Top Industrial Internet Of Things (IIoT) Companies

The global Industrial IoT market is stimulated by an increased uptake of smart manufacturing and Industry 4.0 solutions in several sectors. Businesses are growing more dependent upon connected devices, sensors, and real-time analytics to become more efficient, decrease downtime, and optimize their supply chains. There is an increased demand for predictive maintenance, remote monitoring, and workplace automation in the manufacturing, energy, and transportation sectors.

Industry Overview

According to SkyQuest Technology “Industrial IoT Market By Deployment (On-Premise, Cloud-Based), By Offering (Hardware, Software), By Vertical (Manufacturing, Energy), By Connectivity Technology (Wired, Wireless Technologies), By Region- Industry Forecast 2025-2032,” Global Industrial IoT Market is projected to grow at a CAGR of over 8.2% by 2032, on account of urgent need for automating quantified data. The market is also supported by advances in cloud computing, edge computing, and artificial intelligence-enabled analytics, which help to facilitate the integration of IIoT solutions into 3rd party systems. Additional factors contributing to the growth of the market are more supportive government policies, larger investment sums paid for digital transformation, and the desire for operational sustainability and energy efficiency.

Top 10 Global Industrial IoT Companies

1. Siemens AG

Siemens AG was established in 1847 and is headquartered in Munich, Germany. It is a global leader in technology with a focus on automation, electrification, and digitalization. Its Industrial Internet of Things (IIoT) portfolio includes the MindSphere platform, digital twins, edge compute solutions, and smart factory solutions.

2. PTC Inc.

PTC Inc. was founded in 1985 and is headquartered in Boston, MA, USA. PTC is a global leader in IIoT and augmented reality products and has developed ThingWorx, which enables industrial companies to connect devices to the Internet of Things, analyze data, and optimize industrial operations. PTC also develops augmented reality products through the Vuforia technology which is used for training, maintenance tasks, and remote support in industrial applications.

3. General Electric (GE)

General Electric was founded in 1892 and is headquartered in Boston, Massachusetts, USA. GE leverages its industrial knowledge and experience to provide IoT solutions to its customers through its technology, Predix. GE's Industrial IoT (IIoT) solutions focuses on asset performance management, predictive maintenance, and industrial analytics, and these solutions are used in the energy, aviation, and manufacturing industries to improve operational efficiency.

4. IBM Corporation

IBM was founded in 1911 and is headquartered in Armonk, New York, USA. IBM offers a broad range of IIoT products through its Watson IoT platform. IBM uses its expertise in artificial intelligence (AI), analytics, and edge computing to provide predictive maintenance, remote monitoring, and operational optimization. IBM provides its services to industrial customers globally, enabling their digital transformation process.

5. Cisco Systems, Inc.

Established in 1984 and located in San Jose, California, USA, Cisco Systems provides networking infrastructure, industrial switches, gateways, and secure connectivity for IIoT applications.

6. Microsoft Corporation

Founded in 1975 and based in Redmond, Washington, USA, Microsoft provides IIoT Solutions via its Azure IoT suite, which encourages digital twins, predictive maintenance, and analytics based on AI for industrial operational applications. Furthermore, Microsoft's cloud infrastructure and AI services support enterprise adoption of smart factory technology and the optimization of industrial workflows.

7. Amazon Web Services (AWS)

AWS, officially launched as part of Amazon in 2006, based in Seattle, Washington, USA, provides cloud-based IIoT solutions such as IoT Core, IoT SiteWise, and Greengrass, and acts to integrate edge-to-cloud data, real time monitoring and contained predictive analytics.

8. Intel Corporation

Founded in 1968 and based in Santa Clara, California, USA, Intel provides both hardware and computing solutions in IIoT. Intel's processors, edge computing platforms and hardware for real-time data acquisition support industrial automation, predictive analytics, and connected devices.

9. ABB Ltd.

ABB, based in Zürich, Switzerland, and founded through a merger in 1988, is a global leader in robotics, automation, and electrification. Its ABB Ability platform provides IIoT solutions supporting predictive maintenance, smart grids, and industrial automation.

10. Honeywell International Inc.

Honeywell delivers industrial automation services and IIoT solutions through Honeywell Forge, its proprietary technology platform, from its headquarters in Charlotte, North Carolina, where it was founded in 1906. Honeywell Forge enables its customers to optimize their processes, manage predictive maintenance, provide safety analytics and situations for remote monitoring, across a variety of industries such as manufacturing, energy, and aerospace, providing operational efficiency and digital transformations.

Other Leading Global Industrial IoT Companies

• Schneider Electric
• Rockwell Automation
• Bosch (Bosch Connected Industry)
• Hitachi Vantara
• Fujitsu
• SAP SE
• Oracle Corporation
• Emerson Electric Co.
• Yokogawa Electric Corporation
• Mitsubishi Electric Corporation
• Toshiba Digital Solutions
• Huawei Technologies Co., Ltd.

Conclusion

The global industrial IoT market will benefit from strong growth as sectors begin to adopt digital transformation, and smart manufacturing technologies. Connected devices, along with analytics and automation, are helping organizations improve efficiency, reduces costs, and improve decision-making. Continued advancements in AI, cloud and edge computing, will further support market adoption, particularly as governments support utilization of industrial and smart manufacturing solutions which contribute to the advancement of sustainable industrial practices. With increased focus on predictive maintenance, real-time monitoring solutions and smart factory initiatives, the market is projected to steadily increase and present plentiful opportunities for technology providers and industrial businesses on a global scale.