Global IoT Satellite Connectivity Market Analysis Report 2023: LEO, Satellite Mega-constellations, Low-Power Wide-Area Network, Integration, and Ecosystem Collaboration Boosts Future Growth
DUBLIN, Aug. 16, 2023 /PRNewswire/ -- The "Global IoT Satellite Connectivity Market" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Aug. 16, 2023 /PRNewswire/ -- The "Global IoT Satellite Connectivity Market" report has been added to ResearchAndMarkets.com's offering.
- Additionally, gain valuable insights into telco initiatives focused on satellite IoT, shaping the trajectory of this dynamic and rapidly evolving domain
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.
- 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.