An Analysis of the Evolution in Internet of Things Industry Based on Industry Life Cycle Theory

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Abstract:

As is with general industries, Internet of Things industry also follows life cycle theory in the long run. However, in the short term, its high-tech industrial property will bring with it an inevitable outbreak growth at growth stage. The internal mechanism of explosive growth is that the whole networking industry chain achieves linkage development between supply and demand. Currently, Internet of Things industry in China faces a "quake lakes dilemma", which makes the linkage unrealized. Therefore, to get out of the "quake lakes dilemma" and further accelerate the evolution of Internet of Things, it is vital to make major breakthroughs in technologies, standards bottlenecks and remove cost barriers.

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Periodical:

Advanced Materials Research (Volumes 430-432)

Pages:

785-789

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Online since:

January 2012

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