Product Code: 5703
Global Satellite IoT Market will record steady growth from 2023 to 2032. The increasing adoption of IoT devices across various industries, such as agriculture, transportation, and environmental monitoring, creates a need for reliable and global connectivity solutions. In December 2022, Wyld Networks launched its satellite IoT network service. Using Low Earth Orbit (LEO) satellites, the service enables businesses and governments to link their IoT devices anywhere in the world.
Satellite-based IoT networks offer extensive coverage, even in remote and rural areas, overcoming the limitations of traditional cellular networks. The rising demand for real-time data and monitoring drives the use of satellite IoT for asset tracking, remote sensing, and fleet management. The growing focus on disaster management and emergency response applications further boosts the demand for satellite IoT services. Additionally, advancements in satellite technology and reduced costs of satellite communication further contribute to the expansion of the Satellite IoT Market.
The overall Satellite IoT Market is classified based on service, frequency band, organization size, and region.
Based on the service, the direct-to-satellite segment will contribute significantly to the market from 2023-2032. This approach allows IoT devices to communicate directly with satellites, eliminating the need for complex terrestrial infrastructure. Direct-to-satellite service provides global coverage, making it suitable for remote and challenging environments where traditional connectivity options are limited. Industries such as maritime, aviation, and agriculture benefit from real-time data transmission and reliable connectivity, enabling efficient monitoring, tracking, and communication of IoT devices.
By frequency band, the S-band segment of the satellite IoT industry will show a high growth rate from 2023-2032. S-band frequencies offer a balanced mix of coverage and data rates, making them ideal for satellite-based IoT applications. With the growing deployment of IoT devices across various industries, the need for efficient and reliable communication links is crucial. The S-band frequency's ability to penetrate obstacles and provide robust connectivity in challenging environments, in line with its global coverage capabilities, drives its popularity for satellite IoT services and solutions.
Regarding the organization size, the satellite IoT market size from the SME segment will amass a sizeable CAGR from 2023 to 2032. As SMEs increasingly adopt IoT solutions to enhance their operations and productivity, they face challenges in ensuring seamless connectivity, especially in remote areas. Satellite IoT services offer a reliable and cost-effective solution, enabling SMEs to monitor and manage assets, track fleets, and access critical data in real-time.
Regionally, the Europe satellite IoT market share will expand commendably over 2023-2032 due to the region's diverse industries, including agriculture, transportation, and environmental monitoring, adopting IoT solutions for enhanced efficiency and connectivity. The region's vast and remote areas often lack traditional communication infrastructure, driving the need for satellite-based IoT services to provide ubiquitous connectivity. Additionally, the European Space Agency's initiatives and collaborations with satellite operators further promote the adoption of satellite IoT solutions in the region, driving market growth.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market definition
- 1.2 Base estimates & forecast
- 1.3 Forecast calculations
- 1.4 Data Sources
- 1.4.1 Secondary
- 1.4.2 Primary
- 1.5 Industry Glossary
Chapter 2 Executive Summary
- 2.1 Satellite IoT industry 360 degree synopsis, 2018-2032
- 2.2 Regional trends
- 2.3 Service type trends
- 2.4 Frequency band trends
- 2.5 Organization Size
- 2.6 End-use trends
Chapter 3 Satellite IoT Industry Insights
- 3.1 Impact of COVID-19 outbreak
- 3.2 Impact analysis of Russia-Ukraine war
- 3.3 Satellite IoT industry ecosystem analysis
