US EditionSatellite IoT market projected to grow at a CAGR of 26%, reaching $4.7B by 2030
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Satellite IoT market projected to grow at a CAGR of 26%, reaching $4.7B by 2030
The global market for satellite IoT connectivity and equipment is projected to grow at a CAGR of 26%, reaching $4.7 billion by 2030. This is according to new research from IoT Analytics, a leading global provider of market insights for IoT. The findings, derived from the company’s latest Satellite IoT Market Report 2025–2030, show the market is expanding rapidly from its current 7.5 million global connections recorded in 2024. Based on the resea…
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