This report explores the evolving landscape of satellite Internet of Things (IoT) and Machine-to-Machine (M2M) communications, shedding light on the factors driving market growth and highlighting the competitive shifts taking place across various market segments.
Key Insights:
- An overview of key trends within satellite M2M and IoT that are fostering revenue growth across seven different market sectors and five geographic regions.
- A comprehensive 10-year forecast predicting the number of active units and revenue across each market segment.
- An analysis of the most promising use cases expected to see the strongest expansion between 2023 and 2033.
- A detailed examination of the market dynamics shaping the adoption of satellite IoT technologies, including the forces at play.
- An outline of critical technological advancements that will influence the sector’s future trajectory, along with strategies for market participants to stay competitive in a changing environment.
Critical Questions Addressed:
- What are the revenue prospects for the rapidly expanding satellite IoT market?
- How will new 3GPP releases affect 5G satellite IoT development?
- In what ways will traditional satellite IoT providers adapt to a competitive landscape with reduced average revenue per unit (ARPU)?
- What opportunities exist for mobile network operators (MNOs) and mobile virtual network operators (MVNOs) to enter the non-terrestrial network (NTN) market?
- Which use cases are expected to see the most significant revenue growth over the next decade?
Report Structure:
Market Variables:
- In-service units
- Average revenue per unit (ARPU)
- Service revenue
- Equipment revenue
- Retail revenue
Market Segments:
- Transport and cargo
- Maritime
- Oil and gas
- Mining
- Utilities
- Agriculture
- Construction
Technology Types:
- Proprietary IoT
- Very-Small-Aperture Terminal (VSAT) IoT
- 5G and Direct-to-Device (D2D) IoT
Geographical Regions:
- Asia
- Europe
- Latin America
- North America
- Middle East and Africa
