Global Internet of Things production value will "double" in the next four years to $ 1.45 trillion

The Internet of Things (IoT) era is coming. In the future, not only computers and mobile phones can access the Internet. The cars on the road, the home appliances in the living room, and the equipment in the factory are all connected to the cloud. They will also communicate with each other, in addition to creating a new "smart life." The business opportunities behind it are even bigger and unimaginable.

Global Internet of Things production value will "double" in the next four years to $ 1.45 trillion

According to the Institute of Industrial Intelligence (MIC), the value of the global IoT market will “double” in the next four years, reaching $1.45 trillion by 2020.

Among them, the industrial Internet of Things has a wider scope and influence, including smart manufacturing, smart medical care, smart energy, intelligent transportation, etc. It is estimated that by 2020, the output value will be US$869.9 billion, and 60% of the entire IoT business opportunity will be arranged.

The internationally renowned McKinsey consultants (Mckinsey) analyzed that the Internet of Things application areas include individuals, cities, factories, automobiles, homes, retail, offices, etc. It is estimated that by 2025, the Internet of Things's contribution to the global economy may exceed the staggering 11 trillion US dollars.

Acer's founder, Shi Zhenrong, said that the business opportunities of the Internet of Things are ubiquitous, such as food safety, disaster prevention, environmental monitoring, crime prevention, and advanced care. There are many opportunities hidden in every application.

Global Internet of Things production value will "double" in the next four years to $ 1.45 trillion

Tong Zhixian, chairman of Heshuo, is trying to outline the scale of business opportunities in the Internet of Things. He analyzed that compared to the current Internet (Internet) is to connect all computers together, connect people and people, in 2000, tell you to create a social networking site, his value can reach 200 billion US dollars, may hit You don't believe in death, but today you see Alibaba, Facebook, you don't have to doubt.

As for the next Internet of Things, the objects are connected, although they are invisible and intangible, but with about 600 million people in the world, they are multiplied by about 1,000 large and small devices in each person's life, and then given each of them. Some devices are "intelligent". This is the Internet of Things. The business opportunities in the Internet are unimaginable. It may be ten times, hundreds of times, or even thousands of times the Internet business opportunities.

Senior industry analyst Chen Yanhe observed that with the general trend of “Industry 4.0”, the future business opportunities of Industrial Internet of Things will be greater than the application of Internet of Things in general consumption, in addition to helping to improve industrial sustainability, reduce operating costs and improve Productivity, etc., is more likely to completely change the design and operation mode of the original terminal products.

However, as in the previous three industrial revolutions, from mechanization, electrification, to informationization, each process of transformation has brought new reversal to human society. The fourth wave of "smart" revolution may also affect existing labor. Structural changes, talent training methods, etc., have an impact on society, and it is recommended that early response should be provided.

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