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LEO satellites set to drive explosive growth in IoT connections

Cyprus Mail 28 August 2026, 06:30
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LEO satellites set to drive explosive growth in IoT connections
Satellite internet of things (IoT) connections are forecast to surge from 7.7 million in 2023 to 197.7 million by 2035, according to new research by Omdia, as businesses increasingly turn to satellite networks for global coverage and resilience. The projected increase represents a compound annual growth rate of 31 per cent, marking a period of […]