Satellite IoT Market

Global Satellite IoT Market Size, Trends & Analysis - Forecasts to 2028 By Service Type (Satellite IoT Backhaul and Direct-to-satellite), By Frequency Band (L-Band, Ku and Ka-Band, and S-band), By Organization Size (Large Enterprises and Small and Medium Sized Enterprises), and By Region (North America, Asia Pacific, Central & South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Electronics, Semiconductors and Information & Communication Technology
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This report was recently updated on May 12 2024 with the latest and most recent market numbers

Global Satellite IoT Market Size

The global satellite IoT market is expected to grow at a CAGR of 21.9% from 2023 to 2028.  An IoT subcategory known as satellite IoT uses satellite communications to increase the range of cellular coverage and enable remote asset monitoring, tracking, and management.

The main drivers of the global satellite IoT market growth include the growing demand for remote sensing and the penetration of IoT devices. Satellite IoT networks assist in data collection from remote and inaccessible locations such as forests and rural areas. This data includes environmental parameters, weather conditions, and more. They are also cost-effective as they do not require on-site professionals and manned devices. They are sustainable as they have a long battery life and can run on low power.

The global satellite IoT market also has its restraints. There are high initial costs to develop the satellite, along with its deployment, training, and hiring of skilled professionals. Certain licensing and regulatory concerns can delay its deployment.

 global satellite iot market

Global Satellite IoT Market: By Service Type

Based on service type, the market is segmented into satellite IoT backhaul and direct-to-satellite. Direct-to-satellite segment dominated the market in 2022 and is anticipated to retain its dominance during the forecast period. The demand is driven by factors such as IoT devices allow to communicate directly with satellites without the need for ground satellite stations or terrestrial infrastructure. It is beneficial for real time monitoring such as emergency responses and remote industrial operations.

Satellite IoT backhaul is expected to exhibit the highest growth rate in the forecast period. It connects remote IoT devices to the internet or a central server. It helps provide a network in areas without enough connectivity or support from the ground level.

Global Satellite IoT Market: By Frequency Band

Based on frequency band, the market is segmented into L-band, Ku and Ka-band, and S-band. Ka and Ku-band segment is expected to be the dominant segment during the forecast period. The growth of the segment is attributed to its significant applications in satellite communication, mainly for broadcast and aerospace. They are known to have an increased spectrum and a wide beam coverage.

The La band is projected to witness the fastest growth over the forecast period. This is mainly because its network does not get affected by rainfall. It can enhance IoT data transmission via satellite and IoT sensors in space. This drives the demand for La band.

Global Satellite IoT Market: By Organization Size

Based on organization size, the market is segmented into large enterprises and SMEs. Large enterprises segment is expected to hold the largest share of the market during the forecast period. This is because larger organizations are backed by government and do not have major licensing issues. They have access to greater capital resources. This assists the larger organization to create satellite and other aiding services without many barriers.

The SMEs segment is expected to have the fastest growth in the forecast period. The licensing and regulations regarding space and satellite are being relaxed and government partnerships or public private partnerships are being extended towards the smaller firms. This can help expand the awareness and usage of satellite IoT. For instance, the International Space Station (ISS) National Laboratory is a public-private partnership model that is working in space.

asia pacific satellite iot market

Global Satellite IoT Market: By Region

North America is analysed to be the largest region in the global satellite IoT market during the forecast period. The growth is attributed to the region's well-developed space market and investment of resources in space research and technology. Running of several space programs is also driving the market growth in the region.

Asia Pacific is projected to be the fastest growing region across the global satellite IoT market. Countries like India and China have a robust space program. Private IoT satellite providers are also gaining importance in the market in the form of collaborations and partnerships with the government. Furthermore, emerging economies of Asia have focus on agriculture and are developing methods on precision agriculture, which is possible with satellite IoT technology and improved connectivity. Satellite-based asset monitoring and IoT satellite data analytics are fast emerging sectors.

Global Satellite IoT Market Share and Competitor Analysis

The key players operating in the market are Orbcomm, Iridium Communications, Globalstar, Inmarsat Global, Airbus, I.M.T. SRL, and Fleetspace Technologies, among others.  

