Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (2023)

Internet of Things (IoT) is a network of physical objects or people called “things” that are embedded with software, electronics, networks, and sensors that allow these objects to collect and exchange data in order to extend the Internet connectivity from standard devices like computer, mobile, tablet to relatively dumb devices like a Toaster or Bulb.

Today several industries use the Internet of things (IoT) in smart homes, smart cities, farming, IoT e-commerce chains, and manufacturing. Companies’ involvement in the Internet of things is on the rise worldwide, with big and small firms are developing IoT devices to offer integrated IoT services.

Following is a handpicked list of Top IoT companies with their website links.

Top IoT Companies | IoT (Internet Of Things) Service Providers

NameLocationFoundedNumber of employeesLink
SamsaraSan Francisco (USA)20151001-5000 employeesLearn More
Vates Florida (USA)1991500+Learn More
OxagileNew York, US2005350+ EmployeesLearn More

1) Samsara

Samsara is one of the leading service providers in IoT. They help you increase the efficiency, safety, and sustainability of the operations that power up your business. This IoT service provider firm offers data solutions that aim to enhance operational safety and efficiency for an array of industries.

The company’s connected sensors allow businesses to manage various operations easily. It helps you to track and monitor operations.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (1)

Location: San Francisco (USA)

Founded: 2015

Employees: 1001-5000 employees

Link:https://www.samsara.com/

2) Vates

Vates offers high-end prototyping services which helps you to ensure that your IOT product is market-ready. This IoT service provider assists you with critical decisions that occur during the design and development of an IoT software.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (2)

Location: Aventura, Florida

Founded: 1991

Employees: 500+

IOT Services: E IoT Software Development, IoT System Integrator, IoT Hardware Knowledge.

Link:https://www.vates.com/

3) Oxagile

Oxagile offers robust and secure IoT solutions driven by device-generated data and compliance. This IoT service provider has a team of IoT developers who help you with your IoT hardware/software development process and bring value to your business at any stage.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (3)

Location: New York, US

Founded: 2005

Employees: 350+ Employees

IOT Services:Software Development, IoT Consulting Services, Hardware Prototyping, and Integration Services.

Link:https://www.oxagile.com/competence/internet-of-things/

4) Verizon

Verizon is an IoT platform that enables connectivity management of IoT at a bigger scale. This firm helps you to troubleshoot, locate, and manage your IoT devices’ lifecycle.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (4)

Location: Delaware, United States

Founded: 1983

Employees: 10001+ employees

IoT Services: IoT Security Credentialing, IoT Marketplace, IoT for small business, Connected commerce, Connected fleet and field services.

More Information >>

5) HQ Software Industrial IoT Company

HQ Software is a well-known IoT service provider firm. They have completed 450 projects for 300+ clients from the USA, Australia, Norway, Denmark, Germany, and many other countries worldwide.

The firm mainly focus on each aspect of the IoT ecosystem for creating low-level programming for hardware. This IoT service provider firm also offers client’s new IOT products and service opportunities.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (5)

Location: Tallinn, Estonia

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Founded: 2001

Employees: 50 – 249

IoT Services: Automate processes, make better decisions based on enhanced analytics, and unveil a new product or service opportunities., Rapidly build a PoC or prototype to run focus group testing.

Link:https://hqsoftwarelab.com/solutions/internet-of-things/

6) IBM

IBM is one of the oldest and highly popular IoT firms. It offers the best IoT solutions which suits various industries and business.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (6)

Location: USA- (New York)

Founded: 1911

Employees: More than 10000

IOT Services: Manage and integrate IoT data. Maximize your IoT data. Keep your IoT secure.

Link:https://www.ibm.com/internet-of-things

7) PTC

PTC is one of the reputed IoT service provider company. The firm provides a market-proven solution that enables companies to drive digital transformation. The full form of PTC is(Parametric Technology Corporation)

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (7)

Location: Boston, Massachusetts

Founded: 1985

Employees: 5001 to 10000 Employees.

IOT Services: Industrial IoT-Build, Develop, & Deploy smart connected solutions.

