✉news BusinessBusiness first seen 4 d ago, last 4 d ago, peak #23
Satellite IoT Connections Set to Reach 42 Million by 2030
The number of satellite IoT connections worldwide is forecast to reach 42 million by 2030, according to a new industry projection. The figure reflects growing demand for connectivity in remote areas where terrestrial networks are unavailable, spanning sectors such as agriculture, logistics, maritime tracking and asset monitoring. Analysts see falling launch costs and cheaper satellite hardware as key drivers behind the expansion.
Why now: A new industry forecast projects rapid growth in satellite IoT connectivity, drawing attention from the telecommunications and technology sectors.
satellite IoTIoT Business News
Evidence
- Satellite IoT Connections Set to Reach 42 Million by 2030 · IoT Business News
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