Satellite IoT Market Growth Predicted to Reach $2.9 billion by 2027

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2025-11-18 07:41:24 -

According to MarketsandMarkets™, the Satellite IoT Market is expected to grow from USD 1.1 billion in 2022 to USD 2.9 billion by 2027, at a CAGR of 21.9% during the forecast period. Direct-to-satellite is a reliable solution in times of disasters or natural calamities in areas where fast deployments are required, and not much hardware is available or possible to arrange, driving the...

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