coverage on service & maintenance-related information in real time.

Increasing Presence of Satellite IoT Service Providers Globally

Iridium Communication, ORBCOMM, Inc., Inmarsat Global Limited, Global-star, and Airbus are some of the key players operating in the global satellite IoT market. The increasing competition among these players create better opportunities for the growth of the satellite IoT market. Market players are adopting technological advancements in IoT, which contribute to market expansion. Service providers in the satellite IoT market are focusing on overcoming challenges in the market. North America is expected to boost market growth, due to increasing adoption of satellite services in various industries such as transport and logistics, oil & gas, etc. to enhance productivity and reduce losses. Market contributors are focusing on low-cost and affordable satellite IoT services to cover the major areas of the planet.

satellite iot market segmentation

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Analysts’ Viewpoint

Due to rising applications of satellite IoT services in various end-use industries, there are lucrative opportunities for service providers to increase revenue streams. Market stakeholders are extending their services to gain a competitive edge after the COVID-19 pandemic. Industrial growth, increasing adoption of satellite communication for tracking and managing remote operations in various end-use industries such as oil & gas, agriculture, healthcare, etc. are expected to drive the satellite IoT market in the upcoming years. However, market contributors should focus on overcoming challenges in the global market through strategic approaches.

Satellite IoT Market: Overview

  • According to Transparency Market Research’s latest research report on the global satellite IoT market for the historical period 2017–2019 and the forecast period 2021–2031, increase in demand for connected devices for real-time monitoring and rise in deployment of satellites for terrestrial networks are major factors projected to drive the demand for satellite IoT during the forecast period
  • In terms of revenue, the global satellite IoT market is projected to cross US$ 6.14 Bn by 2031, expanding at a CAGR of 22% from 2021 to 2031
  • The global satellite IoT market has been segmented based on service type, frequency band, and end-use. In terms of service type, the direct-to-satellite services segment held the largest market share of 67.1% in 2020, owing to increase in use of high value IoT services such as tracking, tracing, logistics, banking, and performance monitoring for remote assets.
  • Based on frequency band, the L-band (1-2GHz) segment accounted for major market share of 41.6% in 2020. L-band is widely used for GPS tracking and monitoring of various assets in various end-use industries. It can also be used in dense environments such as fog and heavy rain.
  • In terms of end-use, the transportation & logistics segment held the largest market share of 27.16% in 2020. Satellite IoT is used in various industries to track parcels or consignments. Use of IoT in the agriculture sector is also rising at a rapid rate, owing to various benefits of real-time monitoring.

Increase in Reliance on IoT-enabled Services by Businesses: Key Driver

  • Reliance on Internet of Things (IoT) is increasing in both consumer and industrial segments, and new applications are emerging. In industrial IoT (IIoT), sensors are used to monitor, collect, and share data in industries such as manufacturing, automotive, healthcare, and agriculture.
  • Critical elements of the economy, such as global supply chain, can be managed remotely using IoT technology. For instance, trucks carrying perishable goods and ships can be monitored in real time. However, limited cellular coverage, which is only 15% of the planet, has induced technology developers to find ways to reach beyond the limits of terrestrial infrastructure.
  • Utility companies are turning to smart grids, and satellite enables them to extend this to more rural customers. IoT is an integral part of this, needed to facilitate automation and predictive maintenance.

Rise in Adoption of Satellite IoT in Various End-use Industries

  • Satellite IoT is expanding across several sectors, as companies around the world look to IoT to drive greater efficiencies and improve the resources handling through real-time monitoring of thousands of assets, which should lead to better asset utilization, reduced waste, increased output, and improved safety. Large number of organizations use IoT in some form or the other.

Satellite IoT Market: Competition Landscape

  • Detailed profiles of providers of satellite IoT have been provided in the report to evaluate their key financials, product offerings, recent developments, and strategies
  • Major players operating in the global satellite IoT market are
    • ORBCOMM, Inc.
    • Iridium Communication
    • Global-star
    • Inmarsat Global Limited
    • Astrocast
    • Airbus S.A.S
    • Intelsat Corporation, among others

