Japan Emerging Technologies in Smart Cities Market, By Technology (IoT, AI, Others), By Deployment (Cloud, On-Premises), By Application (Smart Transportation, Smart Home & Building, Smart Citizen Service, Others), Estimation & Forecast, 2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Japan Emerging Technologies in Smart Cities market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Japan Emerging Technologies in Smart Cities market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Market Introduction
The Japan emerging technologies in smart cities market held a market value of USD 8,980.5 Million in 2020 and is forecasted to reach USD 22,750.0 Million by the year 2027. The market is anticipated to grow at a CAGR of 14.7% during the projected period.
Emerging technologies are used for the development and building of smart cities. The market is majorly driven by the rising need for public safety & communication infrastructure and increasing number of government initiatives & PPP models for smart cities. However, privacy and security concerns over IoT are expected to negatively hamper market growth. Furthermore, huge initial investments are also anticipated to hamper market growth.
Growth Influencers:
Incresing number of government initiatives and PPP models for smart cities
Various government initiatives along with public private partnerships are boosting the market growth. For instance, in July 2021, Mishima City signed an agreement with Oracle Japan for various smart city initiatives. These initiatives are expected to benefit local businesses and citizens by solving various key social issues using digital technology. For instance, Japan has been experiencing a need for new reforms for solving many regional issues and a need to boost the appeal to potential immigrants & tourists. To address this issue, the country launched the Mishima Smart City Promotion Council in 2020 for promoting the use of data held by private organizations and local government.
Growing need for public safety and communication infrastructure
Successful launch of smart city projects is majorly dependent on telecommunication infrastructure and its use in public safety. All cities are required to ensure that communication platforms are established as well as accessible for realizing the concept of smart cities in a resource-efficient and open manner. The requirement of basic and modern infrastructure for data communication is required for a city to become smart. Therefore, growing need for public safety and communication infrastructure is estimated to boost the market growth.
Segments Overview:
The Japan emerging technologies in smart cities market is segmented into technology, deployment, and application.
By Technology,
• Internet of Things (IoT)
o Satellite Network
o Cellular Network
o Radio Frequency Identification
o Near Field Communication
o Wi-Fi
• Artificial Intelligence (AI)
o Deep Machine Learning
o Artificial Neural Network
o Voice Recognition
o Pattern Recognition
o Natural Language Processing
o Context Aware Processing
o Other AI Technologies
• Cloud Computing
• High Performance Computing
• Edge Computing
• Big Data Analytics
• Quantum Computing
• Other Technologies
The internet of things (IoT) is anticipated to hold the largest market share of around 34% owing to its growing adoption as it enables innovation by integrating the internet across various functions. Within this segment, the radio frequency identification segment is estimated to surpass a market size of about USD 986.1 million by 2027. The cloud computing segment is expected to witness the fastest growth rate of 15.8% owing to various technological advancements.
By Deployment,
• Cloud
• On-Premises
The cloud segment held the largest market share owing to its cost effectiveness which has various applications in areas such as smart governance, smart utilities, smart transportation, and smart building.
By Application,
• Smart Transportation
o Parking Management
o Ticketing & Travel Management
o Traffic Management
o Passenger Information Management System
o Freight Information System
o Other Smart Transportation Systems
• Smart Utilities
o Energy management
o Advanced Metering Infrastructure
o Smart Grid
o Water Management
o Distribution Management
o Other Smart Utilities
• Smart Governance
o E-Governance Solutions
o Smart Public Safety
o Law Enforcement
o City Planning
o Other Governance Services
• Smart Home & Building
o Building Automation System
o Energy Management Systems
o Parking Management System
o Emergency Management System
o Other Smart Building Systems
• Smart Citizen Service
o Smart Education
o Smart Healthcare
o Emergency Response System
o Video Surveillance System
o Assisted Living Solution
o Other Citizen Services
• Smart Mobility
o Electric Vehicle Charging
o Tunnel Management
o Tolling Management
o Other Mobility Solutions
• Other Applications
The smart citizen service segment held the largest market share of about 21% owing to various technological advancements for ensuring the safety of citizens. Within the smart utilities segment, the advanced metering infrastructure is anticipated to witness a CAGR of 15.9%. Within the smart governance segment, the law enforcement segment is expected to surpass a market size of USD 1,263.6 million by 2027.
Competitive Landscape
Key players operating in the Japan emerging technologies in smart cities market include ABB Ltd., Accenture Plc, Alphabet Inc., AT&T, Cisco Systems Inc., Ericsson, Foxconn Electronics Inc., Fujitsu Ltd., Hitachi, General Electric Company, Honeywell, IBM Corporation, Huawei Technologies, INTEL Corporation, LG Electronics Inc., Microsoft Corp., Oracle Corp., Qualcomm Technologies Inc., Schneider Electric SE, Siemens AG, and Toshiba Corporation, among others.
The approximate market share of the five major players is near about 35%. These market players are involved in new product launches, partnerships, mergers & acquisitions to strengthen their market presence. For instance, in May 2021, ABB Robotics advanced its construction industry automation by enabling sustainable and safer buildings.
The Japan emerging technologies in smart cities market report provides insights on the below pointers:
• Market Penetration: Provides comprehensive information on the market offered by the prominent players
• Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
• Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
• Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the Japan emerging technologies in smart cities market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
• Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The Japan emerging technologies in smart cities market report answers questions such as:
• What is the market size and forecast of the Japan emerging technologies in smart cities Market?
• What are the inhibiting factors and impact of COVID-19 on the Japan emerging technologies in smart cities Market during the assessment period?
• Which are the products/segments/applications/areas to invest in over the assessment period in the Japan emerging technologies in smart cities Market?
• What is the competitive strategic window for opportunities in the Japan emerging technologies in smart cities Market?
• What are the technology trends and regulatory frameworks in the Japan emerging technologies in smart cities Market?
• What is the market share of the leading players in the Japan emerging technologies in smart cities Market?
• What modes and strategic moves are considered favorable for entering the Japan emerging technologies in smart cities Market?
What is market research report?
Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.
About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Japan Emerging Technologies in Smart Cities Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Japan Emerging Technologies in Smart Cities market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Japan Emerging Technologies in Smart Cities Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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