The statistic illustrates the value of R&D investments in the connected smart car market in Japan in 2015 and 2016, with forecasts up to 2025. In 2025, research and development investments in the Japanese connected car market were forecasted to reach approximately 566 billion Japanese yen, up from about 104 billion yen in 2015.
Value of R&D investments in the connected smart car market in Japan from 2015 to 2025
(in billion Japanese yen)
size of investment in R&D is calculated based on the invested amount to OEM, etc.
Supplementary notes
*Forecasts. Research targets were domestic and overseas automakers (OEM), manufacturers of car electronics, IT/telecommunication businesses, vendors of cloud, electronic parts, and maps, security service providers, non-life insurance companies, and consultants.
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022. Values have been rounded.
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Yano Research. (January 9, 2018). Value of R&D investments in the connected smart car market in Japan from 2015 to 2025 (in billion Japanese yen) [Graph]. In Statista. Retrieved January 09, 2025, from https://www.statista.com/statistics/804168/japan-research-and-development-investments-connected-car-market/
Yano Research. "Value of R&D investments in the connected smart car market in Japan from 2015 to 2025 (in billion Japanese yen)." Chart. January 9, 2018. Statista. Accessed January 09, 2025. https://www.statista.com/statistics/804168/japan-research-and-development-investments-connected-car-market/
Yano Research. (2018). Value of R&D investments in the connected smart car market in Japan from 2015 to 2025 (in billion Japanese yen). Statista. Statista Inc.. Accessed: January 09, 2025. https://www.statista.com/statistics/804168/japan-research-and-development-investments-connected-car-market/
Yano Research. "Value of R&d Investments in The Connected Smart Car Market in Japan from 2015 to 2025 (in Billion Japanese Yen)." Statista, Statista Inc., 9 Jan 2018, https://www.statista.com/statistics/804168/japan-research-and-development-investments-connected-car-market/
Yano Research, Value of R&D investments in the connected smart car market in Japan from 2015 to 2025 (in billion Japanese yen) Statista, https://www.statista.com/statistics/804168/japan-research-and-development-investments-connected-car-market/ (last visited January 09, 2025)
Value of R&D investments in the connected smart car market in Japan from 2015 to 2025 (in billion Japanese yen) [Graph], Yano Research, January 9, 2018. [Online]. Available: https://www.statista.com/statistics/804168/japan-research-and-development-investments-connected-car-market/