The IoT Satellite Revolution: Satellites More Than Over 24000 BY 2029
Internet of Things (IO) is on the precipice of an evolution where number of IO satellites will shoot up to over 24000 in 2029. It will not be an understatement to say that this sort of scaling is going to bring about global changes in our society, in how we engage with this technology.
A current snapshot of such satellites is presented in the following description:
To date, there are about 7,000 recurring satellites in space, with little more than a few dozen explicitly targeted to IoT use. However, as the world has shifted to demand connectivity across the globe as well as in data transfer, the requirement for additional more IoT satellites is felt.
The Drivers of Growth
Several factors are driving the growth of IoT satellites:Several factors are driving the growth of IoT satellites:
Increased Demand for Global Connectivity:
This has therefore created a demand for IoT satellites that will enable efficient transfer of data and communication across the world.
Advances in Technology:
Enhancements in satellites for instance miniaturization of satellites, and the general reduction of cost is enabling organizations to send more satellites.
Government Initiatives:
Governments are venturing to support IoT satellites as they act as a boost for different countries’ economy and help many people.
IoT satellites is a new approach to the Internet of things that brings about beneficial changes to the society as follows:
The expansion of IoT satellites will have numerous benefits, including:The expansion of IoT satellites will have numerous benefits, including:
Improved Global Connectivity:
IoT satellites will complement IoT devices in ensuring that people have instant and efficient ways of getting connected to the internet and transfer data from one area of the world to the other especially in obscure regions.
Enhanced Data Transfer:
IoT satellites will help facilitate improvement of time and efficiency of data relay and used in smart city, farming, and medical applications.
New Business Opportunities:
The IoT satellites are going increase business opportunities such as manufacture of satellites, data analysis, and related services.
Challenges and Concerns
While the growth of IoT satellites presents numerous opportunities, there are also challenges and concerns:While the growth of IoT satellites presents numerous opportunities, there are also challenges and concerns:
Space Debris:
Thousands of new satellites bring space debris issues to the foreground besides the ones related to sustainable satellite launch.
Regulation:
Telecommunication satellites of the IoT have grown over the years and thus need proper regulation to enhance safety, security, and the available spectra.
Conclusion
The said number of IoT satellites will reach more than 24 thousand by 2029 thus is set to disrupt how our society operates. Of course there are some of the issues that should be discussed but in view of such opportunities as higher global connectivity, increased data transmission and new opportunities this seen as quite perspective and rather revolutionary step. With the inception of this journey, sustainability, regulation and, responsible innovation are the key principles that must be upheld to for a favourable future of IoT satellites.
