The size of the Internet of Things (IoT) cloud and platform market in Japan was estimated at approximately 1.65 trillion Japanese in 2018. It was expected to almost double in size by 2024, reaching more than three trillion yen by that year.
Value of the Internet of Things (IoT) cloud and platform market in Japan in 2018 with a forecast until 2024
(in trillion Japanese yen)
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Value of the Internet of Things (IoT) cloud and platform market in Japan in 2018 with a forecast until 2024
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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) cloud and platform market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen) [Graph]. In Statista. Retrieved April 12, 2025, from https://www.statista.com/statistics/1026259/japan-cloud-platform-internet-of-things-market-size/
Nomura Research Institute. "Value of the Internet of Things (IoT) cloud and platform market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen)." Chart. December 6, 2018. Statista. Accessed April 12, 2025. https://www.statista.com/statistics/1026259/japan-cloud-platform-internet-of-things-market-size/
Nomura Research Institute. (2018). Value of the Internet of Things (IoT) cloud and platform market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: April 12, 2025. https://www.statista.com/statistics/1026259/japan-cloud-platform-internet-of-things-market-size/
Nomura Research Institute. "Value of The Internet of Things (Iot) Cloud and Platform 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/1026259/japan-cloud-platform-internet-of-things-market-size/
Nomura Research Institute, Value of the Internet of Things (IoT) cloud and platform market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1026259/japan-cloud-platform-internet-of-things-market-size/ (last visited April 12, 2025)
Value of the Internet of Things (IoT) cloud and platform 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/1026259/japan-cloud-platform-internet-of-things-market-size/
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