Please note: This is not an exhaustive list of companies profiled in the report.

Recent Developments

In July 2023, Fleet Space Technologies acquired the frequency of assets of a Luxembourg-based company, giving it effective operational control over an existing frequency filing.

On September 6, 2023, Inmarsat Government, now part of Viasat, USA, was awarded with a Proliferated Low Earth Orbit (PLEO) Satellite-Based Services (SBS) contract by the U.S. Defense Information Systems Agency (DISA).         

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL SATELLITE IOT  MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL SATELLITE IOT MARKET, BY SERVICE TYPE

4.1   Introduction

4.2   Satellite IoT Market: Service Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2022 & 2028

4.4   Satellite IoT Backhaul

4.4.1        Satellite IoT Backhaul Market Estimates and Forecast, 2020-2028 (USD Million)

4.5   Direct-to-satellite

4.5.1        Direct-to-satellite Market Estimates and Forecast, 2020-2028 (USD Million)

5          GLOBAL SATELLITE IOT MARKET, BY FREQUENCY BAND

5.1   Introduction

5.2   Satellite IoT Market: Frequency Band Scope Key Takeaways

5.3   Revenue Growth Analysis, 2022 & 2028

5.4   L-Band

5.4.1        L-Band Market Estimates and Forecast, 2020-2028 (USD Million)

5.5   Ku and Ka-Band

5.5.1        Ku and Ka-Band Market Estimates and Forecast, 2020-2028 (USD Million)

5.6   S-Band

5.6.1        S-Band Market Estimates and Forecast, 2020-2028 (USD Million)

6          GLOBAL SATELLITE IOT MARKET, BY ORGANIZATION SIZE

6.1   Introduction

6.2   Satellite IoT Market: Organization Size Scope Key Takeaways

6.3   Revenue Growth Analysis, 2022 & 2028

6.4   Large Enterprises

6.4.1        Large Enterprises Market Estimates and Forecast, 2020-2028 (USD Million)

6.5   SMEs

6.5.1        SMEs Market Estimates and Forecast, 2020-2028 (USD Million)

7          GLOBAL SATELLITE IOT MARKET, BY REGION

7.1   Introduction

7.2   North America Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.1        By Service Type

7.2.2        By Frequency Band

7.2.3        By Organization Size

7.2.4        By Country

7.2.4.1     U.S. Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.1.1        By Service Type

7.2.4.1.2        By Frequency Band

7.2.4.1.3        By Organization Size

7.2.4.2     Canada Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.2.1        By Service Type

7.2.4.2.2        By Frequency Band

7.2.4.2.3        By Organization Size

7.2.4.3     Mexico Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.3.1        By Service Type

7.2.4.3.2        By Frequency Band

7.2.4.3.3        By Organization Size

7.3   Europe Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.1        By Service Type

7.3.2        By Frequency Band

7.3.3        By Organization Size

7.3.4        By Country

7.3.4.1     Germany Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.1.1        By Service Type

7.3.4.1.2        By Frequency Band

7.3.4.1.3        By Organization Size

7.3.4.2     U.K. Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.2.1        By Service Type

7.3.4.2.2        By Frequency Band

7.3.4.2.3        By Organization Size

7.3.4.3     France Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.3.1        By Service Type

7.3.4.3.2        By Frequency Band

7.3.4.3.3        By Organization Size

7.3.4.4     Italy Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.4.1        By Service Type

7.3.4.4.2        By Frequency Band

7.2.4.4.3        By Organization Size

7.3.4.5     Spain Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.5.1        By Service Type

7.3.4.5.2        By Frequency Band

7.2.4.5.3        By Organization Size

7.3.4.6     Netherlands Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.6.1        By Service Type

7.3.4.6.2        By Frequency Band

7.2.4.6.3        By Organization Size

7.3.4.7     Rest of Europe Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.7.1        By Service Type

7.3.4.7.2        By Frequency Band

7.2.4.7.3        By Organization Size

