21 Trending Iot Products Businesses [2024]

Pat Walls

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Updated: November 16th, 2023

Start An Iot Products Business

The Internet of Things (IoT) products business involves creating and selling innovative devices that are interconnected to the Internet, enabling seamless communication and data exchange between devices.

Entrepreneurs in this industry design smart solutions that enhance everyday life, ranging from smart home devices and wearables to industrial sensors and healthcare gadgets.

With the rapid growth of IoT technology, the IoT products business offers a lucrative opportunity for individuals to tap into a market hungry for interconnected and intelligent devices.

Success in the IoT products business requires a combination of technical expertise, creativity, and a keen understanding of market trends.

Looking for some examples of a iot products business?

Interested in case studies of a successful iot products business? Check out our full list of success stories.

1. AT&T

AT&T 5G. Now Nationwide. We're committed to keeping you connected. Get 24/7 support & manage your account online. Explore unlimited data plans, Internet service, & AT&T TV.

Where they're located: Nashville, Tennessee, USA
Website traffic: 163M/month

2. Fibre Broadband, TV Packages, BT Sport & Mobile Deals

From Superfast Fibre broadband to TV & Mobile, BT helps UK families, communities & companies reach their potential. Find out more about BT products now.

Website traffic: 38.1M/month

Learn more about starting an iot products business:

Where to start?

-> How much does it cost to start an iot products business?
-> Pros and cons of an iot products business

Need inspiration?

-> Other iot products business success stories
-> Marketing ideas for an iot products business

Other resources

4. TELUS

By choosing TELUS you get access to amazing plans, phones and high-speed internet on Canada's fastest network, and help connect Canadians in need.

Website traffic: 9.63M/month

5. Particle

Particle is a fully-integrated IoT platform that offers everything you need to deploy an IoT product.

Website traffic: 220K/month

6. IOTA

IOTA has re-engineered the principles of existing distributed ledger technology to provide a fee-less, open-source, secure data and financial exchange protocol for everyone

Where they're located: Ogooué-Lolo, Gabon
Website traffic: 360K/month

7. Blynk IoT platform: for businesses and developers

Join the most popular Internet of Things platform with free Cloud, iOS and Android mobile apps, Web dashboard, and Machine Learning

8. Very

Very is a product development firm with expertise in IoT and full-stack and mobile application development. Our senior teams have been building scalable, production-ready applications for the last seven years, launching more than 250 products. Visit our website to learn more.

9. Leverege

Proven Internet of Things (IoT) products and managed services to transform your business and get ahead of your competition.

10. Tractian

Monitor your industrial assets with the most complete predictive system on the market that informs you about the operation, improving the performance of your machines.

How much they make:
Where they're located: São Paulo, State of São Paulo, Brazil
Current team size: 145

11. Develco Products

Develco Products is a technology company that specializes in wireless communication solutions for the Internet of Things market. They serve a niche market of customers looking for smart home and smart energy solutions. The company was founded in 2007 and has grown to have over 100 employees. They have seen steady revenue growth over the years, thanks to their innovative products and strong entrepreneurial spirit.

12. Developer Bosch IoT Suite

The Bosch IoT Suite is the Bosch Group’s core software platform that provides the technological basis for sophisticated IoT solutions.

13. akenza

Best-in-class IoT platform for your next smart solution. It connects, controls, and manages IoT devices; all in one place. Book a Demo Today!

14. IoT.nxt

The IoT.nxt solution allows businesses to create a technology-agnostic, digital overview of their entire organisation and draw insight from the data their connected ‘things’ generate.

15. Laipac Technology Inc.

For over 20 years, Laipac has crafted the most reliable & user-friendly IoT, IoMT, mPERS (mobile personal emergency response systems) & Telehealth Solutions

How much they make:
Current team size: 10

16. IoT Training

An Internet of Things business and technology resource including the ICIP online IoT training and certification program and IoT Inc book by Bruce Sinclair

17. TensorIoT

At TensorIoT, we design best-in-class products and solutions to connect devices and make them intelligent.

18. Saudi IoT – Redefining Communication

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Starting An Iot Products Business: Everything You Need To Know

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20. Samsara

Samsara’s portfolio of complete IoT solutions combine hardware and software to bring real-time visibility, analytics, and AI to operations across diverse sizes and industries: from transportation and logistics to field services, food production, energy, construction, local governments, and manufacturing.

Where they're located: El Paso, Texas, USA
Website traffic: 2.89M/month

21. Crown Digital IO

Crown Digital harnesses the future-ready power of robotics and Artificial Intelligence to open doors with cutting-edge solutions for the not-so-distant future.

Where they're located: Singapore
Current team size: 39