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IoT Market in China 2016-2020

About the IoT Market in China

The IoT technology helps connect any device to the internet. Devices such as smartphones, household appliances, and wearable devices can be part of the IoT ecosystem and can be controlled through the internet. The IoT works as the core of modern concepts such as smart homes, smart shopping, smart transportation, and smart healthcare. The IoT has started to scale and deliver real changes across the Chinese economy. The nation is becoming a global leader in adopting the IoT and is firmly establishing itself as the manufacturing hub of the world with the help of the technology. Chinese manufacturers are rapidly adopting new technologies such as 3-D printing, robotics, and artificial intelligence and enabling local players from China to strengthen their economic and global footprints

Technavio’s analysts forecast the IoT market in China to grow at a CAGR of 18.99% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the IoT market in China for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IoT components, which include connected devices equipped with radio frequency identification (RFID) and near-field communication, sensors, gateways, networking components, supervisory control and data acquisition, and complex event processing.

Technavio's report, IoT Market in China 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Huawei
  • Datang
  • ZTE
  • Putian
  • Lenovo
  • Founder
  • Haier
  • Tsinghua Tongfang
  • Foxconn
  • Tech-Com
  • Xiaomi
Other prominent vendors
  • Broadlink
  • Gizwits
  • Ayla Network China
  • Lifesmart
  • Yeelink
  • Landing Technology
  • Orvibo
  • MXchip
  • Phantom
Market driver
  • Increasing adoption of IoT in manufacturing sector
  • For a full, detailed list, view our report
Market challenge
  • Growing complexity of IoT infrastructure
  • For a full, detailed list, view our report
Market trend
  • Expansion of semiconductor industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – IoT Market in China 2016-2020

Technavio recognizes the following companies as the key players in the IoT market in China:

Other Prominent Vendors in the market are: Broadlink, Gizwits, Ayla Network China, Lifesmart, Yeelink, Landing Technology, Orvibo, MXchip, and Phantom.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is propelling market growth is the expansion of the semiconductor industry. The IoT is one of the big drivers of the semiconductor industry. Due to the growth of the IoT in the automotive and industrial markets, the demand for semiconductors is increasing. China alone consumes 56.5% of the semiconductor chips manufactured across the world. The country will continue to expand its semiconductor leadership and increase its market share during the forecast period.”

According to the report, a key growth driver is the growing role of Chinese mobile operators in IoT. During 2014-2015, 4G mobile networks started to replace 3G in China, and most of the smartphone manufacturers' product lines switched to 4G. By the end of 2015, the 4G mobile phone market had produced more than 95 million smartphones, representing about 20% of the mobile phone market in China. The 4G mobile networks offer better internet speeds to handheld devices. This enables the hassle-free operation of IoT solutions from remote locations.

Further, the report states that one challenge that could restrict market growth is the growing complexity of the IoT infrastructure.



Companies Mentioned

Other Prominent Vendors in the market are: Broadlink, Gizwits, Ayla Network China, Lifesmart, Yeelink, Landing Technology, Orvibo, MXchip, Phantom.

  • Executive summary
    • Key insights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Difference between M2M and IoT
      • Table Difference between M2M and IoT
  • Market description
    • Components of IoT
      • Table Components of IoT
    • IoT value chain
      • Table IoT value chain
    • Applications of IoT
      • Table Application of IoT in various sectors
  • Integral part of IoT: Sensors
  • IoT industry in China
    • Table IoT in China
    • Growing IoT opportunities in different industries
      • Table IoT opportunities in different sectors
    • Internet in China
      • Table Use of internet in China 2015 (% share)
    • Government initiatives to promote IoT in China
    • IoT standards
    • Technical committees
    • Five-year plans and IoT
    • Internet Plus
    • Smart city projects
      • Table Smart city project layers
  • Market landscape
    • Market overview
      • Table Segmentation of IoT market in China
    • Global IoT market
      • Table Global IoT market 2016-2020 ($ billions)
    • Global connected device market
      • Table Global connected device market 2015-2020 (billions of units)
    • IoT market in China
      • Table IoT market in China ($ billions)
  • Market segmentation by product
    • IoT market in China by product
      • Table IoT market in China by product (% share)
  • Market segmentation by end-user
    • IoT market in China by end-user
      • Table IoT market in China by end-user 2015-2020 (% share)
    • IoT market in China's manufacturing sector
      • Table IoT market in China's manufacturing sector 2015-2020 ($ billions)
    • IoT market in China's automotive sector
      • Table IoT market in China's automotive sector 2015-2020 ($ billions)
    • IoT market in China's healthcare sector
      • Table IoT market in China's healthcare sector 2015-2020 ($ billions)
  • Market drivers
    • Increased adoption of IoT in manufacturing sector
    • Significant growth of RFID market supporting IoT
    • Growing role of Chinese mobile operators in IoT
    • Strong government support for IoT adoption
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Growing complexity of IoT infrastructure
    • Lack of standardized products
    • Increasing security concerns over IoT solutions
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Development of mobile network infrastructure
    • Expansion of semiconductor industry
  • Five forces analysis
    • Table Five forces analysis
  • Key vendor analysis
    • Competitive scenario
    • Description of vendors
      • Table Global and Chinese vendors of IoT components
      • Table Total mobile subscribers in China (% share)
      • Table 3G subscribers in China (% share)
      • Table Vendor matrix: Providers of communication networks
      • Table Vendor matrix: Hardware providers
      • Table Software industry in China (% share)
      • Table Vendor matrix: Applications and services providers
    • Emerging vendors
      • Table Emerging vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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