7.4   Asia Pacific Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.1        By Service Type

7.4.2        By Frequency Band

7.4.3        By Organization Size

7.4.4        By Country

7.4.4.1     China Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.1.1        By Service Type

7.4.4.1.2        By Frequency Band

7.4.4.1.3        By Organization Size

7.4.4.2     Japan Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.2.1        By Service Type

7.4.4.2.2        By Frequency Band

7.4.4.2.3        By Organization Size

7.4.4.3     India Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.3.1        By Service Type

7.4.4.3.2        By Frequency Band

7.4.4.3.3        By Organization Size

7.4.4.4     South Korea Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.4.1        By Service Type

7.4.4.4.2        By Frequency Band

7.4.4.4.3        By Organization Size

7.4.4.5     Singapore Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.5.1        By Service Type

7.4.4.5.2        By Frequency Band

7.4.4.5.3        By Organization Size

7.4.4.6     Malaysia Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.6.1        By Service Type

7.4.4.6.2        By Frequency Band

7.4.4.6.3        By Organization Size

7.4.4.7     Thailand Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.7.1        By Service Type

7.4.4.7.2        By Frequency Band

7.4.4.7.3        By Organization Size

7.4.4.8     Indonesia Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.8.1        By Service Type

7.4.4.8.2        By Frequency Band

7.4.4.8.3        By Organization Size

7.4.4.9     Vietnam Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.9.1        By Service Type

7.4.4.9.2        By Frequency Band

7.4.4.9.3        By Organization Size

7.4.4.10  Taiwan Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.10.1 By Service Type

7.4.4.10.2 By Frequency Band

7.4.4.10.3 By Organization Size

7.4.4.11  Rest of Asia Pacific Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.11.1 By Service Type

7.4.4.11.2 By Frequency Band

7.4.4.11.3 By Organization Size

7.5   Middle East and Africa Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.1        By Service Type

7.5.2        By Frequency Band

7.5.3        By Organization Size

7.5.4        By Country

7.5.4.1     Saudi Arabia Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.1.1        By Service Type

7.5.4.1.2        By Frequency Band

7.5.4.1.3        By Organization Size

7.5.4.2     U.A.E. Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.2.1        By Service Type

7.5.4.2.2        By Frequency Band

7.5.4.2.3        By Organization Size

7.5.4.3     Israel Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.3.1        By Service Type

7.5.4.3.2        By Frequency Band

7.5.4.3.3        By Organization Size

7.5.4.4     South Africa Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.4.1        By Service Type

7.5.4.4.2        By Frequency Band

7.5.4.4.3        By Organization Size

7.5.4.5     Rest of Middle East and Africa Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.5.1        By Service Type

7.5.4.5.2        By Frequency Band

7.5.4.5.2        By Organization Size

7.6   Central & South America Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.1        By Service Type

7.6.2        By Frequency Band

7.6.3        By Organization Size

7.6.4        By Country

7.6.4.1     Brazil Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.1.1        By Service Type

7.6.4.1.2        By Frequency Band

7.6.4.1.3        By Organization Size

7.6.4.2     Argentina Eaporative Air Cooler Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.2.1        By Service Type

7.6.4.2.2        By Frequency Band

7.6.4.2.3        By Organization Size

7.6.4.3     Chile Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.3.1        By Service Type

7.6.4.3.2        By Frequency Band

7.6.4.3.3        By Organization Size

7.6.4.4     Rest of Central & South America Satellite IoT Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.4.1        By Service Type

