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.
Please Note: Extended description available upon request.
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
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)
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
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
Related Research
Research Assistance
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