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Omdia: Satellite Connectivity Poised for Growth as a Key Component in Hybrid IoT Networks

1. Satellite technology enhances IoT market resilience and coverage. 2. Technological advancements and decreasing costs open new market opportunities.

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Why Bullish?

The emerging satellite IoT solutions can benefit TTGT's market position. Similar innovations in tech sectors have historically led to stock growth.

How important is it?

The article indicates broad industry advancements that could eventually impact TTGT's growth and innovation strategies.

Why Long Term?

The advancements in satellite IoT may take time to influence TTGT significantly, similar to previous tech adoption cycles.

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LONDON--(BUSINESS WIRE)-- #IoT--Satellite technology is emerging as a critical complementary solution to terrestrial networks, enhancing coverage and resilience, according to new Omdia research Satellite IoT Market Landscape – 2025. The new report indicates that technological advancements, standardization efforts, and decreasing costs are creating new opportunities for service providers in consumer, enterprise, and IoT markets. Satellite broadband and direct-to-device smartphone communication represen.

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