Internet of Things network technology market development

In the IoT world, there is a lot of raw data that is continuously being collected. The market is looking forward to developing new technologies that effectively convert raw data to form the right knowledge. The development of user needs and technology to guide the market-oriented, in addition to the cost of construction, the pursuit of efficiency, to create another blue ocean effect of multiplication and multiplication, but also the Internet of Things solution provider efforts.

IoT dynamic network

The Internet of Things (IOT) can be considered as a dynamic network linking many objects such as wireless radio frequency identification systems, sensors, actuators, and other instrumentation and smart applications to network integration A component of the ring.

Over the past few years the market has been flooded with a diverse set of IoT solutions where context-aware communications and computing also play key roles in ubiquitous computing and are expected to be one of the examples of IoT solutions.

Environmental awareness and other IoT programs

Since the Internet of Things (IoT) debuted in the late 1990s, it has been favored by the market and academia, and many IoT solutions from different organizations have come to the forefront. These include start-up companies, academic institutions, government departments and large-scale enterprises Wait. The Internet of Things attracted attention, mainly due to its expected revenue and market growth.

The Internet of Things allows people and things to be connected to other people, things, times, places and things at any time (the ideal state is any path / network or service available). Such science and technology, hoping to help people create a better world! Around us around the items, know our hobbies, needs, without any other precise instructions, can accordingly make the appropriate action.

Environmental awareness of communication and computing is the key to achieving intelligent interaction to achieve the ideal state. Environmental awareness In simple terms, refers to the relevant context or environmental factors, the system has the ability to provide relevant information or services to users.

Internet of Things market

The IoT vision is full of vitality due to the impact of statistics and expected numbers! This article cites Cisco's IoT statistics to understand how the Internet of Things has evolved in recent years and the expected growth in the coming years. In addition, these figures also forecasted the future trend of the industrial market. For the growth of network connected devices / objects in 2020, see Figure 1.

According to statistics, in 2015 there will be about 15 billion PC-connected computers and 1 billion smart phones with Internet access. These two devices are also members of an army of IoT-enabled smart devices. By 2020, about 50 to 100 billion devices are connected to the Internet and may include computers, ATMs, manufacturing facilities and shipping containers for factories. From Figure 1, you can see that the number of devices connected to the Internet in 2008 has exceeded the global population. According to Cisco research, by 2020, each person on Earth has an average of 6 devices that can connect to the Internet.

RFID and smart city

According to the "Global Sensor Market Research Report" made by BCC in 2011, the global sensor market will reach about 56 billion by 2010; 62.8 billion by 2011, while the sensor market is expected to increase to 91.5 billion yuan by 2016, reaching 7.8% Compound growth rate.

Another technology that connects to network devices is the RFID radio frequency identification system. The chip in RFID carries the data, transmits the data wirelessly through the aerial, so RFID can make the ordinary apparatus become the intellectual apparatus. RFID wireless radio frequency identification system can be applied to automatic labeling, identification, registration, storage, tracking or transportation, to accelerate the efficiency and efficiency. In 2014, RFID has reached the scale of 9.2 billion US dollars; this year 2015, estimated to reach 11 billion US dollars; to 2016, RFID market can grow 20%. From Figure 2, five major areas of RFID can be identified, accounting for 76% of the market demand in 2016, including: Education 5%, Transportation 23%, Industry 26%, Healthcare, 8%, and Retail 15%.

Figure 2, RFID Key Market Demand Areas in 2016

Such predictions also come from the construction needs of smart cities. The Internet of Things (IoT) solution on the market can be divided into five different blocks, including: smart wearable devices, smart home, smart city, smart environment and smarter businesses. Smart cities are primarily leveraging ICT technologies to deliver a new generation of services and architectures. Smart city envision is composed of many smart areas, such as: intelligent transportation, intelligent security control and intelligent energy management, is the most important main components.

However, markets such as smart home, smart grid, smart healthcare and smart transportation are the main drivers for the expected larger sales. According to Markets and Markets' report in Smart City (2011-2016), the global smart city reached about US $ 1 trillion in 2016, reaching an average annual compound growth rate of 14.2%, as shown in Figure 3.

Figure 3, 2016 marketing of different smart products

Figure 4, five stages of network connection

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