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Re:SpaceX just got FCC approval to launch 7,518 satellites by dr_orpheus on Thursday November 15, 2018 @03:23PM (#18462930)
There is definitely a market for this. Orbcomm already does this for a lot of machine to machine communication. However, their data rates are quite slow on the order of kbps.
Re:SpaceX just got FCC approval to launch 7,518 satellites by dzhiurgis on Thursday November 15, 2018 @04:28PM (#18463538)
Same with Iridium Certus/Next - their devices are rumoured to be tiny chips (even with current constellation the hotspot is just slightly larger than modern 4G ones).

You don't really need much bandwidth for most IoT apps.