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Smart city platform market size in Japan FY 2019-2026

Published by Statista Research Department, Jan 15, 2021
The smart city platform market in Japan was valued at approximately 782 billion Japanese yen in fiscal year 2019. It encompassed software services and related sensors necessary for an internet of things (IoT) supported municipality. The market was expected to reach a size of more than 1.3 trillion yen by fiscal year 2026.

Value of the smart city platform market in Japan in fiscal year 2019 with a forecast until 2026 (in billion Japanese yen)

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Source

Release date

December 2020

Region

Japan

Survey time period

fiscal year 2019; the Japanese fiscal year starts April 1 of the stated year and ends March 31 of the following year

Supplementary notes

*Forecast.

The smart city market includes the total sum of software services that use cloud computing etc. in order to provide shared functions (person authentication etc.) across buildings as well as infrastructure management optimizations (guarding, maintenance, cleaning etc.), and the necessary sensors (cameras etc.).

1 Japanese yen equals 0.0097 U.S. dollars or 0.0079 euros as of January 2021.

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