Satellite IoT Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction
Satellite IoT (Internet of Things) solutions provide connectivity for devices in remote and underserved areas where terrestrial networks are unavailable, using satellite networks for data transmission. These solutions are critical for applications requiring global coverage, such as asset tracking, environmental monitoring, and disaster management, serving large enterprises and small to medium-sized enterprises (SMEs). Satellite IoT operates through direct-to-satellite connections or IoT satellite backhaul, enabling real-time data transfer in industries like agriculture, maritime, oil and gas, and logistics. The market is driven by the growing need for ubiquitous connectivity, with over 10 million IoT devices projected to rely on satellite networks by 2025. The expansion of low Earth orbit (LEO) satellite constellations and advancements in low-power, high-efficiency devices further accelerate adoption, particularly in regions with limited terrestrial infrastructure.
Market Size and Growth Forecast
The global satellite IoT market is projected to reach between USD 1.0 billion and USD 1.3 billion in 2025, with a compound annual growth rate (CAGR) of 5% to 10% through 2030, reflecting the increasing demand for global IoT connectivity and satellite technology advancements.
Regional Analysis
North America: The U.S. leads with heavy investments in satellite IoT for defense and logistics. Canada focuses on remote monitoring in mining and forestry.
Europe: The UK and France dominate, driven by maritime and environmental applications. The region emphasizes LEO satellite deployments.
Asia Pacific: China and India see rapid growth due to agriculture and smart city projects. Australia prioritizes satellite IoT for remote connectivity.
Rest of the World: Brazil leverages satellite IoT for agriculture, while the Middle East, notably the UAE, invests in smart infrastructure solutions.
Application Analysis
Large Enterprises: Expected growth of 5-10%, driven by global supply chain and asset tracking needs. Trends focus on integration with cloud platforms.
Small & Medium Sized Enterprises: Projected growth of 6-11%, fueled by cost-effective satellite solutions. Developments emphasize scalable connectivity for SMEs.
By Type Analysis
Direct to Satellite: Expected growth of 6-11%, driven by real-time data needs in remote areas. Trends highlight LEO satellite advancements.
IoT Satellite Backhaul: Projected growth of 5-9%, tied to hybrid terrestrial-satellite networks. Advances focus on seamless integration with 5G.
Key Market Players
Leading firms include ORBCOMM, offering asset tracking solutions; Northrop Grumman, focusing on defense applications; Iridium Satellite and Globalstar, providing global coverage; Swarm Technologies and Myriota, specializing in LEO-based IoT; Thales and Inmarsat, delivering secure connectivity; Kepler Communications, innovating in nanosatellites; and Airbus SE, advancing integrated solutions. These companies drive growth through scalable satellite networks and IoT integration.
Porter's Five Forces Analysis
Threat of New Entrants: Low, due to high capital costs for satellite infrastructure and regulatory barriers.
Threat of Substitutes: Moderate, with terrestrial 5G and LPWAN competing in urban areas but limited in remote regions.
Bargaining Power of Buyers: Moderate, as enterprises seek reliable, cost-effective solutions but have limited provider options.
Bargaining Power of Suppliers: High, due to specialized satellite technology and limited suppliers.
Competitive Rivalry: Moderate, with firms competing on coverage, latency, and cost-efficiency.
Market Opportunities and Challenges
Opportunities: The proliferation of LEO constellations, with over 5,000 satellites planned by 2030, enhances IoT connectivity. The rise in IoT applications, with agriculture and logistics sectors adopting satellite solutions, drives demand. Innovations like Swarm’s low-cost nanosatellites and Iridium’s global coverage improve accessibility. Emerging markets in Asia Pacific and Latin America offer growth potential.
