Author: e network alliance sales director, Greater China Zhuwei Di
Connectivity technology is continually improving manufacturing and energy efficiency, and enabling smarter buildings and connected transportation systems, which have become a must for next-generation products and services.
And that's the real reason why everyone is looking for an Internet of Things (IoT) solution to strengthen their business. In China, the Internet of Things has changed from fantasy to reality. In fact, according to the Swedish Trade and Investment Commission, China is the world's largest Internet of Things market with a market share of 22%. According to a recent survey by market research firm Markets and markets, the Chinese Internet of Things market is expected to grow from $11 billion in 2015 to $124.15 billion in 2022; between 2016 and 2022, compound annual growth rate (CAGR) ) up to 41.1%.
China - the world's largest Internet of Things marketAs the world's largest developing country, China is rapidly pushing its Internet of Things and Machine-to-Machine (M2M) technology to a new level – from cars, buildings, to television, to animals and even humans.
China is the world's largest manufacturing plant, producing almost all types of equipment, so China has the ability to promote the development and advancement of the Internet of Things market. All electronic products, including sensors, chips, gateways and other electronic products, can be produced in China.
It is estimated that there will be 200 million IoT connected devices worldwide by 2020, 95% of which will be manufactured in China. Under this circumstance, as a leader in the electronics manufacturing industry, China can combine the capacity of millions of factories as the basic supplier of the global Internet of Things market, which will undoubtedly have a profound impact on the world.
Another reason is that China is a world leader in M2M technology and may be the world's largest M2M market. According to the Swedish Trade and Investment Committee, as of the end of 2014, China had 74 million M2M connected base stations, accounting for nearly one-third of the global base stations. M2M allows digital devices to exchange information wirelessly and perform tasks. Therefore, it has the potential to help increase efficiency and reduce human error.
Recently, Shenzhen Water Group, China Telecom and Huawei jointly released the world's first narrowband (NB) IoT smart water business project in Shenzhen.
The Narrowband Internet of Things (NB-IoT) is a low-power wide area network (LPWAN) radio technology standard that uses cellular telecommunications technology to connect a variety of devices and services.
By placing the IoT sensor on the water pipe, people can check the amount of water through the smartphone. Today, more than 500 NB-IoT base stations have been deployed in Shenzhen. Because these connected devices generate useful and readily available data, they can be analyzed to help utilities reduce operating costs and minimize human intervention.
Although the Internet of Things brings many benefits to modern society, some potential risks and threats cannot be ignored. Security and privacy are two of the most important concerns for all digital users and businesses.
i) Privacy – A recent study by e-Community, a leading global electronics and development services distributor, shows that as many as 64% of consumers are concerned about the privacy of the digital age. Digital devices penetrate into every aspect of human life, and it is clear that technology is storing, using and protecting private information. For example, a connected car may need to connect to a user's smartphone or smart watch to provide a better user experience.
However, at the same time it may also need to connect other vehicles or vehicles on the road to collect traffic information. The more data collected from different sources, the harder it is for individuals to have complete control over their own data. Once personal data falls into the hands of people with ulterior motives, the consequences can be quite serious.
Ii) Security – The Internet of Things is based on a variety of electronic and communication technologies, including sensors, chips and microprocessors. Performance and security requirements vary from device to application.
But one of them is the same. The success of smart cities, smart homes and even Industry 4.0 depends on people's confidence in a strong and secure network. The greater the amount of sensitive data transmitted over the Internet of Things, the greater the risk of data and identity theft, device manipulation, data forgery, IP theft, and even server/network manipulation. Therefore, it is important to ensure that digital products and services do not collect information beyond the data required to perform a specific task. At the same time, these data need to be stored securely without any delay or downtime.
Government support and supplier network accelerate developmentThe Internet of Things has made the world smarter and more connected, so it has become the focus of government and business organizations. For example, various sectors of national and local government are promoting the development of the Internet of Things in various ways. As early as 2010, Premier Wen Jiabao said that the Internet of Things is crucial to China's information and communication strategy. Since then, the National Internet of Things Center has been established in Shanghai.
In addition, the "Internet +" and "Made in China 2025" strategies have also contributed to the explosive growth of Internet of Things technology. These strategies are designed to integrate the Internet, big data, cloud computing and IoT technologies into a wide range of industries to achieve innovation and unlock more business and economic development opportunities.
Start-ups, entrepreneurs, and makers can leverage the low-cost, open source electronic platforms and single-board machines from vendors like e-Community to deliver powerful design tools to designers faster, enabling all innovators Internet of Things technology is available to all customers. These development platforms also help to bridge the technology gap between engineers and programmers.
The Supplier Network also provides a community of communication for technical consulting and support services where users have the opportunity to discuss with peers and professionals, regardless of size.
The Community Forum has online seminars and "testing" capabilities for new electronic products that provide space for engineers and makers to learn more about implementing new and legacy technologies through open source hardware and software products.
The Community Forum also offers a dedicated IoT development kit that includes hardware, software, firmware and integration tools to shorten the design cycle. More importantly, these IoT suites typically include sensor deployment components and cloud access solutions that ease the burden of incorporating these technologies into functional design.
As vendors promote out-of-the-box experiences, development kits are rapidly becoming a must-have for IoT infrastructure reference designs, including not only the underlying platform, but also basic sensor and cloud access capabilities. For designers who are ready to turn their designs into mass production, top suppliers also offer manufacturing design and manufacturing services to help small companies jump from manufacturers to OEMs.
Electronic components and development services distributors such as e-Community can support makers, teaching staff, and design and maintenance engineers, and help them develop products and businesses. Therefore, working with electronics and development services distributors will help IoT design and developers gain a unique competitive advantage.
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