Satellite-enabled IoT Market

A satellite is an artificial or man-made object that revolves around Earth. It provides a bird's eye view of large areas of Earth at the same time. It can collect more data at a quicker pace than the instruments on the ground. The global satellite-enabled Internet of Things (IOT) market revolves around satellite-based services, which are or will be utilized by billions of IOT components or devices on the surface of Earth.



Scope of the Report:

Satellite-enabled IoT Market studies the Satellite-enabled IoT market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; Satellite-enabled IoT Market analyzes the top players in global market, and splits the Satellite-enabled IoT market by product type and applications/end industries.

The military-based segment will account for the major shares of the satellite-enabled IoT market throughout the forecast period. The increasing need for mobile connectivity in remote areas and isolated terrains increases the demand for satellite-enabled IoT tools such as GPS systems, tracking devices, health and personnel monitoring devices, just-in-time equipment maintenance, and IoT technologies to support tactical reconnaissance and enhance mission reliability and security.

Americas is witnessing an increase in government initiatives in manufacturing satellites with the aid of 3D printing and the launch of technologically advanced satellites that provide inherent network redundancy and minimize the line-of-sight issues for continuous global coverage. The high frequency of each satellite signals enhances message delivery. This market study estimates that the Americas will be the major revenue contributor to the satellite-enabled IoT market throughout the forecast period.

The global Satellite-enabled IoT market is valued at xx million USD in 2021 and is expected to reach xx million USD by the end of 2027, growing at a CAGR of xx% between 2021 and 2027.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Satellite-enabled IoT.

Europe also play important roles in global market, with market size of xx million USD in 2021 and will be xx million USD in 2027, with a CAGR of xx%.



Market Segment by Companies, Satellite-enabled IoT Market covers

Eutelsat

Inmarsat

MDA Information Systems

Orbital ATK

SES

Lockheed Martin

SpaceX

Thales Alenia Space

Thuraya

NanoAvionics

Kepler Communications



Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)



Market Segment by Type, covers

Military-based IoT

Business-based IoT



Market Segment by Applications, can be divided into

Defense and Military

Civilian