Top 100 companies: Internet of Things

In 1999, British technologist Kevin Ashton came up with the term Internet of Things (IoT) to define a network that not only connects people, but also the objects around them. At the time, most people thought this was the stuff of science fiction films. Today, the Internet of Things – a vast network of connected objects collecting and analyzing data and autonomously performing tasks – is becoming a reality, thanks to the development of communication technologies and data analytics. The number of IoT devices worldwide is forecast to be close to 30 billion in 2030. The total Internet of Things (IoT) market worldwide was worth around US$182 billion in 2020, and is forecast to rise to more than US$621 billion in 2030. There are many verticals of adoption for the IoT, from wearable devices to smart cars, smart homes, smart cities, and even industrial equipment. This Company Insights data table shows essential KPIs of the world’s leading companies associated with the “Internet of Things” trend. It ranks them by overall revenue and includes household names such as Robert Bosch GmbH and Intel Corp.