IOT Stock | IOT Companies To Watch For | IOT Forecast

Whats is IOT ?

IOT also Internet of things is a network of physical devices, objects and applications that can talk to each other. Here talking simply means exchange data between them. This off-course is enabled by the fast internet and as the internet speed keeps on increasing with the advent of 5g, the communication can be much faster and more creative things can be done.

Areas where IOT is applied ?

There are wide range of applications where IOT is applied, this includes smart home devices, wearable devices, connected appliances, industrial sensors, connected cars, smart healthcare devices, agriculture, industrial automation, smart energy management and smart city solutions.

IOT Stocks

IOT Stocks can include companies that manufacture devices, develop software and platforms, provide IoT connectivity solutions, offer services, or are involved in other aspects of the IoT ecosystem. This has gained significant investment in recent years due to its potential to revolutionise various industries such as manufacturing, healthcare, transportation, agriculture, and automobile among others.

IOT Companies

As this area has gained significant Interest, Let’s look at some of the companies along with some of the products that are heavily investing, developing in this area.

  • Qualcomm Inc. (QCOM) – Qualcomm is a leading semiconductor company, It provides chips for IOT devices specially in the field of Wireless Connectivity.
  • Cisco Systems Inc. (CSCO) – It is known for your networking equipment. It helps enterprises connect and monitor devices, secure and automate operations, and compute and manage data.
  • Nvidia – Nvidia also invests heavily in IOT. Prominent areas include video processing , robotics, drones, smart cameras, and industrial automation.
  • General Electric (GE) – GE offers IoT solutions primarily for industrial applications, known as Industrial Internet of Things (IIoT). Their offerings include asset monitoring, maintenance, and analytics specific to industry.
  • Intel Corporation – Intel provides a range of IOT applications including manufacturing, transportation, and healthcare.

Although these are only a bunch of them there are other companies like Inc, Alphabet Inc, Microsoft Corporation, Bosch, Sierra Wireless Inc etc who are also doing a lot in this area.

I hope that the info on this blog helps you in someway, you can definitely checkout these companies stocks and Investing in them can help in diversifying your investments. Also investing in stocks also involves risks, and it is advisable to conduct thorough research, consult with financial professionals, and consider your investment goals and risk tolerance before making any investment decisions.