The Development of Internet of Things Economy under the Experience of Internet Economy: A Case Study of Jiangxi Province

Abstract

The Internet of Things economy is a new stage of digital economy development after computers, the Internet and mobile communication, which is of great significance for the development of regional economy. By comparing and analyzing the characteristics of the development of the Internet economy, it is believed that the economic problems solved by the Internet of Things economy are becoming more complex, with severe market segmentation and the need to bear expensive terminal equipment costs, which hinder its development. The Internet of Things economy in Jiangxi Province has made tremendous achievements in institutional construction, electronic information industry, infrastructure construction, and Internet of Things application. However, considering the fierce competition in the Internet of Things economy, the development law of the "winner take all" preemptive game, and the problems inherent in the development of the Internet of Things economy in Jiangxi Province, more efforts need to be made in the development of the Internet of Things economy in Jiangxi Province. Jiangxi Province can promote the development of the Internet of Things economy by strengthening the application of the Internet of Things, encouraging enterprises to design more terminal device pricing mechanisms, and moderately concentrating resources on top enterprises.