Industry Overview
In 2024, global IoT device connections are expected to exceed 20 billion. IoT is accelerating penetration into all industries as important digital economy infrastructure.
Major Development Trends
1. 5G + IoT Deep Integration
Large-scale 5G commercialization provides higher bandwidth and lower latency for IoT applications.
2. AI + IoT (AIoT)
Integration of AI and IoT enables devices with intelligent analysis and decision-making capabilities.
3. Edge Computing Rise
More data processing at the edge, reducing cloud pressure and improving response speed.
