Smallsat IoT to Become a $1 Billion Annual Market

New NSR Report Sees Total Smallsat IoT Units Reaching 71% of Global Satcom M2M/IoT Units by 2030 Cambridge, MA – August 31, 2021 – 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 %.

Space News: SpaceX takes aim at satellite mobility operators with Starlink expansion

SpaceX is seeking regulatory permission to connect moving vehicles to its rapidly expanding Starlink constellation, branching the broadband network out of fixed homes and offices towards satellite mobility operators. Satellite operators Inmarsat, SES and Intelsat are among those likely to feel the most disruption in the land-mobile market, [NSR] said. Depending on the exact form.

Ku-band: The Other Side of IoT

MSS satellite services, and smallsats are generally the main focus for M2M and IoT nowadays, with narrowband applications being well suited to these technology types. However, NSR also covers the Ku-band and VSAT M2M/IoT markets, which currently take up approximately 21% of overall revenues for satcom M2M/IoT.

Fertile Ground in Agriculture IoT

M2M and IoT over satellite have mainly been implemented in cargo and transport applications, as well as in energy markets. However, one application (agriculture) is expected to buck the existing trend and achieve outsized returns…how can operators capture this growth, and excel in this increasingly competitive market?