Satellite IoT Market: Key Developments

  • Leading providers of satellite IoT, such as ORBCOMM, Inc., Iridium Communication, Global-star, Inmarsat Global Limited, Astrocast, Airbus S.A.S, and Intelsat Corporation focus on providing low cost affordable satellite IoT services covering major parts of the planet. Key developments in the global satellite IoT market have been highlighted below:
    • In July 2021, Airbus and OneWeb Satellites teamed up to design and manufacture up to 650 satellites for the OneWeb constellation, which will provide affordable high-speed Internet access across the globe
    • In 2021, Airbus, in partnership with SIGFOX, SYSMECA, and CEA-Leti, announced that it will develop MUSTANG, which will combine terrestrial and satellite communication technologies to enable devices to communicate across the globe
    • In March 2021, Allen Space launched the first satellite of the Sateliot constellation. The project hopes to have 100 small satellites to provide commercial Internet of Things (IoT) service with 5G coverage across the planet.
    • In June 2020, Globalstar, Inc. launched the ST100 Satellite Transmitter. This lightweight all-in-one commercial IoT board provides SATCOM integration capability for any OEM.
  • In the global satellite IoT market report, we have discussed individual strategies, followed by company profiles of providers of satellite IoT. The competition landscape section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global satellite IoT market.

Satellite IoT Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 737 Mn

Market Forecast Value in 2031

US$ 6.14 Bn

Growth Rate (CAGR)

22%

Forecast Period

2021–2031

Quantitative Units

US$ Mn for Value & Units for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, porters five forces analysis, supply chain analysis, parent industry overview, etc.

Competition Landscape

  • Market share analysis by company (2020)
  • Company profiles includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, key financials, etc.

Format

Electronic (PDF) or word + Excel

Market Segmentation

  • Service Type
    • Sat-IoT Backhaul Services
    • Direct to Satellite Services
  • Frequency Band
    • L-band
    • Ku- and Ka-band
    • S-Band
    • Others (X-band and C-band)
  • End-use
    • Agriculture
    • Oil & Gas
    • Automotive
    • Transportation & Logistics
    • Energy & Utilities
    • Healthcare
    • Military & Defense
    • Others

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Russia
  • Japan
  • China
  • India
  • South Korea
  • ASEAN
  • Brazil
  • Argentina
  • GCC Countries
  • South Africa
  • North Africa

Companies Profiled

  • ORBCOMM, Inc.
  • Iridium Communication
  • Globalstar
  • Inmarsat Global Limited
  • Astrocast
  • Airbus S.A.S
  • Intelsat Corporation
  • Thales Group
  • Swarm Technologies (Space X)
  • Eutelsat Communication SA
  • Alen Space
  • OQ Technology
  • Swarm Technologies
  • Northrop Grumman
  • Thuraya Telecommunication
  • Verizon Communications
  • Virgin Galactic
  • Vodafone Group plc

Customization Scope

Available upon request

Pricing

Available upon request

Satellite IoT Market – Segmentation

TMR’s study on the global satellite IoT market segments the market based on service type, frequency band, end-use industry, and region. Changing market trends and other crucial market dynamics associated with segments of the global satellite IoT market have been discussed in detail in TMR’s study.

Service Type
  • Sat-IoT Backhaul Services
  • Direct to Satellite Services
Frequency Band
  • L-band
  • Ku- and Ka-band
  • S-band
  • Others (X-band and C-band)
End-use
  • Agriculture
  • Oil & Gas
  • Automotive
  • Transportation & Logistics
  • Energy & Utilities
  • Healthcare
  • Military & Defense
  • Others
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

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Frequently Asked Questions

How big is the Satellite IoT Market?

Satellite IoT Market To Surpass Valuation Of US$ 6.14 Bn By 2031.

What is the growth rate of Satellite IoT Market?

The global satellite IoT market is estimated to expand at a CAGR of 22% from 2021 to 2031.

What are the factors driving the Satellite IoT Market?

Increase in demand for connected devices for real-time monitoring and rise in deployment of satellites for terrestrial networks are major factors projected to drive the demand for satellite IoT during the forecast period.

Which is the fastest growing segment, by end-user during the forecasted period in Satellite IoT Market?

In terms of end-use, the transportation & logistics segment held the largest market share of 27.16% in 2020. Satellite IoT is used in various industries to track parcels or consignments. Use of IoT in the agriculture sector is also rising at a rapid rate, owing to various benefits of real-time monitoring.

Who are the key companies/players in the Satellite IoT Market?

Key players operating in the global satellite IoT market are ORBCOMM, Inc., Iridium Communication, Globalstar, Inc., Inmarsat Global Limited, Astrocast, Airbus S.A.S, Intelsat Corporation, Thales Group, Swarm Technologies (Space X), Eutelsat Communication SA, Alen Space, OQ Technology, Swarm Technologies, Northrop Grumman, Thuraya Telecommunication, Verizon Communications, Virgin Galactic, and Vodafone Group plc.

