China’s IoT spending is expected to reach US $300 billion in 2024, making it the world’s largest IoT market

China’s IoT market spending is expected to reach about $300 billion by 2024, with a compound growth rate of 13.0% over the next five years, according to a statement released on IDC’s website. In 2024, China accounted for 26.7 percent of global IoT spending, overtaking the United States to become the world’s largest IoT market.

What are the factors that affect Internet of things (IOT) devices

In the foreseeable future, network security will still be a priority for most organizations. Hackers are still actively trying to infiltrate various network systems of companies and individuals. Blackmail software, malware, spyware and other unnecessary programs continue to infect systems, destroy data and steal intellectual property rights. The following are three main factors that will

IoT Product Development Stages

Connectivity and data transmission The experienced and certified team of IoT system engineers can add cellular, Wi-Fi, RFID, GPS, Bluetooth and other types of secure wireless control and connectivity to your product. The priority of the IoT product development team lies in transmitting real-time data without security and privacy breach. Basic connectivity   When it’s