Market Research : IoT Market in China Grow at a CAGR of 18.99% by 2020
ResearchMoz presents professional and in-depth study of "IoT Market in China 2016-2020". 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...