Satellite IoT Subscribers to Hit 42 Million by 2030 as Market Revenue Tops €2 Billion

The global satellite IoT communications market is entering a major growth phase as satellite operators extend connectivity to industries and locations beyond the practical reach of terrestrial mobile networks. Satellite IoT subscriber forecast 2030 Satellite IoT connections surpassed 7 million subscribers in 2025 and are forecast to reach 42 million by 2030, representing a compound annual growth rate (CAGR) of 43.1 percent. Global satellite IoT connectivity revenue is projected to rise from €390