China driving development of Internet of Things
In the past four years, the number of machine-to-machine connections via mobile networks has grown by 35 percent annually and now accounts for more than 3 percent of total mobile connections, according to the GSMA association of mobile operators.
China has led the way and accounts for 40 percent of the total mobile machine-to-machine connections, ahead of the United States and Japan combined.
Hooking up machines via mobile networks has already allowed for deployment of systems which allow for real-time monitoring of the location of buses, systems which direct drivers to free parking spots, and energy meters which report consumption automatically.
The Chinese government plans to invest more than $600 billion (440 billion euros) in the sector through 2020, ■