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Pune, Sept. 30, 2022 (GLOBE NEWSWIRE) — Satellite-Enabled IOT market report analyses top opportunities in the market and summarize the features that are and will drive the progress of the industry. Reports also focus on earlier growing patterns, growth drivers, and present and upcoming trends, and also estimate the overall development of the global Satellite-Enabled IOT market during 2022-2028.
The global Satellite-enabled IOT market size was valued at USD 11372.92 million in 2021 and is expected to expand at a CAGR of 29.31% during the forecast period, reaching USD 53167.87 million by 2027.
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A satellite is an artificial or man-made object that revolves around Earth. It provides a bird’s eye view of large areas of Earth at the same time. It can collect more data at a quicker pace than the instruments on the ground. The Global Satellite-Enabled Internet of Things (IOT) Market revolves around satellite-based services, which are or will be utilized by billions of IOT components or devices on the surface of Earth.
Global Satellite-Enabled IOT Market: Segment Analysis
The research report includes specific segments by region (country), company, type, and application. This study provides information about the sales and revenue during the historic and forecasted period
Types: –
- Military-based IOT
- Business-based IOT
Applications: –
- Defense and Military
- Civilian
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Geographic Segmentation: –
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of…
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