Direct-to-Handset and IoT Could Be $9B Annual Opportunity by 2030: Kaleido
Revenue from direct-to-satellite connectivity for mobile phones and IoT could reach $9 billion annually for satellite operators by 2030, Kaleido Intelligence said Wednesday. There could be as many as 460 million IoT connections by then, it said. Services this year…
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mainly are smartphone messaging applications and support for limited sensor-based applications for narrowband IoT devices, with higher throughput services not gaining traction until around 2026, it said. The 3rd Generation Partnership Project's Release 18 for non-terrestrial networks could lead to better monetization opportunities, it said.