1. Preface

    1.1. Market Introduction

    1.2. Market and Segments Definition

    1.3. Market Taxonomy

2. Assumptions and Research Methodology

    2.1. Research Methodology

    2.2. Assumption and Acronyms

3. Executive Summary

    3.1. Global Satellite IoT Market Analysis and Forecast

    3.2. Market Dynamics Snapshot

    3.3. Competition Blueprint

4. Market Overview

    4.1. Definition’s

    4.2. Technology Roadmap Analysis

    4.3. Forecast Factors

    4.4. Market Dynamics

        4.4.1. Supply Side Drivers

        4.4.2. Demand Side Drivers

        4.4.3. Restraints and Opportunities

    4.5. Ecosystem

    4.6. COVID-19 Impact Analysis

    4.7. Market Opportunity Assessment

    4.8. Analysis of Global Satellite IoT/M2M Devises (Million Units), 2017‒2031

    4.9. Competitive Scenario

5. Global Satellite IoT Market Analysis, by Service Type

    5.1. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Service Type, 2017‒2031

        5.1.1. Sat-IoT Backhaul Services

        5.1.2. Direct to Satellite Services

    5.2. Market Attractiveness Analysis, by Service Type

6. Global Satellite IoT Market Analysis, by Frequency Band

    6.1. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Frequency Band, 2017‒2031

        6.1.1. L-Band

        6.1.2. Ku and Ka -Band

        6.1.3. S-Band

        6.1.4. Others

    6.2. Market Attractiveness Analysis, by Frequency Band

7. Global Satellite IoT Market Analysis, by End-use

    7.1. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        7.1.1. Agriculture

        7.1.2. Oil & Gas

        7.1.3. Automotive

        7.1.4. Transportation & Logistics

        7.1.5. Energy & Utilities

        7.1.6. Healthcare

        7.1.7. Military & Defense

        7.1.8. Others

    7.2. Market Attractiveness Analysis, by End-use

8. Global Satellite IoT Market Analysis and Forecast, by Region

    8.1. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Region, 2017‒2031

        8.1.1. North America

        8.1.2. Europe

        8.1.3. Asia Pacific

        8.1.4. Middle East & Africa

        8.1.5. South America

    8.2. Market Attractiveness Analysis, by Region

9. North America Satellite IoT Market Analysis and Forecast

    9.1. Market Snapshot

    9.2. Key Trends Analysis

    9.3. Drivers and Restraints: Impact Analysis

    9.4. Pricing Analysis

    9.5. Key Regulations

    9.6. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Service Type, 2017‒2031

        9.6.1. Sat-IoT Backhaul Services

        9.6.2. Direct to Satellite Services

    9.7. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Frequency Band, 2017‒2031

        9.7.1. L-Band

        9.7.2. Ku- and Ka -Band

        9.7.3. S-Band

        9.7.4. Others

    9.8. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        9.8.1. Agriculture

        9.8.2. Oil & Gas

        9.8.3. Automotive

        9.8.4. Transportation & Logistics

        9.8.5. Energy & Utilities

        9.8.6. Healthcare

        9.8.7. Military & Defense

        9.8.8. Others

    9.9. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017‒2031

        9.9.1. U.S.

        9.9.2. Canada

        9.9.3. Rest of North America

    9.10. Market Attractiveness Analysis

        9.10.1. By Service Type

        9.10.2. By Frequency Band

        9.10.3. By End-use

        9.10.4. By Country & Sub-region

10. Europe Satellite IoT Market Analysis and Forecast

    10.1. Market Snapshot

    10.2. Key Trends Analysis

    10.3. Drivers and Restraints: Impact Analysis

    10.4. Pricing Analysis

    10.5. Key Regulations

    10.6. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Service Type, 2017‒2031

        10.6.1. Sat-IoT Backhaul Services

        10.6.2. Direct to Satellite Services

    10.7. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Frequency Band, 2017‒2031

        10.7.1. L-Band

        10.7.2. Ku- and Ka -Band

        10.7.3. S-Band

        10.7.4. Others

    10.8. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        10.8.1. Agriculture

