Omdia: It is expected that the global satellite IoT connections will grow at a compound annual growth rate of 23.8% from 2023 to 2030.

According to the latest report "Satellite IoT Market Landscape - 2025" released by Omdia, satellite technology is gradually becoming an important supplementary solution to ground networks, effectively improving coverage and network resilience. Although the revenue scale of the satellite IoT market is relatively small compared to other areas, it still has significant importance. It is expected that from 2023 to 2030, the global satellite IoT connections will grow at a compound annual growth rate of 23.8%. These connections are crucial for enterprises that need to deploy IoT devices in remote areas or across seas, where ground network coverage is limited or even missing. The report points out that technological advances, standardization promotion, and cost reduction are creating new opportunities for service providers in the consumer, enterprise, and IoT markets. Among them, satellite broadband and direct-to-smartphone communication are seen as the most promising and transformative services, especially in critical scenarios.