The number of mobile Internet of Things connections in China has reached 1.698 billion, surpassing the number of mobile phone users for the first time

    According to the data of the Ministry of Industry and Information Technology, as of the end of August, the total number of mobile phone users of China Mobile, China Unicom and China Telecom, the three basic telecommunications enterprises, reached 1.678 billion, a net increase of 34.68 million over the end of the previous year. Among them, the number of 5G mobile phone users reached 492 million, a net increase of 138 million over the end of last year, accounting for 29.4% of mobile phone users, 7.8 percentage points higher than the end of last year.

    By the end of August, the three basic telecommunications enterprises had developed 1.698 billion cellular IoT end users, a net increase of 300 million over the end of the previous year. The number of cellular IoT end users representing "things" connections among mobile network connection terminals exceeded the number of mobile phone users representing "people" connections for the first time, accounting for 50.3%. The total number of IPTV users reached 370 million, a net increase of 21.9 million over the end of the previous year.

    IT Home previously reported that the report of Strategy Analytics pointed out that the compound annual growth rate (CAGR) of the Internet of Things will reach 14% between 2022 and 2030. During the forecast period, the compound annual growth rate (CAGR) of North America and Asia Pacific is expected to reach 16% and 14% respectively.