Commercial Internet of Things in 2020, the market size reached 361 billion US dollars Huawei Qualcomm
According to several foreign media reports, Qualcomm, the mobile phone chip giant that is about to acquire NXP, the global automotive electronics manufacturer, has agreed to complete the acquisition at a price of US$110 per share for a total of nearly US$40 billion. NXP. However, the source pointed out that the transaction has not yet been finalized and additional transaction details are being confirmed.
This year, Japan's Softbank acquired British ARM for 24.3 billion pounds, trying to occupy the commanding heights of the industry; Europe's largest software developer SAP invested 2.2 billion US dollars to force the Internet of Things business; PC chip giant Intel, will bet on the Internet of Things in the future.
According to Chen Dapeng, executive deputy director of the Internet of Things Research and Development Center of the Chinese Academy of Sciences, in the development pattern of the global Internet of Things, China has seen an early situation, has a fast layout, and has strong policy support. It has basically gained the opportunity to start on the same line as developed countries. In 2015, China's Internet of Things industry exceeded 750 billion yuan. The number of M2M (machine-to-machine connection and communication) connections exceeded 100 million, accounting for 31% of the world's total. It has become the world's largest Internet of Things application market. The profitability of the Internet of Things is second only to the United States.
Xu Wenwei, vice president of Huawei, said in the media that Huawei made a prediction in 2015. By 2025, the number of IoT devices will be close to 100 billion. Internet of Things sensors or devices are all kinds of smart homes, industrial, logistics, and smart cities. A more standard platform will accelerate the development of the Internet of Things, otherwise the Internet of Things will face great challenges. Huawei has taken several industries as the main direction of the Internet of Things. Such as manufacturing, smart cities, industrial enterprises, car networking and so on.
Serge Willenegger, senior vice president of product management at Qualcomm Technologies Inc., said, "The global Internet of Things opportunities are expanding rapidly. The Internet of Things will not only be connected to people and things, they will continue to expand the boundaries of information management systems, enabling machines and terminals to collaborate with each other. Supporting growing service opportunities and increasing operational efficiency in most industries. The strong momentum of the MDM9206 modem supporting Cat M1 and Cat NB-1 demonstrates the current need for reliable, optimized LTE cellular connectivity to support a range of New IoT applications and services.
According to IDC estimates, the size of China's commercial Internet of Things (IoT) market will grow from $215.5 billion in 2016 to $361 billion in 2020, with a compound annual growth rate (CAGR) of 13.3% over the next five years. IDC pointed out that the main driving force driving the rapid growth of the local commercial IoT market comes from software rather than hardware. In addition, China's Internet of Things industry will undergo major changes in the next five years. At present, China's commercial Internet of Things industry is still quite fragmented. It is composed of many vertical industries, but there will be horizontal platforms across multiple vertical industries in the next five years.
IDC predicts that technology and business model innovation will promote the following two important development trends in the commercial Internet of Things industry in China in the next three years:
1. IoT specific platform accelerates industrial development
Internet of Things applications are gradually entering people's daily lives, and continue to generate new connectivity needs, IDC predicts that this will be the most direct growth opportunity in the market. IoT devices have become the most competitive field in the industry, and the continuous expansion of the IoT platform is leading the rapid transformation of a new generation of information and communication. In the future, companies from different vertical industries and different technology fields will contribute to the development of the market and will produce a variety of platform products and services.
2. IoT and big data analysis begin to show its value
Due to national policy support, the Chinese Internet of Things industry chain has gradually improved. The Internet of Things industry will gradually show its data-driven nature as it enters a period of rapid growth. More and more companies are beginning to explore the core value of the Internet of Things, launching different IoT solutions and big data applications. Industry-specific data analysis and applications led by industrial IoT companies are well received in the market. Telecom operators have introduced a common IoT platform and big data analytics to serve partners in the ecosystem. IDC predicts that start-ups that go deep into different areas and provide professional services will spring up and appear to be prosperous.
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