China's Internet of Things industry relies heavily on foreign countries in terms of patents, products and solutions. If there is no major breakthrough in core technology, China's Internet of Things industry may become a processing and manufacturing link in developed countries, and the profits obtained are very meager.
2. Industry integration is difficult
At present, the development of China's Internet of Things industry is still immature, and the barriers between different industries, regions and departments have not been broken, and there is a lack of relevant coordination; It has not formed a certain scale effect, which leads to the high cost of the Internet of Things, and it is difficult to form a large-scale application, which hinders the promotion of the Internet of Things and the maturity of the industrial chain.
3. There are great network security risks.
As a new network platform, the development and construction of the Internet of Things involves a large number of information security, privacy and data protection issues. However, at present, there is still a lack of technically recognized means and regulatory regulations based on security and privacy protection, which leads to some people and things lacking confidence and security in the application of the Internet of Things.
4. Lack of mature business model
There are few users in the initial stage of the Internet of Things industry, so it is difficult to achieve economies of scale and form a benign development mechanism in which supply and demand promote each other, thus restricting the formation of a market-oriented profit model of the Internet of Things.
5. Lack of a unified standard system
China started to formulate standards for the Internet of Things earlier and achieved obvious results, but the current standards in China are still scattered, lacking, lacking and not unified.