- 3.4 Vendor matrix
- 3.5 Profit margin analysis
- 3.6 Technology & innovation landscape
- 3.6.1 Low Earth orbit (LEO)-based networks
- 3.6.2 Hybrid satellite-terrestrial connectivity
- 3.7 Regulatory landscape
- 3.8 Patent analysis
- 3.9 Key initiatives & news
- 3.10 Industry impact forces
- 3.10.1 Growth drivers
- 3.10.1.1 Growing satellite IoT subscribers
- 3.10.1.2 Cost-effective solutions for SMEs
- 3.10.1.3 Growing use of remote monitoring
- 3.10.1.4 Rise in IoT device penetration
- 3.10.1.5 Rising cloud computing technology in oil and gas industry
- 3.10.2 Industry pitfalls and challenges
- 3.10.2.1 Data security concerns
- 3.10.2.2 High cost of maintenance
- 3.11 Growth potential analysis
- 3.12 Porter's analysis
- 3.13 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Company market share, 2022
- 4.3 Competitive analysis of major players, 2022
- 4.3.1 Vodafone
- 4.3.2 Inmarsat Global
- 4.3.3 Globalstar
- 4.3.4 Iridium Communication
- 4.3.5 Eutelsat
- 4.3.6 Kepler Communications
- 4.3.7 I.M.T. Srl
- 4.4 Competitive positioning matrix
- 4.5 Strategic outlook matrix
Chapter 5 Satellite IoT Market, By Service
- 5.1 Key trends, by Service type
- 5.2 Satellite IoT Backhaul
- 5.2.1 Market estimates and forecast, 2018-2032
- 5.3 Direct-to-Satellite
- 5.3.1 Market estimates and forecast, 2018-2032
Chapter 6 Satellite IoT Market, By Frequency Band
- 6.1 Key trends, by frequency band
- 6.2 L-Band
- 6.2.1 Market estimates and forecast, 2018-2032
- 6.3 Ku-and-Ka-Band
- 6.3.1 Market estimates and forecast, 2018-2032
- 6.4 S-Band
- 6.4.1 Market estimates and forecast, 2018-2032
- 6.5 Others
- 6.5.1 Market estimates and forecast, 2018-2032
Chapter 7 Satellite IoT Market, By Organization Size
- 7.1 Key trends, by Organization Size
- 7.2 Large Enterprises
- 7.2.1 Market estimates and forecast, 2018-2032
- 7.3 SMEs
- 7.3.1 Market estimates and forecast, 2018-2032
Chapter 8 Satellite IoT Market, By End-use
- 8.1 Key trends, by End-use
- 8.2 Maritime
- 8.2.1 Market estimates and forecast, 2018-2032
- 8.3 Oil & gas
- 8.3.1 Market estimates and forecast, 2018-2032
- 8.4 Energy & Utilities
- 8.4.1 Market estimates and forecast, 2018-2032
- 8.5 Transportation & Logistics
- 8.5.1 Market estimates and forecast, 2018-2032
- 8.6 Healthcare
- 8.6.1 Market estimates and forecast, 2018-2032
- 8.7 Agriculture
- 8.7.1 Market estimates and forecast, 2018-2032
- 8.8 Military & Defence
- 8.8.1 Market estimates and forecast, 2018-2032
- 8.9 Others
- 8.9.1 Market estimates and forecast, 2018-2032
Chapter 9 Satellite IoT Market, By Region
- 9.1 Key trends, by region
- 9.2 North America
- 9.2.1 Market estimates and forecast, 2018-2032
- 9.2.2 Market estimates and forecast, by service type, 2018-2032
- 9.2.3 Market estimates and forecast, frequency band, 2018-2032
- 9.2.4 Market estimates and forecast, organization size, 2018-2032
- 9.2.5 Market estimates and forecast, by end-use, 2018-2032
- 9.2.6 U.S.
- 9.2.6.1 Market estimates and forecast, 2018-2032
- 9.2.6.2 Market estimates and forecast, by service type, 2018-2032
- 9.2.6.3 Market estimates and forecast, frequency band, 2018-2032
- 9.2.6.4 Market estimates and forecast, organization size, 2018-2032
- 9.2.6.5 Market estimates and forecast, by end-use, 2018-2032
- 9.2.7 Canada
- 9.2.7.1 Market estimates and forecast, 2018-2032
- 9.2.7.2 Market estimates and forecast, by service type, 2018-2032
- 9.2.7.3 Market estimates and forecast, frequency band, 2018-2032
- 9.2.7.4 Market estimates and forecast, organization size, 2018-2032
- 9.2.7.5 Market estimates and forecast, by end-use, 2018-2032
- 9.3 Europe
- 9.3.1 Market estimates and forecast, 2018-2032
- 9.3.2 Market estimates and forecast, by service type, 2018-2032
- 9.3.3 Market estimates and forecast, frequency band, 2018-2032
- 9.3.4 Market estimates and forecast, organization size, 2018-2032
- 9.3.5 Market estimates and forecast, by end-use, 2018-2032
- 9.3.6 UK
- 9.3.6.1 Market estimates and forecast, 2018-2032
- 9.3.6.2 Market estimates and forecast, by service type, 2018-2032
