Press release
Investment in Satellite-based IoT to Boost Global Connectivity drives the Market Growth |Cisco Systems, Inc., IBM Corp., Microsoft, Siemens AG
Internet of Things (IoT) market
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Moreover, the EU is showing its intent to invest in strategic space and tech startups by investing in satellite and IoT technologies-based space-based IoT infrastructure and guaranteeing European sovereignty. For instance, in November 2024, the European Investment Bank (EIB) inked a $32.5 million loan agreement with Spanish startup Sateliot to jointly fund the deployment of its constellation of more than 100 low Earth Orbit (LEO) satellites, which offer internet of things (IoT) connectivity worldwide. The funding is in line with the EIB's backing of European startups working on innovative space technologies and solutions. The initiative will enhance the European Union's connectivity in space and provide low-cost, IoT-based asset monitoring services in various sectors such as agriculture, livestock management, fisheries, protected areas, fire management, and environmental uses.
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Market Coverage
• The market number available for - 2024-2035
• Base year- 2024
• Forecast period- 2025-2035
• Segment Covered-
o By Component
o By Connectivity Technology
o By Deployment Mode
o By Organization Size
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape - Amazon Web Services, Inc., Cisco Systems, Inc., IBM Corp., Microsoft, Siemens AG, among others.
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Key questions addressed by the report.
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Internet of Things (IoT) Market Report Segment
By Component
• Hardware
• Software
• Services
By Connectivity Technology
• Cellular (4G/LTE, 5G)
• Wi-Fi
• Bluetooth
• Zigbee
• LoRaWAN
• NFC
• Satellite Communication
• Ethernet
By Deployment Mode
• On-Premise
• Cloud-Based
By Organization Size
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises
By End-User
• BFSI
• IT & Telecom
• Manufacturing
• Transportation
• Healthcare
• Retail
• Energy& Utilities
• Residential
• Government & Defense
• Others
Global Internet of Things (IoT) Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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Contact Us:
Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Website: www.omrglobal.com
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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