17 Top IoT App Development Companies in 2024

Author: Ankitha VP
August 20, 2024
17 Top IoT App Development Companies in 2024

When you arrive at work, picture your thermostat adjusting to the perfect temperature for you, your computer starting up with each application you'll require for the day, and the lights simply adjusting to the proper brightness. IoT app development companies are contributing to the daily creation of this reality. The way we engage with the world around us is being drastically changed by the Internet of Things (IoT).

IoT application development services are predicted to witness a sharp increase in demand by 2024 as companies look for creative ways to link their gadgets and streamline operations. According to MarketsandMarkets, the global IoT market size is expected to reach $650.5 billion by 2026, rising at a 16.7% compound annual growth rate from 2021. 

This rapid expansion demonstrates the vital role of the top iot software development services in propelling this technological breakthrough.

We'll discover the 17 best IoT app development companies in India and other countries in 2024 in this blog.  This list will walk you through your best options, whether you're looking to work with a top IoT app development company or are just researching IoT app development solutions to make your idea a reality.

Importance of Expert IoT App Development Companies

State-of-art and top IoT app development companies or projects require a deep understanding of the technology and its applications. Companies that lack this expertise may struggle to create solutions that deliver optimal outcomes. 

Yes, you could hire experts, but the process is time-consuming as well as expensive. That is why it's important to partner with an experienced IoT app developer. 

Their experience will help in developing apps that are secure, scalable, and designed with scalability in mind. They will have a better and deeper understanding of the technology and will have proper management processes set in place as well. This will help in maximizing efficiency, all the while minimizing cost and development time. 

Interesting Read: Green IoT for Businesses.

17 Best IoT App Development Companies

We have ordered the list of IoT application development platforms based on the range of the services they offer and how cost-effective they are.

1. Toobler

Toobler - Top IoT app development companyLocations: US, UK, Canada, and India

Avg Hourly Rate: $29-49 per hour

Toobler is one of the leading IoT app development companies for businesses of all sizes. With an experienced team of experts, Toobler provides innovative solutions that enable organizations to leverage the full power of IoT.  

Toobler offers end-to-end IoT software development services, including system design, security & maintenance, and more. The IoT solutions built by the IoT app developers are customized to your needs and are designed with scalability in mind. Follow the link to learn how Toobler can help you with IoT app development

At Toobler, IoT app developers aim to provide world-class solutions that leverage cutting-edge technologies. And these technologies are not just limited to IoT, AI, and ML but also to digital twins.

Key Services Offered by Toobler

IoT App Development Projects Undertaken by Toobler

This project was to build an IoT-based mobile app that could connect people to their valuable assets in a whole new way. The tracking device is powered by “Tile,” the world’s smallest Bluetooth-based tracking device.  

The app allows one to track almost any asset with minimum configuration and navigate to the lost items easily. Toobler adopted the agile methodology and utilized the ThingSpine platform to build a native mobile app. 

The app is built for both IOS and Android devices. And can provide real-time access to the asset’s position, map view assistance, and navigation to help find lost assets.

Smart Bin is an automated IoT solution designed for high-tech manufacturing facilities. It simplifies inventory management using gateways and multiple IoT devices. 

The project involved implementing a real-time inventory management solution. This solution automated and significantly improved the efficiency of managing warehouse stock levels. Also, it provided the client with detailed insights into their supply chain operations.  

The ThingSpine platform enabled Toobler to rapidly develop a custom-built IoT solution for this client. This customization helped monitor the stock levels in real time and respond quickly to stock changes. 

Ultimately, this agile approach proved invaluable as the project was completed within a very tight deadline. And the team was able to develop a scalable, secure, and reliable solution. 

What business benefits did the client achieve with the app? 

  • Material replenishment time was reduced by 60% 

  • Warehouse inventory management efficiency improved by 45% 

  • Deployed in facilities of more than 9,000 square meters.

