The Internet of Things is still very much a growth industry. As a technology area whose development is dictated by the needs of the operational side of any given business, it’s a new challenge for traditional IT companies – and one that gives them an unusual array of competitors. But there are always going to be a few companies that set the tone, and we’ve collected what we think are the 10 most powerful players in the IoT sector right now.
A word on methodology. We began by looking at about 25 prominent corporate names in IoT, comparing them based on how innovative their technology is, their market share and solution depth and breadth. What we mean by the latter two terms is fairly straightforward. Depth refers to how much of the stack in a given IoT implementation that a company’s products are designed to handle, while breadth refers to how many different verticals to which those products are relevant. Market share can be difficult to measure, so we offer those estimates based mostly on extensive conversations with and data provided by analysts. Finally, where innovation is concerned, we tried to get a sense of the degree to which a given company’s technology is unique or at least much-imitated by its competitors. Here's the 10 most powerful in alphabetical order.