In this article we will take a look at the 14 best IoT companies. You can skip our detailed analysis of the IoT industry’s outlook for 2021 and some of the major growth catalysts for IoT stocks and go directly to 5 Best Innovative IoT Companies.
The Internet of Things (IoT) is on track to become a trillion dollar industry by the middle of this decade as relentless innovation drives remarkable growth and continues to spark investor interest from across the world. According to forecasts by global research and advisory firm Gartner, new IoT companies are now focusing on revenue generation not only through connectivity but by application development, platform hosting and other services.
Innovation is booming within the sector that managed to attract close to $20 billion in investments over the past year. According to Venture Scanner, a research firm that specializes in providing insights into emerging technologies, this innovative energy is evidenced by the explosion of IoT startups over the past few years. In 2020 alone, these seed and early stage companies attracted a whopping 68% of total investments in IoT.
The rollout of 5G internet services in many countries looks set to hasten the pace of research and development in IoT. Some companies are already setting a benchmark in this regard. Even as big IoT firms like Google Nest, Amazon Ring and GE Digital steal the spotlight and establish themselves in the marketplace, the 14 firms mentioned below have managed to hold their own in the IoT universe through sheer creative genius and business acumen.
most innovative internet of things companies
Zapp2Photo/Shutterstock.com
With this context and industry outlook in mind, let’s start our list of 14 most innovative IoT companies.
Best Internet of Things (IoT) Companies in the World
14. Skyworks Solutions, Inc. (NASDAQ: SWKS)
California-based Skyworks Solutions is one of the best Internet of Things companies in the world. The company enables connectivity for IoT products through its chips and communication equipment. For example, Skyworks’ SKY68020-11, which is a multi-band multi-chip RF front-end (RFFE) module, powers IoT and smart home devices. The company’s products are used by major companies including Amazon, Arlo, Google, Honeywell and Ring.
13. Sierra Wireless, Inc. (NASDAQ: SWIR)
Sierra Wireless is one of the best Internet of Things companies in the world, offering connectivity services for various IoT devices. The company provides embedded modules, routers and gateways to power IoT applications and devices. The company is known for its Cloud-based IoT solution called Octave. Octave processes data through modules, gateways, wireless connectivity and cloud APIs to facilitate decision-making in IoT systems.
12. NXP Semiconductors N.V. (NASDAQ: NXPI)
NXP Semiconductors offers various IoT solutions, including gateways, Cloud services and wireless equipment. The company in February launched EdgeLock 2GO IoT service platform for deployment and management of IoT devices. The platform is integrated with the company’s Common Criteria (CC) EAL 6+ certified EdgeLock SE050 secure element to protect IoT devices.
11. CalAmp Corp. (NASDAQ: CAMP)
CalAmp is one of the best Internet of Things companies providing solutions in the fleet management and industrial IoT industry. The company’s IoT solution provides real-time equipment and vehicle monitoring by giving insights into location and real-time updates about vehicles and fleet units.
10. Mocana
Mocana, founded in the early 2000s, is a …….
Source: https://finance.yahoo.com/news/14-best-internet-things-iot-151837111.html