IoT has become an integral part of the SATCOM industry, with around 2.7 million devices now serviced by satellites. The number of devices is expected to rise to around 24 million across the globe by 2024.
Fremont, CA: Satellites play a vital role in modern communications. Almost every industry relies on satellite technology in one way or the other. Satellites have made it easier to defend nations, save lives in emergencies, and provide critical information about how to protect against climate change. Satellites also offer economical solutions to expand connections. With the help of satellite internet provision, anyone can reach previously impenetrable areas.
Here, we are discussing some amazing trends in SATELLITE COMMUNICATION (SATCOM):
SmallSats are on a roll in the global market that is growing at a rapid pace in 2020. The increase in SmallSat’s popularity can be attributed to several factors, including an increase in government funding and private support coupled with the growing demand for research and development satellites. There is also a shift in the demand for low-earth orbit services to create satellite internet provision. Manufacturing and assembling techniques for SmallSats have developed rapidly in the past few years. In turn, developing and operational costs are being reduced as production increases.
In 2020, consumers will witness a new beginning in the satellite communications industry as global companies would thrive to become the first provider to offer a global high-speed, low cost, low-latency internet service. For instance, the US spaceflight company is poised to start offering its own satellite to the general population this year. Several other organizations, such as One Web and Citrus are planning to launch their own satellites by the end of 2020. These Low Earth Orbit (LEO) satellites are much smaller and orbit much closer to Earth than traditional geostationary satellites, reducing the lag associated with satellite internet.
Internet of Things (IOT)
IoT refers to the billions of physical devices around the world that now connect to the internet and share data between them. Low-priced computer chips and wireless internet connection have allowed us to turn anything into a part of the IoT.
IoT has become an integral part of the SATCOM industry, with around 2.7 million devices now serviced by satellite. The number of devices is expected to rise to around 24 million across the globe by 2024.
See also: Top IoT Companies