Internet of Things, connected devices, edge computing, and industrial IoT
New Fortune Business Insights forecast puts 2026 smart manufacturing spend at $446 billion, with cloud deployments commanding two-thirds of the market — a validation of cloud-first IIoT platform bets.
Palo Alto Networks now requires all new IoT Security customers to manage devices exclusively through Strata Cloud Manager, eliminating standalone management options and reshaping consolidation vs. best-of-breed buying decisions.
Qt Group and Qualcomm pre-optimize Dragonwing IQ processors for manufacturing edge AI, promising faster pilot-to-production cycles and lower integration spend for OEMs.
GSMA's Open Gateway program now spans 47 operator groups and 300 networks with 90+ standardized APIs. Enterprises can now demand carrier-portable IoT connectivity in RFPs.
Siemens expanded Xcelerator integration with NVIDIA Omniverse and rolled out Industrial Copilot AI for PLC code generation. The move forces manufacturers to recalculate GPU infrastructure costs and control engineering staffing models.
Federal procurement rules now tie the FCC's IoT security label to supplier screening, with DoD direct-contract prohibitions beginning June 2026 and indirect restrictions in 2027.
MarketsandMarkets projects IoT tech market growth to $1.15 trillion by 2030, driven by edge computing and AI integration. The 3.7% CAGR signals stable, long-term growth that validates multi-year platform investments over pilots.
Three new forecasts project IoT analytics growing at 21-25% annually through 2033, while enterprise IoT spending reached $269 billion in 2023. 87% of projects now meet or exceed expectations.
IoT MVNO 1NCE now bundles satellite backhaul with its $10-for-10-years eSIM offer across 168 countries, shifting TCO math for remote industrial deployments. Wi-Fi 7 finalization pressures enterprise refresh budgets.
Global smart manufacturing market will grow from $394 billion in 2025 to $1.3 trillion by 2034. Enterprise buyers are consolidating spend toward vendors that integrate IoT, cloud, and AI into single operational stacks.
Claroty's new $100M+ funding round and Grand View's $44B IoT device management forecast signal enterprise IoT security budgets must grow 20%+ annually or accept rising regulatory and operational risk.
LF Edge consolidation and telco-backed Nephio initiative signal Kubernetes becoming default orchestration model for distributed IIoT deployments, reducing lock-in risk but requiring new integration budgets.