Challenges: High deployment and operational costs limit adoption for SMEs. Regulatory complexities for satellite spectrum allocation pose hurdles. Limited bandwidth for IoT data transmission and integration challenges with terrestrial networks remain barriers.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Satellite Iot Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Satellite Iot Market in North America (2020-2030)
8.1 Satellite Iot Market Size
8.2 Satellite Iot Market by End Use
8.3 Competition by Players/Suppliers
8.4 Satellite Iot Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Satellite Iot Market in South America (2020-2030)
9.1 Satellite Iot Market Size
9.2 Satellite Iot Market by End Use
9.3 Competition by Players/Suppliers
9.4 Satellite Iot Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Satellite Iot Market in Asia & Pacific (2020-2030)
10.1 Satellite Iot Market Size
10.2 Satellite Iot Market by End Use
10.3 Competition by Players/Suppliers
10.4 Satellite Iot Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Satellite Iot Market in Europe (2020-2030)
11.1 Satellite Iot Market Size
11.2 Satellite Iot Market by End Use
11.3 Competition by Players/Suppliers
11.4 Satellite Iot Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Satellite Iot Market in MEA (2020-2030)
12.1 Satellite Iot Market Size
12.2 Satellite Iot Market by End Use
12.3 Competition by Players/Suppliers
12.4 Satellite Iot Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Satellite Iot Market (2020-2025)
13.1 Satellite Iot Market Size
13.2 Satellite Iot Market by End Use
13.3 Competition by Players/Suppliers
13.4 Satellite Iot Market Size by Type
Chapter 14 Global Satellite Iot Market Forecast (2025-2030)
14.1 Satellite Iot Market Size Forecast
14.2 Satellite Iot Application Forecast
14.3 Competition by Players/Suppliers
14.4 Satellite Iot Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 ORBCOMM
15.1.1 Company Profile
15.1.2 Main Business and Satellite IoT Information
15.1.3 SWOT Analysis of ORBCOMM
15.1.4 ORBCOMM Satellite IoT Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Northrop Grumman Corporation
15.2.1 Company Profile
15.2.2 Main Business and Satellite IoT Information
15.2.3 SWOT Analysis of Northrop Grumman Corporation
15.2.4 Northrop Grumman Corporation Satellite IoT Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Iridium Satellite
15.3.1 Company Profile
15.3.2 Main Business and Satellite IoT Information
15.3.3 SWOT Analysis of Iridium Satellite
15.3.4 Iridium Satellite Satellite IoT Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Globalstar
15.4.1 Company Profile
15.4.2 Main Business and Satellite IoT Information
15.4.3 SWOT Analysis of Globalstar
15.4.4 Globalstar Satellite IoT Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Swarm Technologies
15.5.1 Company Profile
15.5.2 Main Business and Satellite IoT Information
15.5.3 SWOT Analysis of Swarm Technologies
15.5.4 Swarm Technologies Satellite IoT Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Myriota Pty
15.6.1 Company Profile
15.6.2 Main Business and Satellite IoT Information
15.6.3 SWOT Analysis of Myriota Pty
15.6.4 Myriota Pty Satellite IoT Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Research Scope Of Satellite Iot Report
Table Data Sources Of Satellite Iot Report
Table Major Assumptions Of Satellite Iot Report
Table Satellite Iot Classification
Table Satellite Iot Applications
Table Drivers Of Satellite Iot Market
Table Restraints Of Satellite Iot Market
Table Opportunities Of Satellite Iot Market
Table Threats Of Satellite Iot Market
Table Raw Materials Suppliers
Table Different Production Methods Of Satellite Iot
Table Cost Structure Analysis Of Satellite Iot
Table Key End Users
Table Latest News Of Satellite Iot Market
Table Merger And Acquisition
Table Planned/Future Project Of Satellite Iot Market
Table Policy Of Satellite Iot Market
Table 2020-2030 North America Satellite Iot Market Size
Table 2020-2030 North America Satellite Iot Market Size By Application
Table 2020-2025 North America Satellite Iot Key Players Revenue
Table 2020-2025 North America Satellite Iot Key Players Market Share
Table 2020-2030 North America Satellite Iot Market Size By Type
