Japan Internet of Things Forecast by Vertical Industry and Technology Update, 2024-2028

Description

This IDC study provides a forecast of user spending and delves into market trends and prospects for the Japan Internet of Things (IoT) market by industry sector and by technology. Between 2024 and 2028, the Japan IoT market is expected to see increased IoT adoption in the logistics, construction, and medical fields because of the worsening labor shortage caused by the declining working population. The main use cases in logistics, healthcare, and construction include smart warehousing to improve logistics efficiency, construction machinery management to improve the efficiency of construction work, and bedside telemetry and healthcare.Yoriyuki Yamashita, research manager of Infrastructure and Devices at IDC Japan, says, "In the future, IoT solutions will be particularly valuable in automating and streamlining onsite work in industries, such as logistics, construction, and healthcare, in which labor shortages are becoming more serious. In addition, the spread of satellite communications will make it possible to communicate in areas in which mobile phone signals are not available, which will also contribute to IoT market expansion. Furthermore, security measures will become even more important when using IoT because of the Economic Security Promotion Act and the Labeling Scheme based on Japan-Cyber-Security Technical Assessment Requirements (JC-STAR)."This is the English translation of the Japanese document IDC #JPJ51512424.

Product Code: JPE51512524

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Japan Internet of Things
- Consideration by Industry Sector/Industry Field/Use Case
- Technology-Specific Considerations
Japan IoT: Manufacturing and Resources Sector
- Observations by Industry Sector/Use Case
  - Discrete and Process Manufacturing
  - Construction
  - Resource Industries
- Technology Considerations
Japan IoT Forecast: Distribution and Services Sector
- Observations by Industry Sector/Use Case
  - Transportation
  - Retail
- Technology-Specific Considerations
Japan IoT Forecast: Public, Infrastructure, and Finance Sector
- Observations by Industry Sector/Use Case
  - Government
  - Healthcare
  - Utilities
  - Insurance
- Technology-Specific Considerations

Market Changes

Drivers and Inhibitors
- Drivers
  - Labor Shortages in Onsite Physical Operations
  - The Spread of Satellite Communications
- Inhibitors
  - Shortage of Highly Skilled Personnel
Significant Market Developments
- Expanding Use of AI in IoT
- Launch of IoT Security Systems and Strengthening of Regulations
Changes from Prior Forecast

Market Definition

IoT Definition
Definition of Industrial Sector Classification: All Three Sectors
- Industrial Fields That Fall under the Manufacturing/Resource Sector
- Industrial Fields That Fall under the Distribution/Service Sector
- Industrial Fields that Fall under the Public/Infrastructure/Financial Sector
Industry Segments and Use Cases that Make Up the IoT Market
- Discrete Manufacturing and Process Manufacturing
- Construction
- Resources
- Transportation
- Retail
- Wholesale
- Professional Services
- Services for Individuals
- Media
- Government Offices
- Healthcare
- Public/Public Interest
- Communications
- Banking
- Insurance
- Education
- Securities/Investment Services
Technologies Comprising IoT
Definition of Technology Group Classification (Four Groups in Total)
- Technology Elements that Fall under the Hardware Group
- Technology Elements that Fall under the Connectivity Group
- Technology Elements that Fall under the Software Group
- Technology Elements that Fall under the Service Group
Definition of Technical Element Classification (11 Elements in Total)
- Sensor/Module
- Security HW/Other HW
- Servers and Storage
- Connectivity
- Application SW
- Security SW/Other SW
- Analytics SW
- IoT Platform
- Installation Services and Operation Services