The industry expects that the global IoT market will reach 3 trillion US dollars by 2020, and information technology companies and electrical appliance manufacturers are hoping to take the lead in this market and get ahead of schedule.
At CES2015, in the exhibition hall of American chipmaker Qualcomm, the staff opened the door of a refrigerator. The refrigerator was produced by Electrolux, a Swedish appliance manufacturer. When the refrigerator door was half opened, the LED lights developed by the American startup Lifx Labs flashed red light. At this time, the smart watches produced by LG Electronics in Korea were An alert was issued. The staff explained that through the Qualcomm's AllJoyn technology, products produced by different companies can communicate smoothly.
AllJoyn is a networking device specification developed by Qualcomm's IoT technology standards consortium AllSeen. According to Qualcomm President Drake Aberley, the alliance is huge and more than 100 companies have signed up to join.
The Internet of Things market is considered to be the next fast-growing area after smartphones. The industry expects that 50 billion devices will be interconnected by 2020, but it depends on whether these devices can effectively interconnect and exchange data with other products. IoT standards are critical to reducing costs and making technology simple and easy to use.
In fact, Qualcomm is not the only company that wants to dominate the technology standards for device interconnection and security communication in the IoT market. These companies are selling their own IoT standards to promote the superiority of the standards they lead.
Intel CEO Brian Kazanic releases chips developed for IoT wearables
US chipmakers Intel and General Electric have formed an Open Internet Alliance, and Intel CEO Brian Kazanic has released a new chip for IoT wearables in his CES keynote. He said that the development of the Internet of Things and wearables means that 2015 will be the beginning of the next wave of consumer technology.
Google is pushing its standards with companies like Nest Labs, and Apple wants its HomeKit standard to be accepted by the market. Samsung Electronics announced on Monday that it will invest $100 million to help outside companies develop products and services that are compatible with the SmartThings standard.
Although different camps are emphasizing the importance of a unified standard, there is no indication that either party will be the ultimate winner. Some companies, such as Samsung, ensure that they don't make the wrong choice by joining multiple camps.
Panasonic and other Japanese companies have joined the Qualcomm camp, but these Japanese companies have a low voice, unless they can propose a growth strategy and demonstrate their leadership in the IoT market, otherwise they will only become the market. Followers are just like they do on a smartphone.
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