Core Tip: In the strategy of market development of China Telecom in 2017, China Telecom will individually mention Internet of Things as the development key word, and China Telecom Internet of Things users will achieve a net increase of 25 million in 2017.
China Telecom Internet of Things gradually getting smart technology is expected to reach 100 million Internet users in 2018 million
Yang Xiaowei said that in the IoT ecosystem, China Telecom will continue to build platform capabilities to provide over one hundred million yuan of incentive policies and accelerate the scale of breaking billion. In the meantime, Yang Xiaowei announced that in the "13th Five-Year Plan" period, the Internet of Things will be integrated into the five major business ecologies created by China Telecom and the industrial chain with smart connectivity, smart home, Internet finance and emerging ICTs.
In the strategy of market development of China Telecom in 2017, it proposes to launch a dual platform of connectivity management platform and business enablement platform, strengthen the foundation of ecological cooperation, build the core capabilities of the platform and expand the market in a targeted manner. Mainly involves the following three areas: For the smart city market, launch key modules such as public safety, intelligent transportation and smart medical treatment, integrate the Internet of Things into smart city function modules and direct marketing channels for integrated marketing. For the vertical industry market, China Telecom will implement standard product traction to expand manufacturing, energy, car networking, logistics and other key areas. For the personal consumer market, we are leveraging on scale development of hot products such as rear-view mirrors and wearable devices, implementing list-level cooperation with top suppliers in various fields, co-marketing, opening up self-service and using platform capabilities.
Recently, Bank of America Merrill Lynch published a research report that refers to the maximum potential of China's telecom operators in the Internet of Things. The Ministry of Industry and Information Technology estimates that the CAGR of China's IoT market will reach 15% CAGR in 2020, and its market capitalization is expected to reach 1.5 trillion RMB in 2020.
Under the support of government policies and improvement of hardware facilities, Bank of America Merrill Lynch forecast the rapid growth of Internet of Things. Chinese telecom operators are taking the initiative to explore opportunities for cooperation with suppliers of IoT vendors to provide a complete IoT solution. In fact, earlier, China Telecom opened the IoT technology path layout.
"China Telecom will launch Cat.1 in July 2016 and build an 800-megabyte NB-IoT network in the first half of 2017. At the same time, it will also support eSIM to promote China Telecom's Internet of Things (IoT) from a weak foundation in the past to the industry Top. "Yang Jie, Chairman of China Telecom, said at the Tianyi Smart Terminal Trade Fair on July 15th.
In the China Telecom's IoT plan, Cat.1 and NB-IoT are currently the two most important technical standards are spared. Both are expected next year in the smart city took the lead in the field of commercial.
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