The global non-terrestrial IoT gateway hardware and software market is witnessing strong growth as industries increasingly depend on Internet of Things (IoT) technologies to monitor assets, equipment, infrastructure, and operations in real time. Valued at US$ 230.2 Mn in 2021, the market is estimated to advance at a CAGR of 21.5% from 2022 to 2031, reaching approximately US$ 1.6 Bn by the end of 2031. Non-terrestrial IoT, also referred to as satellite IoT, enables connected devices to communicate through satellite and other non-terrestrial networks when conventional cellular or terrestrial connectivity is unavailable. IoT gateways act as critical connection points between sensors, intelligent controllers, devices, and cloud platforms, supporting data processing, storage, security, and communication while reducing the burden on individual connected devices.
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Market Size and Growth
The growing requirement for ubiquitous connectivity across remote and rural locations is a key factor driving market expansion. Industries such as transportation, logistics, maritime, agriculture, energy, and infrastructure frequently operate in areas with limited terrestrial network coverage. Non-terrestrial IoT gateways enable reliable data transfer between remote devices and cloud-based systems, supporting applications such as asset tracking, predictive maintenance, fleet management, environmental monitoring, and safety management. The deployment of 5G non-terrestrial networks and low Earth orbit (LEO) satellite constellations is further creating opportunities for seamless IoT connectivity. The integration of satellites, unmanned aerial vehicles (UAVs), radio access networks, and 5G infrastructure is expected to expand the number of connected IoT devices and accelerate demand for advanced gateway solutions through 2031.
Market Segmentation
The non-terrestrial IoT gateway hardware and software market can be assessed across hardware and software components, connectivity technologies, applications, and end-use industries. Hardware solutions provide the physical interface required to collect, process, and transmit information from IoT sensors and connected equipment, while software solutions support network management, data processing, security, device management, and cloud integration. Demand is particularly strong in transportation and logistics, maritime operations, agriculture, and other industries where assets are distributed across large geographic areas. In transportation and logistics, IoT gateways facilitate shipment tracking, fleet management, routing, security, and environmental monitoring. In maritime applications, gateways enable ship-to-shore connectivity for vessel tracking, predictive maintenance, crew safety, and operational optimization.
Regional Analysis
North America accounted for the largest share of the market in 2021, supported by the presence of major satellite IoT network operators and the early adoption of IoT and cloud-connected technologies. Extensive use of remote monitoring, data recording, and connected asset-management solutions is strengthening regional demand. Meanwhile, Asia Pacific is projected to register a high CAGR during the forecast period. Growing adoption of IoT in agriculture is a major contributor, particularly because many farms and agricultural facilities are located in rural areas where terrestrial network connectivity remains limited. Satellite-based connectivity can help farmers and agricultural enterprises maintain communication with connected sensors and equipment, creating substantial opportunities for non-terrestrial IoT gateway providers.
Competitive Landscape
The competitive landscape includes technology companies, satellite connectivity providers, telecommunications operators, and specialized IoT solution developers. Leading participants are focusing on expanding product portfolios, strengthening satellite and IoT connectivity capabilities, and developing solutions for transportation, logistics, maritime, agriculture, and remote monitoring applications. Key companies operating in the market include Vodafone Group Plc, Eutelsat Communications SA, ORBCOMM, Lacuna Space Ltd., Kineis, Wyld Networks Ltd., Satel Benelux, WTE Limited, GateHouse, FreeWave Technologies, Inc., ioSphere IoT, Iridium Communications Inc., and Astrocast. Strategic product development and the integration of satellite connectivity with emerging 5G and IoT technologies are expected to remain important competitive strategies.
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