7.6.4.4.2        By Frequency Band

7.6.4.4.3        By Organization Size

8          COMPETITIVE LANDCAPE

8.1   Company Market Share Analysis

8.2   Four Quadrant Positioning Matrix

8.2.1        Market Leaders

8.2.2        Market Visionaries

8.2.3        Market Challengers

8.2.4        Niche Market Players

8.3   Vendor Landscape

8.3.1        North America

8.3.2        Europe

8.3.3        Asia Pacific

8.3.4        Rest of the World

8.4   Company Profiles  

8.4.1        Orbcomm

8.4.1.1 Business Description & Financial Analysis

8.4.1.2 SWOT Analysis

8.4.1.3 Products & Services Offered

8.4.1.4 Strategic Alliances between Business Partners

8.4.2        Iridium Communication

8.4.2.1 Business Description & Financial Analysis

8.4.2.2 SWOT Analysis

8.4.2.3 Products & Services Offered

8.4.2.4 Strategic Alliances between Business Partners

8.4.3        Globalstar

8.4.3.1 Business Description & Financial Analysis

8.4.3.2 SWOT Analysis

8.4.3.3 Products & Services Offered

8.4.3.4 Strategic Alliances between Business Partners

8.4.4        Astrocast

8.4.4.1 Business Description & Financial Analysis

8.4.4.2 SWOT Analysis

8.4.4.3 Products & Services Offered

8.4.4.4 Strategic Alliances between Business Partners

8.4.5        Inmarsat

8.4.5.1 Business Description & Financial Analysis

8.4.5.2 SWOT Analysis

8.4.5.3 Products & Services Offered

8.4.5.4 Strategic Alliances between Business Partners

8.4.6        I.M.T. SRL

8.4.6.1 Business Description & Financial Analysis

8.4.6.2 SWOT Analysis

8.4.6.3 Products & Services Offered

8.4.6.4 Strategic Alliances between Business Partners

8.4.7        Airbus  

8.4.7.1 Business Description & Financial Analysis

8.4.7.2 SWOT Analysis

8.4.7.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.8        Thuraya

8.4.8.1 Business Description & Financial Analysis

8.4.8.2 SWOT Analysis

8.4.8.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.9        Fleetspace Technologies

