Japan Internet of Things Market Investment Trend by Vertical Industry 2015-2019 Forecast and 2014 Review
This study analyzes investment trends by user attributes of the Japan Internet of Things (IoT) market. IDC classifies the user attributes of this market into five main industry types and 19 industry segments.
If we consider the Japan IoT market revenue in 2014 in terms of the investment share by main industry types, the "manufacturing/resources" sector occupied the largest investment share at more than 40% of the overall market. The "distribution/services" and "public/infrastructure" sectors occupied a total of around 25% of the market. The "financial" and "consumer" sectors occupied a total of slightly less than 5% of the market.
"In addition to industry types that currently contribute large investment amounts, IoT vendors should also expand their businesses to markets that were previously not receptive to IoT. It is important for IoT vendors to collaborate with one another and build an environment for the trial use of IoT solutions," says Yuta Torisu, Senior Analyst, Communications, IDC Japan. "It is necessary for IoT vendors to build a system that can respond swiftly to changes in the regulatory environment. Combining this system with solutions most suitable for different industries, IoT vendors should also consider consumer services when developing their businesses. Rather than adopting a passive attitude toward the improvement of the peripheral environment, IoT vendors can actively build a win-win system by uniting individual ecosystems and lobbying the government to rejuvenate the overall ecosystem."
All of the following sections are, however, fully translated:
Past Data Revision
Please Note: Extended description available upon request.