Table 2020-2030 United States Satellite Iot Market Size
Table 2020-2030 Canada Satellite Iot Market Size
Table 2020-2030 Mexico Satellite Iot Market Size
Table 2020-2030 South America Satellite Iot Market Size
Table 2020-2030 South America Satellite Iot Market Size By Application
Table 2020-2025 South America Satellite Iot Key Players Revenue
Table 2020-2025 South America Satellite Iot Key Players Market Share
Table 2020-2030 South America Satellite Iot Market Size By Type
Table 2020-2030 Brazil Satellite Iot Market Size
Table 2020-2030 Argentina Satellite Iot Market Size
Table 2020-2030 Chile Satellite Iot Market Size
Table 2020-2030 Peru Satellite Iot Market Size
Table 2020-2030 Asia & Pacific Satellite Iot Market Size
Table 2020-2030 Asia & Pacific Satellite Iot Market Size By Application
Table 2020-2025 Asia & Pacific Satellite Iot Key Players Revenue
Table 2020-2025 Asia & Pacific Satellite Iot Key Players Market Share
Table 2020-2030 Asia & Pacific Satellite Iot Market Size By Type
Table 2020-2030 China Satellite Iot Market Size
Table 2020-2030 India Satellite Iot Market Size
Table 2020-2030 Japan Satellite Iot Market Size
Table 2020-2030 South Korea Satellite Iot Market Size
Table 2020-2030 Southeast Asia Satellite Iot Market Size
Table 2020-2030 Australia Satellite Iot Market Size
Table 2020-2030 Europe Satellite Iot Market Size
Table 2020-2030 Europe Satellite Iot Market Size By Application
Table 2020-2025 Europe Satellite Iot Key Players Revenue
Table 2020-2025 Europe Satellite Iot Key Players Market Share
Table 2020-2030 Europe Satellite Iot Market Size By Type
Table 2020-2030 Germany Satellite Iot Market Size
Table 2020-2030 France Satellite Iot Market Size
Table 2020-2030 United Kingdom Satellite Iot Market Size
Table 2020-2030 Italy Satellite Iot Market Size
Table 2020-2030 Spain Satellite Iot Market Size
Table 2020-2030 Belgium Satellite Iot Market Size
Table 2020-2030 Netherlands Satellite Iot Market Size
Table 2020-2030 Austria Satellite Iot Market Size
Table 2020-2030 Poland Satellite Iot Market Size
Table 2020-2030 Russia Satellite Iot Market Size
Table 2020-2030 Mea Satellite Iot Market Size
Table 2020-2030 Mea Satellite Iot Market Size By Application
Table 2020-2025 Mea Satellite Iot Key Players Revenue
Table 2020-2025 Mea Satellite Iot Key Players Market Share
Table 2020-2030 Mea Satellite Iot Market Size By Type
Table 2020-2030 Egypt Satellite Iot Market Size
Table 2020-2030 Israel Satellite Iot Market Size
Table 2020-2030 South Africa Satellite Iot Market Size
Table 2020-2030 Gulf Cooperation Council Countries Satellite Iot Market Size
Table 2020-2030 Turkey Satellite Iot Market Size
Table 2020-2025 Global Satellite Iot Market Size By Region
Table 2020-2025 Global Satellite Iot Market Size Share By Region
Table 2020-2025 Global Satellite Iot Market Size By Application
Table 2020-2025 Global Satellite Iot Market Share By Application
Table 2020-2025 Global Satellite Iot Key Vendors Revenue
Table 2020-2025 Global Satellite Iot Key Vendors Market Share
Table 2020-2025 Global Satellite Iot Market Size By Type
Table 2020-2025 Global Satellite Iot Market Share By Type
Table 2025-2030 Global Satellite Iot Market Size By Region
Table 2025-2030 Global Satellite Iot Market Size Share By Region
Table 2025-2030 Global Satellite Iot Market Size By Application
Table 2025-2030 Global Satellite Iot Market Share By Application
Table 2025-2030 Global Satellite Iot Key Vendors Revenue
Table 2025-2030 Global Satellite Iot Key Vendors Market Share
Table 2025-2030 Global Satellite Iot Market Size By Type
Table 2025-2030 Satellite Iot Global Market Share By Type
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Satellite Iot Picture
Figure 2020-2030 North America Satellite Iot Market Size And Cagr
Figure 2020-2030 South America Satellite Iot Market Size And Cagr
Figure 2020-2030 Asia & Pacific Satellite Iot Market Size And Cagr
Figure 2020-2030 Europe Satellite Iot Market Size And Cagr
Figure 2020-2030 Mea Satellite Iot Market Size And Cagr
Figure 2020-2025 Global Satellite Iot Market Size And Growth Rate
Figure 2025-2030 Global Satellite Iot Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |