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The Satellite IoT market is a subset of the larger Satellite Communications industry. It is focused on providing Internet of Things (IoT) services to customers via satellite. This includes services such as machine-to-machine (M2M) communication, remote asset tracking, and data collection. Satellite IoT services are used in a variety of industries, such as agriculture, transportation, and energy.
Satellite IoT services are attractive to customers due to their ability to provide coverage in remote areas, where terrestrial networks may not be available. Additionally, satellite IoT services are often more reliable than terrestrial networks, as they are not affected by weather or other environmental conditions.
Some companies in the Satellite IoT market include Inmarsat, Iridium, Globalstar, and Orbcomm. These companies provide a variety of services, such as satellite-based voice and data services, asset tracking, and remote monitoring. Additionally, these companies are developing new technologies to improve the performance and reliability of their services. Show Less Read more