Middle East & Africa Satellite Iot Market Size & Outlook
The satellite iot market in Middle East & Africa is expected to reach a projected revenue of US$ 605.0 million by 2033. A compound annual growth rate of 20.6% is expected of Middle East & Africa satellite iot market from 2025 to 2033.
Revenue, 2024 (US$M)
$114.6
Forecast, 2033 (US$M)
$605.0
CAGR, 2025 - 2033
20.6%
Report Coverage
Middle East & Africa
Related Markets
MEA satellite iot market highlights
- The MEA satellite iot market generated a revenue of USD 114.6 million in 2024.
- The market is expected to grow at a CAGR of 20.6% from 2025 to 2033.
- In terms of segment, large enterprises was the largest revenue generating organization size in 2024.
- Small & Medium Sized Enterprises is the most lucrative organization size segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2025 to 2033.
MEA data book summary
| Market revenue in 2024 | USD 114.6 million |
| Market revenue in 2033 | USD 605.0 million |
| Growth rate | 20.6% (CAGR from 2025 to 2033) |
| Largest segment | Large enterprises |
| Fastest growing segment | Small & Medium Sized Enterprises |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small & Medium Sized Enterprises, Large Enterprises |
| Key market players worldwide | ORBCOMM, Globalstar, Northrop Grumman Corporation, Swarm Technology, Inmarsat, Kepler Communications, Myriota, Thales Group, Airbus SE |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.7% of the global satellite iot market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,959.8 million by 2033.
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Satellite IoT Market Scope
Satellite iot market segmentation & scope
Satellite IoT Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Myriota | View profile | 51-100 | Adelaide, South Australia, Australia, Oceania | http://myriota.com |
| Globalstar | View profile | 251-500 | Milpitas, California, United States, North America | http://www.globalstar.com |
| Northrop Grumman Corporation | View profile | 10001+ | Fort George G Meade, Maryland, United States, North America | https://www.northropgrumman.com/ |
| Kepler Communications | View profile | 11-50 | Toronto, Ontario, Canada, North America | http://www.keplercommunications.com/ |
| Swarm Technology | View profile | 1-10 | Mesa, Arizona, United States, North America | https://www.swarmtechnology.us/ |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| ORBCOMM | View profile | 1001-5000 | Rochelle Park, New Jersey, United States, North America | http://www.orbcomm.com/ |
| Inmarsat | View profile | 1001-5000 | London, England, United Kingdom, Europe | http://www.inmarsat.com |
| Airbus SE | View profile | 150093 | P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA | https://www.airbus.com |
MEA satellite iot market size, by country, 2021-2033 (US$M)
Middle East & Africa Satellite IoT Market Outlook Share, 2024 & 2033 (US$M)
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