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2021 22021.8 iResearch I IoT IoT PaaS 2020 58 28 26.9%2025 62%2020 74 2025 150 SMS 31 2 3 442021.8 iResearch I IaaS PaaS SaaS PaaS IoT/52021.8 iResearch I PaaS 2020 2256 68%62021.8 iResearch I PaaS PaaS IoT IoT 1 2 3 4 AI CMP DMP API AEP BAP API APP/72021.8 iResearch I CMP DMP+&+2015 20X082021.8 iResearch I 2015 2017-2019 SaaS 2018-2020 2017-2019 2018-2020 2018-2020 2021 2021-2023 2020 2 2019 2020 2021-2023 2015 2016 2016 2025 201720182019202020212015-2021 92021.8 iResearch I 2021.8 iResearch I 2015-2018 2019+2021 IDG IT IT 2015-2020 2021 9.15 2021 26 2021 2019 D 7.5 2018 C 2019/RT-ThreadB GGV 2017AbleCloud/B 2017 B 2016 ETCP B 15.5 2016-2021 392 314 379 745 976 621 341386 3783352442792015 2016 2017 2018 2019 2020 102021.8 iResearch I/01 C 02 IoT OneNET 03 04 111 2 3 4122021.8 iResearch I PaaS PaaS SaaS ToB ToC 2B2C&PaaS OTA ToC2B2CaPaaS 小B B&G 大B 132021.8 iResearch I 2020 74 2025 150 SIM GSMA 9163155748810612514315677.8%95.0%75.0%34.8%19.4%21.2%17.3%14.6%9.0%2016 2017 2018 2019 2020 2021e 2022e 2023e 2024e 2025e%2016-2025 142021.8 iResearch I&152021.8 iResearch I 2021.8 iResearch I 2025 2020 58 20.4%2020 28 26.9%2020 2025 48%62%1 PC 2 1 2 2020&2025 2020&2025 CAGR=20.4%CAGR=26.9%58 147 2020 2025e28 91 2020 2025e162021.8 iResearch I 2021.8 iResearch I11 26 2020 2025e+2020 11 18.4%2.3 32.1%2020 5/12/2020&2025 2020&2025 CAGR=18.4%CAGR=32.1%2.3 9.2 2020 2025e 1 PC 2 1 2 172021.8 iResearch I 2021.8 iResearch I 2021 7 14.67%13.1%2025 670 20.9%18%93%1 2 2020 2020&2025 CAGR=20.9%261 673 2020 2025e2019 18%93%82%7%182021.8 iResearch I 2020 158 17.8%IOC/5 9%1 2 2020&2025 CAGR=17.8%158 359 2020 2025e191 2 3 4202021.8 iResearch I 1 2 3 2021+212021.8 iResearch I&2B 2B2C B C/SaaS to B to B to C 2021&222021.8 iResearch I 321 IaaS C/(CMP)45/1/2 232021.8 iResearch I IaaS B API/SDK SaaS SaaS242021.8 iResearch I 2020 2019 1+4+N”IoT 1”2021 6 IoT SaaS 2020 11 7000 2500:PaaS:SaaS aPaaS API SDK PaaS SaaS+6 40+IoT AI PaaS AI 252021.8 iResearch I OneNET-OneLink OneNET 5.0 AI 8 PaaS 2020 11 OneLink 19 API 7 OneNET 1.7 17 7 API 3 OneNET OneLink OneNET-/LwM2M EDP MQTT TCP MQTT ModBus OPC UA NB-IoT2G/3G/4G/5G WI-FI/ZigBee/433MHz NB-IoT MQTT DMP OTA Video SaaS-OneNET 262021.8 iResearch I 2014 2021 3 NYSE TUYA IoT OEM PaaS 2020 1.17 94%2020 2.04+IoT 26+AI 1.2+840+220+1100+10+IoT PaaS SaaS IoT OEM+APP/SaaS/AI IoT OTA AI API SDK IoT OEMs IoTPaaS APP+271 2 3 4282021.8 iResearch I 1 2 2-+IT 292021.8 iResearch I IoT IaaS PaaS IoT IoT+IoT IoT I o T IoT-IoT-IoT-302021.8 iResearch I 2C/2B.+e.g.,e.g.,+&or 存而不用缺乏管理 3D/APP/&+312021.8 iResearch I PaaS IoT PaaS IT IoT+AWS+AWS+AWS+32 IPO 33 2002 3000 400-026-Contact Us 34
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