Interest in space is exploding, with the industry seeing growth and opportunities that weren’t just dormant, they simply didn’t exist 5-10 years ago. Over the next decade, according to NSR’s Global Space Economy, 2nd Edition, cumulative revenue is expected to hit USD $1.25T. Video, the use-case that built most of the satellite industry and continues.
However, other small satellite IoT companies are developing constellations promising similar capabilities, noted Northern Sky Research [Consultant] Alan Crisp, which he said “should lead to 10-year battery life too, i.e., only send data when there’s a satellite overhead to save power.” One of these is Sateliot of Spain, which says the ability for its upcoming.
While NSR has been less optimistic on the prospect of the broadband connected car, one market that does present greater opportunities and is often overlooked is the narrowband connected vehicle market. While this market won’t have the potential mass market appeal of terrestrial technologies providing consumer entertainment, this will provide a strong value proposition across a range of.
With countries learning to adapt to COVID-19, the construction industry is rebounding after a relative lull in the level of construction, not to mention supply chain issues halting other construction sites. With construction ramping up, heavy equipment manufacturers are no longer just interested in revenues from only hardware and are expanding into connectivity as a service and analytics platforms. While.
A lot has changed in the smallsat IoT market in the last year, with a plethora of IoT smallsat launches, a number of new funding rounds, and a major acquisition as well. This market is heating up, and although there have been some delays from COVID-19, particularly with launches and chip supply issues, substantial progress.