The Internet of Things (IoT) industry is set to exceed $2.4 trillion by 2029, driven by the evolution from basic connectivity to sophisticated IoT-powered applications, platforms, and services.

As tech pioneer Kevin Ashton explains, "The IoT integrates the interconnectedness of human culture — 'our things' — with the interconnectedness of our digital information system — 'the Internet.'"

Key IoT Companies and Their Innovations:

Chamberlain Group (Oak Brook, IL)

• Specializes in intelligent access solutions
• Develops cloud-based myQ technology for garage doors, gates, and smart home integration
• Focuses on seamless, secure access for homes and businesses

75F (Minneapolis, MN)

• Creates IoT-based building automation systems
• Uses predictive algorithms for HVAC and lighting control
• Optimizes energy efficiency and comfort through integrated hardware-software solutions

Memfault (San Francisco, CA)

• Provides cloud-based IoT device monitoring and debugging
• Tracks metrics like battery health, memory usage, and connectivity
• Manages software updates and fleet health monitoring

Samsara (San Francisco, CA)

• Delivers sensor data solutions for operational efficiency
• Specializes in fleet management and vehicle monitoring
• Offers real-time tracking and analytics

Cisco (San Jose, CA)

• Provides comprehensive IoT infrastructure solutions
• Offers industrial sensors and connectivity management
• Enables smart manufacturing and city infrastructure

Arm (San Jose, CA)

• Powers 70% of IoT and embedded market chips
• Simplifies IoT connectivity across industries
• Specializes in automotive, retail, and smart building solutions

Leading Enterprise Solutions:

PTC

• Offers industrial IoT platform ThingWorx
• Provides real-time IoT data analysis
• Improves operational safety and efficiency

GE Digital

• Serves aviation, utilities, and manufacturing
• Operates Predix industrial IoT platform
• Supports multiple application workflows

Security-Focused Providers:

Xage Security

• Uses blockchain for industrial IoT security
• Provides automated policy enforcement
• Offers edge authentication and device management

Armis

• Monitors connected devices for security threats
• Provides comprehensive asset discovery
• Offers non-disruptive passive monitoring

Emerging Innovators:

SoluLab

• Develops custom IoT solutions
• Creates smart home devices and automation systems
• Enables remote monitoring and control systems

Motive

• Combines IoT devices with AI-powered software
• Develops safety-focused solutions for transportation
• Offers real-time monitoring and alert systems

These companies represent diverse applications of IoT technology, from industrial automation to smart homes, showcasing the broad impact of connected devices across sectors.

Previous Articles