U.S. Satellite Iot Market Size & Outlook, 2024-2030

The satellite iot market in the United States is expected to reach a projected revenue of US$ 1,016.0 million by 2030. A compound annual growth rate of 13.9% is expected of the United States satellite iot market from 2025 to 2030.
Revenue, 2024 (US$M)
$470.9
Forecast, 2030 (US$M)
$1,016.0
CAGR, 2025 - 2030
13.9%
Report Coverage
U.S.

U.S. satellite iot market highlights

  • The U.S. satellite iot market generated a revenue of USD 470.9 million in 2024 and is expected to reach USD 1,016.0 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 13.9% from 2025 to 2030.
  • 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.

Satellite iot market data book summary

Market revenue in 2024USD 470.9 million
Market revenue in 2030USD 1,016.0 million
Growth rate13.9% (CAGR from 2025 to 2030)
Largest segmentLarge enterprises
Fastest growing segmentSmall & Medium Sized Enterprises
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLarge Enterprises, Small & Medium Sized Enterprises
Key market players worldwideORBCOMM, Globalstar, Northrop Grumman Corporation, Swarm Technology, Inmarsat, Kepler Communications, Myriota, Thales Group, Airbus SE

Other key industry trends

  • In terms of revenue, U.S. accounted for 37.5% of the global satellite iot market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. satellite iot market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 42.6 million by 2030.

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Satellite IoT Market Companies

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U.S. satellite iot market size, by organization size, 2018-2030 (US$M)

U.S. Satellite IoT Market Outlook Share, 2024 & 2030 (US$M)

U.S. satellite iot market size, by organization size, 2018-2030 (US$M)

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