Link:https://www.ptc.com/en/products/iiot

8) GE Digital

GE Digital is one of the best IoT companies that offer a wide range of test platforms, health modeling and distribution optimization. It provides the best analytical solutions according to your business.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (8)

Location: California- (USA), Vancouver (CA), Edmonton (Canada)

Founded: 2011

Employees: 1001-5000 employees

IOT Services: Asset connectivity, edge technologies, analytics and machine learning, big data processing, and asset-centric digital twins.

Link:https://www.ge.com/digital/

9) Bosch IoT Sensor Company

Bosch is an open-source-based software platform for IoT solutions. This IoT service provider firm helps connect with more than 10 million sensors, devices, and machines with their users and enterprise systems.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (9)

Founded: 1995

Employees: More than 10000

IoT Services: Creating digital representations of physical devices, managing and analyzing IoT data for creating digital representations of physical devices, Visualizing all data from diverse sources within one dashboard.

Link:https://www.bosch-iot-suite.com/

10) Eastern Peek

Eastern Peak is an IoT service provider that offers custom IoT app development services to startups, medium-sized companies, and enterprises. The company delivers a wide range of Internet of Things solutions and services.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (10)

Location: United Kingdom, London

Founded: 2010

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Employees: 100 – 249

IoT Services: IoT service for connected cars, IoT for sports and healthcare, Industrial IoT service, and IoT consulting services.

Link:https://easternpeak.com/services/iot-development/

11) Digi

Digi is an IoT company that helps you design, deploy, and manage a connected device network. It is built to provide seamless connectivity and reliable performance.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (11)

Location: Hopkins, Minnesota, United States

Founded: 1990

Employees: 501-1000 employees

IoT Services: Digi Remote manager, Wireless design services, Trustfency security network, Design and Build Services, Built-in Security, Remote Management.

Link:https://www.digi.com/products

12) SAP

SAP provides Internet of Things solution which offers capabilities to address industrial IoT. This platform enables users to reimagine business processes and models with embedded IoT services and data.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (12)

Location: Walldorf, BW

Founded: 1972

Employees: More than 10000

IOT Services: Cloud service for building IoT applications and integration to business applications. Big Data with built-in and managed event-driven integration framework, Analytical services with live integration to SAP Analytics Cloud.

Link:https://www.sap.com/india/products/iot-data-services.html

13) Cisco

Cisco Systems offers various products and services for Networking, IoT, Mobility & Wireless, Collaboration, Datacenter, etc. It helps you to transform your operational network to an IP-based Industrial network.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (13)

Location: San Jose, CA

Founded: 1984

Employees: More than 10000 Employees

IOT Services: IoT Networking, IoT Gateways, IoT Operations Management, IoT Data Management, IoT Security. Built-in security, IoT Utilities Services.

Link:https://www.cisco.com/c/en_in/solutions/internet-of-things/overview.html

14) Telit

Telit offers the industry’s best IoT products and solutions. This firm helps you to provide the best IoT expertise and development resources.

Telit offers products and solutions that include cellular communication modules in all technologies, GNSS, short-to-long range wireless modules, and IoT software platforms.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (14)

Location: London

Founded: 1986

Employees: 501-1000 employees

IoT Services: IoT Modules, IoT Connectivity, IoT platforms.

Link:https://www.telit.com/

15) Particle

Particle is an IoT platform that combines software, hardware, and connectivity as an integrated solution. This IoT service provider helps you to ensure that your IoT products are reliable, scalable, and secure.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (15)

Location: San Francisco, California

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Founded: 2012

Employees: 51-200 employees

IoT Services: Connectivity, Wi-Fi, Internet of Things, Infrastructure Management, and M2M.

