Industrial and construction IoT market size in Japan 2018-2024

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

Market size in trillion Japanese yen
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Source

Release date

December 2018

Region

Japan

Survey time period

2018

Supplementary notes

*Forecast.

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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