The smart city platform market in Japan was valued at approximately 785 billion Japanese yen in fiscal year 2020. It encompassed software services and related sensors necessary for an Internet of Things (IoT) supported municipality. The market was expected to reach a size of more than 1.44 trillion yen by fiscal year 2027.
Value of the smart city platform market in Japan in fiscal year 2020 with a forecast until 2027
(in billion Japanese yen)
fiscal year 2020; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
domestic market
Supplementary notes
*Forecast.
The smart city market includes the total sum of software services that use cloud computing, etc., in order to provide shared functions (person authentication, etc.) across buildings as well as infrastructure management optimizations (guarding, maintenance, cleaning, etc.), and the necessary sensors (cameras, etc.).
100 Japanese yen equal 0.76 U.S. dollars or 0.71 euros as of January 2023.
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Nomura Research Institute. (December 17, 2021). Value of the smart city platform market in Japan in fiscal year 2020 with a forecast until 2027 (in billion Japanese yen) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1026291/japan-smart-city-platform-market-size/
Nomura Research Institute. "Value of the smart city platform market in Japan in fiscal year 2020 with a forecast until 2027 (in billion Japanese yen)." Chart. December 17, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1026291/japan-smart-city-platform-market-size/
Nomura Research Institute. (2021). Value of the smart city platform market in Japan in fiscal year 2020 with a forecast until 2027 (in billion Japanese yen). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1026291/japan-smart-city-platform-market-size/
Nomura Research Institute. "Value of The Smart City Platform Market in Japan in Fiscal Year 2020 with a Forecast until 2027 (in Billion Japanese Yen)." Statista, Statista Inc., 17 Dec 2021, https://www.statista.com/statistics/1026291/japan-smart-city-platform-market-size/
Nomura Research Institute, Value of the smart city platform market in Japan in fiscal year 2020 with a forecast until 2027 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1026291/japan-smart-city-platform-market-size/ (last visited December 22, 2024)
Value of the smart city platform market in Japan in fiscal year 2020 with a forecast until 2027 (in billion Japanese yen) [Graph], Nomura Research Institute, December 17, 2021. [Online]. Available: https://www.statista.com/statistics/1026291/japan-smart-city-platform-market-size/
