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Mar 2016 - Market Forecast - Doc # JPE40925916

Japan Internet of Things Forecast by Vertical Industry and by Use Case, 2016–2020

Author: Yuta Torisu Senior Market Analyst, Communications, IDC Japan

The spending size of the Japan IoT market is expected to grow rapidly focusing on industry segments that show heavy use of predefined equipment. IDC attributes this to various growth accelerators, such as increased business confidence, lower technological and cost barriers, and improved laws and regulations that are encouraging enterprise IoT spending. "Extending partnership between vendors will be vital for IoT solution providers in order for them to acquire the resources required for IoT. They must also proactively approach the government and consortiums to promote laws and regulations, and technology standardization, as well as consider collaborating with start-up companies and penetrating new industry segments in anticipation of post-Tokyo Olympics," says Yuta Torisu, communications market analyst, IDC Japan.

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