China Is Dominating the Internet of Things
While the US is still gearing up for the Internet of Things -- where formerly "dumb" devices and systems automatically communicate with each other -- China is already well on its way down the IoT path.
A recent report from the GSM Association shows that a massive collaboration between the Chinese government and national telecoms China Mobile , China Telecom and China Unicom has helped propel the country into machine-to-machine communication dominance.
But China isn't stopping there. The country has made IoT one of its top priorities over the next five years, and it's currently in the processes of creating hundreds of smart, connected cities that can automatically monitor everything from pollution and noise levels to street lights and real-time public bus locations.
Check out the slideshow below to see how China's pulled off one of the most connected M2M countries, and how investors can benefit from this new tech movement.
Are you ready for this $14.4 trillion revolution?
Have you ever dreamed of traveling back in time and telling your younger self to invest in Apple? Or to load up on Amazon.com at its IPO, and then just keep holding? We haven't mastered time travel, but there is a way to get out ahead of the next big thing. The secret is to find a small-cap "pure-play" and then watch as the industry -- and your company -- enjoy those same explosive returns. Our team of equity analysts has identified one stock that's ready for stunning profits with the growth of a $14.4 TRILLION industry. You can't travel back in time, but you can set up your future. Click here for the whole story in our eye-opening report.
The article China Is Dominating the Internet of Things originally appeared on Fool.com.Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends China Mobile. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.