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Japan Emerging Technologies in Smart Cities Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Japan Emerging Technologies in Smart Cities Market- (By Technology – Internet of Things (IoT), Artificial Intelligence (AI), Cloud Computing, High Performance Computing, and Others; By Deployment – Cloud and On-premises; By Application – Smart Transportation, Smart Utilities, Smart Governance, Smart Citizen Services, and Others) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 11-Apr-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0422197
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Japan Emerging Technologies in Smart Cities Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 9,968.3 Mn
Expected Revenue in 2027US$ 22,750 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
CAGR14.7%
Segments coveredBy Technology, Deployment, Application, and Region
Leading playersABB Ltd., Alphabet Inc., Fujitsu Ltd., IBM Corporation, Toshiba Corporation, and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

In May 2020, the Super City Law was enacted in Japan to improve the collaboration between the public and private sectors for the digital transformation of cities. Further, Japan’s national vision for a data-driven, human-centric, next-generation society that uses AI, big data, and IoT is known as Society 5.0. 

The Japan Emerging Technologies in Smart Cities Market was valued at US$ 9,968.3 Mn in 2021. 

The Japan Emerging Technologies in Smart Cities Market is estimated to expand at a CAGR of 14.75% over the forecast period.

The market is majorly driven by factors such as rising need for public safety & communication infrastructure, increasing number of government initiatives and PPP models for smart cities.

The privacy and security concerns over Internet of Things (IoT) is a restraint for market growth. 

Increasing environmental concerns and demand for green initiatives are the emerging opportunities for market expansion.

The segmentations considered to analyze the Japan Emerging Technologies in Smart Cities Market are based on technology, deployment, and application. 

Internet of Things (IoT) holds the highest share in the Japan Emerging Technologies in Smart Cities Market in 2021.

Cloud-based deployment holds the highest market share in 2021.

Smart Citizen Services has the highest share in the Japan Emerging Technologies in Smart Cities Market in 2021.

The key players in the Japan Emerging Technologies in Smart Cities Market are ABB Ltd., Alphabet Inc., Fujitsu Ltd., IBM Corporation, Toshiba Corporation, and Huawei Technologies among others.

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