Japan Sustainability and ESG Applications Software Forecast, 2024–2028
This IDC study analyzes the actual sales figures for the Japan environmental, social, and governance (ESG) applications market in 2023 as defined by IDC and provides market forecasts for 2024–2028."The ESG application market is evolving from single-function applications that visualize greenhouse gas (GHG) information to platforms that comprehensively manage nonfinancial information, including ESG information, link it with financial information, and quantitatively grasp corporate activities in a comprehensive manner, thereby increasing corporate value in a data-driven manner," says Gentaro Yuki, research manager, Verticals and Cross Technologies, IDC Japan.This is the English translation of the Japanese document IDC #JPJ51317724.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Overview
Market Forecast by Segment
Market Context
Drivers and Inhibitors
Drivers
Finalization of Sustainability Information Disclosure Standards in Japan
Using AI for ESG Applications
Measures against Data Tampering and Promotion of Efficient Inter-Departmental Collaboration
The Shift to Cloud-Based Application Development
Shortage of Sustainability Talent
Inhibitors
Delays in Enforcement of Various Regulations due to Opposition from the Industry
Significant Market Developments
Evolution of ESG Applications into a Platform
Entry into ESG Application from Outside the IT Industry
Shift from Packaged Applications to SaaS Applications