Global IoT Satellite Connectivity Market

TelecomGlobal IoT Satellite Connectivity Market Updated Research Available

Low Earth Orbit (LEO) Satellite Mega-constellations, Low-Power Wide-Area Network (LPWAN) Integration, and Ecosystem Collaboration Boost the Future Growth Potential of IoT Satellite Connectivity

RELEASE DATE
26-Jul-2023
REGION
Global
Deliverable Type
Market Research
Research Code: K8C0-01-00-00-00
SKU: TEMP_2023_31
AvailableYesPDF Download
$2,450.00
In stock
SKU
TEMP_2023_31

Global IoT Satellite Connectivity Market
Published on: 26-Jul-2023 | SKU: TEMP_2023_31

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The IoT satellite connectivity market is gaining traction worldwide with advances in low earth orbit (LEO) mega-constellation construction and launch. The IoT ecosystem is adopting LEO satellite technology for its advantages, such as cost reduction and new revenue stream creation.

Collaboration between standards, which include low-power wide-area network (LPWAN) and cellular IoT, is propelling growth in the market. Businesses are deploying hybrid terrestrial and satellite networks due to the benefits of dual-mode capability in enabling new IoT use cases in areas with deficient LPWAN and/or cellular network coverage or enhanced connectivity resiliency. For example, proprietary LPWAN (e.g., LoRaWAN®, RPMA®, and Sigfox) and cellular IoT (NB-IoT) have been integrated with satellite networks in 2021, 2022, and 2023.

The IoT satellite ecosystem is developing; however, 84.5% of the connections are with 4 IoT satellite network operators, which are Inmarsat, Iridium, Orbcomm, and Globalstar. In the ecosystem, some start-ups leverage LEO satellites to provide connectivity for IoT devices. Other start-ups use LEO satellites to connect devices with LPWAN (e.g., Skylo offers NB-IoT-based connectivity) or integrate satellite networks with LPWAN technology (e.g., Swarm Technologies delivers satellite connectivity integrating Semtech’s LoRa® technology, or Ingenu, a start-up, builds LEO satellites to host its RPMA® technology).

Other traditional satellite operators offer satellite connectivity for IoT use cases to expand cellular connectivity in remote locations with leading telecom operators (e.g., Intelsat, which signed separate deals with Deutsche Telekom, Telefónica, and TIM).

Research Scope

This study describes how the IoT satellite connectivity market is evolving in terms of connected devices and subscriptions. It covers the main drivers and restraints affecting the market, company profiles of the most relevant participants, and telco initiatives on satellite IoT. In addition, this report discusses the following growth opportunities:

  • Livestock monitoring with IoT-enabled tags
  • Integrated fleet management solutions
  • Oil and gas industry pipeline monitoring

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the IoT Satellite Connectivity Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Satellite Communications

Satellites Operate in 3 Orbits

Satellites Operate in 3 Orbits (continued)

Satellite Orbit Map

Multiple Components of an IoT Ecosystem

IoT Connectivity Options

IoT Satellite Connectivity Concept

Mega-constellations with LEOs are Gaining Ground

LEO Satellite Network Connectivity Solutions Create Market Opportunities

LPWAN and Satellite Connectivity Convergence

LPWAN and Satellite Connectivity Convergence (continued)

Growth Drivers

Growth Restraints

IoT Satellite Connections

IoT Satellite Connectivity Analysis

IoT Satellite Connectivity Subscriptions

IoT Satellite Subscribers Analysis

Iridium Communications Profile

Iridium Communications Profile (continued)

Orbcomm Profile

Orbcomm Profile (continued)

Inmarsat Profile

Inmarsat Profile (continued)

Globalstar Profile

Globalstar Profile (continued)

Intelsat Profile

Intelsat Profile (continued)

Skylo Profile

Skylo Profile (continued)

TIM Brasil’s Sky Coverage Initiative With Satellite Operators

AT&T Partners With AST SpaceMobile to Connect Remote Agriculture and Machinery with LEO’s Satellites

Telefónica and Sateliot Test NB-IoT and 5G Connectivity Services Using Satellite Network

Verizon Harnesses Amazon’s Project Kuiper for Cellular Backhaul and Rural Connectivity

