Japan Sustainability and ESG Services Forecast, 2024–2028
This IDC Market Forecast analyzes the overview and trends of the Japan sustainability and environmental, social, and governance (ESG) services market, which is an extract of IT services from the services market defined by IDC, and summarizes the results by service segment (business strategy, operations/business model, finance/accounting, human capital management, GRC, and communication). In addition, we examine the market situation in 2023 and forecast the market size (based on spending) and year-over-year (YoY) growth rate from 2023 to 2028. In 2023, this market achieved double-digit growth, driven primarily by business consulting and IT consulting, supporting a wide range of projects, from local efforts to measure greenhouse gas (GHG) emissions to cross-industry efforts involving the entire supply chain. However, there are still areas in which the requirements for sustainability/ESG technology support are not clearly defined, and many organizations are still searching for effective technology solutions."The sustainability and ESG field is moving from its infancy to a growth stage, with a wide variety of business opportunities expanding. There are currently no service vendors that can establish a solid position in supporting sustainability and ESG through technology, but service vendors that offer services that transcend industry segments will lead Japan's IT industry in the future," said Gentaro Yuki, research manager, Verticals and Cross Technologies, IDC Japan.This is the English translation of the IDC #JPJ51317524.
Please Note: Extended description available upon request.
IDC Market Forecast Figure
EXECUTIVE SUMMARY
Advice for Service Vendors
Market forecast
Japan Sustainability/ESG Market Spending Forecast by Service Segment
MARKET CONTEXT
Drivers and Inhibitors
Drivers
Japan and International Sustainability/ESG Regulations
Japan Government Sustainability/ESG Policy Support
Materiality Factors and Related Data Collection Methods
Demand for AI in Sustainability
Inhibitors
Environment-Related Initiatives/Efforts That Vary By Industry/Organization
Significant Market Developments
Sustainability/ESG Services Market Moving from Infancy to Growth Phase
Increasing Demand for Sustainability/ESG Consulting
Building a Sustainability Platform
Changes from Prior Forecast
Market Definition
Service Market Size
Foundation Market Sector
IT Services
Business Consulting
Sustainability/ESG Services Market Definition
Methodology
Related Research
Research Assistance
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