Internet Of Things

China Mobile Plans 100 Million Internet of Things Connection Adds in 2017

Updated:2017/6/30 14:18

China Mobile plans to add 100 million Internet of Things intelligent connections and drive the total to 200 million this year, Shang Bing, chairman of China Mobile said at Mobile World Congress Shanghai on June 28.

As a major response to the new-round information technology revolution and industry reform, China Mobile is committed to doing a good support job of digital economic services.

On one hand, the company will keep promoting the "Internet+" and smart city development, build the IoT operating service system and promote the scale growth of IoT application; On the other hand, it will accelerate the layout of digital service, actively expand the information services in the vertical field and enhance the ICT service capacity.

With the number of mobile user exceeding the whole population on earth, IoT has become the new growth fulcrum for the operators and the entire ICT market.

It is estimated that by 2020 the global Internet of Things market will be worth $830 billion, and IoT connection equipments will reach 50 billion including 570 million of those which are based on the cellular network.

China Mobile aims at 5 billion connections and IoT revenue of 100 billion renminbi by 2020.

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