A recent report by the ABI mentions that there will be over 24 million IoT satellite-linked connections by the end of 2024. This project will enhance the connectivity quotient of the world and make it seamless without any interference.
The ABI research adds to its report, that the new IoT investments will bring prosperity to various sectors including asset tracking, agriculture, aviation tracking, and maritime tracking. A research analyst at ABI Research, Harriet Sumnall mentions that the cellular networks are capable of covering only 20% of Earth's surface whereas satellite-linked IoT connections are capable of covering the entire globe surface from poles to poles.
Sumnall also adds that the existing satellites along with the new establishment will enhance global connectivity. The market for satellite connection stands poor today but it will eventually bring in growth opportunities in the future.
The research reports also mention that the prime motive of establishing these satellite-linked IoT connections is to help the aviation and maritime tracking sectors. Various new and old satellite providers such as GlobalStar and Inmarsat are contributing to this plan to increase the efficiency of global connectivity. The start-up constellations such as SpaceX and Amazon are all set to launch LEO (Low Earth Orbit) Satellites.
Amazon gave confirmation news on April about their launch plan of 3,236 satellites to help global connectivity. This project of Amazon is known as "Project Kuiper". Amazon's project aims to cover the range between 56th parallel North and 56th Parallel south. On the success of this project, more than 95% of the world's population will get access to seamless connectivity. Amazon is currently waiting for the approval from FCC.
The world is experiencing various technological advancements and the new report from ABI research is boosting the hopes of the global population towards seamless connectivity.
**This post was published on https://www.abiresearch.com
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