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“The IoT market is forecasted to have skyrocketing revenue around US$947.50 billion by 2024 worldwide,” according to Statista.

Compared globally, the USA is projected to have the highest revenue, generating approximately US$342.50 billion in 2024.

These statistics show that IoT (Internet of Things) technology has captured the entire world, and businesses are also embracing it to stay competitive in the tech landscape.

To get detailed insights about the IoT market, look below:

  • The enterprise IoT market size was estimated at $269 billion in 2023, growing at 15% annually. In 2024, this growth is estimated to increase by 12%.
  • The IoT market is forecasted to increase by 10.49% CAGR between 2024 and 2029, leading to a higher market volume of US$1560.00 billion by 2029.
  • The global IoT app development service market was valued at US$20 billion in 2022 and will be US$21.92 billion in 2023.  

In the write-up below, we have provided a list of the top 25+ IoT development companies to help businesses hire the best service provider. Startups, SMEs, and large-scale enterprises can shortlist IoT developers based on their budget, portfolio, experience, project requirements, and other factors.

Read further to know more:

Introduction to IoT Applications

IoT (Internet of Things) represents a wide network of interconnected devices embedded with sensors and technologies. IoT applications transfer data over the internet while enabling businesses to automate their operations and increase efficiency. These are also beneficial real-time data insights, improved decision-making, and automation by connecting every required device, such as vehicles, home appliances, and industrial equipment. 

Some particular IoT applications include smart homes, automated vehicles, healthcare wearable devices, etc., making it a highly adopted technology for digital transformation across industries. 

Top 25+ IoT App Development Companies You Must Consider in 2025 [Updated]

Have a look at 25+ IoT app development companies in 2025 that can help you build secure and scalable IoT solutions. They are: 

1. Octal IT Solution

Octal IT Solution

Octal IT Solution is a pioneer when it comes to hiring a top IoT app development company in 2024. It is an ISO 9001:2015 certified agency appraised to CMMi Level-3. Headquartered in California, this firm is a leading IoT development service provider of custom IoT app development, smart device solutions, cloud computing and Big Data solutions, wearable technology integration, etc.

This firm has a vetted team with higher technical expertise and strategic approaches to help businesses with different niches. Octal IT Solution has delivered hundreds of IoT projects across the USA, APAC, and Europe. 

Founded Year: 2007

Company Size: 50-249

Hourly Rate: $25-$49/hr

Key Services: Custom IoT solutions, IoT integration and consulting services, Cloud-based IoT infrastructure, and Data analytics for IoT apps

2. Very Technologies

Very is a trusted IoT solution development partner committed to quality and excellence. Experts at this agency emphasize the latest technologies, such as machine learning, data science, and Blockchain, to build proficient and robust IoT ecosystems. This firm is based in Bozeman and offers its core services across countries.

Very has a proven track record of transforming unique ideas into high-quality IoT solutions. Their services include IoT hardware & device engineering, AI & machine learning solutions, IoT product design, and many more. They have competent developers who work on agile methodology for efficient and faster development, ensuring that IoT solutions perfectly align with the latest market needs.

Founded Year: 2011

Company Size: 50-249

Hourly Rate: $200-$300/hr

Key Services: IoT product development, IoT data management, and cloud integration, Smart product design and prototyping

3. Gigster

Gigster is a leading firm providing a comprehensive range of IoT development services with a pool of talented developers. Located in Austin, this company specializes in building custom IoT software and digital solutions. Its experts combine AI-enabled project management tools with human expertise to deliver businesses’ best IoT solutions.

With a pool of 100+ vetted strategists, designers, and developers, they are able to lead a faster IoT product development process while ensuring the delivery of secure and quality solutions.   

Founded Year: 2014

Company Size: 250-999

Hourly Rate: $100-$149/hr

Key Services: Custom IoT solution development, IoT data management and cloud integration, Smart product design and prototyping

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4. AJProTech

AJProTech is an award-winning IoT development company situated in Calabasas. It specializes in building efficient consumer electronics and IoT products. The firm has a skilled team of IoT app developers with expertise in the latest technologies and tools. AJProTech has a 5.0 rating and offers end-to-end services, ranging from prototyping to custom software development and cloud integration.

This agency focuses exclusively on IoT product design and development, serving small companies as well as Fortune 500 enterprises.     

