Recently, the Secretary of the Ministry of Industry and Information Technology Wen Kui said that the scale of China's Internet of Things industry is expected to truly achieve the trillion-dollar time node in the late 13th Five-Year Plan, and the market potential of the trillion-dollar Internet of Things needs a long incubation time.
"In 2011, the scale of China's Internet of Things industry will reach 250 billion yuan. By 2015, the overall market size of China's Internet of Things will reach 750 billion yuan, and the compound annual growth rate will exceed 30%. The market has a huge investment prospect." The development of the global Internet of Things is still in its infancy, and the Internet of Things will be widely popularized in the next decade.
Speaking of the development of the domestic Internet of Things, Wen Ku said that the overall development of China's Internet of Things is in sync with the world, and it already has certain industries, technologies, and application foundations. The industrial system is being formed, and certain industries have formed a certain industrial scale.
Although the domestic Internet of Things industry has broad prospects, Wenkuo also pointed out that although there are many companies in the industry chain of China's Internet of Things, it lacks local “flagship†companies and there are still many problems in the development of the Internet of Things.
Wen Ku said: "In the process of the development of the Internet of Things technology, China has always lacked some key technologies to master, so the product quality does not go up, prices do not come, and lack of key technologies of independent intellectual property rights, which is to limit the development of China's Internet of things One of the key factors."
Wen Ku believes that the unbalanced development of the industrial chain is also an important factor restricting the development of the Internet of Things. He said that the industrialization of the Internet of Things will inevitably require the cooperation of upstream and downstream manufacturers such as chip vendors, sensor manufacturers, system solution manufacturers, and mobile operators. Therefore, to develop the Internet of Things in China, there is still a lot of work to be done on the system. Doing, for example, strengthening the cooperation of broadcasting, telecommunications, transportation, and other industry authorities to jointly promote the establishment of information and intelligent transportation systems. However, under the background that all parties’ interest mechanisms and business models have not yet been formed, the popularity of the Internet of Things is still quite long.
"In 2011, the scale of China's Internet of Things industry will reach 250 billion yuan. By 2015, the overall market size of China's Internet of Things will reach 750 billion yuan, and the compound annual growth rate will exceed 30%. The market has a huge investment prospect." The development of the global Internet of Things is still in its infancy, and the Internet of Things will be widely popularized in the next decade.
Speaking of the development of the domestic Internet of Things, Wen Ku said that the overall development of China's Internet of Things is in sync with the world, and it already has certain industries, technologies, and application foundations. The industrial system is being formed, and certain industries have formed a certain industrial scale.
Although the domestic Internet of Things industry has broad prospects, Wenkuo also pointed out that although there are many companies in the industry chain of China's Internet of Things, it lacks local “flagship†companies and there are still many problems in the development of the Internet of Things.
Wen Ku said: "In the process of the development of the Internet of Things technology, China has always lacked some key technologies to master, so the product quality does not go up, prices do not come, and lack of key technologies of independent intellectual property rights, which is to limit the development of China's Internet of things One of the key factors."
Wen Ku believes that the unbalanced development of the industrial chain is also an important factor restricting the development of the Internet of Things. He said that the industrialization of the Internet of Things will inevitably require the cooperation of upstream and downstream manufacturers such as chip vendors, sensor manufacturers, system solution manufacturers, and mobile operators. Therefore, to develop the Internet of Things in China, there is still a lot of work to be done on the system. Doing, for example, strengthening the cooperation of broadcasting, telecommunications, transportation, and other industry authorities to jointly promote the establishment of information and intelligent transportation systems. However, under the background that all parties’ interest mechanisms and business models have not yet been formed, the popularity of the Internet of Things is still quite long.
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