China's IoT Connections Projected to Surpass 3 Billion This Year
China's Internet of Things connections are anticipated to surpass 3 billion this year, as stated in the world's first white paper on the fully and intelligently connected digital economy, unveiled at the 2024 World Internet of Things Convention (WIOTC) on November 3.
TroibNews 
According to a white paper on the fully and intelligently connected digital economy released at the 2024 World Internet of Things Convention on November 3, China is projected to surpass 3 billion Internet of Things (IoT) connections this year.
The IoT serves as a crucial infrastructure that utilizes sensing and network communication technologies to facilitate ubiquitous connectivity among people, machines, and objects. It offers various services, including information perception, transmission, and processing.
As of the end of July 2024, statistics reveal that there were 11.93 million mobile communication base stations throughout the country, providing differentiated access capabilities to cater to the diverse application needs across industries. By the end of August 2024, the number of IoT end users climbed to 2.565 billion.
He Xuming, chairman of the WIOTC Executive Committee, highlighted that China has taken a leading role in the development of global IoT infrastructure and the innovation of the digital economy. The nation is set to construct more than 4.3 million 5G base stations this year to support IoT operations and is on track to exceed 3 billion IoT connections.
China has emerged as the first major economy worldwide to have a greater number of mobile IoT connections than mobile users, building the most comprehensive and advanced network infrastructure globally. Data indicates that the country's digital economy is expected to exceed an annual output of 70 trillion yuan, growing at a rate over 20 percent, with nearly a million enterprises now integrated into advanced digital economies.
Standardization plays a critical role in the IoT industry. Reports from the WIOTC 2024 show that China is making rapid progress in establishing IoT standards, aiming to create over 30 new national and industry IoT standards by 2025.
The Ministry of Industry and Information Technology, along with the National Standardization Management Committee, has recently released the "Guidelines for the Construction of the Internet of Things Standard System," setting the goal of formulating more than 30 new IoT standards and participating in the establishment of over 10 international standards by 2025. This initiative aims to enhance the standards system that will promote the high-quality development of the IoT sector.
Wen Ku, chairman of the Board of China Communications Standards Association, emphasized the necessity for China to advance IoT standardization to foster replicable and scalable practices. He noted that China should actively participate in international standardization organizations to enhance the global adoption of its IoT standards.
In recent years, many countries have prioritized the growth of the IoT industry, with governments implementing policies to encourage research, development, and application. The white paper presented at the WIOTC 2024 forecasts that global IoT connections will exceed 25 billion this year.
Nearly 100 countries and regions have established more than 400,000 organizations, research institutes, and social organizations dedicated to the IoT digital economy. Additionally, more than 1 million industrial application platforms and public service systems have been created.
Investment in IoT digital economy infrastructure constitutes over 60 percent of total global investment, with the output value of advanced digital economies with full connectivity anticipated to exceed $50 trillion by 2030.
Jessica Kline for TROIB News
The IoT serves as a crucial infrastructure that utilizes sensing and network communication technologies to facilitate ubiquitous connectivity among people, machines, and objects. It offers various services, including information perception, transmission, and processing.
As of the end of July 2024, statistics reveal that there were 11.93 million mobile communication base stations throughout the country, providing differentiated access capabilities to cater to the diverse application needs across industries. By the end of August 2024, the number of IoT end users climbed to 2.565 billion.
He Xuming, chairman of the WIOTC Executive Committee, highlighted that China has taken a leading role in the development of global IoT infrastructure and the innovation of the digital economy. The nation is set to construct more than 4.3 million 5G base stations this year to support IoT operations and is on track to exceed 3 billion IoT connections.
China has emerged as the first major economy worldwide to have a greater number of mobile IoT connections than mobile users, building the most comprehensive and advanced network infrastructure globally. Data indicates that the country's digital economy is expected to exceed an annual output of 70 trillion yuan, growing at a rate over 20 percent, with nearly a million enterprises now integrated into advanced digital economies.
Standardization plays a critical role in the IoT industry. Reports from the WIOTC 2024 show that China is making rapid progress in establishing IoT standards, aiming to create over 30 new national and industry IoT standards by 2025.
The Ministry of Industry and Information Technology, along with the National Standardization Management Committee, has recently released the "Guidelines for the Construction of the Internet of Things Standard System," setting the goal of formulating more than 30 new IoT standards and participating in the establishment of over 10 international standards by 2025. This initiative aims to enhance the standards system that will promote the high-quality development of the IoT sector.
Wen Ku, chairman of the Board of China Communications Standards Association, emphasized the necessity for China to advance IoT standardization to foster replicable and scalable practices. He noted that China should actively participate in international standardization organizations to enhance the global adoption of its IoT standards.
In recent years, many countries have prioritized the growth of the IoT industry, with governments implementing policies to encourage research, development, and application. The white paper presented at the WIOTC 2024 forecasts that global IoT connections will exceed 25 billion this year.
Nearly 100 countries and regions have established more than 400,000 organizations, research institutes, and social organizations dedicated to the IoT digital economy. Additionally, more than 1 million industrial application platforms and public service systems have been created.
Investment in IoT digital economy infrastructure constitutes over 60 percent of total global investment, with the output value of advanced digital economies with full connectivity anticipated to exceed $50 trillion by 2030.
Jessica Kline for TROIB News
