Japan is one of the few countries that gives tough competition to other global powers in almost all spheres of technology. A leading player in technology and innovation, the country is home to the finest electronics companies in the world. Japanese technology and products have been conquering the global market for a long time. Let’s find out some interesting facts about the technological and startup ecosystem of Japan
Japan is a perfect example of perseverance It was the second-largest economy in the 1980s The 1990s witnessed Japan’s fall, only to rise again Now, Japan is a leading power in electronics, automobile and robotics. Japan is home to some of the biggest electronic conglomerates in the world. The nation is ranked 6th in terms of VC investment. As per the Global Innovation Index 2019, Japan is ranked 15th.
As of 2018, Japan is home to over 1,426 startups. Japan’s technology district is a tourist destination. FinTech Business Camp Tokyo accelerates the country’s startup growth. Japan has 3 Unicorn startups: Preferred Networks, Liquid Group & SmartNews