The following graphs highlight venture investing trends into the Internet of Things (IoT) sector. The graphics include data through April 2017.
The above graph compares the total venture funding in each IoT category to the number of companies in the category. The IoT Software category takes the lead in total funding with just over $4.5B. The IoT Home category leads in the number of startups at around 300.
The above analysis summarizes the average company funding in each IoT category. The IoT Enterprise category leads the sector with around $75M in average funding per company, followed by the IoT Automotive and IoT Utilities categories.
We are currently tracking 1,863 IoT companies in 20 categories across 50 countries, with a total of $32B in funding. Click here to learn more about the full Internet of Things market report.