Japan IoT market is expected to witness a significant growth with the CAGR of approximately 22.5% during the forecast period. Japan is one of the top markets for ICT and IoT. As per The Asia Cloud Computing Association (ACCA), Japan is estimated to be the top cloud market for the third consecutive year in their Cloud Readiness Index and ranked as the best country for SME cloud investment. Rising adoption of cloud services by several enterprises in Japan has been estimated to be one of the major factors that drive the market growth.
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Japan’s government has committed to ensuring all households have “very high speed” fiber broadband connections, bringing the potential benefits of internet services to every household in the country. Internet penetration in Japan has been one of the major factors in the global IoT market.
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Japan IoT market is segmented on the basis of infrastructure, vertical, and application. Based on the infrastructure, the market is segmented into platform, mobile networks and access technologies, cloud solutions/storage and processing, analytics, and security. Based on the vertical, the market is segmented into healthcare, energy, public & services, transportation, retail, individuals, and others (manufacturing). Healthcare segment includes health, pharmaceuticals segment, and biotechnology. Public & Services includes government, BFSI, others (hospitality and entertainment).transportation segment include aerospace, automotive, rails and systems, and marine. Further, based on the infrastructure, the market is segmented into smart home, smart wearable, smart cities, smart grid, IoT industrial internet, IoT connected cars, IoT connected healthcare, and others (toys and drones).
Some of the major players operating in the Japan IoT market include Dell EMC, Apple Inc., AT&T Inc., and others. These players adopt various organic and inorganic growth strategies such as merger and acquisition and product launch to strengthen their presence in Japan market.
Market Segmentation
Japan IoT Market by Infrastructure
- Platform
- Mobile Networks And Access Technologies
- Cloud Solutions/Storage And Processing
- Analytics
- Security
Japan IoT Market by Vertical
- Healthcare
- Health
- Pharmaceuticals Segment
- Biotechnology
- Energy
- Public & Services
- Government
- BFSI
- Others (Hospitality And Entertainment)
- Transportation
- Aerospace
- Automotive
- Rails And Systems
- Marine
- Retail
- Individuals
- Others (Manufacturing)
Japan IoT Market By Application
- Smart Home
- Smart Wearables
- Smart Cities
- Smart Grid
- IoT Industrial Internet
- IoT Connected Cars
- IoT Connected Healthcare
- Others(Toys And Drones)
Company Profiles
- Dell EMC
- Apple Inc.
- Amazon Web Services
- AT&T Inc.
- Blackberry
- Cisco systems Inc.
- HCL Technologies
- Ericsson
- Samsung Inc.
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