The Internet of Things (IoT) has matured from a niche concept to a core enabler of digital infrastructure. As investor interest grows, the market remains fragmented—populated by under-scale and niche providers. With emerging tech like edge-based AI and increasing regulatory demands, the next wave of growth will favour full-stack, scalable platforms. This article explores how investors can capitalise on consolidation opportunities in this evolving landscape.

Even a 1% productivity boost across UK SMEs could unlock £94 billion over five years. Digital tools—like AI, automation, and advanced connectivity—are key to driving growth, efficiency, and resilience. Local authorities and enterprise agencies can lead this transformation by delivering tailored support that helps SMEs adopt and scale the right technologies. Now is the time to act and unlock the digital dividend for local economies.