- 9.3.6.3 Market estimates and forecast, frequency band, 2018-2032
- 9.3.6.4 Market estimates and forecast, organization size, 2018-2032
- 9.3.6.5 Market estimates and forecast, by end-use, 2018-2032
- 9.3.7 Germany
- 9.3.7.1 Market estimates and forecast, 2018-2032
- 9.3.7.2 Market estimates and forecast, by service type, 2018-2032
- 9.3.7.3 Market estimates and forecast, frequency band, 2018-2032
- 9.3.7.4 Market estimates and forecast, organization size, 2018-2032
- 9.3.7.5 Market estimates and forecast, by end-use, 2018-2032
- 9.3.8 France
- 9.3.8.1 Market estimates and forecast, 2018-2032
- 9.3.8.2 Market estimates and forecast, by service type, 2018-2032
- 9.3.8.3 Market estimates and forecast, frequency band, 2018-2032
- 9.3.8.4 Market estimates and forecast, organization size, 2018-2032
- 9.3.8.5 Market estimates and forecast, by end-use, 2018-2032
- 9.3.9 Italy
- 9.3.9.1 Market estimates and forecast, 2018-2032
- 9.3.9.2 Market estimates and forecast, by service type, 2018-2032
- 9.3.9.3 Market estimates and forecast, frequency band, 2018-2032
- 9.3.9.4 Market estimates and forecast, organization size, 2018-2032
- 9.3.9.5 Market estimates and forecast, by end-use, 2018-2032
- 9.3.10 Spain
- 9.3.10.1 Market estimates and forecast, 2018-2032
- 9.3.10.2 Market estimates and forecast, by service type, 2018-2032
- 9.3.10.3 Market estimates and forecast, frequency band, 2018-2032
- 9.3.10.4 Market estimates and forecast, organization size, 2018-2032
- 9.3.10.5 Market estimates and forecast, by end-use, 2018-2032
- 9.4 Asia Pacific
- 9.4.1 Market estimates and forecast, 2018-2032
- 9.4.2 Market estimates and forecast, by service type, 2018-2032
- 9.4.3 Market estimates and forecast, frequency band, 2018-2032
- 9.4.4 Market estimates and forecast, organization size, 2018-2032
- 9.4.5 Market estimates and forecast, by end-use, 2018-2032
- 9.4.6 China
- 9.4.6.1 Market estimates and forecast, 2018-2032
- 9.4.6.2 Market estimates and forecast, by service type, 2018-2032
- 9.4.6.3 Market estimates and forecast, frequency band, 2018-2032
- 9.4.6.4 Market estimates and forecast, organization size, 2018-2032
- 9.4.6.5 Market estimates and forecast, by end-use, 2018-2032
- 9.4.7 Japan
- 9.4.7.1 Market estimates and forecast, 2018-2032
- 9.4.7.2 Market estimates and forecast, by service type, 2018-2032
- 9.4.7.3 Market estimates and forecast, frequency band, 2018-2032
- 9.4.7.4 Market estimates and forecast, organization size, 2018-2032
- 9.4.7.5 Market estimates and forecast, by end-use, 2018-2032
- 9.4.8 India
- 9.4.8.1 Market estimates and forecast, 2018-2032
- 9.4.8.2 Market estimates and forecast, by service type, 2018-2032
- 9.4.8.3 Market estimates and forecast, frequency band, 2018-2032
- 9.4.8.4 Market estimates and forecast, organization size, 2018-2032
- 9.4.8.5 Market estimates and forecast, by end-use, 2018-2032
- 9.4.9 South Korea
- 9.4.9.1 Market estimates and forecast, 2018-2032
- 9.4.9.2 Market estimates and forecast, by service type, 2018-2032
- 9.4.9.3 Market estimates and forecast, frequency band, 2018-2032
- 9.4.9.4 Market estimates and forecast, organization size, 2018-2032
- 9.4.9.5 Market estimates and forecast, by end-use, 2018-2032
- 9.4.10 ANZ
- 9.4.10.1 Market estimates and forecast, 2018-2032
- 9.4.10.2 Market estimates and forecast, by service type, 2018-2032
- 9.4.10.3 Market estimates and forecast, frequency band, 2018-2032
- 9.4.10.4 Market estimates and forecast, organization size, 2018-2032
- 9.4.10.5 Market estimates and forecast, by end-use, 2018-2032
- 9.5 Latin America
- 9.5.1 Market estimates and forecast, 2018-2032
- 9.5.2 Market estimates and forecast, by service type, 2018-2032
- 9.5.3 Market estimates and forecast, frequency band, 2018-2032
- 9.5.4 Market estimates and forecast, organization size, 2018-2032
- 9.5.5 Market estimates and forecast, by end-use, 2018-2032
- 9.5.6 Brazil
- 9.5.6.1 Market estimates and forecast, 2018-2032
- 9.5.6.2 Market estimates and forecast, by service type, 2018-2032
- 9.5.6.3 Market estimates and forecast, frequency band, 2018-2032
