Satellite-enabled IoT market

Satellite-enabled IoT Market Size, Shares - Global Outlook and Forecast 2022-2028

  • 09 January 2022
  • ICT & Media
  • 66 Pages
  • Report code : PMR-6700194

  • 4.7 (158)

Satellite-enabled IoT Market

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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.

Satellite-enabled IoT Market contains market size and forecasts of Satellite-enabled IoT in Global, including the following market information:

Global Satellite-enabled IoT Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Satellite-enabled IoT market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Military-based IoT Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Satellite-enabled IoT include Eutelsat, Inmarsat, MDA Information Systems, Northrop Grumman, SES, Lockheed Martin, SpaceX, Thales Alenia Space and Thuraya, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Satellite-enabled IoT companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Satellite-enabled IoT Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Satellite-enabled IoT Market Segment Percentages, by Type, 2021 (%)

Military-based IoT

Business-based IoT

Global Satellite-enabled IoT Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Satellite-enabled IoT Market Segment Percentages, by Application, 2021 (%)

Defense and Military

Civilian

Global Satellite-enabled IoT Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Satellite-enabled IoT Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Satellite-enabled IoT revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Satellite-enabled IoT revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Eutelsat

Inmarsat

MDA Information Systems

Northrop Grumman

SES

Lockheed Martin

SpaceX

Thales Alenia Space

Thuraya

NanoAvionics

Kepler Communications

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