Satellite-Connected IoT Devices Set to Take Off, Omdia Says

Satellite-connected IoT devices will reach 10 million by 2025, from 2.7 million in 2019, Omdia forecast. Satellite IoT revenue is expected to grow from $233 million in 2019 to $544 million by 2025. The researcher said Monday that within 15 to 20 years, the distinction between a satellite IoT device and a terrestrial wireless IoT device will end, with mobile connectivity roaming onto satellite networks when out of range of terrestrial infrastructure.