Founded Year: 2014

Company Size: 10-49

Hourly Rate: $100-$149/hr

Key Services: Custom hardware design for IoT devices, IoT ecosystem software development, IoT product consulting and testing

5. TheoremOne

TheoremOne is a well-known IoT development company with wide-ranging services. With a 5.0 rating, it has IoT, cloud computing, AI, and DevOps expertise. For over a decade, it has been assisting worldwide clientele with IoT product strategy, design, development, and maintenance to grow in the IT sphere.

From solving intricate challenges to building custom IoT ecosystems, TheoremOne has served a wide range of industries, such as logistics, healthcare, and consumer electronics. They ensure that they deliver tailor-made IoT products that align with the project’s technical requirements and business objectives.    

Founded Year: 2007, Los Angeles

Company Size: 250-999

Hourly Rate: $150-$199/hr

Key Services: IoT architecture consulting, Custom IoT product development, Data and analytics for IoT-enabled solutions

Check Out: How Much Does It Cost to Develop an IOT Mobile App?

6. Excellent WebWorld

Headquartered in Bloomington, Excellent WebWorld is a top-notch IoT app development service provider with specialization in mobile and web app development, cloud-based solutions, and product engineering. With more than 13 years of experience, this firm has helped startups, SMEs, and enterprise-level companies globally.

It is an ISO 9001-certified company that provides end-to-end services, including IoT consulting, strategy, full-stack IT solutions, product engineering, software development, AI predictive analytics, cloud-based development, and more.

Founded Year: 2011

Company Size: 50-249

Hourly Rate: $25-$49/hr

Key Services: IoT mobile and web app development, Data analysis for IoT device networks, Cloud and IoT platform integration

7. Velvetech LLC

Velvetech LLC specializes in custom IoT solutions for industries such as finance, healthcare, manufacturing, etc. This agency facilitates businesses with full-cycle IoT services, extending from hardware design to mobile and web app development to cloud integration, enabling smart device connectivity and data insights.

It is an award-winning custom IoT software development company that offers services such as hardware integration, AI/ML-based IoT solutions, enterprise system integration, BI and data engineering, CRM implementation, and others. This agency is based in Florida and serves clients worldwide, leveraging years of leadership and a strategic approach.

With a strong focus on innovation and in-depth research, their IoT mobile app developers leverage Machine Learning, Artificial Intelligence, and big data analytics to build secure and scalable ecosystems. Velvetech has also acquired rich expertise and proficiency in assisting industries like manufacturing, healthcare, distribution, telecommunications, etc., according to their specific requirements.

Founded Year: 2004, Sunny Isles Beach

Company Size: 50-249

Hourly Rate: $50-$99/hr

Key Services: IoT hardware and software integration, IoT solution development, Sensor-based data collection systems, AI/ML solutions for IoT data

8. Deepsea Developments

Deepsea is one of the best IoT app development companies with full potential to bring your idea to reality. The company is situated in Palo Alto and focuses on building advanced IoT solutions for industries such as healthcare, smart home technology, industrial automation, and others.

They have vetted and skilled resources to help businesses with IoT device development services, including designing hardware, cloud integration, mobile app development, etc. This firm uses agile methodology to ensure faster prototyping and iteration, assisting ventures with less time to market. Furthermore, Deepsea always emphasizes scalability and security while delivering reliable IoT solutions.    

Founded Year: 2017

Company Size: 10-49

Hourly Rate: $50-$99/hr

Key Services: Custom IoT hardware and embedded systems, IoT product design and engineering, IoT mobile and web app development, Cloud integration for IoT data management

9. Tepia

tepia

With a 5.0 Rating, Tepia is serving businesses globally with its advanced custom-made IoT solutions. From considering business requirements to delivering the desired product, they work through given guidelines using cutting-edge technologies and tools. Headquartered in Costa Mesa, Tepia is proficient in providing reliable customized IoT applications with visually appealing UI and higher effectiveness.

With a focus on tailored and innovative solutions, Tepia offers a wide range of services, including app concept, strategy, hardware design, cloud computing, and data analytics, to meet client requirements.    

Founded Year: 2012

Company Size: 10-49

Hourly Rate: $150-$199/hr

Key Services: IoT software and mobile app development, Smart device control systems, Custom IoT hardware and device integration

10. Porticos, Inc.

Porticos, Inc.

