Japan IT Services Forecast by Vertical Segment, 2016–2020
This study presents the situation and trends in the Japan IT services market. In addition to IT services spending analysis according to user companies' 18 industry segment (subsegments), this study also presents IT services spending according to three service segments and six key industry segments. This study also forecasts market size and growth from 2015 to 2020 for each market segment. Furthermore, IDC also offers recommendations for service vendors. The Japan IT services market continues to grow in which the growth is driven by large projects in financial institutions and public segment. These large projects are slowly dwindling and the presence of IT services spending related to the 3rd Platform and digital transformation may grow as the future market driver. "The roles that IT services vendors are required to play change as the IT services market change. IT services vendors must not simply accept customers' demand reactively, but they must also lead the customers' digital innovation, by creating ecosystems for customers, business partners, and innovations themselves," says Yukiharu Yorifuji, group director, IDC Japan.