Particle
UnclaimedParticle provides an end-to-end IoT platform for building, deploying, and managing connected devices, spanning hardware, software, cloud, and analytics.
Overview
Particle is an IoT platform company that provides a complete stack for building, deploying, and operating connected devices. The platform combines hardware modules, a device OS, cloud services, edge computing capabilities, and developer tools to help teams design, test, and scale IoT products. It enables secure, reliable connectivity, over-the-air firmware updates, fleet management, and extensive data integrations to power real-time insights. With offerings that support asset tracking, equipment monitoring, preventative maintenance, and other use cases, Particle targets developers, manufacturers, and enterprises seeking end-to-end visibility and control of distributed device fleets. The organization focuses on accelerating IoT development from prototype to production, delivering resilience, security, and observability across the device-to-cloud stack.
Mission statement
To empower developers and organizations to quickly create secure, scalable IoT solutions from prototype to production.
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Claim ParticleUse your email at particle.io.What we offer
Photon 2
Photon 2 enables easy development of Wi-Fi connected applications for IoT.
store.particle.io →B-SoM
B-SoM provides a robust cellular connection for IoT applications ensuring reliable data transmission.
store.particle.io →Workbench
Provides a seamless environment for developing and debugging IoT applications.
docs.particle.io →Market segments
Market size by segment
Growth potential (CAGR)
IoT SIM and eSIM management
Capabilities for multi-IMSI and eSIM lifecycle management including profile provisioning/switching, regional roaming, satellite fall-back and centralized SIM control.
Products: EtherSIM, EtherSIM+, B-SoM, Boron, M-SoM, Muon, Tachyon
Embedded modules and development hardware
System-on-modules, development boards, gateways, and industrial enclosures used for prototyping, integration, and scalable device production.
Products: B-SoM, M-SoM, Photon 2, P2, Boron, Tachyon, Muon, Tracker One, M1 Enclosure
Connected device management
Remote device lifecycle management including firmware updates, monitoring, troubleshooting, and scalable provisioning for telematics hardware.
Products: Console, Web IDE, Workbench, Blueprints
Asset tracking and monitoring
Real-time location tracking, geofencing, alerts, and reporting for movable equipment, inventory, and non-powered assets.
Products: Asset Tracking, Tracker One, EtherSIM, EtherSIM+
Industrial IoT analytics and predictive maintenance
Collect and analyze industrial telemetry at the edge for real-time operational insights, anomaly detection, and predictive maintenance to reduce downtime and maintenance costs.
Products: Edge ML, Tachyon, Preventative Maintenance, Equipment Monitoring, Monitor One
More information about our offering
Tachyon
Tachyon is a 5G single-board computer (SBC) with an AI accelerator for edge workloads. It is designed to support rapid data transfer and on-device machine learning, making it suitable for advanced applications requiring instant connectivity.
- Connects At Lightning SpeedWith integrated 5G support, Tachyon allows for rapid data transfer and communication in real-time.
- Enables Smart DecisionsThe built-in AI accelerator processes data directly on the device, enabling actionable insights.
- Accelerates DevelopmentThe included SDK streamlines the development process, allowing developers to quickly build and deploy applications.
- Fits Any ProjectDesigned to occupy minimal space, Tachyon can be seamlessly incorporated into various IoT projects.
P2
P2 is a Wi‑Fi module for Particle devices, providing secure and reliable connectivity for IoT applications.
- Facilitates Seamless ConnectivityThe P2 module ensures connectivity in various applications for IoT.
- Ensures Data SecurityThe P2 enhances data security through built-in encryption.
- Enables Easy UpdatesWith OTA updates, the P2 module streamlines software updates.
- Promotes Inter-device CommunicationFacilitates collaboration among devices using the P2 module.
Photon 2
Photon 2 simplifies building connected devices with robust capabilities and dual-band Wi-Fi connectivity.
- Achieves High-Speed Internet ConnectionSupports dual-band Wi-Fi for optimized data transfer.
- Simplifies Device ManagementEasily deploy firmware updates to remote devices.
- Ensures Device SecurityIncludes built-in security features for safeguarding devices.
- Accelerates Development CycleSupports development with various tools for efficient coding.
Boron
Boron is a cellular development board that combines ease of use with reliable cellular connectivity for IoT applications.
