The Satellite IoT Market is projected to reach $2.1 billion by 2030, at a CAGR of 18.2% from 2023 to 2030. The growth of the Satellite IoT market is driven by the rising demand for interconnectivity between devices in remote areas and the increasing use of satellite IoT technology in the agriculture industry. However, the high costs of implementing satellite IoT solutions restrain the growth of this market. Additionally, the growing use of satellite IoT technology in maritime applications is expected to generate growth opportunities for the players in this market. However, satellite IoT devices’ vulnerability to cyberattacks is a major challenge for market growth.

Here are the top 10 companies operating in the Satellite IoT Market

Thuraya Telecommunications Company (a subsidiary of Al Yah Satellite Communication Company PJSC)

Founded in 1997 and headquartered in Dubai, UAE, Thuraya Telecommunications Company is a mobile-satellite service provider. The company offers Thuraya VSAT+, an integrated platform that transforms marine connectivity by increasing offshore bandwidth capabilities and effectively caters to all vessel types and maritime budget requirements. Thuraya 4-NGS is a satellite IoT service with better capabilities that supports multiple air interface technologies.

The company offers Thuraya M2M/IOT service that integrates with network and terminals such as smart utilities, connected oilfields, security and safety, border control, ATMs, points of sale, connected cars, critical infrastructure, fixed and mobile remote assets monitoring, and lone worker safety. Thuraya provides its Thuraya Land M2M services, end-to-end solutions that enabling the simultaneous collection of data from multiple points and sources including location information, data from external sensors and peripheral devices, and input gathered from vehicle or heavy equipment CAN buses.

Iridium Communications Inc.

Founded in 2001 and headquartered in Virginia, U.S., Iridium Communications Inc. is a global satellite communications company that provides access to voice and data services anywhere on Earth. The company offers Iridium and Iridium-connected solutions for individuals, organizations, and governments. Iridium provides remote sensing, monitoring, and tracking solutions through cloud computing to command and control autonomous systems. The company offers a wide range of satellite IoT services such as Global Maritime Distress & Safety System (GMDSS), Iridium Burst, Iridium Certus 100, Iridium Certus 200, Iridium Certus 700, and Iridium Circuit Switched Data (CSD) for personal communication, global governments, maritime, transportation & delivery, aviation, and autonomous systems.

Globalstar, Inc.

Founded in 1991 and headquartered in Louisiana, U.S., Globalstar, Inc. is a satellite communications company that operates a low Earth orbit satellite constellation for satellite phone and low-speed data communications. The company offers GPS Asset Tracking Equipment & Services that help to track and monitor fleet and equipment to prevent loss or manage theft alert and recovery. Globalstar provides commercial IoT satellite solutions for automated monitoring and management with real-time updates and visibility into an entire operation. The company offers GPS satellite devices to help protect lone workers and drive safety regulation compliance with real-time alerts and reliable connectivity.

Globalstar provides embedded technology for motor vehicles, operational equipment or assets, animal or wildlife tracking, and industrial or agriculture remote data monitoring and reporting.

Eutelsat Communications S.A.

Founded in 1927 and headquartered in Monza, Italy, Eutelsat Communications S.A. is a satellite operator with a fleet of satellites serving users across Europe, Africa, Asia, and the Americas. The company offers a wide range of satellite IoT services: Eutelsat IoT FIRST and Eutelsat LEO. Eutelsat provides a simple and integrated solution, including a compact, low-power, easy-to-install satellite terminal, Ku-band satellite capacity, and an IoT-dedicated hub that operates and manages itself. The company offers Eutelsat LEO service with global IoT coverage that enables objects to transmit data irrespective of location, demonstrating the fundamental complementarity between terrestrial networks and satellite technology.

Inmarsat Global Limited (a subsidiary of Viasat, Inc.)

Founded in 1979 and headquartered in London, U.K., Inmarsat Global Limited is a satellite service provider offering mobile satellite communication services and delivering global connectivity. The company offers low-bandwidth machine-to-machine (M2M) solutions to push-to-talk (PTT services) from mobile high-speed broadband to satellite phones. Inmarsat provides satellite IoT services for several end users such as Agriculture, Aid and NGO, Energy, Exploration and leisure, Media, Mining, Transport, and Utilities. In May 2020, Viasat Inc. (U.S.) acquired Inmarsat Global Limited to drive growth in the increasingly dynamic and competitive satellite communications industry.

