IoT cloud and platform market size in Japan 2018-2024

Internet of things (IoT) cloud and platform services represent a growing market within the information and communications industry in Japan, estimated at approximately 1.65 trillion Japanese in 2018. A look at the forecasted market size reveals that it was expected to grow continuously, almost doubling in size by 2024, with around 3.06 trillion yen.

Value of the internet of things (IoT) cloud and platform 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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