Follow the link to read more case studies of Toobler

2. Cogniteq

cogniteqLocation: Vilnius, Lithuania

Avg rate per hour: $25 - $49 per hour

Cogniteq is a technology company specializing in software development and digital solutions. With a focus on innovation and cutting-edge technologies, the IoT app developers of Cogniteq offer a range of services. This includes app development, IoT solutions, AI and machine learning, and more. Their dedicated team of skilled professionals can deliver quality, tailor-made business solutions. 

Key Services Offered by Cogniteq 

  • Mobile App Development 

  • Web App Development

  • UX/UI Design 

  • Enterprise App Development

  • IoT App Development 

3. Waverley Software

waveerley software homepage

Location:  USA, UK, Vietnam, Mexico, Poland & Australia 

Avg rate per hour: $50 - 99 per hour

Waverley is among the budding IoT mobile app development companies in the USA. They go with an assertive tagline ‘We can’t change the future. The Software we build can.’ As the leading IoT development companies in the UK, the experts working in the company have the necessary experience and promise to deliver high-impact products that belong to the future. 

Key Services Offered by Waverly Technologies

  • Blockchain Development 

  • Web Development

  • Mobile App Development

  • Cybersecurity 

guarana technologiesLocation:  Toronto, Canada

Avg rate per hour: $100-$149 per hour

Guarana is a team of tightly-knit experts searching for the latest standards. Guarana is among the best IoT app development companies in Canada. They have curated several projects in the IoT domain and have in-depth expertise in the latest technologies. 

Key Services Offered by Guarana Technologies

  • Web App Development 

  • IoT App Development

  • UX/UI services 

  • AR/VR app development 

4. Guarana Technologies

Guarana home imageLocation:  Toronto, Canada

Avg rate per hour: $100-$149 per hour

Guarana is a team of tightly-knit experts searching for the latest standards. Guarana is among the best IoT development companies in Canada. They have curated several projects in the IoT domain and have in-depth expertise in the latest technologies.

Key Services Offered by Guarana Technologies

  • Web App Development 

  • IoT App Development

  • UX/UI services 

  • AR/VR app development 

5. Softeq

Location: USA, Germany & Mexico 

Avg rate per hour: Undisclosed

Softeq is yet another IoT development company you can rely on. They have experience developing IoT app development solutions for various industries. And they have expertise in AI, ML, and cloud-based applications to craft the perfect solution for their customers. Their team consists of highly skilled engineers and developers who use cutting-edge technologies to bring your ideas to life.

Here are some mobile app ideas you can try out for your business. 

Key Services Offered by Softeq 

  • UX/UI Design

  • Custom Software Development 

  • Early Stage Innovation

  • IoT App Development

6. Cumulations Technologies

Location: USA & India  

Average rate per hour: $25 - 49 per hour

Cumulations Technologies is a software development company that also specializes in IoT solutions. Their team of skilled IoT app developers have expertise and experience in emerging technologies. They are a mobile development company leveraging IoT. Their key focus is on providing top-notch iot software development services.

Key Services Offered by Cumulations Technologies

  • Mobile App Development 

  • Cloud and Web Solutions 

  • IoT & AI solutions

  • Custom Software Development 

7. Apptunix

apptunixLocation: USA, India, UAE & UK

Avg rate per hour: $25 - 49 per hour

Apptunix is an experienced IoT app development agency across industries. Their team of skilled IoT app developers have the necessary expertise to craft custom solutions that meet all your requirements. Apptunix is one of the top IoT development companies in the USA that works closely with its customers to ensure they get the perfect solution for their business needs.

Key Services Offered by R-Style Lab 

8. HqSoftware Lab

hqsoftware labLocation: Georgia, USA, & Estonia 

Avg rate per hour: $25-49 per hour

HqSoftware Lab is another experienced IoT app development agency. They specialize in creating custom solutions for various industries. Their team of skilled developers can build secure, reliable, and efficient apps tailored to meet the customer’s needs. They also provide ongoing support and maintenance for your application after its launch.

Key Services Offered by HqSoftware Lab

  • Web and App Development. 

  • Custom Software Development. 

  • Software Re-engineering 

9. RipenApps Technologies

Location:  UK, UAE, USA, & India

Avg rate per hour: $25 - 49 per hour

RipenApps Technologies is another technology firm that offers  IoT app development services. They focus on delivering innovative and cutting-edge solutions for businesses - of all sizes. Apart from IoT, they have expertise in web and mobile app development and emerging technologies like blockchain and AI.  

