In 2018, the Internet of Things (IoT) consumer and home electronics market in Japan was estimated at almost 1.8 trillion Japanese yen. Driven by the increased use of smart devices, such as smart speakers, the market was forecast to almost double in size by 2024 to approximately 3.44 trillion yen.
Value of the Internet of Things (IoT) consumer and home electronics market in Japan in 2018 with a forecast until 2024
(in trillion Japanese yen)
Internet of Things refers to information and communication technologies and services that confer data transmission functions onto various things, and enable automatic recognition and control, remote measurements, etc., via internet connections or two-way communications.
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.
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Nomura Research Institute. (December 6, 2018). Value of the Internet of Things (IoT) consumer and home electronics market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1026021/japan-consumer-internet-of-things-market-size-home/
Nomura Research Institute. "Value of the Internet of Things (IoT) consumer and home electronics market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen)." Chart. December 6, 2018. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1026021/japan-consumer-internet-of-things-market-size-home/
Nomura Research Institute. (2018). Value of the Internet of Things (IoT) consumer and home electronics market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1026021/japan-consumer-internet-of-things-market-size-home/
Nomura Research Institute. "Value of The Internet of Things (Iot) Consumer and Home Electronics Market in Japan in 2018 with a Forecast until 2024 (in Trillion Japanese Yen)." Statista, Statista Inc., 6 Dec 2018, https://www.statista.com/statistics/1026021/japan-consumer-internet-of-things-market-size-home/
Nomura Research Institute, Value of the Internet of Things (IoT) consumer and home electronics market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1026021/japan-consumer-internet-of-things-market-size-home/ (last visited December 23, 2024)
Value of the Internet of Things (IoT) consumer and home electronics market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen) [Graph], Nomura Research Institute, December 6, 2018. [Online]. Available: https://www.statista.com/statistics/1026021/japan-consumer-internet-of-things-market-size-home/
