This report focuses on the global Satellite-enabled IoT status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Satellite-enabled IoT development in United States, Europe and China.
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.
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.
In 2017, the global Satellite-enabled IoT market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
MDA Information Systems
Thales Alenia Space
Market segment by Type, the product can be split into
Market segment by Application, split into
Defense and Military
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Satellite-enabled IoT status, future forecast, growth opportunity, key market and key players.
To present the Satellite-enabled IoT development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Satellite-enabled IoT are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.