Japan Iot Node And Gateway Market Size & Outlook
Japan iot node and gateway market, 2018-2030 (US$B)
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Japan iot node and gateway market highlights
- The Japan iot node and gateway market generated a revenue of USD 23,524.0 billion in 2023 and is expected to reach USD 60,452.0 billion by 2030.
- The Japan market is expected to grow at a CAGR of 14.4% from 2024 to 2030.
- In terms of segment, wi-fi was the largest revenue generating connectivity in 2023.
- Z-Wave is the most lucrative connectivity segment registering the fastest growth during the forecast period.
Iot node and gateway market data book summary
| Market revenue in 2023 | USD 23,524.0 billion |
| Market revenue in 2030 | USD 60,452.0 billion |
| Growth rate | 14.4% (CAGR from 2023 to 2030) |
| Largest segment | Wi-fi |
| Fastest growing segment | Z-Wave |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Zigbee, Wi-Fi, Bluetooth, Z-Wave |
| Key market players worldwide | Cisco Systems Inc, Sierra Wireless, Intel Corp, International Business Machines Corp, Huawei Technologies, Dell Technologies Inc Ordinary Shares - Class C, Advantech, NXP Semiconductors NV, Eurotech Ltd, Bosch, STMicroelectronics NV, Texas Instruments Inc, Particle, Helium, Laird Connectivity |
Other key industry trends
- In terms of revenue, Japan accounted for 4.9% of the global iot node and gateway market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China iot node and gateway market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 51,601.0 billion by 2030.
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IoT Node And Gateway Market Scope
IoT Node And Gateway Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan iot node and gateway market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot node and gateway market will help companies and investors design strategic landscapes.
Wi-fi was the largest segment with a revenue share of 36.52% in 2023. Horizon Databook has segmented the Japan iot node and gateway market based on zigbee, wi-fi, bluetooth, z-wave covering the revenue growth of each sub-segment from 2018 to 2030.
The Internet of Things (IoT) node and gateway market has experienced its significant adoption rates in Japan due to a combination of technological innovation and societal factors. Japan has a strong commitment to technological advancement and is known for its cutting-edge research and development in the field of IoT.
This has led to the creation of highly reliable and efficient IoT nodes and gateways that meet the stringent requirements of various industries, fostering trust and adoption. Additionally, Japan's aging population and the need for solutions to address healthcare and elderly care challenges have driven the rapid adoption of IoT devices.
The Japanese government has also played a crucial role in promoting IoT adoption by implementing supportive policies and regulations. These factors collectively create a conducive environment for the widespread adoption of IoT node and gateway in Japan.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan iot node and gateway market , including forecasts for subscribers. This country databook contains high-level insights into Japan iot node and gateway market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan iot node and gateway market size, by connectivity, 2018-2030 (US$B)
Japan IoT Node And Gateway Market Outlook Share, 2023 & 2030 (US$B)
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