Forecasts on future Internet of Things (IOT) business opportunities are enough to give a salesperson high blood pressure.
IDC forecasts a Compound Annual Growth Rate (CAGR) of 13.6 percent from 2017 to 2022, when worldwide spending on IOT will reach $1.2 trillion.
IOT Analytics offered a near-term forecast that the global IOT market will grow 37 percent to $151 billion in 2018 alone.
Meanwhile, Ericsson expects there to be 3.5 billion cellular IOT connections in 2023, growing at a CAGR of 30 percent.
It may seem silly to ask the question, but will there be enough IOT business to go around, where satellite is concerned?