Market size growth of Internet-of-Things (IoT) in China 2013-2019
The Chinese Internet of Things (IoT) market grew by 18.25 percent in 2019, reaching a total market size of almost 1.5 trillion yuan. Under the general trend of digitalization in China, IoT technology has become more relevant for many of the county's industries. A significant segment where IoT plays a big role is smart homes.