Porticos, Inc. is a leading IoT product engineering firm situated in Morrisville, North Carolina. At this reliable firm, they have talented resources with in-depth knowledge and proficiency in new-edge technologies to develop scalable IoT products. Porticos has assisted various Fortune 500 companies with their competent and feature-rich applications.

This agency has a 4.8 rating, and ensures to follow all the leads from clients and provide them an appropriate project plan. Porticos pride themselves on solving complex technical challenges on an early stage helping businesses with smooth operations and higher efficiency.  

Founded Year: 2003

Company Size: 10-49

Hourly Rate: $50-$100/hr

Key Services: IoT hardware development and mechanical design, IoT data collection and management systems, IoT product engineering

Read More: Top 75+ Mobile App Development Companies

11. Orangesoft

Orangesoft

Located in Warszawa, Poland, Orangesoft professionally delivers IoT solutions to manage business operations and augment user experience. This firm provides end-to-end services, including IoT web and mobile app development, system design integration, cloud solutions, smart home solutions, and others.

It has 4.9 rating and owns a proficient team of 100+ developers, designers, strategists, and analysts that turn dreams into reality. Additionally, this agency is famous for its strategic thinking and user-centric approach, fostering easy-to-use and intuitive IoT solutions. They always emphasize on delivering scalable and secure IoT products.     

Founded Year: 2011

Company Size: 50-249

Hourly Rate: $50-$99/hr

Key Services: IoT mobile and web app development, IoT device integration and software solutions, Smart home and smart city solutions, Cloud-based IoT systems

12. Mystic Media

Mystic Media

This firm is located in Utah and is known as one of the leading IoT development companies. The firm follows the latest trends to build IoT solutions and stay at the forefront of technology. With over two decades of experience, they have a vast team of senior programmers, designers, and analysts to create effective strategies and custom-made IoT solutions.

Mystic Media provides a wide range of services comprising cloud computing, data analytics, hardware integration, and more for industries like healthcare, consumer electronics, and smart home technology. Their specialized team responds quickly to align with business requirements.  

Founded Year: 2001

Company Size: 10-49

Hourly Rate: $150-$199/hr

Key Services: IoT device management, IoT mobile and web app development, IoT product design and consulting, smart device integration and control solutions

13. AppZoro Technologie, Inc.

AppZoro Technologie, Inc.

Appzoro Technologies is a top-notch firm offering amazing services with higher technical proficiency. Businesses can leverage the expertise of their professional IoT developers to create tailored websites, mobile applications, and software solutions. From app strategy and consultation to development and integration, they have much potential to provide desired outcomes across industries.

Located in Atlanta, this firm has experienced specialists to build creative IoT solutions using agile development process, and rapid product iteration. Their development team ensures their IoT solutions satisfy changing market and user requirements to maintain a higher quality standard.  

Founded Year: 2014

Company Size: 10-49

Hourly Rate: $50-$99/hr

Key Services: IoT app and software development, IoT cloud and platform integration, Smart home automation systems, and IoT embedded system

14. Spark DSG LLC

This agency is based in Pipersville and specializes in offering services like IoT mobile app development, cloud computing solutions and data analytics, custom software, IoT product consulting, UI design, and integration. Spark DSG focuses on building secure and user-friendly solutions, ensuring startups and enterprises launch IoT products smoothly.

With 4.9 rating, Spark DSG believes technology and appealing design are basics for the success of an organization. No matter if you are looking to redesign an IoT solution or build it from scratch, they’re ready to deliver a flawless user experience while driving your business forward.   

Founded Year: 2011

Company Size: 10-49

Hourly Rate: $100-$149/hr

Key Services: IoT mobile app and UI development, IoT-based cloud and data analytics, product design and integration, IoT product consulting and prototyping

15. Iomico

Iomico

Established in Warszawa, Iomico is counted among top IoT development companies focusing on building IoT hardware and embedded systems for diverse sectors. With its wide range of services, Iomico allows businesses to get connected IoT products to elevate operations and overall user experience. The firm also has expertise in complete IoT product development and firmware development, providing services from start to end.

They have an adroit team of experts to facilitate businesses with system and client-server software development, IoT product engineering, industrial design, etc. Furthermore, Iomico emphasizes the security and innovation of their IoT products.

