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Japan is one of the world’s biggest consumer goods and vehicle producers. In addition, the government is heavily investing in boosting its industrial capability.
IoT is widely utilised in industrial facilities to optimise equipment and operations, as well as to track casualties through predictive analysis, which improves worker safety.
As a result, one of the primary driving drivers for the Japan IoT market is the deployment of IoT in the manufacturing industry.
The increased use of IoT devices across multiple end-user verticals, such as healthcare, consumer electronics, industrial, automotive, BFSI, and retail, is driving the adoption of IoT devices even further.
The chip need for creating IoT devices is likely to expand, owing to the rapid expansion in the number of IoT devices. Manufacturers will also prioritise minimising energy use while also miniaturising semiconductors.
The Japan IoT Chip Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
NTT, a Japanese telecommunications company, is releasing a new 5G IoT solution for the industrial, IT, and automotive industries through its Transatel network operator subsidiary.
It provides both private and public 5G connections, according to the company, which enhances business potential and advantages by allowing clients to utilise a single SIM for both private network and worldwide roaming needs.
Industrial IoT and Machine to Machine use cases, as well as edge computing and AI-based applications, such as autonomous robots and vehicles, are all ideal candidates for 5G capabilities, according to the organisation.
Transatel has said that one of its long-term goals is to incorporate its software into connected automobiles in order to speed up the development of self-driving cars, however, this is estimated to take many years.
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