The Artificial Intelligence of Things (AIoT) market in China has reached 380.8 billion yuan in 2019, with an increase of over 47%; and, China's AIoT is estimated to grow to 750.9 billion yuan in 2022.
The government-related AIoT market will grow dramatically and account for 51% of the total AIoT market in 2022 from 17% in 2018.
China AIoT sector saw a total number of 1,718 investments with a total value of 191.92 billion yuan during the five-year period from 2015 to Nov 2019.
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