The Internet of Things market in China is expected to hit $ 80.3 billion in 2015 . After leading losing fights to use Chinese standards in 3G technology and wireless mobile standards , China is trying to get out front early on IoT . China has earmarked $ 800 million for IoT investment by 2015 . China has created government - funded zones like Chengdu Internet of Things Technology Institute . China aims to become a global leader in setting IoT global standards .
The Internet of Things market in China is expected to hit $ 80.3 billion in 2015 . China has earmarked $ 800 million for IoT investment by 2015 . China has created government - funded zones like Chengdu Internet of Things Technology Institute . China aims to become a global leader in setting IoT global standards .