- Provides Seamless Cellular ConnectionSupports LTE Cat M1 and NB-IoT networks.
- Easily Connects to Particle ServicesEffortlessly connects to the Particle cloud for management and updates.
- Remote Firmware ManagementFacilitates OTA updates to reduce downtime.
- Ensures Device SecurityDesigned to safeguard data integrity and access.
Muon
Muon provides flexibility and connectivity in IoT applications through multiple radio protocols.
- Enables Versatile ConnectivityProvides flexibility to choose the best communication method.
M1 Enclosure
M1 Enclosure is an industrial-grade IP67-ready case supporting multiple devices with customization options.
- Ensures Durability And ProtectionBuilt to withstand dust and water immersion for reliability.
- Customize Colors And BrandingTailor the enclosure for specific aesthetic requirements.
- Facilitates Easy InstallationSimplifies the process of securing devices.
- Supports Connectivity And PowerEnsures seamless integration with various devices.
M-SoM
M-SoM is a multi-radio system-on-module designed to facilitate various connectivity options for IoT.
- Facilitates Multiple Network OptionsEnsures devices connect to different types of networks.
- Ensures Device LongevityKeeps devices secure and up to date.
- Simplifies IoT DevelopmentEnables rapid IoT application development.
- Accommodates GrowthSupports scaling from prototypes to large deployments.
B-SoM
B-SoM is a cellular system-on-module designed for secure and reliable connectivity across various devices.
- Enables Secure CommunicationFacilitates secure communication leveraging cellular networks.
- Supports 350+ CarriersEnsures reliable connections worldwide.
- Simplifies Device ManagementFacilitates remote device management.
- Versatile Use CasesUtilized in numerous applications including asset monitoring.
Monitor One
Monitor One is designed to provide insights into operational status for various industrial equipment, enabling proactive maintenance.
- Optimize Equipment PerformanceLive data helps identify and address issues swiftly.
- Leverage Data InsightsAggregated data helps make informed decisions.
- Reduce Downtime RisksAlerts allow timely action before failures occur.
- Enhance Team ProductivityIntuitive interface streamlines workflows.
Tracker One
Tracker One is an asset-tracking gateway designed to help businesses monitor their assets efficiently.
- Monitor Assets AnytimeAdvanced GPS and cellular technology keeps tabs on your assets.
- Integrate With EaseConnect Tracker One with various services for streamlined operations.
- Ensure Data SecurityBuilt-in security measures keep your asset data secure.
- Get Instant AlertsStay informed about asset status with immediate notifications.
- Experience Extended OperationIdeal for continuous asset tracking.
Asset Tracking
Build asset tracking capabilities into your products to enhance overall operational effectiveness.
- Track Assets In Real-TimeIntegrates multi-source data for up-to-date location information.
- Configure Virtual BoundariesTracks movements across defined zones for enhanced security.
- Get Instant AlertsStay informed with immediate notifications.
- Integrate Data Across PlatformsImproves decision-making through consolidated insights.
- Log Historical DataAccess detailed logs of movements for analysis.
Preventative Maintenance
Provides functionalities to prevent breakdowns and subpar product performance.
- Enables Early Issue DetectionAllows timely interventions to enhance operational efficiency.
- Foresee Failures Before They OccurAnalyzes historical data to predict maintenance needs.
- Keep Devices Up-to-DateEnsures the latest features are applied without physical access.
- Simplifies Device ManagementProvides visibility into status and performance metrics.
- Immediate Response CapabilityEnsures quick action to mitigate issues.
- Insights for Continuous ImprovementAnalyzes trends to enhance device reliability.
Equipment Monitoring
Makes it easier to monitor equipment status and performance.
- Enhance Operational EfficiencyLeads to timely interventions and optimized performance.
- Simplify MaintenanceKeep the latest software across devices.
- Prevent BreakdownsManage equipment health proactively.
- React QuicklyImproves equipment reliability.
Edge ML
Edge ML enables deploying and upgrading machine-learning models on Particle devices.
- Deploy Models EasilyStreamlines the process of getting models onto devices.
- Upgrade Models AutomaticallyEnsures devices always run the latest version.
Blueprints
Blueprints simplifies deployment of applications for intelligent devices.
