Internet of Things, connected devices, edge computing, and industrial IoT
Microsoft integrated IoT discovery into Defender and Entra ID at $11–14 per user monthly, undercutting standalone tools charging $20–40 per device annually. Armis raised $300M at $3.4B valuation to defend market position.
Siemens reported €7 billion in digital services revenue for fiscal 2025, anchored by Industrial Edge and IoT platforms. The broader industrial edge computing market is tracking toward $30.8 billion by year-end 2025.
IoT Analytics reports the enterprise IoT market reached $324 billion in 2025, growing 13% YoY. The firm says spending is moving from connectivity to autonomous operations and edge AI.
ServiceNow closed its Armis acquisition April 22, integrating real-time tracking of 7 billion OT/IoT devices. The move consolidates asset intelligence with identity governance, pressuring point-solution vendors.
MarketsandMarkets projects the industrial edge market will reach $44.73 billion by 2030, up from $21.19 billion in 2025. AWS and Azure's usage-based pricing now undercuts Siemens' tiered licensing by 30-50% in multi-cloud deployments.
Enterprise IoT analytics reached $35.4 billion in 2026, but the shift to edge-based agentic AI fundamentally reshapes vendor positioning—threatening Palantir, Databricks, and Splunk's cloud-centric models.
New driver eliminates middleware for LoRaWAN sensors in Niagara Framework, reducing deployment costs and integration time for enterprise building automation retrofits.
Small and mid-sized manufacturers are reshaping vendor competition by adopting interoperable, cloud-native platforms over monolithic factory automation suites.
ServiceNow closed its Armis acquisition April 22, integrating real-time monitoring of 7 billion IoT/OT devices into its AI platform—tripling its security market and pressuring standalone vendors.
Containerized GPU units bypass facility retrofits, reducing setup time and capex for manufacturers adding edge AI to production sites.
IoT Analytics' 2026 report documents enterprise IoT's pivot from connectivity to autonomous operations, forcing buyers to reallocate up to 30% of budgets toward edge AI infrastructure and away from cloud-centric architectures.
Netmore Group's purchase of Actility builds the world's largest LoRaWAN network operator, giving enterprise buyers a single vendor for massive IoT deployments that previously required multi-vendor integration.