Distribution and retail IoT market size in Japan 2018-2024

In 2018, the internet of things (IoT) applied distribution, retail and service technology market was estimated at approximately 250 billion Japanese yen, after entering the full-scale introduction stage in all industrial fields in 2017. The market was forecasted to grow steadily until 2024, reaching a market size of around 490 billion yen.

Value of the internet of things (IoT) applied distribution, retail and service technology market in Japan from 2018 to 2024

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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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