The value of the domestic machine-to-machine (M2M) market in Japan was estimated at 241 billion Japanese yen in fiscal year 2022. The M2M market was forecast to grow steadily in the coming years and to reach a size of 365 billion yen by fiscal year 2026. Among other things, the forecast was based on the assumption that the emergence of 5G-capable communication modules by the mid-2020s would increase demand in areas such as image and connected car solutions.
Value of the domestic machine-to-machine (M2M) market in Japan from fiscal year 2018 to 2022 with a forecast until 2026
(in billion Japanese yen)
fiscal year 2018 to 2022; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
figures are based on sales at businesses
Supplementary notes
*Projection.
**Forecast.
The M2M market includes network (network appliances, communication modules, sensors/devices), platform (cloud), and systems (application, middleware, etc.) that enable M2M. Research objects IT vendors, system integrators, platform vendors, IT start-ups, etc.
100 Japanese yen equal 0.67 U.S. dollars or 0.62 euros as of December 2023.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Yano Research. (August 10, 2023). Value of the domestic machine-to-machine (M2M) market in Japan from fiscal year 2018 to 2022 with a forecast until 2026 (in billion Japanese yen) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/707195/japan-m2m-market-size/
Yano Research. "Value of the domestic machine-to-machine (M2M) market in Japan from fiscal year 2018 to 2022 with a forecast until 2026 (in billion Japanese yen)." Chart. August 10, 2023. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/707195/japan-m2m-market-size/
Yano Research. (2023). Value of the domestic machine-to-machine (M2M) market in Japan from fiscal year 2018 to 2022 with a forecast until 2026 (in billion Japanese yen). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/707195/japan-m2m-market-size/
Yano Research. "Value of The Domestic Machine-to-machine (M2m) Market in Japan from Fiscal Year 2018 to 2022 with a Forecast until 2026 (in Billion Japanese Yen)." Statista, Statista Inc., 10 Aug 2023, https://www.statista.com/statistics/707195/japan-m2m-market-size/
Yano Research, Value of the domestic machine-to-machine (M2M) market in Japan from fiscal year 2018 to 2022 with a forecast until 2026 (in billion Japanese yen) Statista, https://www.statista.com/statistics/707195/japan-m2m-market-size/ (last visited November 25, 2024)
Value of the domestic machine-to-machine (M2M) market in Japan from fiscal year 2018 to 2022 with a forecast until 2026 (in billion Japanese yen) [Graph], Yano Research, August 10, 2023. [Online]. Available: https://www.statista.com/statistics/707195/japan-m2m-market-size/
