Top 5 IoT Companies in the World

In this piece, we will take a look at the top five IoT companies in the world. For more companies, take a look at Top 15 IoT Companies in the World.

5. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 71

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the largest semiconductor designers and sellers in the world. Its chips power wireless routers, smartwatches, cars, and other devices through modems.

QUALCOMM Incorporated (NASDAQ:QCOM) also provides IoT as a service, which enables its customers to use an end to end IoT system for connectivity and other needs under a single roof. Some of the industries that use QUALCOMM Incorporated (NASDAQ:QCOM)’s IoT products are shipping, construction, agriculture, education, and healthcare. It also holds a 47% share of the CDMA market for automotive applications.

QUALCOMM Incorporated (NASDAQ:QCOM)’s largest investor is Panayotis Takis Sparaggis’s Alkeon Capital Management which owns 4.2 million shares that are worth $541 million.