Japan IoT Market Research Report
Japan IoT Market
The Japan IoT market is expanding
at a sustainable rate during the forecast period from 2020 till 2027. One of
the most significant factors that is responsible for the growth of the Japan
IoT market is the accelerating adoption of cutting-edge technologies, which
includes the internet of things across numerous industries such as the telecom
industry, transportation management, digital signage, and data backup.
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Internet of Things refers to the
network of systems, platforms, physical objects, and applications, which
consist of embedded technology for communicating and sharing intelligence with
each other, the external environment, and with individuals. The internet of
things relies on an entire host of technologies, including the application
programming interfaces (API) which connect the devices to the internet, and
various other major technologies of the internet of things such as predictive
analytics, machine learning & artificial intelligence, Big Data management
tools, and cloud and radio-frequency identification (RFID).
The significant factors which are
surging the growth of Japan
internet of things market size include the increasing government efforts
and initiatives for the adoption of IoT, accelerating adoption of the
cutting-edge technologies including internet of things across several sectors,
such as the telecom industry, transportation management, digital signage, and
data backup, among others. Moreover, the growing usage of the internet of
things in the healthcare sector due to the increasing rate of aging and
shrinking population in Japan is further surging market growth. For example,
the incidences of diabetes are drastically increasing in the country, which has
led to the creation of an approach for the management of Type 2 diabetes,
including psychology with the internet of things devices. The government is
largely emphasizing on using high-quality health data and the latest technology
for improving the lives of the citizens. Furthermore, the growing number of
investments in the research and development activities, followed by the strong
demand for collaborative robots and increasing economic growth of the country,
are certain other factors that are contributing to the market growth.
The Ministry of Internal Affairs
and Communications introduced an ICT strategy known as u-Japan policy, with an
objective to increase the usage of ICT and upgrade the enabling environment.
Through this initiative, the government is planning to bring up a
value-creation oriented society in which ICT penetrates the lives of people and
encourage the usage of ICT. All these factors are further increasing the growth
of the market over the coming years. The major factors that are hampering the
growth of Japan internet of things include the growing concerns related to the
hacking of data from the solutions and concerns for security.
Leading Japan IoT Market
companies:
·
Amazon Web Services, Inc.
·
Fujitsu Ltd.
·
Hitachi
·
IBM Japan
·
Microsoft Corporation
·
NTT Docomo Inc.
·
SoftBank Group Corp.
·
Intel Corporation
·
NTT Data Corporation
·
Siemens AG
Market Segmentation:
Japan IoT Market Report Segment
by Component:
·
Software Solution
o
Data Management
§
Product Data
§
Location Data
§
Customer Data
§
Supplier Data
§
Asset Data
o
Real Time Streaming Analytics
o
Remote Monitoring
o
Security Solution
§
Data Encryption and Tokenization
§
Distributed Denial of Service Protection
§
Identity Access Management
§
Secure Communications
§
Others
o
Network Bandwidth Management
§
Bundled Network Management
§
Standalone Network Management
·
Services
o
Professional Service
§
Support and Maintenance
§
Deployment and Integration
§
Consulting
o
Managed Service
·
Platform
o
Device Management
o
Cloud Platform
o
Network Management
o
Application Management
Japan IoT Market Report Segment by Node Component:
·
Sensor
o
Inertial Measurement Unit
o
Accelerometer
o
Pressure Sensor
o
Image Sensor
o
Others
·
Processor
o
Microprocessor
o
Microcontroller
o
Application Processor
o
Digital Signal Processor
·
Connectivity IC
o
Wireless
o
Wired
o
Logic Device
o
Memory Device
Japan IoT Market Report Segment by Application:
·
Smart Manufacturing
·
Building & Automation
·
Connected Logistics
·
Smart Energy & Utilities
·
Agriculture
·
Smart Mobility & Transportation
·
Government and Defense
·
Smart Retail
·
Connected Healthcare
·
Others
Japan IoT Market Report Segment by Network Infrastructure:
·
Storage
·
Server
·
Ethernet Switch & Routing
·
Gateway
Japan IoT Market Report Segment by Connectivity Technology:
·
Bluetooth Low Energy (BLE)
·
Wi-fi
·
Near Field Communication
·
Cellular
·
Satellite
·
Others
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