The Global Satellite-enabled IoT Market Report is equipped with market data from 2014 to 2024. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2019 to 2024. The detailed sales channel is also covered in the study.
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:
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 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
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 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Satellite-enabled IoT market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Satellite-enabled IoT market by product type and applications/end industries.
Market Segment by Companies, this report 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