Link:https://www.particle.io/

16) Intellias

Intellias is an IoT and digital solutions provider that delivers solutions to Fortune 500 companies and leading technology innovators.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (16)

Location: Lviv, Ukraine

Founded: 2002

Employees: 1,000 – 9,999

Major clients: LG, PTV Group, KIA, Swissquote Bank

IOT Services: Digital Consulting,

Link:https://www.intellias.com/

17) Konstant Infosolutions

Konstant Infosolutions is a widely known mobile app development company delivering best-in-class IoT solutions. This firm uses current technologies and tools for IoT solutions to provide a seamlessly connected experience to the customers.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (17)

Location: United States, India

Founded: 2003

Employees: 50 – 249

IoT Services: Business Value Across Markets, Strategic Consulting, Seamless IoT Integration.

Link:https://www.konstantinfo.com/iot-application-development.php

18) Mobiloitte Inc

Mobiloitte is an IoT service provider that helps you to make your business smart with its world-class, cutting-edge IoT application development solutions and services.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (18)

Location: United States, Singapore, and India

Founded: 2004

Employees: 250 – 999

IOT Services: IoT Application Development using IoT platforms, Industry Based IoT Services, Smart Healthcare,

Smart Agriculture, Smart Education, Home Automation, IoT Hospitality, IoT Telecom, etc.

Link:https://www.mobiloitte.com/internet-of-things/

19) Softeq

Softeq is a global full-stack IOT development firm that designs and develop IoT services, custom software, desktop apps, mobile apps, big data, and machine learning-powered solutions.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (19)

Location: Houston, TX

Founded: 1997

Employees: 250 – 999

IOT Services: Industrial IoT, Consumer IoT, Healthcare IoT, Hardware Prototyping and Design, Embedded Software Development, IoT Dashboards, Mobile Apps for Connected Devices.

Link:https://www.softeq.com/internet_of_things

20) Mobidev

MobiDev is an IoT service provider firm that helps you to create complex business-driven solutions. It focuses on innovation and transparency of actions, guaranteed product delivery, and continuous evolution. The company mainly focuses on Internet of Things, Augmented Reality and Data Science.

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Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (20)

Location: United States, Atlanta, India.

Founded: 2009

Employees: 250 – 999

IOT Services: IoT software architecture,IoT firmware integration, Smart connectivity, Cloud services for IoT, Predictive analytics, IoT consulting.

Link:https://mobidev.biz/services/iot-development

21) SoluLab

SoluLab is a leading IoT, web, and mobile apps development company. This IoT startup company provides ideal IoT solutions for your business.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (21)

Location: Netherlands, Utrecht

Founded: 2014

Employees: 50—249

IOT Services: IoT enabled blockchain development, web, mobile apps development, IoT, AI/ML, and Big Data development.

Link:https://www.solulab.com/

22) DCSL Software Ltd

DCSL Software is one of the UK’s leading IoT development companies. This firm helps you design intelligent, cost-effective, and intuitive IoT solutions, web applications, desktop applications, and mobile apps to streamline your business processes.

Top 20 Best Internet Of Things (IoT) Companies (Oct 2022) (22)

Location: United Kingdom, Romania

Founded: 1994

Employees: 50 – 249

IoT Services: Offers a completely customizable user interface (UI) dashboard, Quick and simple reporting that can be emailed or printed, Stores large amounts of data indefinitely.

Link:https://www.dcslsoftware.com/services/internet-of-things-iot/

FAQ:

❓ What is IoT?

IoT is a network of physical objects that are embedded with software, electronics, networks, and sensors. IoT stands for the Internet of Things. IoT allows these objects to collect and exchange data to extend the Internet connectivity from standard devices like computer, mobile, tablet to relatively dumb devices like a toaster.

🚀 Which are the Best IOT Companies?

Below are some of the Best IOT Companies:

  • Samsara
  • Vates
  • Oxagile
  • Verizon
  • HQ Software Industrial IoT Company
  • IBM
  • PTC

⚡ How to find the top IOT companies for your needs

Before selecting an Internet of Things company, you should send essential questions to your shortlisted companies like:

  • Dashboard Customizable: You should select an IoT company that offers a customized dashboard which gives additional freedom to control multiple active IoT devices.
  • IoT Security: You should ask about the policies that the IoT platform implements to ensure data safety. The top IoT solutions offer comprehensive tools like verification techniques, end-to-end encryption, login access control, etc.
  • IoT Protocols Compatibility:In an IoT architecture, device protocol is a crucial component for smooth operations of the IoT system.
  • Data Management Strategy:Data storage is a critical aspect of data management. Therefore, you should look for the company that provides the best data storage capacity and management to accommodate the data.

