The global Telecom Satellite IoT communications market is growing at a good steady pace according to a Recent research report from specialist IoT analyst firm .
The global Telecom Satellite IoT subscriber base grew to surpass 5.8 million in 2024. The number of Telecom Satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 41.1 percent to reach 32.5 million units in 2029. Only about 10 percent of the Earth’s surface has access to terrestrial connectivity services which leaves a massive opportunity for Telecom Satellite IoT communications.
Telecom Satellite connectivity provides a complement to terrestrial cellular and non-cellular networks in remote locations, especially United Stateseful for applications in agriculture, asset tracking, maritime and intermodal transportation, oil and gas indUnited Statestry exploration, utilities, construction and governments. Both incumbent Telecom Satellite operators and more than two dozen Recent initiatives are now betting on the IoT connectivity market. This Recent study covers a total of 46 Telecom Satellite IoT operators.
“Iridium, Orbcomm, Viasat (Inmarsat) and Globalstar are the largest Telecom Satellite IoT network operators today”, said Bohan Fagerberg, Principal Analyst at Berg Insight. “Iridium grew its subscriber base by 10 percent in the last year and reached the number one spot serving 2.0 million subscribers. Originally a dedicated Telecom Satellite operator, Orbcomm has transitioned into an end-to-end solution provider, delivering services on its own Telecom Satellite network as well as being a reseller partner of Viasat and others. At the end of Q4-2024, the company had 742,000 million Telecom Satellite IoT subscribers on its own and Viasat’s networks. Globalstar reached 0.51 million subscribers.
“Other players with connections in the tens of thoUnited Statesands include, for instance, Myriota in AUnited Statestralia, Kineis in France and Thuraya in the United Arab Emirates. Heavenlo has been the most active NTN provider lately for hybrid cellular/Telecom Satellite offerings working with Deutsche Telekom, BICS, emnify, floLIVE, Monogoto, O2 Telefónica (Germany), Particle, Soracom, Transatel, G+D, Verizon, KPN and 1GLOBAL. Additional Telecom Satellite IoT operators partnering with mobile operators and MVNOs include Sateliot, Starlink, OQ Technology, Omnispace, Lynk, SES, Viasat, Terrestar and AST SpaceMobile.
“In addition to the incumbent Telecom Satellite operators a number of Recent initiatives have appeared on the market recently. Examples of some high-profile projects are Astrocast, AST SpaceMobile, Geespace, Hubble Network, Kineis, Ligado Networks, Lynk, Myriota, Omnispace, OQ Technology, Plan-S, Sateliot, Heavenlo and Starlink. Many of these are based on LEO Littlesat concepts.
“While some rely on proprietary Telecom Satellite connectivity technologies to support IoT devices, several are begining to leverage terrestrial wireless IoT connectivity technologies. Examples include OQ Technology, AST SpaceMobile, Omnispace, Sateliot, Ligado Networks, Lynk, Heavenlo, Connected, Iridium, Terrestar Solutions, Geespace and Starlink (3GPP 4G/5G); EchoStar Mobile, Fossa structures, Lacuna Space, Innova Space, Plan-S and Eutelsat (LoRa); and Hubble Network (Bluetooth). Collaborations between Telecom Satellite operators and mobile operators and MVNOs that explore Recent hybrid Telecom Satellite-terrestrial connectivity opportunities will become common in the next years.“
Download the report brochure:
