Satellite IoT Market Trends, Size, Share, Growth, Industry Analysis, Advance Technology and Forecast

March 15, 2023 ⚊ 1 Min read ⚊ Views 46 ⚊ NEWS

MarketsandMarkets forecasts the global Satellite IoT Market size is expected to grow USD 1.1 billion in 2022 to USD 2.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 21.9% during the forecast period. Due to the increase in the need for trusted and cost-effective communication services, the satellite IoT service market is growing at a huge rate.

Read details: https://www.marketwatch.com/press-release/satellite-iot-market-trends-size-share-growth-industry-analysis-advance-technology-and-forecast-2027-2023-03

Tags: Satellite IoT Market