SOURCE RESEARCH
Satellite Communications: IoT Deployments & Subscriptions
Market Data | 2Q 2024 | MD-SATCI-101
Get The ReportThe total number of satellite-enabled Internet of Things (IoT) connected at the end of 2023 stood at 8.54 million and is expected to grow to 45.31 million by 2032. This represents a 20.4% Compound Annual Growth Rate (CAGR) (2023 to 2032).
Today, Low-Earth Orbit (LEO) constellations account for 64% of all satellite IoT connections, with Geostationary Earth Orbit (GEO) constellations accounting for the remaining 36%.
Related Research
Satellite Communications: Broadband Deployments and Subscriptions
Market Data | 2Q 2024 | MD-SATCB-101
Satellite IoT Applications and Services
Report | 2Q 2023 | AN-5815
Satellite Communications: IoT Deployments & Subscriptions Market Data Overview: 1Q 2025
Presentation | 1Q 2025 | PT-3635
Satellite Communications: Highlights & Developments in the Satellite IoT Marketplace: 3Q 2024
Presentation | 3Q 2024 | PT-2899
Satellite Services in IoT: How the Use of Satellites Has Evolved for IoT
Report | 4Q 2020 | AN-5213
