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Market Research Report

Japan Internet of Things Forecast by Technology, 2019-2023

Published by IDC Product code 360836
Published Content info 35 Pages
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Japan Internet of Things Forecast by Technology, 2019-2023
Published: April 26, 2019 Content info: 35 Pages
Description

This IDC study presents user spending forecasts in the Japan IoT by industry segment and use case. The degree of attention gained by Internet of Things (IoT) in Japan is growing. This increasing attention is triggered among others, by the growing concern about diminishing working population and improved business sentiment in anticipation of the 2020 Tokyo Olympic Games. Technological advances, namely the growing sophistication in artificial intelligence (AI) platforms and analytics tools that require IoT, also lead to the growth in the IoT market. Furthermore, fusing together data, knowledge, and know-how, which until now are utilized separately in each industry segment by vendors and IoT user companies, across industries as a data ecosystem also contributes greatly to the IoT market expansion."Reinforcing data ecosystem together with advanced businesses is vital in order for vendors to increase their earning power through cocreation with businesses, and this can be achieved through consulting in selecting the optimal data platforms and clearly defining the monetization model. Vendors are also required to provide advice that will strengthen corporate human talent development and reinforce the coordination between organizations within businesses in their efforts to gradually expand the business group that may engage in data monetization in the future," says Yuta Torisu, senior communications market analyst, IDC Japan.

Table of Contents
Product Code: JPE44017119

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

  • Japan IoT Market Trend and Spending Trend by Industry in the Global IoT Market
  • Japan IoT Market Forecast
  • Japan IoT Market Forecast for Discrete and Process Manufacturing
  • Japan IoT Market Forecast for Construction
  • Japan IoT Market Forecast for Resource Industries
  • Japan IoT Market Forecast for Transportation
  • Japan IoT Market Forecast for Retail
  • Japan IoT Market Forecast for Government Agencies
  • Japan IoT Market Forecast for Healthcare
  • Japan IoT Market Forecast for Utility
  • Japan IoT Market Forecast for Telecom
  • Japan IoT Market Forecast for Banking
  • Japan IoT Market Forecast for Insurance
  • Japan IoT Market Forecast for Consumer

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Growth in Multipurpose IoT Applications That Fit Various Industries
      • Changes in Administrative Policies and Regulations That Influence IoT Business
    • Inhibitors
      • Dramatic Shortage of Highly Skilled Personnel to Take Charge of IoT Projects
      • Diversifying IT Security Threats Related to IoT
  • Significant Market Developments
    • The Appearance of Industry-Specific IoT Platform
    • IoT Data Analysis Process Automation with Advanced Analytics and AI Platform
    • Gradual Establishment of Framework That Encourages Data Free Distribution
  • Changes from Prior Forecast

Market Definition

Methodology

Related Research

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