NSR’s M2M and IoT via Satellite, 12th Edition (M2M12) report, published today, forecasts the dedicated IoT constellations market reaching $990 million in annual total retail revenues by 2030, reflecting ~44 % of the total satcom IoT market. Due to the low cost of Smallsat IoT terminals and ongoing subscription fees to end users, a conservative scenario sees Smallsat.
While maritime and aero are key satellite markets due to clear remoteness, land mobile and M2M/IoT markets have always had to face competitive pressures from terrestrial networks. However, a new generation of networks which use similar technologies to terrestrial networks will be coming online in the coming years, promising unified connectivity on the same chipset..
“Everything happens somewhere” has long served as an epithet in the geospatial industry, from the brand reposition of a 275-year-old mapping agency to the regular campaigns of international geospatial events. The downstream satellite big data industry has often prided itself on the ubiquity and importance of location data, a USP for large scale geo-intelligence, in.
Direct satellite connectivity to Mobile, at affordable prices, has been one of the moonshot objectives of the industry for many years. Leveraging the advances in 5G, multiple projects are pursuing this vision, attracting huge levels of interest in its way (AST & Science going public through a SPAC valuing the company at $1.8B). But what.
NSR’s recently released M2M and IoT via Satellite, 11th Edition, found that Ku-band and VSAT will indeed grow revenues, albeit more slowly than other technology types. Recent innovations will increase and accelerate demand and revenues in the medium and long term.