IoT is one of the greatest technologies and also plays a crucial role in driving digital transformation across the world. Various industries have implemented IoT-powered solutions to their operation and gained a lot of success. IoT has been a significant asset for the global market as the Internet of Things market is expected to witness a significant surge in revenue, reaching a staggering US$1.06tn by 2025 worldwide.
Looking ahead, the market is anticipated to grow at an annual growth rate of 10.17% (CAGR 2025-2029), resulting in a remarkable market volume of US$1.56tn by 2029. In terms of global comparison, the United States is expected to lead the pack, generating the highest revenue of US$379.91bn in 2025.
Overview: Rise of IoT Solutions in 2025
IoT is a great tool without any doubt but it is not an easy task to implement or integrate the IoT in the existing business system. It takes various steps and processes to integrate IoT into existing business systems. It involves several steps, such as giving security a top priority, investing in appropriate data management, making sure staff members have the necessary training to use the new system efficiently, establishing clear goals, evaluating your current infrastructure, selecting IoT devices that are compatible, putting strong data integration mechanisms in place. The successful integration of IoT offers various benefits like enhances the operational efficiency, real-time data insights, automated processes, cost reduction, enhanced decision-making, better customer service, proactive issue identification, etc.
Some reports prove to justify the existence of IoT in today’s businesses as the Internet of Things (IoT) is set to connect over 75 billion devices by 2025. According to a report by FICCI, the global IoT market is expected to surpass $1.1 trillion in 2025. Businesses worldwide are adopting IoT to optimize operations, reduce costs, and deliver exceptional customer experiences.
IoT Integration with Existing Business Systems
IoT integration with an existing business system refers to connecting and integrating Internet of Things (IoT) devices, such as sensors and actuators, directly into an organization’s current software applications and operational systems that enable real-time insights and automation based on the collected data that overall improving business processes and decision-making capabilities. Various future trends in IoT provide immense potential to existing IoT, such as 5g, AI and ML, blockchain, RFID, etc.
Also Read: How IoT Software Solutions Are Transforming Enterprises
Steps to Integrate IoT with Existing Business Systems
There are a few steps to integrate IoT with existing business systems. Here are a few key steps mentioned below.
Define Businesses Goals
The initial steps to integrating IoT into an existing business system are crucial. It is very important to know the business goals and objectives for which you need the IoT integration. So, find out the problems and operations and then come up with the desired outcomes for implementing IoT.
Evaluation Of Current Or Existing Infrastructure
Existing business systems involve various aspects like hardware, devices, networks, etc that should be known while integrating IoT. This gives the proper idea of what existing aspects can be compatible with IoT. This prevents the unnecessary expenses of buying other devices that already exist in business systems.
Choosing Of Right IoT Solutions Model
After evaluation or identification of objectives and infrastructure, this is the time to choose the right IoT solution model that is compatible with the existing business system. It is essential to select IoT solutions and devices that adhere to established protocols and can interact with your current systems taking into account variables like data formats, power needs, and platform compatibility. 
Implementation Of Data Integration Mechanisms
IoT generally works with or for data so data integration with the existing business system is very important. Establish the APIs, middleware, and data gateways that fill the gap between the IoT solutions and existing business systems for seamless and smooth transferring of data. This also enhances communication and collaboration among the devices.
Mapping Of Security Measures
Since IoT system deals with data management for the existing business system then security becomes an important aspect. After data integration mechanisms implementation, to safeguard critical IoT data, put strong security measures in place, such as data encryption, user authentication, access controls, and frequent upgrades.
Data Management
IoT gathers lots of data about the business’s operation that needs to be collected, stored, managed, and analyzed to improve decision-making. Development of a network that can easily manage the data to get analytics that overall enhances the decision-making for the businesses.
Train Staff
After the implementation of IoT devices and systems in the existing business system, this is the time to focus on change management. This is important to educate staff members on the new IoT system’s operation, resolve any possible issues, and encourage organizational adoption that overall enables the smooth operate the IoT-powered system.
Also Read: A Step-by-Step Guide to Choosing the Right IoT Services
Top Technologies Solutions for IoT Integration
Several key technologies are available to implement IoT in your business. It can make your exiting system powerful.
Edge Computing: It processes data closer to the source instead of sending it to the cloud. Also, reduces latency and bandwidth usage. it will leads to faster decision-making and real-time processing. It is especially valuable in manufacturing where real-time data matters.
Cloud Computing: Cloud platforms store, manage, and analyze large volumes of IoT data. It provide scalability, flexibility, and global accessibility. Also, it makes easier for manufacturers to access data and insights from anywhere.
Industrial IoT (IIoT) Platforms: IIoT platforms manage data from industrial IoT devices. They offer features like device management and data analytics. We can simplifying IoT implementation in manufacturing with IIoT.
5G Connectivity: It will enhance IoT integration in manufacturing with faster speeds. It enables more devices to connect and supports real-time communication.
Artificial Intelligence & Machine Learning: AI and machine learning analyze large IoT data sets. They help identify patterns, predict maintenance needs, and optimize processes. It allows manufacturers to make smarter decisions and improve efficiency.
Cybersecurity Solutions: Protecting IoT devices and data from cyber threats is crucial. Cybersecurity solutions are necessary to secure manufacturing systems.
Also Read: Custom IoT Solutions For Your Business Operations
Cost to Integrate IoT with Existing Business System
Pricing become an important factor when it comes to technology integration with the existing business system. The integration or implementation of IoT with the existing business system depends on various factors like the complexity of the project, the type of devices needed, the required data analysis, and the level of custom development it involves. A proof-of-concept (POC) for the most basic implementations starts at about $20,000, while more extensive projects can cost hundreds of thousands of dollars. The cost to integrate IoT into an existing corporate system typically ranges from $5,000 to $1 million.
Also Read: IoT-based Asset Monitoring Solution for your Business
Final words
IoT integration with any industry, business, or enterprise is always a profitable deal. The IoT integration with the modern existing business systems can be one of the revolutionary things for this digital transformation world. It takes some major steps and expertise to integrate IoT like clear business objectives, evaluation of current infrastructure, choosing the right IoT solutions or models, implementation of data integration mechanisms, mapping of security measures, change management, etc.
We have also discussed the pricing factor the surely considered an important factor while implementing any technical solutions. Overall, according to budget and with the right planning with proper execution, IoT integration with the existing business system can be an incredible change for today’s businesses.
