IoT Market In China to grow at a CAGR of 18.99% during 2016-2020

About the IoT Market in China

The IoT technology helps connect any device to the internet. Devices such as smartphones, household appliances, and wearable devices can be part of the IoT ecosystem and can be controlled through the internet. The IoT works as the core of modern concepts such as smart homes, smart shopping, smart transportation, and smart healthcare.
The IoT has started to scale and deliver real changes across the Chinese economy. The nation is becoming a global leader in adopting the IoT and is firmly establishing itself as the manufacturing hub of the world with the help of the technology. Chinese manufacturers are rapidly adopting new technologies such as 3-D printing, robotics, and artificial intelligence and enabling local players from China to strengthen their economic and global footprints

Technavios analysts forecast the IoT market in China to grow at a CAGR of 18.99% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the IoT market in China for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IoT components, which include connected devices equipped with radio frequency identification (RFID) and near-field communication, sensors, gateways, networking components, supervisory control and data acquisition, and complex event processing.

Technavio's report, IoT Market in China 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Download Sample Copy of Report at http://www.marketresearchreports.biz/sample/sample/741696

Key vendors
Huawei
Datang
ZTE
Putian
Lenovo
Founder
Haier
Tsinghua Tongfang
Foxconn
Tech-Com
Xiaomi

Other prominent vendors
Broadlink
Gizwits
Ayla Network China
Lifesmart
Yeelink
Landing Technology
Orvibo
MXchip
Phantom

Market driver
Increasing adoption of IoT in manufacturing sector
For a full, detailed list, view our report

Market challenge
Growing complexity of IoT infrastructure
For a full, detailed list, view our report

Market trend
Expansion of semiconductor industry
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz

This release was published on openPR.