        10.8.2. Oil & Gas

        10.8.3. Automotive

        10.8.4. Transportation & Logistics

        10.8.5. Energy & Utilities

        10.8.6. Healthcare

        10.8.7. Military & Defense

        10.8.8. Others

    10.9. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017‒2031

        10.9.1. U.K.

        10.9.2. Germany

        10.9.3. France

        10.9.4. Italy

        10.9.5. Russia

        10.9.6. Rest of Europe

    10.10. Market Attractiveness Analysis

        10.10.1. By Service Type

        10.10.2. By Frequency Band

        10.10.3. By End-use

        10.10.4. By Country & Sub-region

11. Asia Pacific Satellite IoT Market Analysis and Forecast

    11.1. Market Snapshot

    11.2. Key Trends Analysis

    11.3. Drivers and Restraints: Impact Analysis

    11.4. Pricing Analysis

    11.5. Key Regulations

    11.6. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Service Type, 2017‒2031

        11.6.1. Sat-IoT Backhaul Services

        11.6.2. Direct to Satellite Services

    11.7. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Frequency Band, 2017‒2031

        11.7.1. L-Band

        11.7.2. Ku- and Ka -Band

        11.7.3. S-Band

        11.7.4. Others

    11.8. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        11.8.1. Agriculture

        11.8.2. Oil & Gas

        11.8.3. Automotive

        11.8.4. Transportation & Logistics

        11.8.5. Energy & Utilities

        11.8.6. Healthcare

        11.8.7. Military & Defense

        11.8.8. Others

    11.9. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017‒2031

        11.9.1. China

        11.9.2. India

        11.9.3. Japan

        11.9.4. South Korea

        11.9.5. ASEAN

        11.9.6. Rest of Asia Pacific

    11.10. Market Attractiveness Analysis

        11.10.1. By Service Type

        11.10.2. By Frequency Band

        11.10.3. By End-use

        11.10.4. By Country & Sub-region

12. Middle East & Africa (MEA) Satellite IoT Market Analysis and Forecast

    12.1. Market Snapshot

    12.2. Key Trends Analysis

    12.3. Drivers and Restraints: Impact Analysis

    12.4. Pricing Analysis

    12.5. Key Regulations

    12.6. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Service Type, 2017‒2031

        12.6.1. Sat-IoT Backhaul Services

        12.6.2. Direct to Satellite Services

    12.7. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Frequency Band, 2017‒2031

        12.7.1. L-Band

        12.7.2. Ku- and Ka -Band

        12.7.3. S-Band

        12.7.4. Others

    12.8. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        12.8.1. Agriculture

        12.8.2. Oil & Gas

        12.8.3. Automotive

        12.8.4. Transportation & Logistics

        12.8.5. Energy & Utilities

        12.8.6. Healthcare

        12.8.7. Military & Defense

        12.8.8. Others

    12.9. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017‒2031

        12.9.1. GCC

        12.9.2. South Africa

        12.9.3. North Africa

        12.9.4. Rest of Middle East & Africa

    12.10. Market Attractiveness Analysis

        12.10.1. By Service Type

        12.10.2. By Frequency Band

        12.10.3. By End-use

        12.10.4. By Country & Sub-region

13. South America Satellite IoT Market Analysis and Forecast

    13.1. Market Snapshot

    13.2. Key Trends Analysis

    13.3. Drivers and Restraints: Impact Analysis

    13.4. Pricing Analysis

    13.5. Key Regulations

    13.6. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Service Type, 2017‒2031

        13.6.1. Sat-IoT Backhaul Services

        13.6.2. Direct to Satellite Services

    13.7. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Frequency Band, 2017‒2031

        13.7.1. L-Band

        13.7.2. Ku- and Ka -Band

        13.7.3. S-Band

        13.7.4. Others

    13.8. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        13.8.1. Agriculture

