Internet of Things, connected devices, edge computing, and industrial IoT
New forecast shows digital twin market growing from $34B in 2026 to $385B by 2034 at 35% CAGR, with two-thirds of current spend coming from large enterprises, forcing CFOs to move twins from innovation budgets into core Capex planning.
The Connectivity Standards Alliance's Product Security 1.1 now certifies entire IoT systems—apps, gateways, and remote processes—shifting procurement from point-solution testing to platform-level assurance.
New forecasts project 12-18% annual growth for Industry 4.0 spending through 2030, moving smart manufacturing from pilot to core infrastructure budget. Platform lock-in risk intensifies.
NIST's new enterprise IoT security framework and September 2026 EU Cyber Resilience Act SBOM mandates force vendors to prove firmware controls or lose RFP eligibility.
New market data positions industrial IoT as the dominant edge computing use case, validating multi-year platform budgets and reshaping vendor competition between cloud providers and OT incumbents.
New market data shows digital twin spending reached $50B in 2026, growing 30-35% annually through 2034. Concurrent liaison agreements between DTC, IDTA, and OPC Foundation create the first enforceable interoperability baseline for enterprise buyers.
Connectivity Standards Alliance shifts security certification from individual IoT devices to complete systems, including apps and gateways, in response to fragmented global regulations.
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.