- 9.5.6.4 Market estimates and forecast, organization size, 2018-2032
- 9.5.6.5 Market estimates and forecast, by end-use, 2018-2032
- 9.5.7 Mexico
- 9.5.7.1 Market estimates and forecast, 2018-2032
- 9.5.7.2 Market estimates and forecast, by service type, 2018-2032
- 9.5.7.3 Market estimates and forecast, frequency band, 2018-2032
- 9.5.7.4 Market estimates and forecast, organization size, 2018-2032
- 9.5.7.5 Market estimates and forecast, by end-use, 2018-2032
- 9.6 MEA
- 9.6.1 Market estimates and forecast, 2018-2032
- 9.6.2 Market estimates and forecast, by service type, 2018-2032
- 9.6.3 Market estimates and forecast, frequency band, 2018-2032
- 9.6.4 Market estimates and forecast, organization size, 2018-2032
- 9.6.5 Market estimates and forecast, by end-use, 2018-2032
- 9.6.6 South Africa
- 9.6.6.1 Market estimates and forecast, 2018-2032
- 9.6.6.2 Market estimates and forecast, by service type, 2018-2032
- 9.6.6.3 Market estimates and forecast, frequency band, 2018-2032
- 9.6.6.4 Market estimates and forecast, organization size, 2018-2032
- 9.6.6.5 Market estimates and forecast, by end-use, 2018-2032
- 9.6.7 Saudi Arabia
- 9.6.7.1 Market estimates and forecast, 2018-2032
- 9.6.7.2 Market estimates and forecast, by service type, 2018-2032
- 9.6.7.3 Market estimates and forecast, frequency band, 2018-2032
- 9.6.7.4 Market estimates and forecast, organization size, 2018-2032
- 9.6.7.5 Market estimates and forecast, by end-use, 2018-2032
- 9.6.8 UAE
- 9.6.8.1 Market estimates and forecast, 2018-2032
- 9.6.8.2 Market estimates and forecast, by service type, 2018-2032
- 9.6.8.3 Market estimates and forecast, frequency band, 2018-2032
- 9.6.8.4 Market estimates and forecast, organization size, 2018-2032
- 9.6.8.5 Market estimates and forecast, by end-use, 2018-2032
Chapter 10 Company Profiles
- 10.1 Alenspace
- 10.1.1 Business overview
- 10.1.2 Financial data
- 10.1.3 Product landscape
- 10.1.4 Strategic outlook
- 10.1.5 SWOT analysis
- 10.2 Astrocast
- 10.2.1 Business overview
- 10.2.2 Financial data
- 10.2.3 Product landscape
- 10.2.4 Strategic outlook
- 10.2.5 SWOT analysis
- 10.3 Eutelsat Communications S.A.
- 10.3.1 Business overview
- 10.3.2 Financial data
- 10.3.3 Product landscape
- 10.3.4 Strategic outlook
- 10.3.5 SWOT analysis
- 10.4 Globalstar
- 10.4.1 Business overview
- 10.4.2 Financial data
- 10.4.3 Product landscape
- 10.4.4 Strategic outlook
- 10.4.5 SWOT analysis
- 10.5 I.M.T. SRL
- 10.5.1 Business overview
- 10.5.2 Financial data
- 10.5.3 Product landscape
- 10.5.4 Strategic outlook
- 10.5.5 SWOT analysis
- 10.6 Inmarsat Global
- 10.6.1 Business overview
- 10.6.2 Financial data
- 10.6.3 Product landscape
- 10.6.4 Strategic outlook
- 10.6.5 SWOT analysis
- 10.7 Intelsat
- 10.7.1 Business overview
- 10.7.2 Financial data
- 10.7.3 Product landscape
- 10.7.4 Strategic outlook
- 10.7.5 SWOT analysis
- 10.8 Iridium Communication
- 10.8.1 Business overview
- 10.8.2 Financial data
- 10.8.3 Product landscape
- 10.8.4 Strategic outlook
- 10.8.5 SWOT analysis
- 10.9 Kapler Communications
- 10.9.1 Business overview
- 10.9.2 Financial data
- 10.9.3 Product landscape
- 10.9.4 Strategic outlook
- 10.9.5 SWOT analysis
- 10.10 Lamhas
- 10.10.1 Business overview
- 10.10.2 Financial data
- 10.10.3 Product landscape
- 10.10.4 Strategic outlook
- 10.10.5 SWOT analysis
- 10.11 Myriota
- 10.11.1 Business overview
- 10.11.2 Financial data
- 10.11.3 Product landscape
- 10.11.4 Strategic outlook
- 10.11.5 SWOT analysis
- 10.12 OQ Technology
- 10.12.1 Business overview
- 10.12.2 Financial data
- 10.12.3 Product landscape
- 10.12.4 Strategic outlook
- 10.12.5 SWOT analysis
- 10.13 Orbcomm
- 10.13.1 Business overview
- 10.13.2 Financial data
- 10.13.3 Product landscape
- 10.13.4 Strategic outlook
- 10.13.5 SWOT analysis
- 10.14 Sateliot
- 10.14.1 Business overview
- 10.14.2 Financial data
- 10.14.3 Product landscape
- 10.14.4 Strategic outlook
- 10.14.5 SWOT analysis
- 10.15 Vodafone Limited
- 10.15.1 Business overview
- 10.15.2 Financial data
- 10.15.3 Product landscape
- 10.15.4 Strategic outlook
- 10.15.5 SWOT analysis