Top Satellite IoT Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Satellite IoT Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Satellite IoT industry players.

Satellite IoT Market Competitive Landscape

Global satellite IoT market is characterized by intense competition driven by technological advancements, expanding use cases, and the growing demand for global connectivity in remote and challenging environments Collaboration between satellite communications provider and IoT platform is the strategy followed by key players. For example, Inmarsat brings its extensive experience and infrastructure in satellite communications, enabling reliable and world-class connectivity, especially in remote and challenging areas that may not be accessible by terrestrial networks. By combining their strengths, Inmarsat and Actility aim to provide end-to-end solutions for various IoT use cases such as asset management, environmental monitoring, and industrial workflow automation and can be enabled for real-time monitoring, efficiency, and automation.

Top Player’s Company Profiles

  • Vodafone
  • Eutelsat
  • I.M.T. Srl
  • OQ Technology
  • Orbcomm
  • Intelsat
  • Globalstar
  • Northrop Grumman
  • Swarm Technologies
  • Immarsat Global
  • Fleet Space Technologies Pvt. Ltd.
  • Myriota Pty Ltd.
  • Astrocast
  • Airbus
  • Head Aerospace
  • Kepler Communications
  • Nanoavionics

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FAQs

Satellite IoT Market size was valued at USD 1.99 Billion in 2024 and is poised to grow from USD 2.42 Billion in 2025 to USD 11.81 Billion by 2033, growing at a CAGR of 21.9% during the forecast period (2026–2033).

The global satellite IoT industry is highly competitive, with key players focusing on innovation, strategic partnerships, and expanding their service portfolios to cater to the growing demand for reliable, global IoT connectivity. The competitive landscape is characterized by collaboration between satellite operators, IoT solution providers and telecom companies, fostering a more dynamic and innovative ecosystem. Collaboration between satellite communications provider and IoT platform is the strategy followed by key players.   'Orbcomm (US) ', 'Iridium Communication (US) ', 'Globalstar (US) ', 'Astrocast (Switzerland) ', 'Inmarsat Global (UK) ', 'Airbus (Netherlands) ', 'Intelsat (US) ', 'Thales (France) ', 'Eutelsat (France) ', 'Northrop Grumman (US) ', 'Thuraya (Singapore) ', 'Vodafone (UK) ', 'Surrey Satellite Technology (UK) ', 'Head Aerospace (China) ', 'I.M.T. SRL (Italy) ', 'Fleetspace Technologies (Australia) ', 'Swarm Technologies (US) ', 'Alenspace (Spain) ', 'OQ Technology (Luxembourg) ', 'Fossa Systems (Spain)'

Technology Development in Satellite IoT Services and Wireless Technology: Satellite IoT is the integration of Internet of Things devices and applications with satellite networks. IoT devices are small, low-power devices equipped with sensors and connectivity capabilities to gather data and communicate with other devices or systems. The Internet of Things (IoT) and Machine-to-machine (M2M) communication are responsible factors for the growth of revenue strategies of the satellite IoT Market.  

North America region is dominating in the market accounted for the highest revenue share of nearly 40% in 2023, driven by increased investment in technological infrastructure by both the public and private sectors. The region benefits from a strong ecosystem of tech innovators and startups focusing on integrating IoT with satellite communication to address the need for remote area connectivity and advanced defense and security systems. Furthermore, the growing demand for IoT applications in agriculture, logistics, and environmental monitoring propels market expansion. The U.S. is leading the market with its robust aerospace and defense sectors, driving demand for advanced satellite communications and IoT integration. Significant investments in R&D and a strong push for connectivity in remote and rural areas further bolster the market's growth. 

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Global Satellite IoT Market
Satellite IoT Market

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