RipenApps helps businesses transform their ideas into reality. Also, they are committed to providing solutions tailored to your requirements.

Key Services Offered by RipenApps Technologies

  • Web App Development

  • Mobile App Development

  • IoT App Development

  • UI & UX design

  • Digital Marketing

10. Konstant Infosolutions

konstant infosolutionsLocation: USA, UK, UAE & India

Avg hourly rate: $25 -49 per hour

A well-known mobile app development company that specializes in making feature-rich apps is Konstant Infosolutions. Their team of professionals use the newest technology to assist clients in locating the ideal answer for their company's requirements. 

The company, lately, has started offering an IoT application development platform as well. They also offer various maintenance and support services to ensure your application runs smoothly after launch. 

Key Services Offered by Konstant Infosolutions 

11. Very Technology

Very Technology homepage

Location: USA

Avg hourly rate: $200 - 300 per hour

Leading product development and engineering consultancy company is Very Technology. As an Internet of Things, IoT product development company, they are committed to developing trustworthy IoT solutions that provide real business benefits to their customers.

Their area of expertise is customized software and hardware development for a range of sectors, including healthcare, agriculture, and energy. In order to provide decision-makers with insightful information gleaned from IoT devices, IoT app developers also provide data analytics and visualization capabilities. 

Key Services Offered by Very Technology

12. Intent Solutions

Intent Solutions homepage

Location: Kharkiv, Ukraine

Avg hourly rate: $25 - 49 per hour

Established in Ukraine, Intent Solutions is a proficient global outsourcing enterprise. Since 2013, they have been helping startups and industry giants with the creation of web solutions.

From technical specifications and planning to final testing and deployment, the organization offers a full development cycle. Websites, online shops, company assets, online instructional platforms, and CRM systems are just a few of the web applications that the IoT app maker specializes in developing and promoting.

Key Services Offered by Very Technology

  • Web Development

  • E-Commerce Development

  • Search Engine Optimization

  • Social Media Marketing

13. AJProTech

AJProTech homepage

Location: Los Angeles, CA, Taiwan, Kazakhstan

Avg hourly rate: $100 - 149 per hour

AJProTech is a turn-key Internet of Things product development studio that focuses on developing solutions for many industries, such as industrial electronics, consumer electronics, and the Internet of Things. The IoT app makers have completed 55 projects that have been profitable, working with a team of 35 experienced engineers.

Key Services Offered by Very Technology

14. Intellectsoft

Intellectsoft homepage

Location: New York, London, Oslo, and San Francisco

Avg hourly rate: $50 - 99 per hour

Intellectsoft is a full-service software development company with a rich history dating back to 2007. They have been at the forefront of providing end-to-end software development services, assisting businesses in launching their projects, adopting advanced technologies, and transitioning to digital-first strategies. 

Key Services Offered by Very Technology

15. Yalantis

Yalantis homepage

Location: Poland, Ukraine, Cyprus, and Estonia

Avg hourly rate: $25 - 49 per hour

Yalantis is a renowned software development company with over 15 years of experience in software engineering and IT consulting. With ISO 9001 and ISO/IEC 27001 certifications, they have established themselves as a trusted partner for businesses worldwide. 

Yalantis is not just about building software; it focus on solving business problems. Their approach is driven by their clients' specific needs, time constraints, and budget considerations.

Key Services Offered by Very Technology

  • Web Development

  • Custom Software Development

  • Development Team Augmentation

  • IT Consulting and Digital Advisory

16. Cognizant

cognizant home pageProminent worldwide for its IoT application development platform, Cognizant offers an extensive array of services encompassing big data analytics, artificial intelligence, and machine learning. Their IoT solutions speed up digital transformation by enabling businesses to connect devices and gain insightful data.

Cognizant, which has its headquarters in Teaneck, provides tailored IoT applications that increase efficiency and innovation to companies worldwide. Businesses looking to employ IoT technology to increase productivity turn to them as a go-to supplier because of their sophisticated data analysis tools and cloud services. 