        13.8.2. Oil & Gas

        13.8.3. Automotive

        13.8.4. Transportation & Logistics

        13.8.5. Energy & Utilities

        13.8.6. Healthcare

        13.8.7. Military & Defense

        13.8.8. Others

    13.9. Satellite IoT Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017‒2031

        13.9.1. Brazil

        13.9.2. Argentina

        13.9.3. Rest of South America

    13.10. Market Attractiveness Analysis

        13.10.1. By Service Type

        13.10.2. By Frequency Band

        13.10.3. By End-use

        13.10.4. By Country & Sub-region

14. Competition Assessment

    14.1. Global Satellite IoT Market Competition Matrix - a Dashboard View

        14.1.1. Global Satellite IoT Market Company Share Analysis, by Value (2020)

        14.1.2. Technological Differentiator

15. Company Profiles (Manufacturers/Suppliers)

    15.1. ORBCOMM Inc.

        15.1.1. Overview

        15.1.2. Product Portfolio

        15.1.3. Sales Footprint

        15.1.4. Strategy and Recent Developments

        15.1.5. Key Financial

    15.2. Iridium Communication

        15.2.1. Overview

        15.2.2. Product Portfolio

        15.2.3. Sales Footprint

        15.2.4. Strategy and Recent Developments

        15.2.5. Key Financial

    15.3. Globalstar

        15.3.1. Overview

        15.3.2. Product Portfolio

        15.3.3. Sales Footprint

        15.3.4. Strategy and Recent Developments

        15.3.5. Key Financial

    15.4. Inmarsat Global Limited

        15.4.1. Overview

        15.4.2. Product Portfolio

        15.4.3. Sales Footprint

        15.4.4. Strategy and Recent Developments

        15.4.5. Key Financial

    15.5. Astrocast

        15.5.1. Overview

        15.5.2. Product Portfolio

        15.5.3. Sales Footprint

        15.5.4. Strategy and Recent Developments

        15.5.5. Key Financial

    15.6. Airbus S.A.S

        15.6.1. Overview

        15.6.2. Product Portfolio

        15.6.3. Sales Footprint

        15.6.4. Strategy and Recent Developments

        15.6.5. Key Financial

    15.7. Intelsat Corporation

        15.7.1. Overview

        15.7.2. Product Portfolio

        15.7.3. Sales Footprint

        15.7.4. Strategy and Recent Developments

        15.7.5. Key Financial

    15.8. Thales Group

        15.8.1. Overview

        15.8.2. Product Portfolio

        15.8.3. Sales Footprint

        15.8.4. Strategy and Recent Developments

        15.8.5. Key Financial

    15.9. Swarm Technologies (Space X)

        15.9.1. Overview

        15.9.2. Product Portfolio

        15.9.3. Sales Footprint

        15.9.4. Strategy and Recent Developments

        15.9.5. Key Financial

    15.10. Eutelsat Communication SA

        15.10.1. Overview

        15.10.2. Product Portfolio

        15.10.3. Sales Footprint

        15.10.4. Strategy and Recent Developments

        15.10.5. Key Financial

    15.11. Alen Space

        15.11.1. Overview

        15.11.2. Product Portfolio

        15.11.3. Sales Footprint

        15.11.4. Strategy and Recent Developments

        15.11.5. Key Financial

    15.12. OQ Technology

        15.12.1. Overview

        15.12.2. Product Portfolio

        15.12.3. Sales Footprint

        15.12.4. Strategy and Recent Developments

        15.12.5. Key Financial

    15.13. Swarm Technologies

        15.13.1. Overview

        15.13.2. Product Portfolio

        15.13.3. Sales Footprint

        15.13.4. Strategy and Recent Developments

        15.13.5. Key Financial

    15.14. Northrop Grumman

        15.14.1. Overview

        15.14.2. Product Portfolio

        15.14.3. Sales Footprint

        15.14.4. Strategy and Recent Developments

        15.14.5. Key Financial

    15.15. Thuraya Telecommunication

        15.15.1. Overview

        15.15.2. Product Portfolio

        15.15.3. Sales Footprint

        15.15.4. Strategy and Recent Developments

        15.15.5. Key Financial

    15.16. Verizon Communications

        15.16.1. Overview

        15.16.2. Product Portfolio

        15.16.3. Sales Footprint

        15.16.4. Strategy and Recent Developments

        15.16.5. Key Financial

    15.17. Virgin Galactic

        15.17.1. Overview

        15.17.2. Product Portfolio

        15.17.3. Sales Footprint

        15.17.4. Strategy and Recent Developments

        15.17.5. Key Financial

    15.18. Vodafone Group plc

        15.18.1. Overview

        15.18.2. Product Portfolio

        15.18.3. Sales Footprint

        15.18.4. Strategy and Recent Developments

        15.18.5. Key Financial

16. Key Takeaways

    16.1. Opportunity Assessment

        16.1.1. By Service Type

        16.1.2. By Frequency Band

        16.1.3. By End-use

        16.1.4. By Region

List of Tables

Table 01: Global Satellite IoT Market Value (US$ Mn) Forecast, by Service Type, Value (US$ Mn), 2017‒2031

