PUBLISHER: IDC | PRODUCT CODE: 1521923
PUBLISHER: IDC | PRODUCT CODE: 1521923
Japan IT Spending Forecast by Vertical Segment, Company Employee Size, and Company Revenue Forecast, 2024-2028
This research report provides actual IT spending (2022, 2023) and forecasts (2024-2028) in the Japan IT market by industry sector, employee size, and annual turnover. This research report analyzes 21 industry sectors, five employee size and product sectors each, and four annual turnover segments, and reports on IT spending trends observed in each industry sector.Although the Japan economy is affected by the weak yen, rising raw material prices, and labor shortages, many companies are seeing a recovery in their performance because of the strong performance of both the Japan economy and the Europe and U.S. economies. Therefore, we expect the Japan IT market to maintain positive growth beyond 2024. Many companies, including small and medium-sized businesses (SMBs), have begun to promote digitalization and digital transformation (DX) with the aim of not only improving productivity but also expanding profits and developing new businesses. This trend is not affected by a slight slowdown in the economic environment and is expected to expand steadily in the future.Therefore, in order for future IT suppliers to expand their business in the Japan IT market, they will need to focus on supporting the promotion of digitalization/DX. In particular, it has begun to be implemented in SMBs, which have been slow to adopt digitalization and DX initiatives until now, and we believe that this will become an area in which growth is expected in the future. In this context, Hitoshi Ichimura, senior research manager for Verticals and Cross Technologies, IDC Japan, says, "In order to smoothly support the digitalization and DX that will trigger growing needs among SMBs in the future, IT suppliers should not only use their own know-how but also work with partners and other companies to proactively propose and develop solutions."This is the English translation of the IDC #JPJ50712324.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
- Japan IT Market Spending Trends by Product from 2024 to 2028
- Japan IT Spending Forecast for 2024-2028: By Industry Sector
- Japan IT Spending 2024-2028: by Employee Size
- Japan IT Spending for 2024-2028: by Product and Employee Size
- Japan IT Spending for 2024-2028: by Annual Turnover
Market Context
- Drivers and Inhibitors
- Drivers
- Macroeconomic Trends
- Progress of Digital Transformation
- Inhibitors
- Deterioration in Profitability due to the Yen Depreciation
- Slump in Regional Economy due to Population Decline and Corporate Outflow
- Delay in Establishing a System to Realize Strategic IT Investment in Japan Companies
- Drivers
- Significant Market Developments
- IT Spending Trends in the Financial Services Segment
- Banking
- Insurance
- Securities and Investment Services
- IT Spending Trends in Manufacturing and Distribution Segments
- Discrete Manufacturing
- Process Manufacturing
- Retail and Wholesale
- IT Spending Trends in the Social Infrastructure Segment
- Transportation
- Telecommunications and Media
- Utilities
- IT Spending Trends in the Public Sector: Government, Healthcare, and Education
- Healthcare Provider
- Central and Local Governments
- Education
- IT Spending Trends in Other Industries such as Services
- IT Services
- Construction
- Resource Industries
- Professional and Personal Services
- Consumers
- IT Spending Trends by Company Size
- 1-9 Employees (SOHO)
- 10-99 Employees (Small Companies)
- 100-499 Employees (Lower Midsize Companies)
- 500-999 Employees (Upper Midsize Companies)
- More Than 1,000 Employees or More (Large Companies)
- IT Spending Trends in the Financial Services Segment
- Changes from Prior Forecast
Market Definition
- Device
- Personal Computers
- Feature Phone
- Smartphone
- Peripherals
- Wearable Device
- Infrastructure
- Servers
- Storage
- Network Equipment
- Infrastructure as a Service
- Security Appliance
- Software (Packaged Software)
- IT Services
- Business Services
- BPO Services
- Classification by Business Function
- BPO Services Market in Key Horizontal Business Functions
- HR BPO services
- Customer Care BPO Services
- Finance/Accounting BPO Services
- Procurement/Purchasing BPO Services
- Business Consulting
- BPO Services
- Industry Sector Classification Definitions
Methodology
- Scope of Study
- IT Product Categories Surveyed
- Industry Classifications
- Points to Keep in Mind on Company Classification Methods
- Company Size Categories
- Classification of Annual Turnover
- Calendar Year
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