👉 Businesses IoT (Internet of Things) encompass a diverse array of companies that design, manufacture, and deploy interconnected devices and systems to collect, exchange, and analyze data through the internet. These businesses focus on creating smart solutions that enhance efficiency, connectivity, and automation across various sectors, including manufacturing, healthcare, agriculture, smart homes, and transportation. They develop sensors, actuators, and software platforms that enable devices to communicate and make decisions autonomously, often integrating with existing infrastructure to optimize operations and improve user experiences. Key players in this space range from tech giants like Amazon and Google, which are expanding their IoT offerings through smart home devices and industrial solutions, to specialized startups focusing on niche applications such as predictive maintenance or environmental monitoring. The business model typically involves hardware sales, subscription-based services for data analytics, and partnerships with other companies to integrate IoT capabilities into broader ecosystems.