8.4.9.1 Business Description & Financial Analysis

8.4.9.2 SWOT Analysis

8.4.9.3 Products & Services Offered

8.4.9.4 Strategic Alliances between Business Partners

8.4.10       Fossa Systems

8.4.10.1 Business Description & Financial Analysis

8.4.10.2 SWOT Analysis

8.4.10.3 Products & Services Offered

8.4.10.4 Strategic Alliances between Business Partners

8.4.11      Other Companies

8.4.11.1 Business Description & Financial Analysis

8.4.11.2 SWOT Analysis

8.4.11.3 Products & Services Offered

8.4.11.4 Strategic Alliances between Business Partners

9          RESEARCH METHODOLOGY

9.1   Market Introduction

9.1.1        Market Definition

9.1.2        Market Scope & Segmentation

9.2   Information Procurement

9.2.1        Secondary Research

9.2.1.1 Purchased Databases

9.2.1.2 GMEs Internal Data Repository

9.2.1.3 Secondary Resources & Third Party Perspectives

9.2.1.4 Company Information Sources

9.2.2        Primary Research

9.2.2.1 Various Types of Respondents for Primary Interviews

9.2.2.2 Number of Interviews Conducted throughout the Research Process

9.2.2.3 Primary Stakeholders

9.2.2.4 Discussion Guide for Primary Participants

9.2.3        Expert Panels

9.2.3.1 Expert Panels Across 30+ Industry

9.2.4        Paid Local Experts

9.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

9.3   Market Estimation

9.3.1        Top-Down Approach

9.3.1.1 Macro-Economic Indicators Considered

9.3.1.2 Micro-Economic Indicators Considered

9.3.2        Bottom Up Approach

9.3.2.1 Company Share Analysis Approach

9.3.2.2 Estimation of Potential Product Sales

9.4   Data Triangulation

9.4.1        Data Collection

9.4.2        Time Series, Cross Sectional & Panel Data Analysis

9.4.3        Cluster Analysis

9.5   Analysis and Output

9.5.1        Inhouse AI Based Real Time Analytics Tool

9.5.2        Output From Desk & Primary Research

9.6   Research Assumptions & Limitations

9.7.1        Research Assumptions

9.7.2        Research Limitations

LIST OF TABLES

1 Global Satellite IoT Market, By Service Type, 2020-2028 (USD Mllion)

2 Satellite IoT Backhaul Market, By Region, 2020-2028 (USD Mllion)             

3 Direct-to-satellite Market, By Region, 2020-2028 (USD Mllion)     

4 Tower Cooler Market, By Region, 2020-2028 (USD Mllion) 

5 Personal Cooler Market, By Region, 2020-2028 (USD Mllion)

6 Global Satellite IoT Market, By Frequency Band, 2020-2028 (USD Mllion)              

7 L-Band Market, By Region, 2020-2028 (USD Mllion)

8 Ku and Ka-Band Market, By Region, 2020-2028 (USD Mllion)

9 Global Satellite IoT Market, By Organization Size, 2020-2028 (USD Mllion)

10 Large Enterprises Market, By Region, 2020-2028 (USD Mllion)       

11 SMEs Market, By Region, 2020-2028 (USD Mllion)    

12 Online Stores Market, By Region, 2020-2028 (USD Mllion)

13 Others Market, By Region, 2020-2028 (USD Mllion)

14 Regional Analysis, 2020-2028 (USD Mllion)

15 North America Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

16 North America Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

17 North America Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

18 North America Satellite IoT Market, By Country, 2020-2028 (USD Million)

19 U.S Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

20 U.S Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

21 U.S Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

22 Canada Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

23 Canada Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

24 Canada Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

25 Mexico Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

26 Mexico Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

27 Mexico Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

28 Europe Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

29 Europe Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

30 Europe Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

31 Germany Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

32 Germany Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

33 Germany Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

34 UK Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

35 UK Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

36 UK Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

37 France Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

38 France Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

39 France Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

40 Italy Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

41 Italy Satellite IoT Market, By T End Use Type, 2020-2028 (USD Million)

42 Italy Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

43 Spain Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

44 Spain Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

45 Spain Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

46 Rest Of Europe Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

47 Rest Of Europe Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

48 Rest of Europe Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

49 Asia Pacific Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

50 Asia Pacific Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

51 Asia Pacific Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

52 Asia Pacific Satellite IoT Market, By Country, 2020-2028 (USD Million)

53 China Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

54 China Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

55 China Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

56 India Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

57 India Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

58 India Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

59 Japan Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

60 Japan Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

61 Japan Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

62 South Korea Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

63 South Korea Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

64 South Korea Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

65 Middle East and Africa Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

66 Middle East and Africa Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

67 Middle East and Africa Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

68 Middle East and Africa Satellite IoT Market, By Country, 2020-2028 (USD Million)

