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Global Satellite-enabled IoT Market 2017-2021

Global Satellite-enabled IoT Market 2017-2021

About Satellite Enabled IoT

A satellite is an artificial or man-made object that revolves around Earth. It provides a bird's eye view of large areas of Earth at the same time. It can collect more data at a quicker pace than the instruments on the ground. The global satellite-enabled Internet of Things (IOT) market revolves around satellite-based services, which are or will be utilized by billions of IOT components or devices on the surface of Earth.

Technavio’s analysts forecast the global satellite enabled IoT market to grow at a CAGR of 6.91% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global satellite enabled IoT market for 2017-2021. To calculate the market size, the report considers new installations, sales, volume, value, retrofit, replacement, spares and aftermarket services.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Satellite Enabled IoT Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Eutelsat
  • Inmarsat
  • MDA
  • Orbital ATK
  • SES
Other prominent vendors
  • Lockheed Martin
  • SpaceX
  • Thales Alenia Space
  • Thuraya
  • NanoAvionics
  • Kepler Communications
Market driver
  • Miniaturization to drive economic viability
  • For a full, detailed list, view our report
Market challenge
  • Delivery of two-way communication by basic radio-enabled systems
  • For a full, detailed list, view our report
Market trend
  • Evolution of IoT
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Satellite Enabled IoT Market 2017-2021

Technavio recognizes the following companies as the key players in the global satellite enabled IOT market: Eutelsat, Inmarsat, MDA, Orbital ATK, and SES.

Other Prominent Vendors in the market are: Lockheed Martin, SpaceX, Thales Alenia Space, Thuraya, NanoAvionics, and Kepler Communications.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is evolution of IoT. IoT is represented as a network of cyber physical devices that consist of embedded electronics, sensors or actuators, software, and network connectivity. These devices collect and exchange data over the Internet.”

According to the report, one driver in the market is miniaturization to drive economic viability. One of the major challenges of satellite broadband was associated with slower data transfer due to the transmission losses pertaining to the long distance from Earth. One of the workable solutions has depicted the placement of satellites in low-Earth orbit. Due to the cost-effective manufacturing and deployment of smaller satellites, launching extra satellites has become financially viable and ensures uninterrupted data transmission in case of failure or breakdown of a few satellites.

Further, the report states that one challenge in the market is delivery of two-way communication by basic radio-enabled systems. Stakeholders of satellite-enabled IoT may face challenges due to location constraints. The challenges are mainly associated with the transmission of signals that are dependent directly on the position of the satellite from the surface of Earth. This can induce a shift of going back to basic, standardized communication technologies from up-to-the-minute technologies.



Companies Mentioned

Eutelsat, Inmarsat, MDA, Orbital ATK, SES, Lockheed Martin, SpaceX, Thales Alenia Space, Thuraya, NanoAvionics, and Kepler Communications.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Orbit types for satellite deployment
      • Table Frequencies used by satellites to transmit network signals
      • Table Advantages of satellite-enabled IOT over traditional methods
      • Table Global satellite-enabled IoT market: Major growth factors
  • Market landscape
    • Market overview
      • Table Classification of global satellite-enabled IOT market 2016-2021
    • Global satellite-enabled IoT market
      • Table Global satellite-enabled IOT market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global satellite enabled IoT market by application
      • Table Global satellite-enabled IoT market by application 2016 and 2021 (%)
      • Table Segmentation of satellite-enabled IOT market by application 2016-2021 ($ millions)
    • Global satellite-enabled military-based IoT market
      • Table Global satellite-enabled military-based IoT market ($ millions)
    • Global satellite-enabled transportation and cargobased IoT market
      • Table Global satellite-enabled transportation and cargo-based IoT market ($ millions)
      • Table Benefits of satellite-enabled transportation and cargo-based IOT
    • Global satellite-enabled IoT market in others segment
      • Table Global satellite-enabled IoT market in others segment ($ millions)
  • Geographical segmentation
    • Global satellite-enabled IoT market by region
      • Table Global satellite-enabled IoT market by region 2016 and 2021 (%)
      • Table Segmentation of global satellite-enabled IoT market by region 2016-2021 ($ millions)
    • Satellite-enabled IoT market in the Americas
      • Table Satellite-enabled IoT market in the Americas ($ millions)
    • Satellite-enabled IoT market in APAC
      • Table Satellite-enabled IoT market in APAC ($ millions)
      • Table Potential factors that showcase the growth of satellite-enabled IoT market in India.
    • Satellite-enabled IoT market in EMEA
      • Table Satellite-enabled IoT market in EMEA ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Some severe debris crashes on Earth
  • Market trends
    • Innovative business models
    • Evolution of IoT
    • Financially viable manufacturing methods
  • Vendor landscape
    • Competitive landscape
      • Table Major vendors of global satellite-enabled IoT market 2016-2021
    • Eutelsat
      • Table Eutelsat: Services
      • Table Eutelsat: Geographical segmentation by revenue 2016 (%)
    • Inmarsat
      • Table Inmarsat: Business segments
      • Table Inmarsat: Geographical segmentation by revenue 2015 (%)
      • Table Inmarsat satellite-enabled IoT projects
    • MDA
      • Table MDA: Business segments
      • Table MDA: Geographical segmentation by revenue 2016 (%)
      • Table SSL market-related products
    • Orbital ATK
      • Table Orbital ATK: Business segments
      • Table Orbital ATK: Business segmentation by revenue 2016
    • SES
      • Table SES: Business segments
      • Table SES: Geographical segmentation by revenue 2016
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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