China Expected to Lead the IoT Market by 2025
| IoT World China 2019, held December 19–21
NB-IoT Lighting to Create New Business Opportunities

IoT World China 2019 will be held at the Shenzhen Convention and Exhibition Center in China from December 19 to 21, 2019.

IoT World, which will be held concurrently with China’s electronics trade show ELEXCON, as well as Embedded Expo, EVAC (EV & Autotronics China), and 5G Summit, will feature over 800 companies participating in a 60,000 square meter exhibition hall to showcase IoT technology.

5G and AI are expected to accelerate the development of various industries, including the automotive and industrial sectors, and drive the creation of new revenue and profits through the use of big data. At the same time, major challenges such as security, privacy protection, and big data analysis are continuously being raised.

NB-IoT, one of the LPWAN technologies supported by all major telecommunications operators and manufacturers of equipment, chipsets, and modules, is expected to lead the proliferation of IoT applications that can create new business opportunities. All of these topics are scheduled to be showcased at IoT World.

Industry analysts, strategists, technology experts, developers, and entrepreneurs will attend this exhibition to discuss the latest technology trends and innovations that are making the world faster and smarter.

At IoT World China, you can directly view manufacturers' most creative IoT products, technologies, and solutions, meet key technology experts to network, establish partnerships, and obtain crucial information. In particular, it serves as an opportunity to examine the current state of the rapidly growing Chinese IoT market and gain insight into the overall IoT industry chain.

China is projected to lead the IoT market by 2025, and the rapid growth of the IoT sector is expected to be driven by major factors including a large population, increasing urbanization, and government support, as well as technological advancements in the fields of smart home appliances, smart cities, and industrial IoT.

Among these, the smart home appliance sector is growing rapidly, and the market share of major Chinese home appliance manufacturers such as Haier, Midea, Gree, and Xiaomi is being maximized.

Meanwhile, the three major state-owned telecommunications companies, including BAT, have built their own PaaS platforms to support IoT cloud services. Additionally, chip manufacturers such as Huawei HiSilicon, UniSoC, and Cambricon are accelerating competition with industry leaders like ARM, Qualcomm, and Cypress.

You can check the current situation and major technology trends in China, which is devoting all its efforts to IoT development, through IoT World China .