FOR IMMEDIATE RELEASEStrong govt. support with wide array of industry applications fuels the growth of Internet-of-ThingsM...
Key trends in the IoT market include industry growth led by applications, emerging integrated platformsand emerging busine...
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For the complete report, get in touch with us at : info@netscribes.com Internet-of-Things Market in China 2012

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For the complete report, get in touch with us at : info@netscribes.com


The Internet of Things Market in China is part of Netscribes’ Information Technology Industry Series reports. The market will be boosted by the huge industry applications coupled with widespread adoption of internet in China.

The report begins with the definition of Internet of Things (IoT) and its key characteristics followed by a basic structure of IoT. A clear distinction between Internet and IoT is also demonstrated followed by an illustration on the network and evolution of IoT alongwith its everyday applications.

The market overview section provides the domestic market size and growth potential of IoT for the period 2010-2020. Furthermore, the report identifies major IoT hubs alongwith those cities having strong growth potential in the context of IoT in China. In addition, the report delves into the sectors of focus having IoT relevance in China followed by the advantages and disadvantages of IoT.

Key factors driving the growth of IoT market in China include industry applications, rise in use of smartphones, widespread usage of internet, cost reduction, infrastructural advantage, and supply and demand drive.

The report finds that Chinese industries using mature sensor technologies will boost the domestic IoT market. China had witnessed intense IoT applications in the domains such as ITS, smart manufacturing, agriculture, smart grid and healthcare. Smartphones sales in china is estimated to rise to 137 mn units by the end of 2012 while internet population in China is estimated to rise by 17% during 2007-15 which will further drive the domestic IoT market. Inverse relation between price of sensing and use of sensory devices attracts clients to use more sensing applications. China’s IoT market is also driven by its infrastructural advantage coupled with strong supply and demand cues.

Players operating in the market also face challenges which are impeding their development and growth. Major challenges identified in the report include lack of unified standards, safety & privacy concerns, high application cost, and lack of understanding IoT.

The report finds that lack of unified standards in China’s IoT market hinders the industrial cooperation. Furthermore, privacy protection must cover technical solutions, as well as regulatory, market-based and socio-ethical consideration as security concerns increases among consumers. High costs of sensors or RFID tags coupled with lack of understanding of IoT impedes growth prospects.

The report highlights key initiatives taken by the China Central Government and China's Ministry of Finance for the development of domestic IoT market. The section also provides a layout of the IoT investment focus according to the 12th Five Year Plan of China.

Key trends in the IoT market include industry growth led by applications, emerging integrated platforms and emerging business models.

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For the complete report, get in touch with us at : info@netscribes.com Internet-of-Things Market in China 2012

  1. 1. FOR IMMEDIATE RELEASEStrong govt. support with wide array of industry applications fuels the growth of Internet-of-ThingsMarket in China, finds NetscribesNetscribes (India) Pvt. Ltd. launches Internet of Things Market in China 2012 report covering a marketwith strong growth potential. The report is a part of Netscribes’ Information Technology Industry Seriesreports.Mumbai, India – 24 Apr, 2012 – Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company,announces the launch of its report, Internet of Things Market in China 2012. The market is poised todemonstrate robust growth of 17.4% CAGR during 2010-20.The report begins with the definition of Internet of Things (IoT) and its key characteristics followed by abasic structure of IoT. A clear distinction between Internet and IoT is also demonstrated followed by anillustration on the network and evolution of IoT alongwith its everyday applications.The market overview section provides the domestic market size and growth potential of IoT for the period2010-2020. Furthermore, the report identifies major IoT hubs alongwith those cities having strong growthpotential in the context of IoT in China. In addition, the report delves into the sectors of focus having IoTrelevance in China followed by the advantages and disadvantages of IoT.Key factors driving the growth of IoT market in China include industry applications, rise in use ofsmartphones, widespread usage of internet, cost reduction, infrastructural advantage, and supply anddemand drive.The report finds that Chinese industries using mature sensor technologies will boost the domestic IoTmarket. China had witnessed intense IoT applications in the domains such as ITS, smart manufacturing,agriculture, smart grid and healthcare. Smartphones sales in china is estimated to rise to 137 mn units bythe end of 2012 while internet population in China is estimated to rise by 17% during 2007-15 which willfurther drive the domestic IoT market. Inverse relation between price of sensing and use of sensory devicesattracts clients to use more sensing applications. China’s IoT market is also driven by its infrastructuraladvantage coupled with strong supply and demand cues.Players operating in the market also face challenges which are impeding their development and growth.Major challenges identified in the report include lack of unified standards, safety & privacy concerns, highapplication cost, and lack of understanding IoT.The report finds that lack of unified standards in China’s IoT market hinders the industrial cooperation.Furthermore, privacy protection must cover technical solutions, as well as regulatory, market-based andsocio-ethical consideration as security concerns increases among consumers. High costs of sensors orRFID tags coupled with lack of understanding of IoT impedes growth prospects.The report highlights key initiatives taken by the China Central Government and Chinas Ministry ofFinance for the development of domestic IoT market. The section also provides a layout of the IoTinvestment focus according to the 12th Five Year Plan of China.
  2. 2. Key trends in the IoT market include industry growth led by applications, emerging integrated platformsand emerging business models. Major partnerships taken place during 2010-12 in the China’s IoT marketare also included in the report.The competition section outlays the competitive landscape of the IoT market in China briefing about thedomestic and foreign players existing in the market. This section provides a three dimensional analysis ofkey players’ revenues, profits and market capitalization. The report also features brief profiles of majordomestic and foreign players in the market with a snapshot of their corporation, financial performance,business highlights and their product portfolio, providing an insight into the existing competitive scenario.Key takeaway section summarizes the entire market in terms of opportunities, trends and challengespersisting in the IoT market in China.For more details on the content of each report and ordering information please contact:Tel: +91-33-4064-6214Email: sales@netscribes.comAbout Netscribes (India) Pvt. Ltd.Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clienteleacross the globe. The company’s expertise spans areas of investment & business research, business &corporate intelligence, publishing services and customized knowledge database creation. At its core lies atrue value proposition that draws upon a vast knowledge base.For more information please write to info@netscribes.comNetscribes (India) Private Limited, Podar Center, 85 Parel Post Office Lane, Off Dr. Ambedkar Road, Parel (East) Mumbai 400 012, Maharashtra, India.

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