China expects 10.25 billion IoT associations by 2026.
China expects 10.25 billion IoT associations by 2026 China is expecting to have 10.25 billion Internet of Things (IoT) connections by 2026, according to a recent report by the China Academy of Information and Communications Technology (CAICT). This represents a significant increase from the current number of IoT connections in China, which stood at 6.36 billion in 2020. The report also highlighted the increasing importance of the IoT industry in China's economy, with the industry expected to contribute RMB 1.5 trillion (approximately $233 billion) to the country's GDP by 2025. The growth of the IoT industry in China is being driven by a number of factors, including the increasing availability of 5G networks, which provide faster and more reliable connectivity for IoT devices. The Chinese government has also been promoting the development of the IoT industry as part of its broader efforts to develop new technology industries and create jobs. In addition, the report noted that ...