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$ 191.2 million by 2030. A compound annual growth rate of 13.8% is expected of Middle East & Africa satellite iot market from 2025 to 2030.
Revenue, 2024 (US$M)
$89.1
Forecast, 2030 (US$M)
$191.2
CAGR, 2025 - 2030
13.8%
Report Coverage
Middle East & Africa
Middle East & Africa satellite iot market, 2018-2030 (US$M)
Related Markets
MEA satellite iot market highlights
- The MEA satellite iot market generated a revenue of USD 89.1 million in 2024.
- The market is expected to grow at a CAGR of 13.8% from 2025 to 2030.
- In terms of segment, small & medium sized enterprises was the largest revenue generating organization size in 2024.
- Large Enterprises is the most lucrative organization size segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 89.1 million |
| Market revenue in 2030 | USD 191.2 million |
| Growth rate | 13.8% (CAGR from 2025 to 2030) |
| Largest segment | Small & medium sized enterprises |
| Fastest growing segment | Large Enterprises |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Large Enterprises, Small & Medium Sized 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 7.1% of the global satellite iot market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 773.6 million by 2030.
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Satellite IoT Market Scope
Satellite iot market segmentation & scope
Satellite IoT Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA satellite iot market size, by country, 2018-2030 (US$M)
Middle East & Africa Satellite IoT Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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