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The Present And Future Of Consumer IoT
Source:Original | Author:C&T RF Antennas Inc | Publish time: 2020-08-04 | 620 Views | Share:

The core of the development of the consumer Internet of Things is to improve user experience, cultivate usage habits, enhance user stickiness, and then obtain more valuable user data and realize data value-added.

From 2000 to 2010, the concept of the Internet of Things continued to develop, and the emerging industry of the Internet of Things attracted worldwide attention. In the past 10 years, the Internet of Things industry has developed rapidly, and infrastructure construction and underlying technologies are constantly improving:
Core components such as sensors and chips are developing in the direction of low cost, low power consumption, high performance, and intelligence; 5G, Wi- Fi6, LPWAN (low-power wide-area network) and other network communication technologies have made breakthroughs to increase network transmission rate, expand connection capacity, and reduce power consumption and delay; innovative development of underlying core technologies such as artificial intelligence and cloud computing.

The current stage of consumer Internet of Things: mainly to increase the number of device connections

With the enrichment of smart hardware categories and IoT applications, the Internet of Things has penetrated into diversified consumption scenarios. The awareness of the so-called smart life concept among consumers continues to increase, and the consumer Internet of Things market has a huge space.

According to data released by GSMA (Global System for Mobile Communications Association), from 2010 to 2019, the compound annual growth rate of the number of the global Internet of Things devices reached 22%. In 2019, the number of device connections reached 12 billion, of which direct-to-consumer devices The number of connections is 4.4 billion (2 billion for smart homes, 1.2 billion for consumer electronics, 300 million for wearable devices, 300 million for smart cars, and 600 million for other consumer products). Comprehensive analysis of the layout of industry players, smart homes, and wearable devices are the current development focus of consumer IoT.