China is eyeing international cooperation on the Internet of things as the IoT market has been rolling on with full force all over the world.
Narrowband IoT (NB‑IoT) is a Low Power Wide Area (LPWA) technology that works virtually anywhere.
By 2025, IoT connections will reach more than 24.9 billion, compared to the estimated human population of 8.1 billion people.
So far, Huawei has played the most important role during the standardization of NB-IoT.