VI451-10 “China’s Internet of Things industry will smoothly transition from the previous fragmented development to the large-scale development stage, not only the industrial scale will continue to expand, but also maintain rapid growth.” This is the information revealed in the “Annual Research Report on the Application of Internet of Things Technology Industry (2018-2019)” (hereinafter referred to as the “Research Report”) released at the 2019 Internet of Things Technology Industry Application Summit Forum held in Beijing on December 4. The forum was jointly sponsored by Zhongguancun Jingqi Yunti Science and Technology Innovation Alliance, Beijing Zhongke Science and Technology Innovation Development Research Institute, Beijing Electronic Chamber of Commerce, and Beijing Internet of Things Society.

At the forum, Professor Wang Zhiliang, president of the Beijing Internet of Things Society, delivered a special report on the research significance and value positioning of the Research Report.

Ge Hantao, chief researcher of the IOT industry at the China Academy of Information and Communications Technology, also read the content of the “Research Report”.

VI451-10 According to Wang Zhiliang, after a year of investigation, research and writing by experts and scholars, the “Research Report” was formed. The theme position of “Empowering regional development, digging deep the value of Internet of Things technology” aims to give play to the advantages of Beijing’s Internet of Things talents and technologies, help upstream and downstream enterprises and demanders, as well as regional partners, grasp the development trend of the Internet of Things in a timely manner, display and promote typical application cases and scenarios, dig deep industry application needs, and then promote the overall upgrade and development of Internet of Things application technology.

The research report pointed out that the Internet of Things industry is another wave of information industry after the traditional IT industry such as the Internet and mobile communications, and has been listed as a strategic emerging industry for national key development. At present, China’s Internet of Things industry has formed a relatively complete industrial system including chips and components, sensing equipment, software platforms, system integration, telecommunications operations, Internet of Things applications, and services. Based on the functional attributes of each industry, the industrial system of the Internet of Things can be subdivided into four aspects: perception layer, network layer, platform layer and application layer.

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VI451-10 The Internet of everything has created a huge connection scale and market value, and the overall industrial scale of China’s Internet of Things reached 1.33 trillion yuan in 2018, and it is expected that by 2020, the market size of China’s Internet of Things (IOT) will reach 2.2 trillion yuan.

The Research report also pointed out that while the Internet of Things is developing, it is also facing serious challenges. Whether it is a company that is struggling to launch an iot project or a company that wants to adopt more iot, the barriers are the same. According to a survey conducted by relevant research organizations, companies in the iot industry consider complexity and challenge to be the biggest obstacles they face, in addition to the most common difficulties are lack of budget and human resources, as well as lack of knowledge and difficulty in finding suitable solutions, security is also a challenge that cannot be ignored.

VI451-10 The “Research report” also involves the industrial clusters of the Internet of Things in China. The advantages of China’s Internet of Things industrial clusters continue to highlight, from the perspective of spatial distribution, China has initially formed the Bohai Sea Rim, the Yangtze River Delta, the Pearl River Delta and the central and western regions with the core of Beijing – Tianjin, Shanghai – Wuxi, Shenzhen – Guangzhou, Chongqing – Chengdu four regional agglomeration development of the Internet of Things industry spatial pattern. They are independent of each other and have their own characteristics.

The Research report believes that, driven by the market and the government, the Internet of Things industry is entering a stage of accelerated development. In addition to its own industrial development, the Internet of Things is also integrated with many fields, which can stimulate the rapid growth of more industries, such as smart cities, industrial Internet of Things, car networking, and smart homes are expected to become a new wave of rising industries.

The 2019 Internet of Things Technology Industry Application Summit Forum includes 1 main forum, 9 parallel forums, 12 interactive discussions, and 64 theme sharing sessions, covering multiple technical directions such as intelligent perception, transmission technology, cloud computing, big data, and artificial intelligence, and sub-forums focus on multiple industry application fields such as construction, security, large health care, industrial Internet, finance, and government affairs.