Meticulous Research in its latest publication on Satellite IoT Market has predicted the growth of 18.2% during the forecast year 2023-2030.

Airbus SE

Incorporated in 2000 and headquartered in Leiden, Netherlands, Airbus SE designs and manufactures commercial aircraft. The company operates through three business segments: Airbus, Airbus Defence and Space, and Airbus Helicopters. Airbus delivers uninterrupted connectivity that is interoperable between aircraft, helicopters, drones, future electric vertical take-off and landing (eVTOLs) vehicles, satellites, command centers, and mobile units deployed on the ground or at sea. The company offers a wide range of satellite IoT services such as Reliable Connected Fleet, Airbus UpNext TELEO, Airbus Connected Experience, Unified Airbus Network Solution, System-on-Chip Avionics, and Wireless Sensor Network.

Thales

Founded in 2000 and headquartered in Paris, France, Thales designs, develops, and manufactures electrical systems as well as devices and equipment for the aerospace, defense, transportation, and security sectors. The company operates through three business segments: DEFENCE AND SECURITY, AEROSPACE, and DIGITAL IDENTITY AND SECURITY. Thales offers FlytLINK solution for essential aircraft communications, immune from interference by weather, rotors, geographic features, and other forms of signal interruption. The company provides MissionLINK, integrated into existing vehicles or new fleets, to enhance reporting, service logging, mobile connectivity, system/cargo monitoring, and other operational requirements.

Vodafone Group Plc

Founded in 1984 and headquartered in Newbury, U.K., Vodafone Group Plc is a multinational telecommunications company. The company offers an IoT connectivity platform with powerful and highly secure self-service delivery and management tool for managed IoT connectivity. The Vodafone Satellite IoT service uses Inmarsat Global Limited’s (U.K.) Broadband Global Area Network (BGAN – mobile satellite network). The Vodafone Global SIM roams on the satellite network and is managed using the Vodafone Managed IoT Connectivity Platform. Vodafone provides IoT services for various end users such as Banking & Retail, Environmental Monitoring, Oil & Gas, Agriculture/Farming, and Utility.

The company offers one-stop-shop IoT connectivity with various connectivity options, including Narrowband-IoT, Fixed, and Satellite IoT with 2G, 3G, and 4G network connectivity to cover all known application environments.

ORBCOMM Inc.

Founded in 1993 and headquartered in New Jersey, U.S., ORBCOMM Inc. offers industrial internet and machine-to-machine communications hardware, software, and services that design to track, monitor, and control fixed and mobile assets for transportation, heavy equipment, maritime, oil and gas, utilities, and government. The company provides IsatData Pro (IDP), a satellite IoT service that is a low-data rate satellite communications service connecting people with equipment and enterprise applications. ORBCOMM’s OG2 satellite network provides complete global coverage and enhanced performance with reliable and cost-effective IoT communications. The company provides a wide range of satellite IoT products, such as satellite terminals, satellite modems, dual-mode terminals, and satellite tracking devices for satellite connectivity.

Alén Space, S.L.

Headquartered in Pontevedra, Spain, Alén Space, S.L. designs, manufactures, and operation of small satellites. The company provides an end-to-end solution to orbit our clients’ IoT services. Alén Space offers an ADS-B Space solution that helps companies track aircraft for more predictable airline operations planning, search, and rescue services and significantly reduces gross navigation errors. The company provides SAT-AIS Space solutions for maritime security, law enforcement, search and rescue (SAR), maritime surveillance, environmental solutions, and fleet management services for commercial users such as shipping companies and ship owners.

Alén Space provides Signals Intelligence (SIGINT) solutions for mission design and system engineering, payload integration, AIV (Assembly, Integration, and Verification), launch management, frequency coordination, registration, ground segment network management, operation, and execution.

Authoritative Research on the Satellite IoT Market – Global Opportunity Analysis and Industry Forecast (2023-2030)

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