Research On Global Markets’ Publishes New Report on Satellite Communication For IoT Networks
Research On Global Markets has announced the addition of a market research report titled “Satellite Communication For IoT Networks” to their offering. This report includes an overview of the emerging trends in satellite communication for IoT applications, highlighting the interest around the exploration of new orbits, development of nanosatellites, and impact of Blockchain, AI and 5G for a connected satellite environment.
According to the Research On Global Markets’ analysts, the satellite IoT industry is undergoing a transformation with the emergence of NewSpace, and the rising demand for global IoT connectivity. Exploration of innovative satellite solutions, adoption of robust and dynamic business models, and a growing shift in investments and research from public to private organizations are fast emerging as the key trends in the satellite IoT ecosystem.
Analysts also believe that the demand of IoT end-device connectivity is driving the need for innovative communication techniques. In addition to the terrestrial infrastructure, satellite communication is expected to play a key role in supporting IoT applications in diverse areas, including mining locations, deep sea, and remote sites where cellular connectivity is unavailable.
The research report published by Research On Global Markets features a competitive analysis of the leading satellite companies and other emerging firms operating in the IoT space. These include entities like Inmarsat, Iridium Communications, Intelsat, Globalstar, and Orbcomm. The report also offers an overview of the start-ups offering LEO nanosatellites. Most of these companies are focusing on building LEO constellations in the coming years and are partnering with IoT companies and operators for delivering enhanced connectivity solutions for a streamlined IoT ecosystem. The ultimate goal here is to deliver real-time satellite communication for the IoT ecosystem.
Research On Global Markets tracks the performance of some of the major start-ups in this space including Myriota, Aistech, SAS, Open Cosmos, Astrocast, Fleet Space Technologies, Hiber, Analytical Space, Kepler Communications, Commsat Technology Development Co Ltd, KLEO, Kinesis, and others.
Key highlights of this report:
- How LEO satellites are addressing the requirements of the IoT market?
- What are the major IoT applications using satellite communication?
- What are the partnership details and future roadmaps of the NewSpace companies?
- How are emerging technologies like 5G, AI, blockchain and quantum computing impacting the satellite IoT ecosystem?
- What are the opportunities for non-space companies (automotive, cloud providers, and telecom companies) in the satellite IoT space?