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Global Satellite-enabled IoT Market to Grow at a CAGR of 6.9% by 2021 - Miniaturization to Drive Economic Viability is a Key Market Trend - Research and MarketsDUBLIN, June 20, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Satellite-enabled IoT Market 2017-2021" report to their offering. The global satellite enabled IoT market to grow at a CAGR of 6.91% during the period 2017-2021. This report, Global Satellite Enabled IoT Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion operating in this market. One trend in the market is evolution of IoT. IoT is represented as a network of cyber physical devices that consist of embedded electronics, sensors or actuators, software, and network connectivity. These devices collect and exchange data over the Internet. Further, the report states that one challenge in the market is delivery of two-way communication by basic radio-enabled systems. Stakeholders of satellite-enabled IoT may face challenges due to location constraints. The challenges are mainly associated with the transmission of signals that are dependent directly on the position of the satellite from the surface of Earth. This can induce a shift of going back to basic, standardized communication technologies from up-to-the-minute technologies. Key vendors:
Other prominent vendors:
Key Topics Covered: Media Contact: Research and Markets |