Analysts from Berg Insight expect the global satellite IoT subscriber base to hit 15.7 million by 2025 after surpassing 3.4 million in 2020.

The researchers predict the number of subscribers will increase at the compound annual growth rate of 35.8 percent.

IoT devices continue to proliferate rapidly. Satellites aren’t heading into orbit at quite the same pace but launches have certainly increased in tempo as an increasing number of companies seek to secure their slice...