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|
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
|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.|
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