This is the moment for Satellite IoT. Businesses, organizations and individuals are looking towards data to give them insights on how they can operate better, utilize assets better, even live better. Today, there’s a seemingly never-ending list of applications that IoT can support and this is not going to slow down. Quite the opposite. IoT demand is set to skyrocket across every sector and every geographical region.
Satellite is poised to play a unique role in IoT. Its inherent reach will enable service providers to access users anywhere on the planet.
NSR’s M2M and IoT via Satellite, 11th Edition (M2M11) report forecasts $12.4 billion in revenues to be generated over the next 10 years. As a result of the COVID-19 pandemic, there was a boost in the requirement for automation and data collection in more remote areas. The impact of COVID has actually spurred this sector on rather than slowing development down. The features and benefits that IoT can provide are in great demand and the long-term prospects are very positive.
We’re pleased to present an IoT Market Brief that we’ve created in collaboration with Satellite Markets and Research. In it you’ll find a comprehensive overview of the Satellite IoT market, a Q&A with our expert on our solution that we have just launched as well as details on the use cases that have great potential.
Read on to discover the opportunities that exist for your business.