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China IIoT efforts will dominate global market: Economist

By Donal Power , Aug. 04, 2016 – 

China is well positioned to become a global leader in the Industrial Internet of Things (IIoT)

market, as industrial use of connected devices eclipses consumer gadgets.

A recent article by the Economist magazine extolled the virtues of China that positions it to capture a significant share of the global IIoT marketplace.

It says China's current role as the world's largest manufacturing power gives it the basis of becoming a global IIoT powerhouse.

Many of the IIoT technology products will be developed in China as the country makes most of the planet's electronics. These electronics include sensors and other components that comprise IIoT networks and enable industrial products and factory machines to communicate data.

As well, much of this China-made IIoT technology will targeted for sale to the millions of factories in the country, which house billions of machines. The Economist notes that this syncs up ideally for the Chinese government which has shown itself keen to encourage the upgrading of the country's

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