This year, the number of IoT connections in my country is expected to exceed 2.3 billion, and the output value will exceed 20 trillion.

[CNMO News] The latest prediction from the World Internet of Things Conference is that the output value of the global digital economy driven by IoT technology will exceed US$20 trillion this year and is expected to exceed US$40 trillion by 2030. In the broad field of Internet of Things, China is at the forefront of the world in terms of Internet of Things infrastructure, industrial applications, innovative development, etc. It is expected that the number of Internet of Things connections will exceed 2.3 billion this year, an increase of 30% compared with last year.

The Internet of Things (IoT) originated in the media field and is the third revolution in the information technology industry. It refers to connecting any object to the network through information sensing equipment and according to the agreed protocol. The object exchanges and communicates information through the information media to achieve intelligent identification, positioning, tracking, supervision and other functions. There are three key points in IoT applications, namely the perception layer, network transmission layer and application layer.

Internet of Things technology is widely used in manufacturing, agriculture, transportation, vehicle connectivity, medical care, public life and other industries. For example, in production and manufacturing, IoT technology can improve production efficiency by connecting equipment and systems; in the agricultural field, smart sensors and other equipment can be used to monitor and accurately control soil, climate and other information in real time; in the field of transportation and vehicle connectivity, Road safety and traffic efficiency can be improved through intelligent transportation systems; in the medical field, the quality and efficiency of medical services can be improved through remote monitoring and intelligent diagnosis; in public life, the convenience of life can be improved through smart homes and other devices sex and comfort.

China has made remarkable achievements in the development of the Internet of Things. At present, the number of IoT connections in China has surpassed the number of human connections, making China the first country among the world's major economies to achieve "superhumanity of things". This not only reflects China’s leading position in the application of IoT technology, but also indicates that China is leading the development trend of the global IoT industry.

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