In 2018, the internet of things (IoT) applied industrial machinery and construction equipment market was estimated to reach approximately 900 billion Japanese yen. The market was forecasted to grow steadily until 2024, reaching a market size of over 1.3 trillion yen.
Value of the internet of things (IoT) applied industrial machinery and construction equipment market in Japan from 2018 to 2024
(in trillion Japanese yen)
Internet of things refers to information and communication technologies and services able of data transmissions, internet connections, two way communications, automatic recognition and control, remote measurements, etc.
1 Japanese yen equals 0.0092 U.S. dollars or 0.0082 euros as of July 2019.
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Nomura Research Institute. (December 6, 2018). Value of the internet of things (IoT) applied industrial machinery and construction equipment market in Japan from 2018 to 2024 (in trillion Japanese yen) [Graph]. In Statista. Retrieved February 28, 2020, from https://www.statista.com/statistics/1026097/japan-industrial-internet-of-things-market-size/
Nomura Research Institute. "Value of the internet of things (IoT) applied industrial machinery and construction equipment market in Japan from 2018 to 2024 (in trillion Japanese yen)." Chart. December 6, 2018. Statista. Accessed February 28, 2020. https://www.statista.com/statistics/1026097/japan-industrial-internet-of-things-market-size/
Nomura Research Institute. (2018). Value of the internet of things (IoT) applied industrial machinery and construction equipment market in Japan from 2018 to 2024 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: February 28, 2020. https://www.statista.com/statistics/1026097/japan-industrial-internet-of-things-market-size/
Nomura Research Institute. "Value of The Internet of Things (Iot) Applied Industrial Machinery and Construction Equipment Market in Japan from 2018 to 2024 (in Trillion Japanese Yen)." Statista, Statista Inc., 6 Dec 2018, https://www.statista.com/statistics/1026097/japan-industrial-internet-of-things-market-size/
Nomura Research Institute, Value of the internet of things (IoT) applied industrial machinery and construction equipment market in Japan from 2018 to 2024 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1026097/japan-industrial-internet-of-things-market-size/ (last visited February 28, 2020)
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