Connected Devices Report
: Analysis on the Market, Trends, and TechnologiesThe connected devices market shows scale and capital intensity: the internal connected devices data reports total funding raised of $164.28B and total annual revenue of $391.87B, signalling commercial depth and ongoing investment into platforms, device fleets and services. Growth in installed endpoints (billions of devices) and rising demand for device lifecycle and security tooling create an urgent commercial opportunity for platform providers and edge-AI enablers, while interoperability and secure fleet management remain the primary barriers to enterprise and consumer scale Number of IoT connections worldwide 2022-2033 IoT device management market summary.
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Topic Dominance Index of Connected Devices
The Topic Dominance Index trendline combines the share of voice distributions of Connected Devices from 3 data sources: published articles, founded companies, and global search
Key Activities and Applications
- Device fleet provisioning, lifecycle and OTA management. Enterprises and OEMs invest in scalable device management (provisioning, OTA updates, monitoring) because growing fleets require automated health, security and compliance controls
- Environmental and facility telemetry for ESG and operations. Low-power sensors and people-count devices supply building-level ESG and operational dashboards used by facility managers and portfolio owners
- Energy and asset optimization via smart plugs and enterprise sensors. Metering and smart-plug solutions that capture per-device energy and utilization data drive CapEx/Opex optimisation and asset sharing in labs, offices and retail
- Context-aware access and perimeter systems. Access control is shifting from single devices to multimodal, context-aware systems that combine sensors, identity signals and on-prem inference for safety and convenience
- Cross-brand smart-home and building orchestration. Multi-protocol hubs and bridge services (Zigbee, Z-Wave, Thread, Matter) convert device heterogeneity into usable automation and analytics for integrators and telco partners Homey.
Emergent Trends and Core Insights
- Endpoint volume will continue to grow into the tens of billions, reshaping economics and tooling needs. Forecasts point to ~18–20B devices by 2025 and ~32–40B+ connections by 2030–2034, creating scaling pressure on connectivity, device management and security stacks IoT-Analytics: number connected IoT devices Transforma Insights forecast >40B by 2034.
- Edge AI moves from proof-of-concept to baseline capability. Inference at the edge reduces latency and data egress cost and preserves privacy for use cases such as real-time access decisions and industrial control Web search: 5G and edge AI enablers.
- Platform consolidation around interoperability and lifecycle services. Buyers prefer platforms that connect device onboarding, security and analytics; pure hardware vendors that lack clear platform pathways face adoption headwinds Ayla Networks.
- Security and secure onboarding become procurement gates. Zero-trust enrollment, hardware-backed keys and automated vulnerability scanning determine enterprise purchasing decisions as fleet size grows Northern.tech on device lifecycle & risk.
- Data monetization and services ascend the value stack. Raw telemetry becomes recurring revenue when packaged as analytics, predictive maintenance and consumption-based services; platform owners capture higher margins than commodity device makers Vision IoT device-agnostic analytics strategy connected device market growth and analytics subsegments.
- Sustainability and circularity inform product design and procurement. Investors and some OEMs demand longer-life, repairable hardware and energy-efficient designs; blockchain product passports appear in brand protection pilots Blue Clover Devices durability and production tooling.
Technologies and Methodologies
- Multi-protocol connectivity (Wi-Fi, BLE, Zigbee, Z-Wave, LPWAN, NB-IoT, cellular) with Matter bridging. Practical deployments combine several radios and rely on translation/hub layers to achieve cross-vendor orchestration BDE Technology BLE/Sub-1GHz modules.
- Edge gateways with cloud-managed orchestration. Gateways provide protocol translation, local rules and secure tunnelling; cloud management supplies fleet analytics and OTA distribution IoT gateway market strategic report.
- Lightweight, secure onboarding and zero-trust device identity. Hardware roots of trust, automated key provisioning and credential sharing avoid weak pairing flows and support large fleet rollouts
- Containerized edge runtimes and modular AI stacks. Tiny container/VM runtimes allow tested AI models to run on heterogeneous devices enabling local inference and safer over-the-air upgrades.
- No-code/low-code and developer frameworks for faster integration. Tooling that reduces integration time (from days to hours) widens developer adoption and shortens commercial cycles for integrators and OEMs IoTize ESPHome.
- Digital twins and predictive simulation. Twin models accelerate rollout testing, risk analysis and predictive maintenance, particularly for infrastructure and fleet applications.
Connected Devices Funding
A total of 4.2K Connected Devices companies have received funding.
Overall, Connected Devices companies have raised $173.5B.
Companies within the Connected Devices domain have secured capital from 16.4K funding rounds.
The chart shows the funding trendline of Connected Devices companies over the last 5 years
Connected Devices Companies
- dnEnviro — dnEnviro supplies low-power environmental and people-count sensors plus a platform focused on real-time ESG reporting and building-level analytics; their TOF people-count sensor and plug-free power sensors illustrate deployment-friendly hardware that integrates into BMS and portfolio dashboards, targeting facility managers and property operators
- Sensorist — Sensorist produces small wireless temperature and humidity sensors with cloud-backed gateways for live monitoring; its product positioning targets precision environmental control (cold chain, labs, sensitive spaces) where regulatory traceability and continuous telemetry matter
- 1Home — 1Home builds protocol-bridging software for professional smart homes (KNX, Loxone) and exposes those estates to mainstream voice and mobile ecosystems (Apple Home, Google, Alexa); their ETS auto-detection and remote programming features shorten integrator time on site and improve post-sale support economics
- WattIQ — WattIQ packages a smart plug and fleet management platform to turn otherwise unconnected electrical assets into enterprise telemetry for utilization, energy and predictive maintenance use cases; their device-agnostic approach aims at rapid ROI in labs, retail and commercial environments
- Durin, Inc. — Durin offers context-aware entry and access systems that fuse device signals and behavioral models to automate and secure home entry; they exemplify the shift toward multimodal, on-device intelligence for safety-critical consumer applications
Gain a better understanding of 27.5K companies that drive Connected Devices, how mature and well-funded these companies are.
27.5K Connected Devices Companies
Discover Connected Devices Companies, their Funding, Manpower, Revenues, Stages, and much more
Connected Devices Investors
Gain insights into 13.6K Connected Devices investors and investment deals. TrendFeedr’s investors tool presents an overview of investment trends and activities, helping create better investment strategies and partnerships.
13.6K Connected Devices Investors
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Connected Devices News
Gain a competitive advantage with access to 29.0K Connected Devices articles with TrendFeedr's News feature. The tool offers an extensive database of articles covering recent trends and past events in Connected Devices. This enables innovators and market leaders to make well-informed fact-based decisions.
29.0K Connected Devices News Articles
Discover Latest Connected Devices Articles, News Magnitude, Publication Propagation, Yearly Growth, and Strongest Publications
Executive Summary
The commercial battleground for connected devices now centres on platforms that combine secure, scalable device lifecycle management with edge intelligence and clear interoperability pathways. Volume growth (billions of endpoints) makes device management, secure onboarding and local inference non-negotiable requirements rather than optional features. The immediate strategic priorities for firms are clear: reduce friction for multi-protocol integration, embed device security and lifecycle controls into product value propositions, and convert telemetry into recurring analytics and services revenue. Companies that deliver those three capabilities—interoperability, managed lifecycle, and actionable data services—will capture the economics of device scale while lowering the total cost of ownership for customers.
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