Key Services Offered by Cognizant 

  • IoT app development

  • AI and machine learning

  • Big data analytics

  • Cloud services

17.Wipro  

Wipro home pageLocation: Bangalore, India

Avg Rate per Hour: $50 - $120


As the world's top internet of things development company, Wipro offers a variety of services, such as digital transformation, cloud computing, and privacy. One of the top Internet of Things (IoT) development companies in India is Wipro, which provides solutions that let businesses connect devices and get insightful data. They have the power to improve choice-making and operational efficiency.  

Their proficiency in cybersecurity guarantees that internet of things app development are dependable and safe. Wipro is a reliable partner for businesses wishing to use IoT technology to spur growth and enhance company performance because of their dedication to reliability and creativity.

Key Services Offered by Wipro

  • IoT app development

  • Digital transformation

  • Cloud solutions

  • Cybersecurity

Questions to Ask While Choosing IoT App Development Companies

Q1Can you provide examples of IoT projects you have worked on in our industry?
Why Ask?This helps determine whether the company has experience developing top IoT development companies within your industry. Domain expertise is crucial in understanding industry challenges, compliance requirements, and best practices.
Q2What technologies, frameworks, and platforms do you specialize in for IoT app development?
Why Ask?This will help you assess whether they are well-versed in the technologies and tools required for your project. It also helps ensure they can handle the specific requirements of your IoT application.
Q3Can you share case studies or references from previous IoT projects you have completed?
Why Ask?Case studies and client references provide insights into the company's track record. In addition, you can know their ability to deliver successful IoT projects and the satisfaction of their clients. It helps assess their past performance and the quality of their work.
Q4How do you approach project management and collaboration during the development process?
Why Ask?This helps you understand their project management approach. This is important as it helps gauge their ability to gather requirements, define milestones, and handle potential changes. Effective collaboration and communication are essential for successful project outcomes.
Q5What security measures do you implement in IoT app development?
Why Ask?IoT applications deal with sensitive data, so ensuring the company prioritizes security is crucial. Inquire about their security practices, data encryption methods, access control mechanisms, and compliance with relevant regulations.

Suggested Read: Cloud-based IoT - Future of Security

Q6How do you ensure the scalability and future-proofing of IoT applications?
Why Ask?Scalability is vital for IoT applications as data volumes and device connections can increase over time. Ask how the company ensures the app can grow and adapt to emerging technologies and changing requirements.
Q7Do you provide post-development support and maintenance services?
Why Ask?Ongoing support and maintenance are crucial for the long-term success of an IoT application. Inquire about their post-development services, bug-fixing processes, and updates. And most importantly, their availability to address any issues that may arise after deployment.
Q8What is your pricing structure, and how does it align with our budget?
Why Ask?It is necessary to ensure the cost-effectiveness of the service and check whether it fits within your budget. And this question allows for a transparent discussion on costs and ensures no surprises later on.
Q9Can you provide client references for us to contact?
Why Ask?There is no better way to understand a company's efficiency than by asking the clients they worked with. This helps validate the company's claims and gives you a better idea about the experience you will get working together.
Q10How do you stay updated on the latest IoT trends and technologies?
Why Ask?Inquiring about their commitment to research and development showcases their dedication to innovation. It ensures they stay up-to-date with emerging IoT trends and technologies, enabling them to deliver cutting-edge solutions.

Wrapping it up!

An excellent way to survive and prosper in this fast-paced corporate environment is to implement IoT applications. IoT will improve customer satisfaction while simultaneously increasing sales. 

Your project's success depends on choosing the best IoT application development provider, like Toobler.  And asking the questions we listed can help you make an informed decision during this process. 

Spend some time considering your options and contacting a few possible applicants. To determine who would be the best fit for your project, pose these questions to them and contrast their answers. It’s also important to consider their experience in your industry, overall cost, and support services. With these factors in mind, you can find an experienced team that meets all your requirements. 

You can start asking these questions with the first one on the list - Toobler. 

Connect with us for more insights and knowledge on IoT app development services.