NSR’s M2M and IoT via Satellite, 10th Edition (M2M/IoT10) report, published today, forecasts $11.6 billion in revenues will be generated over the next 10 years. All M2M and IoT applications will grow, with total retail revenues to rise at 6.6% CAGR over the coming decade, with a 14% CAGR for in-service M2M/IoT units during this same period. And, while significant attention is paid to emerging IoT smallsat constellations, NSR found MSS and VSAT offerings continue to play a solid role in the M2M/IoT growth story.
Leveraging the power of cloud computing and Big Data, data analytics is expected to add value across a range of applications. Will the drive for digitization spanning these market verticals suffice to meet industry expectations of customer demand?
The adoption of Industrial IoT (IIoT) continues to drive the digitization and automation of the commercial transportation sector, whether it is land, maritime or air transport.
For decades there has been a plethora of ways to connect M2M and IoT devices – satellite, GSM 2G, LTE, NB-IoT and LPWA. Satellite-based M2M has gone from strength to strength throughout the development of all these new forms of IoT connectivity. With a 5G world around the corner, will satellite-based M2M/IoT finally meet its.
With global Oil & Gas markets still showing signs of instability, can the satellite communications industry continue to cite Energy markets as a ‘key vertical?’ Even in this ‘downturn’ there are opportunities, right? Regardless of oil pricing trends, there are clear needs for communications, and data-driven innovation across the Energy market value-chain – from ‘big.