The Rapid Development of Smart Hardware in the Internet of Things Era

In 2019, China’s smart hardware terminal industry entered a period of rapid development, with the next decade being a golden period for the industry’s growth.

Written by: Li Xiaoxiao

The Long History and Rapid Transformation of Smart Hardware Terminals

Every era has its own “smart era”. From the mid-17th century to the end of the 19th century, the arrival of the “steam age” changed industrial and transportation methods, driving transformations in human industry. The late 19th century and early 20th century marked the “electrical era”, where the invention of generators and internal combustion engines became new energy sources, solving the engine problems of transportation. From the 1940s and 50s, we entered the “information age”, where the new economy represented by knowledge economy became key to the competition among countries.Electronic computing developed rapidly and was widely applied. Since the 21st century, the world has entered the “smart era”, with technologies represented by artificial intelligence, 5G communication, optoelectronic chips, and big data maturing. Artificial intelligence will further liberate human hands and even brains.

The characteristic of the “smart era” is that the world is an interconnected Internet of Things. Smart hardware terminals are equivalent to intelligent robots applied in various scenarios. The brain, eyes, ears, mouth, hands, and legs of intelligent robots correspond to the respective technical supports, and the development of smart hardware terminals is gradually breaking product boundaries, successfully achieving functional integration, data integration, and ecological integration from the inside out.

The Smart Hardware Terminal Sector is in a Period of Rapid Development

In 2019, China’s smart hardware terminal industry entered a phase of rapid development. Major industry players like Xiaomi and Huawei leverage their software development capabilities, user bases, and robust supply chains to create a large-scale operational ecosystem. The product lines of smart hardware terminals, centered around Xiaomi’s MIUI system and Huawei’s smartphones, are expanding rapidly.

Startups in the smart hardware terminal sector are gradually growing, with new listed companies emerging in the capital market, such as iFlytek, BOE, Zhimi Technology, and Huami Technology. These companies encompass both technology research and development and a rich product system of smart hardware terminals. Some companies are backed by internet-gened parent companies, fostering a good user ecosystem, such as Orion Star and Xiaomi’s ecological chain enterprises.

Currently, the business models of smart hardware terminal companies are relatively clear, with diverse profit avenues, and the development of these companies has entered a relatively stable period.From an investment perspective, both the present and the next decade are considered relatively safe periods.

The Market Size of Smart Hardware Terminals Exceeds Trillions

The scope of smart hardware terminals is broad, including smart home devices, smart robots, smart vehicle devices, smart medical devices, smart wearable devices, smart display devices, and smart security devices, all of which have good applications in various niche fields, with a rich variety of products in each area.

Data shows that the “smart everything” era of the Internet of Things will have a market space of $10 trillion. Calculating based on a hardware share of 20%-30%, the potential market space for smart hardware devices is approximately $2-3 trillion.

This report primarily studies the following content:

The development evolution of the smart hardware terminal sector

The driving forces behind the development of smart hardware terminals

The market size and investment financing situation of smart hardware terminals

The industry chain analysis of smart hardware terminals

An overview of the analysis of niche fields in the smart hardware terminal sector

The future development trends and risk points in the smart hardware terminal sector

The following is the full text of the 36Kr smart hardware terminal industry research report. The report PDF version can be downloaded by replying “Smart Hardware Research Report” in the backend.

About 36Kr Research Institute

The 36Kr Research Institute is a sub-brand of 36Kr, focusing on industry research in the primary market, studying emerging industries and enterprises through a combination of qualitative and quantitative methods. We welcome active communication and discussion.

Analyst: Li Xiaoxiao [email protected] Wechat:15011504594 ; focusing on pan-artificial intelligence and cultural consumption fields.

The Rapid Development of Smart Hardware in the Internet of Things Era

About 36Kr Research Institute

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