Industrial Internet of Things industry development prospects

Data show that in 2022, China’s total industrial added value exceeded 40 trillion yuan, accounting for 33.2% of GDP; Among them, the added value of the manufacturing industry accounted for 27.7% of GDP, and the scale of the manufacturing industry ranked first in the world for 13 consecutive years.
According to reports, China has 41 industrial categories, 207 industrial categories, 666 industrial subcategories, is the only country in the world with all industrial categories in the United Nations industrial classification. 65 manufacturing enterprises were listed on the list of the World’s top 500 enterprises in 2022, and more than 70,000 specialized small and medium-sized enterprises have been selected.
It can be seen that as an industrial country, China’s industrial development has come out with impressive achievements. With the arrival of the new era, industrial equipment networking and intelligence are becoming a major trend, which coincides with the development of Internet of Things technology.
In the IDC Worldwide Internet of Things Spending Guide released at the beginning of 2023, the data shows that the global enterprise investment scale of iot in 2021 is about 681.28 billion US dollars. It is expected to grow to $1.1 trillion by 2026, with a five-year compound growth rate (CAGR) of 10.8%.
Among them, from the perspective of the industry, the construction industry is guided by the policy of carbon peak and intelligent construction in China’s urban and rural areas, and will promote innovative applications in the fields of digital design, intelligent production, intelligent construction, construction industry Internet, construction robots, and intelligent supervision, thus dri investment in Internet of Things technology. With the development of smart manufacturing, smart city, smart retail and other scenarios, Manufacturing Operations, Public Safety and Emergency Response, Omni-Channel operations Application scenarios such as Operations and Production Asset Management (Production Asset Management) will become the main direction of investment in China’s iot industry.
As the industry that contributes the most to China’s GDP, the future is still worth looking forward to.


Post time: Jun-01-2023