The growth of internet of things connected devices will boost satellite-based connectivity across the globe. IOT
The growth of internet of things connected devices will boost satellite-based connectivity across the globe.
“The wearables category could conceivably expand to include implanted devices, although there would be multiple ethical issues to overcome here.” It adds the global satellite modem market was valued at $354.6 million in 2020, and is projected to reach $1 billion by 2030, registering a CAGR of 16.5% from 2021 to 2030.
The wide-area segment comprises devices that use cellular connections, as well as unlicensed low-power technologies, such as Sigfox and LoRa, De Wet adds. “Based on a conservative estimate that 10% of short-range network locations will be ‘off-grid’, this represents a need for alternative connectivity for some 2.4 billion devices. That adds up to almost 50% of the planned mobile networks.
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