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Top 25 IoT Companies by Sales

These days, nearly every tech company seems to have an IoT business. Here, we round up the top 25 by overall revenue.
  • Written by IOT Content Manager
  • 27th October 2016

Creating a list of the top IoT companies can be challenging. Apple has a reputation for being a leading IoT company among consumers, despite having tepid traction for its HomeKit and HealthKit platforms. Meanwhile, Google is working on an array of IoT projects while Microsoft has focused on Windows IoT Core and Azure. It is also difficult, however, to find concrete information that shows how much IoT-related sales each of the companies on this list has. A company's overall buying power, however, is one deciding factor because developing IoT technologies and platforms demands a substantial investment. 

Rank by Market Cap Company Name: Description of IoT Business Total Revenue in billions of dollars, as of 6/30/2016, except where noted 52-Week High Stock Price  Market Cap in Billions 52-Week Low Stock Price  Dividend Yield P/E Ratio  Notes
1 Apple (AAPL) HomeKit smart home and HealthKit health tracking platforms $75.87 $42,358.00 $626.03 $626.03B 1.97% 13.5  
2 Google (GOOG) Self-driving cars, home automation, IoT beacons, work on IoT standards, IoT cloud $21.50 $816.68 $552.88 $663.06 0 % 31.05  
3 Microsoft (MSFT) Windows 10 IoT Core operating system, Azure IoT $20.61 $61.37 $472.28 $48.04 2.36 % 29.28  
4 Amazon (AMZN) AWS IoT cloud, Amazon Echo home automation device, Amazon dash buttons $30.40 $847.21 $388.91 $474.00 0 % 205.37  
5 GE (GE) Predix IoT, an industrial cloud-based platform; connected industrial machines $33.49 $33.00 $256.43 $27.10 3.21 % 25.26  
6 AT&T (T) IoT starter kit, connected car business models $40.52 $43.89 $222.96 $32.22 5.23 % 15.55  
7 Verizon (VZ) ThingSpace cloud platform, LTE modems for IoT developers. $30.53 $56.95 $192.66 $43.79 4.83 % 13.89  
8 Samsung ARTIK platform, smart home, and digital health devices $44.44 $1,600.00 $175.85 $1,000.00 0.14% 10.89  
9 Intel (INTC) IoT hardware for various applications $13.53 $38.36 $164.48 $27.68 2.96 % 16.56  
10 Oracle (ORCL) IoT cloud service platform $8.60 $42.00 $157.66 $33.13 1.57 % 18.24 *revenue for 8/31/2016
11 Cisco (CSCO) * Cloud-based IoT software platform, connectivity hardware, IoT-related services and consulting. $12.64 $31.95 $153.25 $22.46 3.43 % 14.54 *revenue amount for 7/30/2016
12 IBM (IBM) IBM Watson IoT, cloud services $20.24 $165.00 $145.37B $116.90 3.71 % 12.43 *revenue amount for 7/2/2016
13 SAP (SAP) SAP HANA Cloud Platform for the IoT $22.59 $92.76 $107.04 $71.39 1.48 % 27.97 *revenue for 12/31/2015
14 Qualcomm (QCOM) IoT development platform, chips, security services. Acquisition of connected assets from NXP. $6.04 $70.40 $99.99 $42.24 3.13 % 19.89 *revenue for 6/26/2016
15 Siemens (SIE) IoT industrial platforms, IoT security services, connected industrial machines. $63.00 $122.84 $98.23 $86.58 3.37% 17.23 *Revenue for Q1 to Q3 in 2016. USD figure and dividend yield calculated on October 27, 2016.
16 Honeywell/Tridium (HON) IoT technology for industrial applications, smart buildings, and wearables. $9.99 $120.02 $83.25 $93.71 2.18 % 17.36  
17 Texas Instruments (TXN) IoT hardware and sensor platforms. $3.27 $72.58 $71.43 $46.73 2.12 % 24.08  
18 Salesforce.com (NYSE: CRM) IoT cloud $2.04 $84.48 $50.90 $52.60 0 % 242.63 *revenue for 7/31/2016
19 Johnson Controls (JCI) Smart building technology. Company merged with Tyco, which has its own IoT platform. $9.52 $48.97 $41.19 $30.30 0 % 34.06  
20 Schneider Electric (EPA: SU) Connected field devices. $6.62 _ $40.24 _ 3.33% 23.23 *Figure originally in Euros. USD amount calculated on October 27.
21 Hewlett Packard Enterprise (HPE) Edge computing technology, acquisition of Aruba Networks $12.21 $23.53 $35.98 $11.63 1.02 % 9.01 *revenue for 7/31/2016
22 Tesla (TSLA) Self-driving vehicle technology $1.27 $269.34 $30.29 $141.05 0 % -23.93  
23 Ericsson (ERIC) IoT accelerator $5.64 $10.20 $16.44 4.94 5.97 % 13.34 *Revenue converted from SEK on October 27.
24 Autodesk (ADSK) Enterprise IoT software platform $.55 $73.40 $15.68 $41.60 0 % NE  
25 Rockwell Automation (ROK) Industrial IoT applications $1.48 $126.15 $15.47 $87.53 2.40% 21.39  

 

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