Internet of things (IoT) applications constitute a growing market within the information and communications industry in Japan, valued at approximately 770 billion Japanese yen in 2018. The market forecast expected a further growth to around 1.83 trillion yen by 2024.
Value of the Internet of Things (IoT) application 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) application market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1026279/japan-application-internet-of-things-market-size/
Nomura Research Institute. "Value of the Internet of Things (IoT) application market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen)." Chart. December 6, 2018. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1026279/japan-application-internet-of-things-market-size/
Nomura Research Institute. (2018). Value of the Internet of Things (IoT) application market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1026279/japan-application-internet-of-things-market-size/
Nomura Research Institute. "Value of The Internet of Things (Iot) Application 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/1026279/japan-application-internet-of-things-market-size/
Nomura Research Institute, Value of the Internet of Things (IoT) application market in Japan in 2018 with a forecast until 2024 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1026279/japan-application-internet-of-things-market-size/ (last visited November 21, 2024)
Value of the Internet of Things (IoT) application 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/1026279/japan-application-internet-of-things-market-size/