By 2026 the global satellite IoT subscriber base will reach 21.2 million – SatNews

According to a new research report from specialist IoT analyst firm Berg Insight, the global satellite IoT communications market is growing at a strong steady pace. Despite the impact of the COVID-19 pandemic, the global satellite IoT subscriber base grew to surpass 3.9 million in 2021. The number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 40.3 percent to reach 21.2 million units in 2026.

The number of satellite IoT subscribers to
reach 21.2 million in 2026

Only about 10 percent of the Earth’s surface has access to terrestrial connectivity services which leaves a massive opportunity for satellite IoT communications. Satellite connectivity provides a complement to terrestrial cellular and non-cellular networks in remote locations, especially useful for applications in agriculture, asset tracking, maritime and…



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