In 2018, the Internet of Things (IoT) industrial machinery and construction equipment market in Japan was estimated at approximately 900 billion Japanese yen. The market was forecast to grow steadily to a size of over 1.3 trillion yen by 2024.
Value of the Internet of Things (IoT) industrial machinery and construction equipment 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) industrial machinery and construction equipment market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1026097/japan-industrial-internet-of-things-market-size/
Nomura Research Institute. "Value of the Internet of Things (IoT) industrial machinery and construction equipment market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen)." Chart. December 6, 2018. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1026097/japan-industrial-internet-of-things-market-size/
Nomura Research Institute. (2018). Value of the Internet of Things (IoT) industrial machinery and construction equipment market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1026097/japan-industrial-internet-of-things-market-size/
Nomura Research Institute. "Value of The Internet of Things (Iot) Industrial Machinery and Construction Equipment 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/1026097/japan-industrial-internet-of-things-market-size/
Nomura Research Institute, Value of the Internet of Things (IoT) industrial machinery and construction equipment market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1026097/japan-industrial-internet-of-things-market-size/ (last visited December 21, 2024)
Value of the Internet of Things (IoT) industrial machinery and construction equipment 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/1026097/japan-industrial-internet-of-things-market-size/
