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China IoT Market Trends 2019 | Segmentation, Outlook, Industry Report to 2025

08-30-2021 08:32 AM CET | IT, New Media & Software

Press release from: Orion Market Research

China IoT market is expected to witness a significant growth with the CAGR of approximately 22.7% during the forecast period. China is estimated to be the leading IoT market in Asia Pacific region. The market size of the China’s IoT market is estimated to be $56.4billion in 2017. The IoT in the appearance of the “Internet Plus” part of “Made in China 2025” plan is considered as a big deal in an economy has vast potential. Increasing number of smart phone users in China is one of the major factors that is driving the growth of the market.

Rising investments from telecommunication companies has been one of the major factors driving the market growth. For instance, China’s telecom companies made a big announcement to invest about $180 billion from 2015 to 2017 in both fixed-line and wireless connectivity. The cloud computing acts as a strategic priority for government and it has been included it in the nation’s 12th Five-Year Plan. Moreover, the National Development and Reform Commission (NDRC) launched pilot cloud schemes in collaboration with Ministry of Industry and Information Technology. These schemes were implemented in five cities including Beijing, Hangzhou, Shanghai, Shenzhen and Wuxi.

To Request a Sample of our Report on China IoT Market: https://www.omrglobal.com/request-sample/china-iot-market

China IoT market is segmented on the basis of infrastructure, vertical, and application. Based on the infrastructure, the market is segmented into platform, mobile networks and access technologies, cloud solutions/storage and processing, analytics, and security. Based on the vertical, the market is segmented into healthcare, energy, public & services, transportation, retail, individuals, and others (manufacturing). Healthcare segment includes health, pharmaceuticals segment, and biotechnology. Public & Services includes government, BFSI, others (hospitality and entertainment).transportation segment include aerospace, automotive, rails and systems, and marine. Further, based on the infrastructure, the market is segmented into smart home, smart wearable, smart cities, smart grid, industrial internet, connected cars, connected healthcare, and others (toys and drones).

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A full Report of China IoT Market is Available at: https://www.omrglobal.com/industry-reports/china-iot-market

China IoT Market Segmentation

By Infrastructure

· Platform

· Mobile Networks and Access Technologies

· Cloud Solutions/Storage and Processing

· Analytics

· Security

By Vertical

· Healthcare

· Health

· Pharmaceuticals Segment

· Biotechnology

· Energy

· Public & Services

· Government

· BFSI

· Others (Hospitality and Entertainment)

Transportation

· Aerospace

· Automotive

· Rails And Systems

· Marine

· Retail

· Individuals

· Others (Manufacturing)

By Application

· Smart Home

· Smart Wearables

· Smart Cities

· Smart Grid

· IoT Industrial Internet

· IoT Connected Cars

· IoT Connected Healthcare

· Others (Toys And Drones)

Company Profiles

· Dell Emc

· Apple Inc.

· Amazon Web Services

· AT&T Inc.

· Blackberry

· Cisco systems Inc.

· HCL Technologies

· Ericsson

Reasons to Buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/china-iot-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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