Hundreds of Japanese companies are working to launch a stock exchange of data received from devices connected to the Internet of things in 2020. This will allow companies to bring large data traffic to a new level and contribute to the wider dissemination of IoT technology, according to the Asian Review.
More than 50 billion devices will be connected to the Internet in 2020. Japan accounts for about 40% of the world sensor market, which is the main component of the Internet technology of things. And the country also hopes to become a leader in the data market generated by connected devices.
There are various opportunities for doing business related to this type of data. Companies can develop medical services based on physical, collected, for example, through mobile devices, information. Supermarkets will be more thorough in their assortment, knowing the contents of their customers' refrigerators.