⭐ What are the advantages of IoT Technology?

Here are the key benefits of IoT technology:

  • Technical Optimization: IoT technology helps a lot in improving technologies and making them better. For example, with IoT, a Car manufacturer can collect data from various car sensors to analyze them to improve the design and efficiency of the car.
  • Improved Data Collection: Traditional data collection has its limitations and its design for passive use. IoT facilitates immediate action on data.
  • Reduced Time wastage: Internet of Things offers real-time information which leads to effective decision making & management of time and resources. For example, if a Car manufacturer finds an issue in multiple car engines, he/she can track the manufacturing process of those engines and solve the issue immediately.
  • Improved Customer Engagement: IoT allows users to engage and interact with IoT devices, which helps you to improve the customer experience by detecting problems and improving the process.

🏅 Which are the Top IoT applications?

IoT solutions are widely used in numerous companies across various industries. Some most common IoT applications are given below:

Application typeDescription
Smart ThermostatsHelps you to save resources on heating bills by knowing your usage patterns.
Connected CarsIoT helps automobile companies handle billing, parking, insurance, and other related stuff automatically.
Activity TrackersIt helps you to capture heart rate patterns, calorie expenditure, activity levels, and skin temperature on your wrist.
Smart OutletsRemotely turn any device on or off. It also allows you to track a device’s energy level and get custom notifications directly into your smartphone.
Parking SensorsIoT technology helps users to identify the real-time availability of parking spaces on their phones.
Connected HealthThe concept of a connected health care system facilitates real-time health monitoring and patient care. It helps in improved medical decision-making based on patient data.
Smart CityThe smart city offers all types of use cases, which include traffic management to water distribution, waste management, etc.
Smart homeSmart home encapsulates the connectivity inside your homes. It includes smoke detectors, home appliances, light bulbs, windows, door locks, etc.
Smart supply chainHelps you in real time tracking of goods while they are on the road or getting suppliers to exchange inventory information.

👉 How to choose the ideal IoT Platform?

Here are some important criteria to find the ideal IoT company for your business.

  • Your IoT service should design products for reliability and security.
  • IoT firm should use strong authentication and security protocols.
  • They should disable non-essential services
  • The IoT service should provide energy-efficient algorithms designed for the system to be active longer.

❗ What IoT Companies do?

IoT companies offer solutions that help businesses solve digital challenges and explore new revenue streams using IoT technology.

Here are some important tasks performed by IoT companies:

  • IoT software companies develop IoT systems, providing software and hardware integration.
  • They help their clients find cost-efficient ways to overcome their business obstacles.
  • IoT companies also provide full-stack IoT services to develop technologies for a variety of different industries.
  • IoT companies provide tools and resources to build IoT devices aligned with the unique requirements of your business.

FAQs

What is the top IoT stock to buy now? ›

Top IoT stocks
IoT StockMarket Capitalization
Cisco Systems (NASDAQ:CSCO)$233 billion
Alarm.com (NASDAQ:ALRM)$3.4 billion
Dexcom (NASDAQ:DXCM)$41 billion
Impinj (NASDAQ:PI)$1.7 billion
1 more row

Which IoT platform is best? ›

Top IoT Devices
  • IoT Platform Comparison.
  • Price Comparison.
  • #1) Google Cloud Platform.
  • #2) OpenRemote.
  • #3) IRI Voracity.
  • #4) Particle.
  • #5) ThingWorx.
  • #6) IBM Watson IoT.
24 Sept 2022

Who are the main players for IoT devices? ›

The first layer is sensors. And the module integrated of microcontroller, RF and memory can be said as Hardware piece. The major players in the HW for IoT devices are Gainspan, Artik (Samsung), Libelium, Particle, Silicon Lab, etc.

