Internet of Things (IoT) in Japan
Market data, vendors, use cases, case studies
IoT market in Japan 2023
The latest IoT Analytics data indicates that Japan will grow by 18% to $13.7 billion in 2023. The IoT market size grew to $11.6 billion in 2022.
The largest industries in 2023 will be discrete manufacturing ($3,2 billion), followed by hybrid manufacturing ($2.3 billion) and automotive ($1.8 billion).
IoT vendors headquartered in Japan
Our IoT enterprise spending dashboard does not only contain the spending numbers but also a vendor list with their IoT revenue. Here are some numbers directly from the latest update:
Sony generated an IoT revenue of $2 billion in 2022 (The revenue generated by sensors was considered IoT). Another company headquartered in Japan, Renesas, generated $541 million (86% from chipsets and 14% from sensors). KDDI generated $231 million of IoT revenue with its wireless connectivity services.
| Company name | IoT revenue in 2022 (in USD) | Growth 2021-2022 |
|---|---|---|
| Sony | $2B | 13.8% |
| Renesas | $541M | 23.8% |
| KDDI | $231M | 31.5% |
Adoption of key IoT use cases in Japan
We evaluate a number of IoT use cases in our research. Here are some stats from our IoT Use Case Adoption Report 2021:
The most adopted IoT use cases in Japan in 2021 are quality control using AI-based modern machine vision, AI-based plant network optimization, and condition-based maintenance of equipment with respectively 63%.
| # | Use case | Adoption rate Japan 2021 | Adoption rate global 2021 |
|---|---|---|---|
| 1 | Quality control using AI-based, modern machine-vision | 63% | 40% |
| 2 | AI-based plant network optimization | 63% | 40% |
| 3 | Condition-based maintenance of equipment | 63% | 55% |
| 4 | Remote asset monitoring | 56% | 51% |
| 5 | Quality control using traditional machine-vision | 56% | 60% |
Sample case study of IoT technology in Japan
Furthermore, we cover numerous IoT case studies in our research. Here is one from our LPWAN Market Report 2021-2026:
| Case study | Industry | Description |
|---|---|---|
| Retrofitting gas meters with Sigfox | Energy | Rather than replacing gas meters, these were retrofitted with the “Space Hotaru,” a network controlling unit (NCU) that can read and transmit gas consumption data. |
Our insights are trusted by
Understand the IoT market in Japan
Looking for more data about the IoT market in Japan? Get in touch and we can suggest content from our 110+ reports, databases, and trackers that fit your research requirements.
