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(USGovernment-News.Com, February 08, 2019 ) This report focuses on the global Satellite-enabled IoT status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Satellite-enabled IoT development in United States, Europe and China.
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.
The military-based segment will account for the major shares of the satellite-enabled IoT market throughout the forecast period. The increasing need for mobile connectivity in remote areas and isolated terrains increases the demand for satellite-enabled IoT tools such as GPS systems, tracking devices, health and personnel monitoring devices, just-in-time equipment maintenance, and IoT technologies to support tactical reconnaissance and enhance mission reliability and security.
Americas is witnessing an increase in government initiatives in manufacturing satellites with the aid of 3D printing and the launch of technologically advanced satellites that provide inherent network redundancy and minimize the line-of-sight issues for continuous global coverage. The high frequency of each satellite signals enhances message delivery. This market study estimates that the Americas will be the major revenue contributor to the satellite-enabled IoT market throughout the forecast period.
The key players covered in this study Eutelsat, Inmarsat, MDA Information Systems, Orbital ATK, SES, Lockheed Martin, SpaceX, Thales Alenia Space, Thuraya, NanoAvionics, Kepler Communications
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