The development of power grid will affect the change of power industry form

and the appearance of Distribution Internet of Things（D-IoT） will also cause the change of power distribution industry. We analyzed the development trend and demand situation of distribution field under the current conditions

and defined the broad and narrow connotation of new industry in the distribution field and its basic industrial characteristics after the emergence of ubiquitous Power Internet of Things. Moreover

we analyzed the roles of D-IoT in promoting new industries in terms of standardization

data and software

and revealed the specific effects of the new industry in the aspects of hub-type

platform-type and sharing-type after the emergence of D-IoT. Finally

we provided an outlook of the sustainable development of new industry under D-IoT.