Japan Digital Twins Forecast, 2024–2028
This IDC study provides a forecast of the market size of the Japan digital twin–related market, as well as market forecasts for the three subdomains: product engineering (PE), operational technology (OT), and Other, as well as by industry sector. In addition, we provide market forecasts for non-ICT industry sectors related to digital twins.One of the reasons why digital investment in the industrial sector is difficult is that the solutions do not meet the flexibility and practicality that customers require; for example, teaching robots is time-consuming. IT/OT vendors promoting digitalization in the industrial sector should utilize AI technology to increase the flexibility and practicality of their solutions. The future competition for industrial solutions will depend largely on how well AI can be used to improve flexibility and practicality, says Ono Yoko, research manager, Software and Services, IDC Japan.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Japan Digital Twin–Related Expenditure
Japan Digital Twin–Related ICT Expenditure by Industry
Market Context
Drivers and Inhibitors
Drivers
Increasing Need for Data-Driven Decision-Making
Advancement and Maturity of Digital Technology
Increasing Achievements and Application to Other Fields
Inhibitors
Differences in the Level of Interest among Companies in the Value Chain
Lack of Commitment to Process Change
Significant Market Developments
More Companies Are Focusing on Digital Twins
IT/OT Convergence through Collaboration between IT and OT Vendors
Worsening Labor Shortage Due to Restrictions on Overtime Work and Others
Changes from Prior Forecast
Market Definition
Digital Twin–Related Market
Market Definition
Definition of the Digital Twin–Related Market
Product Engineering, Operational Technology, and "Other" Categories
Division between ICT and Non-ICT (Industrial Domain)
Market Forecasts Provided in This Report
Methodology
Related Research
Research Assistance
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