The number of Internet of Things (IoT) devices in Japan was expected to grow from around 29.1 million in fiscal year 2023 to 35.9 million in fiscal year 2026. It was then forecast to decline again to 27.1 million by fiscal year 2030, mainly because of a shift from 3G and 4G to 5G in the cellular network market. IoT devices in this case indicated IoT devices for business-to-business (B2B) purposes. A breakdown by communication standard shows that cellular network and cellular low-power, wide-area (LPWA) constituted the largest category of the market in fiscal year 2023.
Number of wireless Internet of Things (IoT) devices in Japan from fiscal year 2020 to 2023 with a forecast until 2030
(in millions)
fiscal year 2020 to 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Supplementary notes
*Prospect.
**Forecast.
The number of IoT devices here refers to IoT devices for business-to-business (B2B), which are devices embedded with communication features such as smart meters, various sensors, surveillance cameras, tablets, various equipment, machinery, drones. The number of devices includes the communication standards Wi-SUN, Wi-Fi HaLow, other 920MHz band low-power, wide-area (LPWA), as well as cellular network and cellular LPWA.
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Yano Research. (May 14, 2024). Number of wireless Internet of Things (IoT) devices in Japan from fiscal year 2020 to 2023 with a forecast until 2030 (in millions) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/1472482/japan-number-of-wireless-iot-devices/
Yano Research. "Number of wireless Internet of Things (IoT) devices in Japan from fiscal year 2020 to 2023 with a forecast until 2030 (in millions)." Chart. May 14, 2024. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/1472482/japan-number-of-wireless-iot-devices/
Yano Research. (2024). Number of wireless Internet of Things (IoT) devices in Japan from fiscal year 2020 to 2023 with a forecast until 2030 (in millions). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/1472482/japan-number-of-wireless-iot-devices/
Yano Research. "Number of Wireless Internet of Things (Iot) Devices in Japan from Fiscal Year 2020 to 2023 with a Forecast until 2030 (in Millions)." Statista, Statista Inc., 14 May 2024, https://www.statista.com/statistics/1472482/japan-number-of-wireless-iot-devices/
Yano Research, Number of wireless Internet of Things (IoT) devices in Japan from fiscal year 2020 to 2023 with a forecast until 2030 (in millions) Statista, https://www.statista.com/statistics/1472482/japan-number-of-wireless-iot-devices/ (last visited October 12, 2024)
Number of wireless Internet of Things (IoT) devices in Japan from fiscal year 2020 to 2023 with a forecast until 2030 (in millions) [Graph], Yano Research, May 14, 2024. [Online]. Available: https://www.statista.com/statistics/1472482/japan-number-of-wireless-iot-devices/