China IoT market value in 2020 estimated at CNY690 billion
Ninelu Tu, Taipei; Adam Hwang, DIGITIMES
China's IoT application market value rose from CNY531.8 billion (US$80.5 billion) in 2018 to over CNY600 billion in 2019 and will further grow to CNY690 billion in 2020, according to industry sources.
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