Industry Analysis

RocKontrol

About Us

Technology Base

Products and Service

Solutions

Carbon zone

Industry Analysis

Market Distribution

Industry Analysis

Scale

IoT connections in China,
2019-2025 (100m)

Chinese IoT Industry Scale and
Predictive Value, 2018-2022

Forecast of domestic industry/
consumer IoT connections, 2019-2025 (1b)

- The Chinese Academy of Information and Communications Technology estimates that China currently accounts for 30% of all IoT connections in the world. This number is growing at an estimated annual rate of 14.1% and is expected to reach 8 billion connections by 2025. Many of these new connections can be attributed to the industrial market as these industries continue to adopt IoT technologies, particularly in public services, smart industry, smart environmental protection, smart energy, and others

- This growth has fueled China to recognize the IoT industry as the foundation of a growing digital economy. RocKontrol will continue to face new opportunities.

Drivers and Constraints

Industry drivers

Technological development

IoT, a technology-driven enterprise, is at its core a mature, multi-level and multi-dimensional technology. Technological innovations have significant impacts on the industry.

Generating massive IoT data requires read-write memory, computing analysis, value mining, and security protocols. Future advancements in various technologies such as edge computing, blockchain, AI, and encryption will accelerate industry growth.

Social Digitalization and Demand

Traditional industries must utilize new technologies to keep pace with high-speed social developments. As IoT technologies accelerate the digitalization levels of these traditional industries, the demand for IoT products and services will also increase.

Traditional industries such as urban management and environmental governance will undergo a digital transformation and impacting the social economy. The demand for IoT technologies will increase in response to a broader customer base and its high developmental potential.

Industry Constraints

Non-standardized Industry Practices

Currently, a unified technical standard for IoT systems has not been established. This impedes data sharing, affects interoperability between technologies, hinders cooperation, and prevents the formation of “Information Islands”.

Inefficient Platform Construction and Applications

High platform construction costs are a major bottleneck in the proliferation of IoT in China. Slow innovation rates are insufficient to justify these high costs, leading to problems such as inefficient data mining, integration, application, and cases of “re-creating the wheel” during technology development.

Concerns in IoT Data Security

IoT data security capabilities are still relatively weak due to an unregulated supply chain. Platforms currently rely on imported technologies and open-source code in core products. Past security breaches in other platforms have resulted in economic losses.

Lack of Core “Application Drivers”

IoT has enjoyed widespread use in environmental protection, security, and other fields, but has often not been properly applied. Many implementations are still stuck in initial phases. Other large-scale application projects have not been completed due to low data value, high costs, cooperation challenges, and poor service compatibilities.

Development Trends and Core Strengths

Trustworthy data platforms that promote data-sharing will accelerate the industry and win market share. Data ownership, collection, and aggregation will unlock IoT performance and innovation. RocKontrol’s advanced CloudChain technology, applications, and platform-based operations establish the company as a leader in IoT and position us to meet a growing demand for an “Internet of Everything”.

Development Trends

Integrating ecological resources
The IoT industrial chain has increasingly integrated with industry tools. These connections demonstrate the value of links between different industrial platforms and layers of IoT systems.

AI & IoT
AI has been gradually applied to IoT to “intelligentize” the system and improve performance. This trend has only recently developed in the past few years and will become a crucial part of future IoT technology.

Blockchain, security, and IoT
Data security has become a restrictive factor in IoT development as the number of connections and transmissions grow exponentially. By incorporating blockchain technology, data owners can now ensure security in their IoT technologies.

Core Strengths

IoT technology and application
RocKontrol boasts a proprietary and comprehensive suite of IoT capabilities, particularly in the complex platform layer, for data analysis and applications. Our expertise in smart environmental protection and smart cities fuels our continuous technological innovation.

Legal and secure data assets
Our close working relationships with the Chinese government and other authoritative bodies has afforded us the right to collect, utilize, and process data in highly specific fields. These relationships help establish trust in our data and widen our competitive advantage.

Resource reuse, sustainable innovation
Our continuous innovation also solves for customer experience and sustainability. Keeping these two factors in mind, we strive to optimize the supply chain relationship, improve ecological cooperation, and expand our IoT applications into broader fields.