(OFweek)
– With the rapid development of industrial internet and the IoT 3.0,
the market with trillion yuan of production value comes to the
entrepreneurs.
The demands for gas sensors
in IoT form a brand new market for integrated circuit. The data
indicates that the market scale of IoT solution will reach $7.2 trillion
by 2020, and the compound annual growth rate in Chinese market will be
20%. The Big Data and Cloud Computing will also really embody its high
added values; IoT will play an important role in wearable device, smart
city and industry 4.0 as well.
“Through the development history of
IoT, it is a qualitative leap from consuming internet to industrial
internet. Industrial internet is the key to the realization of industry
4.0.” experts claimed at the China Internet of Things Conference held
yesterday (May 21). The sensor industrial chain which is closely related
to IoT will embrace explosive growth and Big Data and Cloud Computing
will embody their high added values as well.
Source: http://global.ofweek.com/news/Sensor-industry-chain-will-embrace-explosive-growth-29720
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