IOT China News September 14th, with the continuous advancement of Internet of Things technology, smart cities have become a revolutionary change in the world. The Internet of Things can be said to have opened the era of smart city 3.0, which fundamentally solved the problem of the smart city nervous system. In recent years, the Chinese government is vigorously promoting the construction of smart cities. From 2012 to 2016, China has selected hundreds of cities or towns to carry out national “smart cities” pilot projects. As of March 2017, 95% of the sub-provincial cities and 83% of the prefecture-level cities in China, with a total of more than 500 cities, proposed to build smart cities in the government work plan.

According to statistics, the global IoT market with networking and sensing functions in 2016 was US$70 billion, up 21% year-on-year. It is expected that the market size in 2018 is expected to exceed US$100 billion. At the same time, the Internet of Things is rapidly infiltrating into various fields: more and more equipment, vehicles, terminals, etc. are incorporated into the information network, enabling humans to accelerate toward the era of universal connectivity and ubiquitous perception. On the one hand, the ubiquitous connection enables the network to obtain more diverse and more massive data, and at the same time, the machine or the entire network information system gains stronger learning and cognitive ability, which opens up an infinite imagination space for the future.

With the development of Internet of Things technology, the “future scenes” seen in many sci-fi movies in the past are becoming a reality step by step: industrial robots are liberating human hands, smart cities will keep humans away from “urban diseases”, smart homes make life More "smart" sense, smart wearable devices can make people feel the external and their own information, and digital identity becomes a passport for human beings.

At present, the development of the Internet of Things industry is in a "warring country era". With the acceleration of the basic support of core technologies and the maturity of the industrial ecology, the Internet of Things has become a strategic choice for many countries to seize the commanding heights of development. Major technology giants have also begun to invest heavily in mergers and acquisitions, and have rushed to lay out the ecological chain of the Internet of Things industry. The development of networking is in an era of turbulence and waiting to be erupted. 40% of operators around the world are actively deploying machine-to-machine (M2M) services and applications. About 5.5 million new devices are added to the Internet of Things every day. At the same time, the development of the Internet of Things industry involves operators, Internet companies, industries, etc. For many types of participants, all parties should do their own thing and jointly promote the development of the Internet of Things industry.