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. 

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.

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.

Research Methodology

The market study of the Japan IoT market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for existing companies and new entrants into the market, potential investors and venture capitalists, government organizations, and various end-user industries for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the company and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions. 

Market Segmentation:

1. Japan IoT Market Research and Analysis by Infrastructure
2. Japan IoT Market Research and Analysis by Vertical
3. Japan IoT  Market Research and Analysis by Application

The Report Covers:

• Comprehensive research methodology of Japan IoT market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting Japan IoT market.
• Insights about market determinants which are stimulating Japan IoT market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.