IoT market value hit a trillion dollars
- Through efforts made by public & private sector, Taiwan’s IoT market value hit a trillion in 2018, and reached NT$2.02 trillion in 2023.
- Market value increased to NT$2.02 trillion, and global market share raised from 4.24% in 2018 to 4.88% in 2023 due to remote and epidemic prevention technologies driven by COVID-19.
Picture description: IoT output value and global market share
Attracted Innovative Resources from Global Giants
Invested by Google, Microsoft, Amazon Web Service (AWS), Cisco and Qualcomm with innovative resources in Taiwan and accelerated digital transformation of local enterprises.
- Established an IoT innovation center (2016.10)
- Established an AI R&D center（2018.01）
- Established Microsoft IoT Center of Excellence（2020.08）
- Set up regional Azure Data Center and expanded Cloud R&D teams （2020.10）
- Promoted the "Startup Terrace Kaohsiung Cloud Platform - Microsoft Startup Accelerator" (2022.04)
- Promoted the 'Rising Sun Project' to provide online resources such as artificial intelligence, cloud computing, big data, and cybersecurity to help cultivate digital talent (2022.06)
- Promoted the 'Digital Skills Excellence Program' and expanded the provision of online course resources and certification opportunities (2023.02)
- In partnership with Taiwanese manufacturers, established the '5G Visionary Team' to assist the industry in accelerating transformation (2023.05)
- Collaborated with the Ministry of Digital Development to promote the 'AI in Action' initiative and enhanced industrial intelligence and digital resilience (2023.09)
- Established the 'Smart Zero Carbon Platform iCX (Intelligent Carbon Exchange)', to assist small and medium enterprises in creating a standardized ESG digital sharing platform (2023.12)
- Initiated “Intelligent Taiwan Project” and cultivated up to 100 thousand AI, digital marketing talents （2018.03）
- Invested NT$26 billion to expand the scale of data centers in Taiwan （2019.10）
- Initiated “Intelligent Taiwan Project 2020” and cultivated up to 100 thousand AI, digital marketing talents （2020.09）
- Opened a new office in Banqiao, New Taipei City, serving as the largest R&D base in Asia-Pacific region (2021.01)
- In collaboration with Acer AI Cloud Inc., promoted the 'Asia Bay International Cloud Services' project at Startup Terrace Kaohsiung to help nurture Taiwanese startups (2022.05)
- Launched the 2022 Google Project Hatcher, providing mentorship and cloud resources to assist startup teams (2022.07)
- In collaboration with four top universities in Taiwan, promoted the Semiconductor Research Program to help accelerate Taiwan's progress in semiconductor technology research (2023.05)
- Established an IoT laboratory (2019.3)
- Established an AWS innovation center at Startup Terrace in Linkou (2019.06)
- Established the Kaohsiung AWS Cloud Joint Innovation Center (2022.03)
- Launched the AWS Local Zone in Taipei to meet the demands for ultra-low latency applications, marking the first international deployment outside the United States (2022.06)
- Established Taiwan's first 'Cross-Border E-commerce Experience Center' in Taichung, offering a one-stop solution for enterprises at various stages of entering the cross-border e-commerce sector to address their challenges (2023.03)
- Established a smart innovation application demo center in Qingpu, Taoyuan (2019.11)
- Co-created Taiwan’s first 5G open network testing platform with local enterprises（2020.08）
- The Cisco DevNet Cybersecurity Talent Development Center, situated in the Startup Terrace Linkou, is the first innovative Cisco DevNet platform in the Asia-Pacific region (2021.03)
- Launched Taiwan Digital Acceleration 2.0 to assist Taiwan in enhancing its software and hardware capabilities in the fields of cybersecurity and resilience (2023.03)
- Established the innovation center in the Asia New Bay Area 5G AIoT Innovation Park in Kaohsiung (2022.09)
- Signed a memorandum of understanding with the Kaohsiung Exhibition Center to speed up the pace of 5G commercial applications (2022.09)
- Established the IBM Software Technology Integrated Service Center at the Kaohsiung Asia New Bay Area, responsible for information system maintenance, business process outsourcing services, and cybersecurity operations center(2023.11)
Promoted the establishment of an IoT industry alliance
The Asian Silicon Valley-Major League IoT promoted interdisciplinary exchanges between domestic and overseas enterprises, unions, associations, legal entities, schools and startups related to the IoT, and currently has close to 400 members. There are 9 SIGs, in the domains of smart traffic, logistics, manufacturing, energy efficiency and environmental monitoring, business, family, agriculture, medical care and IoT information security, actively facilitating exchanges between the industry, government and academia and therefore, expand their business.
Developing Smart City Applications
- Encouraged enterprises to foster IoT technologies to develop 281 smart solutions in the field of transpiration, healthcare, agriculture, governance, education, tourism and retail etc.
- Encouraged enterprises to develop 23 cases with 5G O-RAN in the field of next generation communications, healthcare, manufacturing etc.
Strengthening IoT Security
Accomplished 6 IoT security guidelines (incl. smart transportation, agriculture, commerce etc., ) for enterprises’ reference and assisted in introducing the guidelines into products/services. Also, a Taiwanese corporate had obtained the first IoT security rating from UL, an international security institute, which is beneficial to enter European and American markets.
Facilitating development of autonomous vehicles
- Approved 19 public transport experiments locating in Changbin Industrial Park, Changhua; Qingpu, Taoyuan; Love River in Kaohsiung etc.
- Established Taiwan’s first“Operational Central Control Platform for Autonomous Vehicles” to track driving conditions and operated in Xinyi Road, Taipei; Shuinan, Taichung; Shalun, Tainan in the field.