Table 02: Global Satellite IoT Market Value (US$ Mn) Forecast, by Frequency Band, Value (US$ Mn), 2017‒2031

Table 03: Global Satellite IoT Market Value (US$ Mn) Forecast, by End-use, Value (US$ Mn), 2017‒2031

Table 04: Global Satellite IoT Market Value (US$ Mn) Forecast, by Region, Value (US$ Mn), 2017‒2031

Table 05: North America Satellite IoT Market Value (US$ Mn) Forecast, by Service type, Value (US$ Mn), 2017‒2031

Table 06: North America Satellite IoT Market Value (US$ Mn) Forecast, by Frequency Band, Value (US$ Mn), 2017‒2031

Table 07: North America Satellite IoT Market Value (US$ Mn) Forecast, by End-use, Value (US$ Mn), 2017‒2031

Table 08: North America Satellite IoT Market Value (US$ Mn) Forecast, by Country, Value (US$ Mn), 2017‒2031

Table 09: Asia Pacific Satellite IoT Market Value (US$ Mn) Forecast, by Service type, Value (US$ Mn), 2017‒2031

Table 10: Asia Pacific Satellite IoT Market Value (US$ Mn) Forecast, by Frequency Band, Value (US$ Mn), 2017‒2031

Table 11: Asia Pacific Satellite IoT Market Value (US$ Mn) Forecast, by End-use, Value (US$ Mn), 2017‒2031

Table 12: Asia Pacific Satellite IoT Market Value (US$ Mn) Forecast, by Country, Value (US$ Mn), 2017‒2031

Table 13: Europe Satellite IoT Market Value (US$ Mn) Forecast, by Service type, Value (US$ Mn), 2017‒2031

Table 14: Europe Satellite IoT Market Value (US$ Mn) Forecast, by Frequency Band, Value (US$ Mn), 2017‒2031

Table 15: Europe Satellite IoT Market Value (US$ Mn) Forecast, by End-use, Value (US$ Mn), 2017‒2031

Table 16: Europe Satellite IoT Market Value (US$ Mn) Forecast, by Country, Value (US$ Mn), 2017‒2031

Table 17: Middle East & Africa Satellite IoT Market Value (US$ Mn) Forecast, by Service type, Value (US$ Mn), 2017‒2031

Table 18: Middle East & Africa Satellite IoT Market Value (US$ Mn) Forecast, by Frequency Band, Value (US$ Mn), 2017‒2031

Table 19: Middle East & Africa Satellite IoT Market Value (US$ Mn) Forecast, by End-use, Value (US$ Mn), 2017‒2031

Table 20: Middle East & Africa Satellite IoT Market Value (US$ Mn) Forecast, by Country, Value (US$ Mn), 2017‒2031

Table 21: South America Satellite IoT Market Value (US$ Mn) Forecast, by Service type, Value (US$ Mn), 2017‒2031

Table 22: South America Satellite IoT Market Value (US$ Mn) Forecast, by Frequency Band, Value (US$ Mn), 2017‒2031

Table 23: South America Satellite IoT Market Value (US$ Mn) Forecast, by End-use, Value (US$ Mn), 2017‒2031

Table 24: South America Satellite IoT Market Value (US$ Mn) Forecast, by Country, Value (US$ Mn), 2017‒2031

List of Figures

Figure 01: Global Satellite IoT Market, Value (US$ Mn), 2017‒2031

Figure 02: Global Satellite IoT Market, Value (US$ Mn), Y-o-Y Growth, 2017‒2031

Figure 03: Global Satellite IoT Market Size & Forecast, by Service Type, Revenue (US$ Mn), 2017‒2031

Figure 04: Global Satellite IoT Market Attractiveness, by Service Type, Value (US$ Mn), 2021-2031

Figure 05: Global Satellite IoT Market Share Analysis, by Service Type, 2021 and 2031

Figure 07: Global Satellite IoT Market Size & Forecast, by Frequency Band, Revenue (US$ Mn), 2017‒2031

Figure 08: Global Satellite IoT Market Attractiveness, by Frequency Band, Value (US$ Mn), 2021-2031

Figure 09: Global Satellite IoT Market Share Analysis, by Frequency Band, 2021 and 2031

Figure 10: Global Satellite IoT Market Size & Forecast, by End-use, Revenue (US$ Mn), 2017‒2031

Figure 11: Global Satellite IoT Market Attractiveness, by End-use, Value (US$ Mn), 2021-2031

