Internet of things different from one device to the next but there are basic characteristics shared by most. IoT creates opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions. The number of IoT devices increased 31% year-over-year to 8.4 billion in the year 2017 and it is estimated that there will be 30 billion devices by 2020. The global market value of IoT is projected to reach $7.1 trillion by 2020. Ambient intelligence and autonomous control are not part of the original concept of the Internet of things. Ambient intelligence
Smart grid in China Corporation of China (SGCC), announced plans to invest $250 billion in electric power infrastructure upgrades over the next five years, of which $45 billion is earmarked for smart grid technologies. Another $240 billion between 2016 and 2020 will be added to complete the smart grid project. . • Set technical and management standards • Develop technology and equipment • Set development plans and initiate pilot projects • Specifically, in 2010, China plans to start construction on the "Two Vertical, Two Horizontal" plan and reach interregional transmission capability of 12.9 GW by the end of the year. • Construct UHV grid