Satellite IoT Market Growth
This is a news story, published by The Fast Mode | International Telecoms News, Analysis & Trends, that relates primarily to Juniper Research news.
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satellite network operatorsThe Fast Mode | International Telecoms News, Analysis & Trends
•Satellite Operators to Boost IoT Growth with 15,000 New Satellites in Next 5 Years
84% Informative
Juniper Research predicts that the number of satellites in orbit that can be leveraged for IoT connectivity will grow 150% over the next five years .
The study urges substantial investment in multi-orbit satellite solutions.
This model combines the low latency and high throughput from LEOs (low earth orbit) satellites and the extensive geographical coverage of GEOs over a single service.
It predicts that these satellites will grow from 10,000 in 2024 to over 24,000 by 2029 .
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