In 2018, the Internet of Things (IoT) transportation and automobile technology market in Japan was estimated to amount to approximately 190 billion Japanese yen. Driven by the strong growth of the connected car market, the market was forecast to grow further until 2024, reaching a market size of around 960 billion yen.
Value of the Internet of Things (IoT) transportation and automobile technology market in Japan in 2018 with a forecast until 2024
(in billion Japanese yen)
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Market size in billion Japanese yen
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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) transportation and automobile technology market in Japan in 2018 with a forecast until 2024 (in billion Japanese yen) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1026120/japan-transportation-automobile-internet-of-things-market-size/
Nomura Research Institute. "Value of the Internet of Things (IoT) transportation and automobile technology market in Japan in 2018 with a forecast until 2024 (in billion Japanese yen)." Chart. December 6, 2018. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1026120/japan-transportation-automobile-internet-of-things-market-size/
Nomura Research Institute. (2018). Value of the Internet of Things (IoT) transportation and automobile technology market in Japan in 2018 with a forecast until 2024 (in billion Japanese yen). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1026120/japan-transportation-automobile-internet-of-things-market-size/
Nomura Research Institute. "Value of The Internet of Things (Iot) Transportation and Automobile Technology Market in Japan in 2018 with a Forecast until 2024 (in Billion Japanese Yen)." Statista, Statista Inc., 6 Dec 2018, https://www.statista.com/statistics/1026120/japan-transportation-automobile-internet-of-things-market-size/
Nomura Research Institute, Value of the Internet of Things (IoT) transportation and automobile technology market in Japan in 2018 with a forecast until 2024 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1026120/japan-transportation-automobile-internet-of-things-market-size/ (last visited August 25, 2024)
Value of the Internet of Things (IoT) transportation and automobile technology market in Japan in 2018 with a forecast until 2024 (in billion Japanese yen) [Graph], Nomura Research Institute, December 6, 2018. [Online]. Available: https://www.statista.com/statistics/1026120/japan-transportation-automobile-internet-of-things-market-size/