Market Overview:
The global satellite-enabled IoT market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for satellite-enabled IoT applications across different industries and regions. The military-based IoT segment is expected to hold the largest share of the global satellite-enabled IoT market during the forecast period, followed by business-based IoT. The defense and military application segment is expected to account for the largest share of the global satellite-enabled IoT market during 2018–2030, owing to increased spending on defense by governments across different countries.
Product Definition:
A satellite-enabled IoT system is a communications network that uses satellites to connect devices and transmit data. The benefits of using satellites for IoT include global coverage, high bandwidth, and low latency. Satellite-enabled IoT systems are important for applications such as smart cities, precision agriculture, and maritime tracking.
Military-based IoT:
Military-based IoT is a term used to define the collection of data generated by connected devices on the move, including aircraft, vehicles, vessels and soldiers. The data is collected in various forms such as video and voice communication which are further converted into digital formats. Further analytics are performed on these digital formats to extract actionable intelligence from them.
Business-based IoT:
Business-based IoT (BB IoT) is a technology that enables the companies to connect their devices and systems with cloud services, which helps them in gaining real-time insights. It also helps organizations in improving operational efficiency by streamlining data collected from different sources such as sensors, actuators, and controllers. The emergence of this technology has enabled various industries to transform their operations through automation thereby reducing manual efforts.
Application Insights:
The defense and military segment dominated the global satellite-enabled IoT market in 2017. The growth of this segment is attributed to the increasing adoption of satellite technology for providing connectivity to soldiers on the ground as well as in the field. Furthermore, governments are focusing on enhancing their armed forces¢â‚¬â„¢ capabilities through advanced technologies such as big data analytics and cloud computing, which further propels market growth.
Civilian applications include smart cities, agriculture and weather forecasting among others. The growing need for energy efficient solutions along with an increase in government initiatives regarding smart city development is expected to propel demand over the forecast period.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing government initiatives and investments in the defense sector, which has led to an increase in global spending on satellite-enabled IoT applications. For instance, according to a white paper published by Federal Aviation Administration (FAA) titled “Unmanned Aircraft Systems (UAS) Traffic Managementâ€, from 2013 through 2022 they have planned for integrating UAS into National Airspace System (NAS). Moreover, with growing adoption of connected devices across various industries such as healthcare and utilities; transportation and logistics; agriculture; mining; oil & gas exploration etc., there is an increasing demand for real-time data streaming from satellites that would help improve operational efficiency of these sectors.
Growth Factors:
- Increased demand for bandwidth and higher throughput to meet the growing needs of IoT applications
- Proliferation of small satellites and low-cost launch options, making satellite-enabled IoT more accessible to businesses and consumers
- Advances in satellite technology that improve performance, reduce costs, and increase flexibility
- Growing demand for real-time data analytics and insights to enable better decision making
- Expansion of the global cellular network into new areas, providing an alternative or complement to satellite-based connectivity
Scope Of The Report
Report Attributes
Report Details
Report Title
Satellite-enabled IoT Market Research Report
By Type
Military-based IoT, Business-based IoT
By Application
Defense and Military, Civilian
By Companies
Eutelsat, Inmarsat, MDA Information Systems, Northrop Grumman, SES, Lockheed Martin, SpaceX, Thales Alenia Space, Thuraya, NanoAvionics, Kepler Communications
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Satellite-enabled IoT Market Report Segments:
The global Satellite-enabled IoT market is segmented on the basis of:
Types
Military-based IoT, Business-based IoT
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Defense and Military, Civilian
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eutelsat
- Inmarsat
- MDA Information Systems
- Northrop Grumman
- SES
- Lockheed Martin
- SpaceX
- Thales Alenia Space
- Thuraya
- NanoAvionics
- Kepler Communications
Highlights of The Satellite-enabled IoT Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Military-based IoT
- Business-based IoT
- By Application:
- Defense and Military
- Civilian
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Satellite-enabled IoT Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Satellite-enabled IoT is a technology that uses satellites to connect devices and systems in remote locations. This allows for improved communication and access to resources, which can help improve efficiency and productivity.
Some of the major players in the satellite-enabled iot market are Eutelsat, Inmarsat, MDA Information Systems, Northrop Grumman, SES, Lockheed Martin, SpaceX, Thales Alenia Space, Thuraya, NanoAvionics, Kepler Communications.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Satellite-enabled IoT Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Satellite-enabled IoT Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Satellite-enabled IoT Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Satellite-enabled IoT Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Satellite-enabled IoT Market Size & Forecast, 2020-2028 4.5.1 Satellite-enabled IoT Market Size and Y-o-Y Growth 4.5.2 Satellite-enabled IoT Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Military-based IoT
5.2.2 Business-based IoT
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Defense and Military
6.2.2 Civilian
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Satellite-enabled IoT Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Satellite-enabled IoT Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Military-based IoT
9.6.2 Business-based IoT
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Defense and Military
9.10.2 Civilian
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Military-based IoT
10.6.2 Business-based IoT
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Defense and Military
10.10.2 Civilian
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Military-based IoT
11.6.2 Business-based IoT
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Defense and Military
11.10.2 Civilian
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Military-based IoT
12.6.2 Business-based IoT
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Defense and Military
12.10.2 Civilian
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Military-based IoT
13.6.2 Business-based IoT
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Defense and Military
13.10.2 Civilian
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Satellite-enabled IoT Market: Competitive Dashboard
14.2 Global Satellite-enabled IoT Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eutelsat
14.3.2 Inmarsat
14.3.3 MDA Information Systems
14.3.4 Northrop Grumman
14.3.5 SES
14.3.6 Lockheed Martin
14.3.7 SpaceX
14.3.8 Thales Alenia Space
14.3.9 Thuraya
14.3.10 NanoAvionics
14.3.11 Kepler Communications