As part of CRN’s 2024 Edge Computing 100, here are 25 providers that are specializing in 5G, IoT and edge services.

When it comes to the intersection of IoT and 5G, the future is looking bright.

Last year, there were only 25.6 million 5G-connected IoT devices, which made up a mere 0.7 percent of global cellular IoT connections, according to research firm IoT analytics.

However, the number of global 5G IoT connections is expected to increase at a compound annual growth rate of 59 percent from this year to 2030, when IoT Analytics expects the total number of 5G-connected devices to reach more than 800 million.

This underlines a massive opportunity for solution providers to partake in this growth opportunity by helping organizations connect, deploy and manage IoT solutions that operate on private and public 5G networks.

While a majority—95 percent—of global 5G IoT connections were on public networks last year and that trend is expected to largely continue for the years to come, IoT Analytics said the number of IoT connections over private 5G networks is expected to grow by 65.4 percent on average through 2030.

Network infrastructure may have made up 55 percent of corporate spending on private 5G last year, but most investments in the area are expected to shift toward managed services as well as management and orchestration software, the research firm said.

But these forecasts don’t fully touch upon other business opportunities in the channel that come with a broader view of the IoT and 5G services markets.

For instance, global IoT spending is expected to increase at a compound annual growth rate of 10.4 percent between 2023 and 2027, with such investments expected to reach $1 trillion in 2026, according to research firm IDC.

Meanwhile, 5G connectivity and network infrastructure deployments are expected to grow by 31.9 percent on average from last year to 2027 due to consumer adoption and enterprise digitization, research firm Gartner said last year.

With all these opportunities in the IoT and 5G markets, there comes a need for solution providers to understand which vendors they should make bets on.

As part of CRN’s 2024 Edge Computing 100, here are 25 providers that are specializing in 5G, IoT and edge services.

Armada

Dan Wright

Co-Founder, CEO

Armada enables organizations to process and analyze IoT data at the edge with its full-stack modular data center solution and Commander Connect software platform. The San Francisco-based startup in July said that it had raised a $40 million funding round led by Microsoft’s venture fund, which brought its total funding to $100 million.

AT&T

John Stankey

CEO

AT&T provides a variety of IoT and edge offerings for businesses that run on top of its 5G networks and other cellular networks. Earlier this year, the Dallas-based company launched the AT&T Smart Label offering, which is a shipping label equipped with sensors designed to track temperature, humidity, shock and tampering.

Cavli Wireless

John Mathew

Founder, CEO

Cavli Wireless seeks to cover the essential needs for cellular IoT applications with connectivity modules and embedded SIM cards. The San Jose, Calif.-based company has released multiple products this year, including the Arm-based CQS291 and CQS292 LTE Cat 4 modules for fleet management, telematics, e-mobility and other use cases.

Celona

Rajeev Shah

Co-Founder, CEO

Celona is bringing next-level connectivity to industrial edge applications with its private 5G LAN platform. Over the past year, the Campbell, Calif.-based company unveiled an integration with Palo Alto Networks to extend zero-trust security to 4G/5G networks and revealed the industry’s first automated embedded SIM offering.

Edge Impulse

Zach Shelby

Co-Founder, CEO

Edge Impulse is helping bring AI everywhere by letting businesses build datasets, train models and optimize libraries to run directly on any edge device. The San Jose, Calif.-based startup in September revealed a new suite of edge AI tools for industrial environments, including cutting-edge object detection for the production line.

EdgeQ

Vinay Ravuri

Founder, CEO

EdgeQ is bringing simplicity, scalability and affordability to private and public networks for edge applications with its Base Station-on-a-chip. The San Jose, Calif.-based startup has made multiple announcements this year, including a partnership with DenseAir and Radisys for a cloud-native, multitenant offering for mobile networks and a programmable 4G and 5G small cell radio access node with ActionTec.

Ericsson Enterprise Wireless

Åsa Tamsons

SVP, Head Of Business Area Enterprise Wireless Solutions

Ericsson Enterprise Wireless aims to accelerate digital transformation across a wide variety of organizations with private wireless networks, wireless WAN hardware and zero-trust offerings. Stockholm, Sweden-based Ericsson in September unveiled its strategy to drive enterprise adoption of 5G networks and said it will revolve around a focus on “flexibility and simplicity across the entire life cycle of deployment.”

Eseye

Nick Earle

Chairman, CEO

Eseye says it provides the “gold standard” in cellular IoT connectivity with SIM cards, routers, connectivity management software and private LTE and 5G network offerings. The U.K.-based company’s this year launched its Hera 200 entry-level IoT router and unveiled a plan to use Thales Adaptive Connect to simplify IoT deployments.

Kore Wireless

Richard Totton

President, CEO

Kore Wireless seeks to simplify operations and lower costs for IoT applications with global connectivity offerings that span multiple technologies and carriers. The Atlanta -based company this year unveiled, among other things, the development of an eSIM-based medical alert device with Medical Guardian and a connected health partnership with Social Mobile.

Lantronix

Saleel Asware

CEO

Lantronix is helping businesses develop IoT applications with a wide range of services and products, which include edge computing and cellular embedded modules as well as sensors, trackers and a device management platform. New products unveiled by the Irvine, Calif.-based company this year include edge compute trackers and a cloud-based device life-cycle management platform.