Founded Year: 2012

Company Size: 10-49

Hourly Rate: $50-$99/hr

Key Services: Custom IoT hardware and embedded systems, IoT platform and cloud integration, IoT product development, Industrial IoT and smart product consulting

Also Read: Top 10 Cross Platform Mobile App Development Companies

16. KITRUM

KITRUM

One of the best IoT development agencies, KITRUM focuses on building smart, connected systems for better operational efficiency, real-time data insights, and automates processes. This firm offers a complete range of services for ventures including tailored IoT app and software development, smart home and other IoT integrations, cloud-based IoT architecture, and many more.

Located in Florida, KITRUM works thoroughly with clients to develop secure, scalable, and appealing IoT ecosystems, emphasizing a faster development cycle.     

Founded Year: 2016, Tampa

Company Size: 250-999

Hourly Rate: $50-$99/hr

Key Services: Custom IoT software and app development, IoT data processing and analytics solutions, Cloud-based IoT architecture design, Smart home and industrial IoT integrations

17. Brash Inc.

Brash Inc.

Established in Canada, Brash Inc. is a leading IoT service provider that transforms brilliant ideas into fantastic products by solving complex challenges. The excellent team at Brash collectively works on building connected IoT systems to enable automation, real-time data exchange, and augment customer experience.

Whether you want to start building a new solution or revamp the existing one, they deliver proficient solutions to enhance business efficiency and scalability. Their team of well-versed strategists and developers ensures to address all the specific requirements of businesses.   

Founded Year: 2017

Company Size: 10-49

Hourly Rate: $100-$149/hr

Key Services: IoT mobile and web app development, Cloud services for IoT applications, IoT data management and analysis

18. SpurTree USA, Inc.

SpurTree USA, Inc.

SpurTree Technologies is a leading IoT development company in Las Vegas that helps ventures with custom IoT solutions. They have over a decade experience and partnership with market giants like Shell Oil, IKEA, and Computershare. While providing reliable IoT products, they have also helped startups and enterprises improving operational efficiency, predictive maintenance, and better user experience.   

This company is entirely dedicated to assist ventures with the best IoT solutions leveraging leading-edge technologies and tools. Additionally, they also serve industries like healthcare & Pharma, Retail, manufacturing, and more with customized IoT app development, Smart IoT devices, and cloud integrations.    

Founded Year: 2010

Company Size: 250-999

Hourly Rate: $50-$99/hr

Key Services: Custom IoT app development, Smart device control systems, Cloud integration for IoT data management

19. ArcTouch

ArcTouch

ArcTouch is a proficient service provider that designs and develops scalable IoT apps, websites, and connected products. Placed in San Francisco, this firm provides end-to-end services including IoT product strategy, UI/UX designing, software development services, and maintenance.

The professional Team at ArcTouch is able to manage all the technical complexities of building smart devices, fostering better operational efficiency and user engagement. Additionally, they emphasize developing connected products to enable process automation and real-time data sharing.  

Founded Year: 2009

Company Size: 250 – 999

Hourly Rate: $50 – $99/hr

Key Services: Cloud-based IoT integration and backend systems, Custom IoT app development, IoT data analytics and insights

20. Code District

Code District

Headquartered in Washington, Code District provides its core services across industries like legal, real estate, manufacturing, healthcare, etc. It is one of the most recommended IoT development companies that help tech-based ventures, growing businesses, and established enterprises with their proactive specialists.     

With a 5.0 rating, they provide full-cycle product design and development services to create high-performing IoT products while maintaining higher security. Their created IoT apps also help businesses optimize operations, improve customer experience, and alleviate costs.    

Founded Year: 2017

Company Size: 50 – 249

Hourly Rate: $25 – $49/hr

Key Services: IoT mobile and web app development, IoT device connectivity and automation solutions, Cloud integration for IoT systems, IoT Data management and analytics

21. Stanfy

Stanfy

Stanfy lies among the best IoT app development companies focusing on creating IoT mobile and web apps to serve industries like automotive, smart home technology, healthcare, etc. The services they provide are cloud infrastructure, hardware integration, and data analytics, allowing businesses to build smart products to improve user experience.

Their proficiency in connected systems enables the team to deliver advanced IoT apps leveraging real-time data helping ventures to stay competitive.    

Founded Year: 2005, San Francisco

Company Size: 10-49

Hourly Rate: $50-$99/hr

Key Services: Custom IoT software and mobile app development, Cloud services for IoT platforms, IoT device integration and control systems, IoT data processing and analytics solutions.