Growth Opportunity 1: Livestock Monitoring with IoT-enabled Tags

Growth Opportunity 1: Livestock Monitoring with IoT-enabled Tags (Continued)

Growth Opportunity 2: Integrated Fleet Management Solutions

Growth Opportunity 2: Integrated Fleet Management Solutions (continued)

Growth Opportunity 3: Oil and Gas Industry Pipeline Monitoring

Growth Opportunity 3: Oil and Gas Industry Pipeline Monitoring (continued)

List of Exhibits

Legal Disclaimer

List of Figures
  • IoT Satellite Connectivity: Satellite Types by Technology, Global, 2023
  • IoT Satellite Connectivity: IoT Ecosystem Components, Global, 2023
  • IoT Satellite Connectivity: IoT Connectivity Options, Global, 2023
  • IoT Satellite Connectivity: Growth Drivers, Global, 2023-2027
  • IoT Satellite Connectivity: Growth Restraints, Global, 2023-2027
  • IoT Satellite Connectivity: Connections Forecast, Global, 2021-2027
  • IoT Satellite Connectivity: Subscriptions Market Share (%), by Provider, Global, 2021
  • IoT Satellite Connectivity: Subscriptions Market Share (%), by Provider, Global, 2022
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The IoT satellite connectivity market is gaining traction worldwide with advances in low earth orbit (LEO) mega-constellation construction and launch. The IoT ecosystem is adopting LEO satellite technology for its advantages, such as cost reduction and new revenue stream creation. Collaboration between standards, which include low-power wide-area network (LPWAN) and cellular IoT, is propelling growth in the market. Businesses are deploying hybrid terrestrial and satellite networks due to the benefits of dual-mode capability in enabling new IoT use cases in areas with deficient LPWAN and/or cellular network coverage or enhanced connectivity resiliency. For example, proprietary LPWAN (e.g., LoRaWAN®, RPMA®, and Sigfox) and cellular IoT (NB-IoT) have been integrated with satellite networks in 2021, 2022, and 2023. The IoT satellite ecosystem is developing; however, 84.5% of the connections are with 4 IoT satellite network operators, which are Inmarsat, Iridium, Orbcomm, and Globalstar. In the ecosystem, some start-ups leverage LEO satellites to provide connectivity for IoT devices. Other start-ups use LEO satellites to connect devices with LPWAN (e.g., Skylo offers NB-IoT-based connectivity) or integrate satellite networks with LPWAN technology (e.g., Swarm Technologies delivers satellite connectivity integrating Semtech’s LoRa® technology, or Ingenu, a start-up, builds LEO satellites to host its RPMA® technology). Other traditional satellite operators offer satellite connectivity for IoT use cases to expand cellular connectivity in remote locations with leading telecom operators (e.g., Intelsat, which signed separate deals with Deutsche Telekom, Telefónica, and TIM).--BEGIN PROMO--

Research Scope

This study describes how the IoT satellite connectivity market is evolving in terms of connected devices and subscriptions. It covers the main drivers and restraints affecting the market, company profiles of the most relevant participants, and telco initiatives on satellite IoT. In addition, this report discusses the following growth opportunities:

  • Livestock monitoring with IoT-enabled tags
  • Integrated fleet management solutions
  • Oil and gas industry pipeline monitoring
More Information
Deliverable Type Market Research
Author Cecilia Perez
Industries Telecom
No Index No
Is Prebook No
Keyword 1 Satellite Iot
Keyword 2 Satellite Connectivity
Keyword 3 Iot Satellite Connectivity
List of Charts and Figures IoT Satellite Connectivity: Satellite Types by Technology, Global, 2023~ IoT Satellite Connectivity: IoT Ecosystem Components, Global, 2023~ IoT Satellite Connectivity: IoT Connectivity Options, Global, 2023~ IoT Satellite Connectivity: Growth Drivers, Global, 2023-2027~ IoT Satellite Connectivity: Growth Restraints, Global, 2023-2027~ IoT Satellite Connectivity: Connections Forecast, Global, 2021-2027~ IoT Satellite Connectivity: Subscriptions Market Share (%), by Provider, Global, 2021~ IoT Satellite Connectivity: Subscriptions Market Share (%), by Provider, Global, 2022~
Podcast No
WIP Number K8C0-01-00-00-00