What is the internet of Things 2022? ›

“In 2022, the market for the Internet of Things is expected to grow 18% to 14.4 billion active connections. It is expected that by 2025, as supply constraints ease and growth further accelerates, there will be approximately 27 billion connected IoT devices.”

Who is leading the IoT industry? ›

1) Samsara. Samsara is one of the leading service providers in IoT. They help you increase the efficiency, safety, and sustainability of the operations that power up your business. This IoT service provider firm offers data solutions that aim to enhance operational safety and efficiency for an array of industries.

Is IoT stock a good buy? ›

Out of 9 analysts, 4 (44.44%) are recommending IOT as a Strong Buy, 3 (33.33%) are recommending IOT as a Buy, 2 (22.22%) are recommending IOT as a Hold, 0 (0%) are recommending IOT as a Sell, and 0 (0%) are recommending IOT as a Strong Sell. If you're new to stock investing, here's how to buy Samsara stock.

Which cloud provider is best for IoT? ›

10 Best IoT Cloud Platforms and their Comparison
  1. Amazon Web Services IoT Platform. Amazon dominates the consumer cloud market. ...
  2. Microsoft Azure IoT Hub. ...
  3. IBM Watson IoT Cloud Platform. ...
  4. Google IoT Cloud Platform. ...
  5. Oracle IoT. ...
  6. Salesforce IoT. ...
  7. Bosch. ...
  8. Cisco IoT Cloud Connect.

How many IoT companies are there? ›

IoT Analytics' latest research found 613 IoT platform companies currently operating.

What are 5 examples of IoT applications? ›

List of Top 10 Applications of IoT
  • Smart Homes.
  • Smart City.
  • Self-driven Cars.
  • IoT Retail Shops.
  • Farming.
  • Wearables.
  • Smart Grids.
  • Industrial Internet.

How big is the IoT market? ›

USD 384.70 Billion

Which software is used in IoT? ›

Comparing the internet of things software options
Google Cloud IoT Coreyesyes
Thingworx IoTyesyes
IBM Watson IoT Platformnoyes
Blynkyesyes
ProductAI/ Machine LearningDashboard
1 more row

What company use Internet of Things? ›

Cisco offers a suite of IoT products and solutions, including industrial sensors and connectivity management and automation. For example, these products can be used to increase manufacturing uptime, develop a smarter security grid and connect city infrastructure.

How many IoT devices are there currently in 2022? ›

While new headwinds, such as inflation and prolonged supply disruptions, have emerged for the IoT market, the overall sentiment continues to be relatively positive, with the number of connected IoT devices expected to reach 14.4 billion by the end of 2022.

What is the future of IoT? ›

The future of IoT has the potential to be limitless. Advances to the industrial internet will be accelerated through increased network agility, integrated artificial intelligence (AI) and the capacity to deploy, automate, orchestrate and secure diverse use cases at hyperscale.

What is the IoT future trend? ›

According to Omdia, the convergence of AI and edge computing is set to drive IoT's impact and value proposition. Edge capabilities on devices out in the field offer reduced latency, power consumption and costs linked to ferrying data to the cloud. That paves the way for more complex data types to be analyzed.

Should I invest in samsara? ›

Valuation metrics show that Samsara Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors.

What is the Internet stock? ›

The equity security of a company engaged primarily in a business associated with the Internet. Also called dot-com.

What does Digi International do? ›

Digi is a leading provider of IoT products and solutions supporting industries from retail and banking to medical, transportation and remote industrial applications.

How can I buy Internet of things? ›

How to Buy IoT Chain (ITC) Guide
  • Download a Metamask Wallet. ...
  • Set up your Metamask. ...
  • Buy Ethereum as Your Base Currency. ...
  • Send Ethereum From Binance to Your Crypto Wallet. ...
  • Choose a Decentralized Exchange (DEX) ...
  • Connect Your Wallet. ...
  • Trade Your Ethereum With the Coin You Want to Get.

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