22. Yalantis

Yalantis helps businesses in many areas with software creation, team building, business data advice, and custom software solutions. Yalantis’s reviews always talk about how well they can meet tight deadlines, produce high-quality work quickly, and adjust to new requirements. Clients like their clear communication, technical knowledge, and cultural fit, but some suggest that they could do a better job with estimates and resource freedom.

Founded Year: 2008, Warszawa, Poland

Company Size: 250-999

Hourly Rate: $25-$49/hr

Key Services: Custom Software Development, AI Development, BI & Big Data Consulting & SI, and IoT Development

23. DataRoot Labs

DataRoot Labs offers high-tech AI and machine learning services, such as ranking systems, computer vision, and natural language processing. Reviews talk about how quick they are, how well they handle projects, and how knowledgeable they are in technology. Clients always praise the company’s ability to perform high-quality work on time, often going above and beyond what was expected. DataRoot Labs is known for being a trustworthy and informed partner, which makes them a great choice for projects that use AI.

Founded Year: 2016, Kyiv, Ukraine

Company Size: 10-49

Hourly Rate: $50-$99/hr

Key Services: Generative AI, AI Development, AI Consulting, IoT Development, and Low/No Code Development

24. DARK BEARS

DARK BEARS offers full services for web building, design, SEO, and system integration. Reviews stress how technically skilled they are, how well they handle projects, and how well they can communicate. Clients like how focused, quick, and able to meet the needs they are, but they do have some small worries about how to match working hours. In general, DARK BEARS always provides solid and high-quality options.

Founded Year: 2009, Jaipur, India

Company Size: 50-249

Hourly Rate: < $25/hr

Key Services: IoT Development, Custom Software Development, Mobile App Development, Computer Engineering, and Back Office Outsourcing.

25. Black Sigma Technologies Ltd

Black Sigma Technologies Ltd is an expert in developing things that connect to the internet. They offer custom IoT solutions to meet the needs of their clients, with a focus on IoT consulting and IoT prototyping. Reviews praise their high level of skill, creative problem-solving, and technical knowledge, which helps them complete projects on time and save clients a lot of time and money. They deserve praise for being able to easily combine IoT systems with their current processes.

Founded Year: 2022, Kingston, Jamaica

Company Size: 10-49

Hourly Rate: $25-$49/hr

Key Services: IoT Development, Custom Software Development, AI Development, Mobile App Development, Product Designing, Web Development.

26. Focus

Focus focuses on Internet of Things (IoT) Development and provides IoT Solutions and IoT Consulting as well. People always praise the company for how well it handles complicated projects, how well it communicates, and how strongly it wants its clients to succeed. Their clients like how they can change and adapt, which leads to success on a wide range of projects, such as health technology, real-time data integration, and advanced digital signage systems. 

Founded Year: 2015, Montevideo, Uruguay

Company Size: 50-249

Hourly Rate: $50-$99/hr

Key Services: Custom Software Development, IoT Development, and Product Designing

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In a Nutshell,

To provide a complete overview, the IoT industry is expanding at a rapid pace and businesses that invest in this profitable market will gain huge profit. Building IoT-based solutions and connected devices will require a lot of expertise and proficiency in cloud-based solution development, hardware design, data analytics, and more.

From small startups to fortune 500 companies, there are various top IoT app development firms businesses can choose from. Octal IT Solution is also a leading IoT development company that can assist you in crafting data-driven solutions leveraging IoT and other technologies. Our experts are proficient in delivering quality results. You can connect with us for more information.   

FAQs

What are the security measures your experts implement in IoT application development?

Our experts consider several security measures such as regular audits, access control mechanisms, data encryption methods, and compliance with security regulations. It helps to keep the IoT applications secure and prevent user data from unauthorized access.

How do you communicate with the clients during the project development process?

Our team uses different tools such as Slack, Jira, Microsoft teams, Skype, etc. to communicate with the client flawlessly and transparently. It helps us to gather requirements easily and manage the process effectively.

What type of technologies, tools, and platforms do you use for IoT mobile and web app development?

We have expert developers who leverage well-versed and advanced technologies such as AI, ML, Blockchain, etc. accordingly to create a proficient IoT-based solution. Also, our experts ensure the chosen technology stack is able to handle the specific requirements of an IoT project.

THE AUTHOR
Managing Director
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Arun G Goyal is a tech enthusiast and experienced writer. He's known for his insightful blog posts, where he shares his expertise gained from years in the tech industry. Arun shares his knowledge and insights through engaging blog posts, making him a respected figure in the field.

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