MachineQ, a Comcast Company

Steve Salata

VP, GM

MachineQ is taking the guesswork out of building and deploying low-power, wide-area IoT offerings with its fully integrated platform. The Philadelphia-based division of Comcast this year launched a new power monitoring offering to help businesses reduce energy usage as well as new hospitality offerings that help hoteliers detect early water leaks and bedbugs.

Nokia

Pekka Lundmark

President, CEO

Nokia is helping businesses build new digital services and applications across its mobile, fixed and cloud networks. The Espoo, Finland-based company this year unveiled a collaboration with Google Cloud to help developers create 5G applications and launched its Event-Driven Automation platform to reduce network disruptions.

Onymos

Shiva Nathan

Founder, CEO

Onymos says it’s empowering enterprises with the ability to build IoT applications with “unmatched speed, quality and value” through its Features-as-a-Service platform. The San Francisco-based company in March unveiled a development and commercialization partnership with global medical technology company Vapotherm, which will use the platform to securely connect its fleet of respiratory devices to the cloud.

Pratexo

Blaine Mathieu

CEO

Pratexo is helping operators improve the reliability and efficiency of their electrical infrastructure with its edge management and orchestration platform. The Austin, Texas-based company in February unveiled what it called the “industry’s first” root cause analysis expert system and said it uses generative AI to facilitate a “dynamic dialogue between the domain expert and the Pratexo AI engine.”

Qualcomm

Cristiano Amon

President, CEO

Qualcomm is helping businesses build cost-effective IoT applications and 5G RAN offerings with a variety of chip technologies. The San Diego-based company this year launched the Qualcomm QCC730 micro-power Wi-Fi chipset for low-power applications and the Qualcomm AI Hub, which provides pre-optimized AI models for Qualcomm-powered devices.

Semtech

Hong Hou

President, CEO

Semtech says its LoRa platform is “enabling the rapid development and deployment of ultra-low power, cost-efficient and long-range IoT networks, gateways, sensors, module products and IoT services worldwide.” The Camarillo, Calif.-based company this year also unveiled a collaboration with IoT tracking platform Traxmate and a real-time signal processing chip for advanced 5G services, among other things.

Silicon Labs

Matt Johnson

President, CEO

Silicon Labs is helping businesses integrate security, intelligence and connectivity into IoT devices with its chip and software technologies. The Austin, Texas-based company over the past year has unveiled the xG22E family of wireless system-on-chips designed for battery-free, energy-harvesting applications and a new family of eight-bit MCU chips optimized for price and performance.

Soracom

Ken Tamagawa

Founder, CEO

Soracom is improving network uptime for connected devices by enabling automatic connection across multiple carriers with its IoT connectivity platform. The Tokyo -based company, which began trading on the Tokyo Stock Exchange Growth Market this year, unveiled new generative AI capabilities in July that allow developers to build applications based on natural language queries.

Springdel

Calvin Chung

Co-Founder, CEO

Springdel is helping businesses uncover new market opportunities and reduce device downtime with its unified mobile device management platform. The Toronto, Ontario-based startup said in January that it had raised a $5 million funding round led by Carbide Ventures that will allow the company to develop AI-powered capabilities, including predictive maintenance, cognitive analytics and intelligent alerts.

Telit Cinterion

Paolo Dal Pino

CEO

Telit Cinterion is helping businesses overcome IoT connectivity challenges with wireless communication and positioning modules, cellular connectivity plans and management services and IoT platforms. The Irvine, Calif.-based company this year launched NB-IoT modules for power- and cost-sensitive applications and unveiled a partnership with Digi International and Nokia to boost 5G RedCap connectivity.

ThinkIQ

Doug Lawson

CEO

ThinkIQ is giving manufacturers the ability to extract AI-driven insight from internal and external raw data using its platform. The Aliso Viejo, Calif.-based company in January said that Japanese industrial giant Mitsubishi had invested in the company and struck a collaboration agreement with ThinkIQ to “jointly accelerate the growth” of its platform in Japan.

T-Mobile

Mike Sievert

President, CEO

T-Mobile is enabling connected workspaces, fleet management applications and other IoT use cases that take advantage of its 5G network. The Bellevue, Wash.-based company in January launched a bundle of connectivity hardware, software and services with Cisco Meraki that connects a wide variety of devices, including IoT devices and security cameras.

Verizon

Hans Vestberg

Chairman, CEO

Verizon is helping businesses improve their operations with IoT and fleet management offerings that take advantage of its cellular networks. The New York-based company this year launched developer APIs for applications running on Verizon’s 5G network and unveiled a plan to bring 5G connectivity to Vay’s fleet of teleoperated electric vehicles.

Zebra Technologies

Bill Burns

CEO

Zebra Technologies is arming businesses with real-time insight into their operations with mobile computers, RFIDs, tracking technologies, sensors and cameras, among other things. The Lincolnshire, Ill.-based company this year added new deep learning tools to its Aurora machine vision software and launched new offerings to improve the efficiency of retailers’ stores and warehouses.

Zededa

Said Ouissal

Founder, CEO

Zededa says it can bring down the cost of managing and orchestrating distributed edge infrastructure and applications with a zero-trust platform that can run on any hardware or operating system. The San Jose, Calif.-based company said in July that the number of edge nodes it manages increased by 58 percent in the first half of 2024.