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The itu report, the application of Internet of things has four key technology, RFID, sensor, smart technology (such as intelligent family and intelligent car) and nanotechnology.

Itu is a report titled "the Internet of things", the first author Laura srivastava said: "we are now standing at the entrance of a new era of communication, in this day and age, we know it will be fundamental changes in the Internet. The Internet is a kind of unprecedented means of communication between people, and now the Internet can connect people with all the objects, also can connect the object with".

According to the report, the Internet of things will give mobile operators, retailers, equipment manufacturers and automobile manufacturing company and other kinds of enterprises to bring exciting opportunity, this is beyond doubt. For the common people, connecting personal items to the Internet will mean that the real world is becoming more and more accessible via virtual design. Cookware, food, and cooking will all become more convenient. The Internet of things can also improve people's lifestyle and health, thereby improving people's quality of life. In developing countries, RFID and related technologies can play an important role in reducing poverty and reducing the digital divide. All in all, the Internet of things can be a catalyst for sustained economic growth and technological development.

As a pioneer in the development of the Internet of things, RFID has become the most important technology in the market. Data show that in 2008 the global RFID market scale has risen from $2007 in 4.93 billion to $5.29 billion, it covers all aspects of the RFID market, including labels, reader, other infrastructure, software and services. The RFID and card infrastructure will account for 57.3% of the market, up to $3.03 billion. Applications from the financial and security sectors will drive growth in the RFID card market. Analysys international, 2009, Chinese RFID market scale will reach 5 billion yuan, the compound annual growth rate of 33%, of which more than 3.8 billion yuan, read and write device electronic tag is close to 700 million yuan, software and services to reach 500 million yuan market pattern.

Compared with the developed countries, China's Internet industry started relatively late, but as the country with the largest mobile phone users in the world, the mobile phone penetration rate is far higher than that of penetration of personal computers. To iot business as the forerunner, the popularization of mobile information application, thus bring animals networking industry development, has become China's new direction of the development of the national economy and social informatization and distinctive features.