69 Saudi Arabia Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

70 Saudi Arabia Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

71 Saudi Arabia Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

72 UAE Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

73 UAE Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

74 UAE Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

75 Central & South America Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

76 Central & South America Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

77 Central & South America Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

78 Central & South America Satellite IoT Market, By Country, 2020-2028 (USD Million)

79 Brazil Satellite IoT Market, By Service Type, 2020-2028 (USD Million)

80 Brazil Satellite IoT Market, By Frequency Band, 2020-2028 (USD Million)

81 Brazil Satellite IoT Market, By Organization Size, 2020-2028 (USD Million)

82 Orbcomm: Products & Services Offering

83 Iridium Communication: Products & Services Offering     

84 Globalstar: Products & Services Offering

85 Astrocast: Products & Services Offering   

86 Inmarsat: Products & Services Offering     

87 I.M.T. SRL: Products & Services Offering      

88 Airbus : Products & Services Offering         

89 Thuraya: Products & Services Offering       

90 Fleetspace Technologies: Products & Services Offering  

91  Fossa Systems: Products & Services Offering        

92 Other Companies: Products & Services Offering    

LIST OF FIGURES

1 Global Satellite IoT Market Overview

2 Global Satellite IoT Market Value From 2020-2028 (USD Mllion)

3 Global Satellite IoT Market Share, By Service Type (2022)

4 Global Satellite IoT Market Share, By Frequency Band (2022)

5 Global Satellite IoT Market Share, By Organization Size (2022)

6 Global Satellite IoT Market, By Region (Asia Pacific Market)

7 Technological Trends In Global Satellite IoT Market

8 Four Quadrant Competitor Positioning Matrix

9 Impact Of Macro & Micro Indicators On The Market

10 Impact Of Key Drivers On The Global Satellite IoT Market

11 Impact Of Challenges On The Global Satellite IoT Market

12 Porter’s Five Forces Analysis

13 Global Satellite IoT Market: By Service Type Scope Key Takeaways

14 Global Satellite IoT Market, By Service Type Segment: Revenue Growth Analysis

15 Satellite IoT Backhaul Market, By Region, 2020-2028 (USD Mllion) 

16 Direct-to-satellite Market, By Region, 2020-2028 (USD Mllion)

17 Tower Cooler Market, By Region, 2020-2028 (USD Mllion)

18 Personal Cooler Market, By Region, 2020-2028 (USD Mllion)           

19 Global Satellite IoT Market: By Frequency Band Scope Key Takeaways

20 Global Satellite IoT Market, By Frequency Band Segment: Revenue Growth Analysis

21 L-Band Market, By Region, 2020-2028 (USD Mllion)   

22 Ku and Ka-Band Market, By Region, 2020-2028 (USD Mllion)

23 Global Satellite IoT Market: By Organization Size Scope Key Takeaways

24 Global Satellite IoT Market, By Organization Size Segment: Revenue Growth Analysis

25 Large Enterprises Market, By Region, 2020-2028 (USD Mllion)        

26 SMEs Market, By Region, 2020-2028 (USD Mllion)

27 Online Stores Market, By Region, 2020-2028 (USD Mllion)

28 Others Market, By Region, 2020-2028 (USD Mllion)                

29 Regional Segment: Revenue Growth Analysis

30 Global Satellite IoT Market: Regional Analysis

31 North America Satellite IoT Market Overview

32 North America Satellite IoT Market, By Service Type

33 North America Satellite IoT Market, By Frequency Band

34 North America Satellite IoT Market, By Organization Size

35 North America Satellite IoT Market, By Country

36 U.S. Satellite IoT Market, By Service Type

37 U.S. Satellite IoT Market, By Frequency Band

38 U.S. Satellite IoT Market, By Organization Size

39 Canada Satellite IoT Market, By Service Type

40 Canada Satellite IoT Market, By Frequency Band

41 Canada Satellite IoT Market, By Organization Size

42 Mexico Satellite IoT Market, By Service Type

43 Mexico Satellite IoT Market, By Frequency Band

44 Mexico Satellite IoT Market, By Organization Size

45 Four Quadrant Positioning Matrix

46 Company Market Share Analysis

47 Orbcomm: Company Snapshot

48 Orbcomm: SWOT Analysis

49 Orbcomm: Geographic Presence

50 Iridium Communication: Company Snapshot

51 Iridium Communication: SWOT Analysis

52 Iridium Communication: Geographic Presence

53 Globalstar: Company Snapshot

54 Globalstar: SWOT Analysis

55 Globalstar: Geographic Presence

56 Astrocast: Company Snapshot

57 Astrocast: Swot Analysis

58 Astrocast: Geographic Presence

59 Inmarsat: Company Snapshot

60 Inmarsat: SWOT Analysis

61 Inmarsat: Geographic Presence

62 I.M.T. SRL: Company Snapshot

63 I.M.T. SRL: SWOT Analysis

64 I.M.T. SRL: Geographic Presence

65 Airbus : Company Snapshot

66 Airbus : SWOT Analysis

67 Airbus : Geographic Presence

68 Thuraya: Company Snapshot

69 Thuraya: SWOT Analysis

70 Thuraya: Geographic Presence

71 Fleetspace Technologies.: Company Snapshot

72 Fleetspace Technologies.: SWOT Analysis

73 Fleetspace Technologies.: Geographic Presence

74  Fossa Systems: Company Snapshot

75  Fossa Systems: SWOT Analysis

76  Fossa Systems: Geographic Presence

77 Other Companies: Company Snapshot

78 Other Companies: SWOT Analysis

79 Other Companies: Geographic Presence

The Global Satellite IoT Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Satellite IoT Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Satellite IoT Market.

Satellite IoT Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Satellite IoT Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Satellite IoT Market Share

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Frequently Asked Questions

The global satellite IoT market is expected to grow at a CAGR of 21.9% from 2023 to 2028.
The key players operating in the market are Orbcomm, Iridium Communications, Globalstar, Inmarsat Global, Airbus, I.M.T. SRL, and Fleetspace Technologies, among others.
The global satellite IoT market is expected to gain opportunities due to the growing demand for remote sensing and the penetration of IoT devices in the market. Additionally, there are opportunities for exploring more on sustainability as the batteries of satellite IoT devices have a long life and can run on low power.
Global satellite IoT market growth is driven by factors such as the growing demand for remote sensing and the penetration of IoT devices in the market.

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