Figure 12: Global Satellite IoT Market Share Analysis, by End-use, 2021 and 2031

Figure 13: Global Satellite IoT Market Size & Forecast, by Region, Revenue (US$ Mn), 2017‒2031

Figure 14: Global Satellite IoT Market Attractiveness, by Region, Value (US$ Mn), 2021-2031

Figure 15: Global Satellite IoT Market Share Analysis, by Region, 2021 and 2031

Figure 16: North America Satellite IoT Market, Value (US$ Mn), 2017‒2031

Figure 17: North America Satellite IoT Market, Value (US$ Mn), 2017‒2031 (YoY Growth)

Figure 18: North America Satellite IoT Market Size & Forecast, by Service Type, Revenue (US$ Mn), 2017‒2031

Figure 19: North America Satellite IoT Market Attractiveness, by Service Type, Value (US$ Mn), 2021-2031

Figure 20: North America Satellite IoT Market Share Analysis, by Service Type, 2021 and 2031

Figure 21: North America Satellite IoT Market Size & Forecast, by Frequency Band, Revenue (US$ Mn), 2017‒2031

Figure 22: North America Satellite IoT Market Attractiveness, by Frequency Band, Value (US$ Mn), 2021-2031

Figure 23: North America Satellite IoT Market Share Analysis, by Frequency Band, 2021 and 2031

Figure 24: North America Satellite IoT Market Size & Forecast, by End-use, Revenue (US$ Mn), 2017‒2031

Figure 25: North America Satellite IoT Market Attractiveness, by End-use, Value (US$ Mn), 2021-2031

Figure 26: North America Satellite IoT Market Share Analysis, by End-use, 2021 and 2031

Figure 27: North America Satellite IoT Market Size & Forecast, by Country, Revenue (US$ Mn), 2017‒2031

Figure 28: North America Satellite IoT Market Attractiveness, by Country, Value (US$ Mn), 2021-2031

Figure 29: North America Satellite IoT Market Share Analysis, by Country, 2021 and 2031

Figure 30: Europe Satellite IoT Market, Value (US$ Mn), 2017‒2031

Figure 31: Europe Satellite IoT Market, Value (US$ Mn), 2017‒2031 (YoY Growth)

Figure 32: Europe Satellite IoT Market Size & Forecast, by Service Type, Revenue (US$ Mn), 2017‒2031

Figure 33: Europe Satellite IoT Market Attractiveness, by Service Type, Value (US$ Mn), 2021-2031

Figure 34: Europe Satellite IoT Market Share Analysis, by Service Type, 2021 and 2031

Figure 35: Europe Satellite IoT Market Size & Forecast, by Frequency Band, Revenue (US$ Mn), 2017‒2031

Figure 36: Europe Satellite IoT Market Attractiveness, by Frequency Band, Value (US$ Mn), 2021-2031

Figure 37: Europe Satellite IoT Market Share Analysis, by Frequency Band, 2021 and 2031

Figure 38: Europe Satellite IoT Market Size & Forecast, by End-use, Revenue (US$ Mn), 2017‒2031

Figure 39: Europe Satellite IoT Market Attractiveness, by End-use, Value (US$ Mn), 2021-2031

Figure 40: Europe Satellite IoT Market Share Analysis, by End-use, 2021 and 2031

Figure 41: Europe Satellite IoT Market Size & Forecast, by Country, Revenue (US$ Mn), 2017‒2031

Figure 42: Europe Satellite IoT Market Attractiveness, by Country, Value (US$ Mn), 2021-2031

Figure 43: Europe Satellite IoT Market Share Analysis, by Country, 2021 and 2031

Figure 44: Asia Pacific Satellite IoT Market, Value (US$ Mn), 2017‒2031

Figure 45: Asia Pacific Satellite IoT Market, Value (US$ Mn), 2017‒2031 (YoY Growth)

Figure 46: Asia Pacific Satellite IoT Market Size & Forecast, by Service Type, Revenue (US$ Mn), 2017‒2031

Figure 47: Asia Pacific Satellite IoT Market Attractiveness, by Service Type, Value (US$ Mn), 2021-2031

Figure 48: Asia Pacific Satellite IoT Market Share Analysis, by Service Type, 2021 and 2031

Figure 49: Asia Pacific Satellite IoT Market Size & Forecast, by Frequency Band, Revenue (US$ Mn), 2017‒2031

