Japan NB-IoT market is estimated to grow at a CAGR of around 34.6% during the forecast period. The Japan NB-IoT industry is mainly driven by the rising demand for cloud-based services in various sectors of the country coupled with the increasing penetration of the internet. As per the World Bank, in Japan, there will be 119 million internet users (94.0% of the population) by 2022, up from 116 million (91.0% of the population) in 2017. There will be around 95 million fixed internet users (excluding mobile-only) by 2022, up from 92 million in 2017. Moreover, the growing internet traffic by the increasing number of smartphones further encourages the adoption of IoT solutions in the country. Additionally, the rising investment by the global IT giants in Japan has been a significant opportunity for the growth of the market. For instance, in August 2014, Google announced a partnership with five Asian ICT companies to construct a new fiber optic cable system connecting the US with two Japanese cities, Chikura and Shima. 

The Japan market for NB-IoT is segregated on the basis of deployment type and industry. Based on the deployment type, the market is further classified into guard band, in-band, and standalone. The guard band segment is projected to have considerable growth in the Japan market owing to the significant deployment of guard band networks in the enterprises. Based on the Industry, the Japan NB-IoT market is further segmented into logistics & transportation, energy & utilities, agriculture, industrial manufacturing, healthcare, and others. The industrial segment estimated to have a considerable growth in the market owing to the growing adoption of automation and IoT solutions in the manufacturing industry. 

The companies which are contributing to the growth of the Japan NB-IoT market include AT&T, Inc., Intel Corp., Huawei Technologies Co., Ltd., Qualcomm Technologies, Inc., SK Telecom Co., Ltd., Verizon Communications Inc., Telefonaktiebolaget LM Ericsson, Vodafone Group Plc, and others. product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market. 

Research Methodology

The market study of the Japan NB-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 deployment catalog.

The report is intended for NB-IoT providers, end-user companies for overall market analysis, and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation

1. Japan NB-IoT Market Research and Analysis by Deployment Type
2. Japan NB-IoT Market Research and Analysis by Industry

The Report Covers

• Comprehensive research methodology of the Japan NB-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 the Japan NB-IoT market.
• Insights about market determinants which are stimulating the Japan NB-IoT market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.