Japan IoT in Asset Management Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 6.1 Billion by 2030, growing at a CAGR of 14.9% from 2024 to 2030.
Japan's Internet of Things (IoT) market is experiencing remarkable growth, with projections indicating an 18% increase to $13.7 billion in 2023, up from $11.6 billion in 2022. The manufacturing sector leads this expansion, with discrete manufacturing contributing $3.2 billion, followed by hybrid manufacturing at $2.3 billion, and automotive at $1.8 billion. citeturn0search3
In the realm of asset management, IoT technologies are revolutionizing how industries monitor and maintain their assets. The Japanese enterprise asset management market generated $316.4 million in revenue in 2023, with expectations to reach $1,076.8 million by 2030, reflecting a compound annual growth rate (CAGR) of 19.1% from 2024 to 2030. Notably, the on-premise deployment segment was the largest revenue generator in 2023, while cloud deployment emerged as the fastest-growing segment during the forecast period. citeturn0search4
Industries are increasingly adopting IoT solutions for asset management to enhance operational efficiency and reduce downtime. Key use cases include quality control using AI-based machine vision, AI-based plant network optimization, and condition-based maintenance of equipment, each with a 63% adoption rate in Japan. Remote asset monitoring also saw a 56% adoption rate, highlighting the trend towards proactive asset management strategies. citeturn0search3
To support this growth, the Japanese government has introduced initiatives like the IoT Product Security Conformity Assessment Scheme. Launched by the Ministry of Economy, Trade, and Industry (METI), this voluntary scheme aims to ensure that IoT products meet standardized security requirements. The program is set to begin accepting self-declarations of conformity and granting labels for the unified baseline criteria by March 2025, promoting the procurement of secure IoT products across various sectors. citeturn0search0
In summary, the integration of IoT in asset management is transforming Japanese industries by improving efficiency and security. With substantial market growth and supportive government policies, IoT is poised to play a pivotal role in the future of asset management in Japan.
Get an In-Depth Research Analysis of the Japan IoT in Asset Management Market Size And Forecast [2025-2032]
Zebra Technologies
Trimble Inc
Stanley Black & Decker
SATO Holdings Corporation
IQGeo
Honeywell International Inc
Datalogic
Tomtom International B.V.
Mojix
Alien Technology
AiRISTA Flow
Inc
Midmark Corporation
CenTrak
Sonitor Technologies AS
NCR Corporation
Opticon
Advantech
Pepperl+Fuchs
Topcon
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Japan IoT in Asset Management Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Japan IoT in Asset Management Market
Smart Sensors
RFID Tags
Wearable Devices
Gateways and Routers
Connected Assets (e.g., vehicles, equipment)
Bluetooth
Wi-Fi
LoRaWAN
NB-IoT (Narrowband IoT)
Zigbee
Inventory Management
Asset Tracking
Maintenance Management
Supply Chain Management
Workforce Management
Manufacturing
Healthcare
Logistics and Transportation
Retail
Energy and Utilities
On-premises
Cloud-based
Hybrid
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ Japan IoT in Asset Management Market Research Analysis
1. Introduction of the Japan IoT in Asset Management Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan IoT in Asset Management Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan IoT in Asset Management Market, By Type
6. Japan IoT in Asset Management Market, By Application
7. Japan IoT in Asset Management Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan IoT in Asset Management Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/