- Accelerate Project TimelinesEnsures faster time-to-market for IoT solutions.
- Leverage Full EcosystemEnsures more robust device management.
- Supports Multiple DevicesEnsures adaptability in deploying diverse IoT projects.
Workbench
Workbench is an integrated development and debugging environment.
- Streamlines Development ProcessIntegrates tools into a single platform for easier workflow.
- Facilitates Real-Time TroubleshootingQuickly identify and resolve issues for improved quality.
Web IDE
Web IDE enables writing, compiling, and flashing device code over the air.
- Flash Devices InstantlyDeploy updates without physical access, enhancing efficiency.
- Streamline Development ProcessesCombines coding and device management in a user-friendly interface.
- Unified Platform for DevelopmentEnables faster prototyping with less compatibility issues.
- Work RemotelyEliminates the need for local setup.
Console
Console is a centralized management interface for your IoT fleet.
- Manage Your Device FleetGain complete oversight for efficient operation.
- Deploy Firmware RemotelyUpdate software without physical access.
- Monitor Device HealthQuickly identify connectivity issues to resolve them.
- Ensure IoT SecurityMaintains compliance and secures IoT deployments.
- Connect to Popular ServicesEnhances capabilities and streamlines workflows.
EtherSIM
EtherSIM provides a global self-healing embedded SIM for diverse carrier support.
- Achieve Global ConnectivityDevices connect to the best network autonomously.
- Optimize Network AccessEnsures constant operation without manual intervention.
- Start Development Cost-EffectivelyIdeal for prototype testing without additional costs.
- Tailor Connectivity SolutionsCustomized data plans based on operational needs.
- Ensure Compliance & SecurityAdheres to standards for eSIM deployment.
EtherSIM+
EtherSIM+ extends high-bandwidth data plans to the EtherSIM family.
- Provides High-Bandwidth ConnectivityEnables smoother operations for data-intensive applications.
- Switches Profiles SeamlesslyEnhances connectivity by switching between profiles based on availability.
- Supports Prototyping EffortsIdeal for testing IoT solutions during development.
- Offers Tailored Data SolutionsAllows enterprises to select plans based on their requirements.
Sources
Methodology and sourcing behind the figures and links shown above.
IoT SIM and eSIM management
Primary sources show the overall eSIM market was ≈$1.47B in 2024 with very high forecasted growth (mid-to-high 20s–30% CAGR) and rapid growth in eSIM-capable IoT modules (650M installed in 2023; device counts rising from ~1.2B in 2025 to ~4.9B in 2030). Because IoT SIM & eSIM management (multi‑IMSI, lifecycle/provisioning, centralized control, roaming/fallback) is a specialized subset (platform, provisioning and management revenue) of the broader eSIM market and connectivity ecosystem, I estimate its current market size at roughly $0.2B and growth potential near a 25% CAGR, consistent with strong device and overall eSIM market growth cited below.
- 2024 Market Size $ 1.47 Billion; CAGR (2025 - 2035) 31.4%.
- Growth Rate (2026 - 2031) 26.67% CAGR; Market Volume (2026) 0.65 Billion units.
- 1.2bn Devices leveraging eSIMs for connectivity in 2025; 4.9bn Devices leveraging eSIMs for connectivity in 2030.
- Installed base of eSIM-capable IoT connectivity modules reached 650 million in 2023; 33% of cellular IoT modules were eSIM-capable.
Embedded modules and development hardware
Estimated by mapping the target subsegment to the broader embedded-systems/hardware market. SphericalInsights and PrecedenceResearch report global embedded/system and embedded-computing market sizes and show the hardware share (~63%). Applying a conservative 20–30% slice of the hardware market to cover system-on-modules, development boards, gateways and industrial enclosures yields ~USD 20–30B (midpoint ~25B). Growth (CAGR ~7.5%) uses reported overall embedded market CAGRs (~5–7%) while factoring higher-growth pockets (rugged systems, embedded FPGA/edge AI) that pull the modules/dev-hardware subsegment above the broad-market rate.