Figure 50: Asia Pacific Satellite IoT Market Attractiveness, by Frequency Band, Value (US$ Mn), 2021-2031

Figure 51: Asia Pacific Satellite IoT Market Share Analysis, by Frequency Band, 2021 and 2031

Figure 52: Asia Pacific Satellite IoT Market Size & Forecast, by End-use, Revenue (US$ Mn), 2017‒2031

Figure 53: Asia Pacific Satellite IoT Market Attractiveness, by End-use, Value (US$ Mn), 2021-2031

Figure 54: Asia Pacific Satellite IoT Market Share Analysis, by End-use, 2021 and 2031

Figure 55: Asia Pacific Satellite IoT Market Size & Forecast, by Country, Revenue (US$ Mn), 2017‒2031

Figure 56: Asia Pacific Satellite IoT Market Attractiveness, by Country, Value (US$ Mn), 2021-2031

Figure 57: Asia Pacific Satellite IoT Market Share Analysis, by Country, 2021 and 2031

Figure 58: Middle East & Africa Satellite IoT Market, Value (US$ Mn), 2017‒2031

Figure 59: Middle East & Africa Satellite IoT Market, Value (US$ Mn), 2017‒2031 (YoY Growth)

Figure 60: Middle East & Africa Satellite IoT Market Size & Forecast, by Service Type, Revenue (US$ Mn), 2017‒2031

Figure 61: Middle East & Africa Satellite IoT Market Attractiveness, by Service Type, Value (US$ Mn), 2021-2031

Figure 62: Middle East & Africa Satellite IoT Market Share Analysis, by Service Type, 2021 and 2031

Figure 63: Middle East & Africa Satellite IoT Market Size & Forecast, by Frequency Band, Revenue (US$ Mn), 2017‒2031

Figure 64: Middle East & Africa Satellite IoT Market Attractiveness, by Frequency Band, Value (US$ Mn), 2021-2031

Figure 65: Middle East & Africa Satellite IoT Market Share Analysis, by Frequency Band, 2021 and 2031

Figure 66: Middle East & Africa Satellite IoT Market Size & Forecast, by End-use, Revenue (US$ Mn), 2017‒2031

Figure 67: Middle East & Africa Satellite IoT Market Attractiveness, by End-use, Value (US$ Mn), 2021-2031

Figure 68: Middle East & Africa Satellite IoT Market Share Analysis, by End-use, 2021 and 2031

Figure 69: Middle East & Africa Satellite IoT Market Size & Forecast, by Country, Revenue (US$ Mn), 2017‒2031

Figure 70: Middle East & Africa Satellite IoT Market Attractiveness, by Country, Value (US$ Mn), 2021-2031

Figure 71: Middle East & Africa Satellite IoT Market Share Analysis, by Country, 2021 and 2031

Figure 72: South America Satellite IoT Market, Value (US$ Mn), 2017‒2031

Figure 73: South America Satellite IoT Market, Value (US$ Mn), 2017‒2031 (YoY Growth)

Figure 74: South America Satellite IoT Market Size & Forecast, by Service Type, Revenue (US$ Mn), 2017‒2031

Figure 75: South America Satellite IoT Market Attractiveness, by Service Type, Value (US$ Mn), 2021-2031

Figure 76: South America Satellite IoT Market Share Analysis, by Service Type, 2021 and 2031

Figure 77: South America Satellite IoT Market Size & Forecast, by Frequency Band, Revenue (US$ Mn), 2017‒2031

Figure 78: South America Satellite IoT Market Attractiveness, by Frequency Band, Value (US$ Mn), 2021-2031

Figure 79: South America Satellite IoT Market Share Analysis, by Frequency Band, 2021 and 2031

Figure 80: South America Satellite IoT Market Size & Forecast, by End-use, Revenue (US$ Mn), 2017‒2031

Figure 81: South America Satellite IoT Market Attractiveness, by End-use, Value (US$ Mn), 2021-2031

Figure 82: South America Satellite IoT Market Share Analysis, by End-use, 2021 and 2031

Figure 83: South America Satellite IoT Market Size & Forecast, by Country, Revenue (US$ Mn), 2017‒2031

Figure 84: South America Satellite IoT Market Attractiveness, by Country, Value (US$ Mn), 2021-2031

Figure 85: South America Satellite IoT Market Share Analysis, by Country, 2021 and 2031

Figure 86: Global Satellite IoT Satellite IoT Market Share Analysis, by Company

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