The worldwide marketplace for satellite tv for pc IoT connectivity and gear is projected to develop at a CAGR of 26%, reaching $4.7 billion by 2030.
That is in line with new analysis from IoT Analytics, a number one international supplier of market insights for IoT. The findings, derived from the corporate’s newest Satellite tv for pc IoT Market Report 2025–2030, present the market is increasing quickly from its present 7.5 million international connections recorded in 2024.
Primarily based on the analysis, IoT Analytics has printed a public evaluation of 5 key drivers propelling this market enlargement.
Key findings
The variety of satellite tv for pc IoT connections reached 7.5 million in 2024, in line with IoT Analytics’ Satellite tv for pc IoT Market Report 2025–2030 (printed June 2025).
The marketplace for satellite tv for pc IoT connectivity and gear is predicted to develop at a 26% CAGR till 2030, surpassing $4.7 billion.
5 key drivers are poised to propel this progress:
Technological developments lowering prices:
The satellite tv for pc trade is shifting from heavy geostationary (GEO) satellites to cost-efficient low earth orbit (LEO) miniaturization.
Standardized manufacturing and modular designs cut back satellite tv for pc prices.
Developments in launching know-how drive manageable prices.
Satellite tv for pc connectivity prices are falling because of smaller, scalable satellites.
Suppliers implementing multi-orbit and hybrid community methods
Legacy SNOs adjusting connectivity methods to maintain market management.
Multi-orbit methods optimize satellite tv for pc connectivity for IoT functions.
Collaboration between cellular community operators (MNOs) and SNOs drives hybrid satellite-terrestrial connectivity.
Emergence of standardized connectivity protocols
Legacy satellite tv for pc module market share to considerably decline by 2030 as new requirements rise.
Legacy satellite tv for pc operators are adopting new requirements to remain aggressive.
IoT modules built-in with a number of connectivity choices for flexibility.
Governments investing in initiatives and mega-constellations
Governments are the first drivers of satellite tv for pc infrastructure demand.
Rising use of satellite tv for pc connectivity within the automotive and transportation industries
Transportation and logistics prone to dominate 3GPP NTN connectivity utilization.
Why it issues
For satellite tv for pc IoT market gamers: The satellite tv for pc IoT market could be very dynamic, with new applied sciences and approaches disrupting legacy satellite tv for pc operations. Distributors ought to put money into interoperability, hybrid networks, and standardized protocols to take care of aggressive benefits and seize a wider vary of IoT functions throughout industries.
For satellite tv for pc IoT adopters: Connectivity prices are declining, and new approaches are enhancing satellite tv for pc latency and reliability. Adopters ought to discover satellite tv for pc IoT as a viable resolution for distant, underserved functions whereas staying up to date on the rising know-how panorama to make sure scalability and price effectivity of their deployments.
Analyst takeaway: Key alternatives and challenges within the satellite tv for pc IoT market
Satellite tv for pc IoT is essential in distant, underserved sectors.
The satellite tv for pc IoT ecosystem is shifting from single to numerous know-how.
Standardized 3GPP satellite tv for pc IoT connectivity will stay restricted till the business mannequin is finalized.
Mega constellations problem conventional satellite tv for pc operators’ profitability and competitiveness.
Analyst quotes
Knud Lasse Lueth, CEO at IoT Analytics, feedback that: “7 million satellite IoT connections may look small next to 18 billion total IoT devices, but they solve the hardest problem in connectivity: Reaching the places where nothing else works. With falling launch costs, open standards and hybrid multi-orbit networks, it has become the final puzzle piece for truly ubiquitous, global connectivity, and we expect the segment to grow 20%+ annually over the next 5-10 years.”
Satyajit Sinha, Principal Analyst at IoT Analytics, provides that: “The satellite IoT market is evolving from proprietary, non-standardized systems—each tailored to a vendor’s own connectivity stack—toward a standardized, multi-technology landscape that includes 3GPP NB-NTN, NR-NTN, LoRaFHSS, and mioty. This shift is drawing in both traditional satellite providers and new players from the cellular and unlicensed LPWAN domains, who are adopting open standards to stay competitive. On the other end, Starlink is accelerating disruption by leveraging its capital scale and low-cost architecture to position itself as both a satellite backhaul provider and a direct IoT connectivity vendor. The result is a more competitive market—defined by open, hybrid architectures where interoperability, scale, and flexibility are now the key levers of success.”
Kalpesh Baviskar, Analyst at IoT Analytics, provides that “ROI is central—for both satellite operators and end-users. Historically, satellite IoT was limited by infrastructure and focused on high-margin sectors like maritime and aviation. Now, rising demand for broadband is driving major investments, but operators will prioritize consumer and enterprise markets first due to higher ARPU. As networks scale, some capacity will support IoT. The key question for users is whether the cost of satellite modules and subscriptions is justified by the value of the data. In high-impact use cases like remote monitoring, the ROI can make sense—but only if the economics align.”
Learn the general public evaluation right here.