Connected device management
Available sources report the broader mobile/IoT device-management markets between ~$8.6B (2024) and ~$13.6B (2026) with CAGRs reported in the ~11–20% range. Connected device management for telematics hardware is a specialized subset of IoT/device-management (device lifecycle, firmware, provisioning). Assuming telematics-focused remote device lifecycle services represent roughly 10–20% of the broader device-management market yields an estimate of ~USD 1.3–2.7B; midpoint ~USD 1.8B was selected. CAGR of ~12.5% is chosen as a conservative midpoint within cited growth ranges (11.4%–19.8%), reflecting steady IoT/telematics adoption and regulatory/security-driven demand.
Asset tracking and monitoring
Primary estimate uses Fortune Business Insights (USD 25.98B in 2025; 11.97% CAGR). Corroborated by multiple industry reports showing 2024–2025 market values in the USD 20–29B range and CAGRs ~8–13%.
- 2025 Market Size: USD 25.98 billion
- The global asset tracking market statistics put the sector at $28.93 billion in 2025
- 2024 Market Size $ 20.32 Billion; CAGR (2025 - 2035) 10.7%
- The global Asset Management System Market size was valued at USD 17.64 billion in 2025; CAGR of 8.4% (2025-2030)
- The global IoT-based asset tracking and monitoring market was valued at USD 8.7 billion in 2024; CAGR 12.3% (2024-2030)
- The global IoT-based asset tracking market size is calculated at USD 4.84 billion in 2025; CAGR 8.23% (2026-2035)
Industrial IoT analytics and predictive maintenance
Estimated current market size ~USD 14B based on multiple market reports reporting 2025–2026 baselines between USD ~13.6B and USD ~18.9B. Growth potential (CAGR ~23.3%) is a midpoint synthesis of reported forecasts (conservative 11.4% to aggressive 34.1%), reflecting differences in market definitions (PdM alone vs. broader IIoT analytics/APM and edge analytics adoption).
- Particle
- Tachyon
- P2
- Photon 2
- Boron
- Muon
- M1 Enclosure
- M-SoM
- B-SoM
- Monitor One
- Tracker One
- Asset Tracking
- Preventative Maintenance
- Equipment Monitoring
- Edge ML
- Blueprints
- Workbench
- Web IDE
- Console
- EtherSIM
- EtherSIM+
- 2024 Market Size $ 1.47 Billion; CAGR (2025 - 2035) 31.4%.
- Growth Rate (2026 - 2031) 26.67% CAGR; Market Volume (2026) 0.65 Billion units.
- 1.2bn Devices leveraging eSIMs for connectivity in 2025; 4.9bn Devices leveraging eSIMs for connectivity in 2030.
- Installed base of eSIM-capable IoT connectivity modules reached 650 million in 2023; 33% of cellular IoT modules were eSIM-capable.
- The Global Embedded System Market Size was valued at USD 156.35 billion in 2022.
- Embedded Computing Market size is USD 119.38 Bn in 2025; CAGR, 2026 - 2035 5.85%.
- Global rugged embedded system market projected at US$ 4.1 billion in 2026 and to reach US$ 11.0 billion by 2033, CAGR 15.1% (2026 - 2033).
- The global mobile device management market was valued at USD 8.6 billion in 2024.
- The global Mobile Device Management Market size is anticipated to reach US$ 13.6 Billion in 2026.
- The Connected Device Management Platform market is anticipated to grow annually by 11.4% (CAGR 2026 - 2033).
- 2025 Market Size: USD 25.98 billion
- The global asset tracking market statistics put the sector at $28.93 billion in 2025
- 2024 Market Size $ 20.32 Billion; CAGR (2025 - 2035) 10.7%
- The global Asset Management System Market size was valued at USD 17.64 billion in 2025; CAGR of 8.4% (2025-2030)
- The global IoT-based asset tracking and monitoring market was valued at USD 8.7 billion in 2024; CAGR 12.3% (2024-2030)
- The global IoT-based asset tracking market size is calculated at USD 4.84 billion in 2025; CAGR 8.23% (2026-2035)
- grow from USD 13.89 billion in 2026 to USD 23.79 billion by 2031, at a CAGR of 11.4%.
- market size was valued at USD 13.65 billion in 2025; CAGR 24.30% (2026–2034).
- Market Size (2026) USD 18.90 Billion; Market Size (2031) USD 82.17 Billion; CAGR 34.14% (2026-2031).
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