Japan ICT Market Report and Forecast 2025-2034
Description
The Japan ICT market attained a value of around USD 336.88 Billion in 2024. The market is projected to grow at a CAGR of 8.20% between 2025 and 2034 to reach nearly USD 740.88 Billion by 2034.
Japan ICT Market Growth
In 2020-21, sales of the telecommunication sector in Japan reached 15.2405 trillion yen, recording a year-on-year growth of 2.5%. The number of fixed-line broadband subscriptions surged by 2.7% year-on-year and reached 48.83 million people. The subscription to ultrafast mobile broadband networks for 5G smartphones reached 45.02 million, and those with broadband and wireless access witnessed a 5.3% surge in their subscription usage. The number of people with mobile communication subscriptions was over 12 times higher than those with fixed communication subscriptions in 2021-22.
In 2021, the number of Japanese radio stations surged by 5.4% and reached 291.98 million. Besides, semiconductor production in Japan recorded a year-on-year growth of 29.6% in 2021 and reached a value of 741.2 billion yen. It exported nearly 9.5-million-yen worth of semiconductors in 2021, with discrete semiconductors constituting the largest share in shipment size.
In Japan, the demand for e-books, videos, and music surged by 18.4% and reached a value of 1.0171 trillion yen. The number of active Facebook users in Japan reached 2.9 billion in January 2022, which was reported to be the highest in the world. The rapid digitalisation of the Japanese economy is expected to prompt a surge in digital payments, which is currently on the same level as Europe.
Japan ICT Industry Segmentation
Japan ICT Market Report and Forecast 2025-2034 provides an in-depth analysis of the different market segments mentioned below:
Market Breakup by Type
Hardware _x000D_ _x000D_ Network Switches _x000D_ Routers and WLAN _x000D_ Servers and Storage _x000D_ Others _x000D_ _x000D_
Hardware _x000D_ _x000D_ Network Switches _x000D_ Routers and WLAN _x000D_ Servers and Storage _x000D_ Others _x000D_ _x000D_
Software
IT and Infrastructure Services
Telecommunication Services
Software
IT and Infrastructure Services
Telecommunication Services
Market Breakup by Enterprise Size
Small and Medium Enterprises
Large Enterprises
Market Breakup by Industry Vertical
BFSI
IT and Telecom
Government
Retail and E-Commerce
Manufacturing
Energy and Utilities
Others
Japan ICT Market Share
Based on industry vertical, the market is divided into manufacturing, energy and utilities, IT and telecom, government, BFSI, and retail and e-commerce, among others. Over the forecast period of 2025-2034, the BFSI sector is projected to grow at a CAGR of 9.3% as Japan accelerates the adoption of digital payment infrastructure.
Leading Companies in Japan ICT Market
Market players are attempting to develop energy-efficient and high-performance semiconductors, which is driving the market expansion.
IBM Corp.
Microsoft Corp.
Sony Group Corp.
Fuji Soft Inc.
NTT Data Group Corp.
Salesforce Inc.
Fujitsu Ltd.
Hitachi Ltd.
NEC Corp.
TIS Inc.
Others
Japan ICT Market Growth
In 2020-21, sales of the telecommunication sector in Japan reached 15.2405 trillion yen, recording a year-on-year growth of 2.5%. The number of fixed-line broadband subscriptions surged by 2.7% year-on-year and reached 48.83 million people. The subscription to ultrafast mobile broadband networks for 5G smartphones reached 45.02 million, and those with broadband and wireless access witnessed a 5.3% surge in their subscription usage. The number of people with mobile communication subscriptions was over 12 times higher than those with fixed communication subscriptions in 2021-22.
In 2021, the number of Japanese radio stations surged by 5.4% and reached 291.98 million. Besides, semiconductor production in Japan recorded a year-on-year growth of 29.6% in 2021 and reached a value of 741.2 billion yen. It exported nearly 9.5-million-yen worth of semiconductors in 2021, with discrete semiconductors constituting the largest share in shipment size.
In Japan, the demand for e-books, videos, and music surged by 18.4% and reached a value of 1.0171 trillion yen. The number of active Facebook users in Japan reached 2.9 billion in January 2022, which was reported to be the highest in the world. The rapid digitalisation of the Japanese economy is expected to prompt a surge in digital payments, which is currently on the same level as Europe.
Japan ICT Industry Segmentation
Japan ICT Market Report and Forecast 2025-2034 provides an in-depth analysis of the different market segments mentioned below:
Market Breakup by Type
Hardware _x000D_ _x000D_ Network Switches _x000D_ Routers and WLAN _x000D_ Servers and Storage _x000D_ Others _x000D_ _x000D_
Hardware _x000D_ _x000D_ Network Switches _x000D_ Routers and WLAN _x000D_ Servers and Storage _x000D_ Others _x000D_ _x000D_
Software
IT and Infrastructure Services
Telecommunication Services
Software
IT and Infrastructure Services
Telecommunication Services
Market Breakup by Enterprise Size
Small and Medium Enterprises
Large Enterprises
Market Breakup by Industry Vertical
BFSI
IT and Telecom
Government
Retail and E-Commerce
Manufacturing
Energy and Utilities
Others
Japan ICT Market Share
Based on industry vertical, the market is divided into manufacturing, energy and utilities, IT and telecom, government, BFSI, and retail and e-commerce, among others. Over the forecast period of 2025-2034, the BFSI sector is projected to grow at a CAGR of 9.3% as Japan accelerates the adoption of digital payment infrastructure.
Leading Companies in Japan ICT Market
Market players are attempting to develop energy-efficient and high-performance semiconductors, which is driving the market expansion.
IBM Corp.
Microsoft Corp.
Sony Group Corp.
Fuji Soft Inc.
NTT Data Group Corp.
Salesforce Inc.
Fujitsu Ltd.
Hitachi Ltd.
NEC Corp.
TIS Inc.
Others
Table of Contents
133 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Asia Pacific ICT Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific ICT Historical Market (2018-2024)
- 5.3 Asia Pacific ICT Market Forecast (2025-2034)
- 6 Japan ICT Market Overview
- 6.1 Key Industry Highlights
- 6.2 Japan ICT Historical Market (2018-2024)
- 6.3 Japan ICT Market Forecast (2025-2034)
- 7 Japan ICT Market by Type
- 7.1 Hardware
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.1.3 Breakup by Type
- 7.1.3.1 Network Switches
- 7.1.3.2 Routers and WLAN
- 7.1.3.3 Servers and Storage
- 7.1.3.4 Others
- 7.2 Software
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 IT and Infrastructure Services
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Telecommunication Services
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 8 Japan ICT Market by Enterprise Size
- 8.1 Small and Medium Enterprises
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Large Enterprises
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 Japan ICT Market by Industry Vertical
- 9.1 BFSI
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 IT and Telecom
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Government
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Retail and E-Commerce
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Manufacturing
- 9.5.1 Historical Trend (2018-2024)
- 9.5.2 Forecast Trend (2025-2034)
- 9.6 Energy and Utilities
- 9.6.1 Historical Trend (2018-2024)
- 9.6.2 Forecast Trend (2025-2034)
- 9.7 Others
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyer’s Power
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators for Demand
- 10.4 Key Indicators for Price
- 11 Competitive Landscape
- 11.1 Supplier Selection
- 11.2 Key Global Players
- 11.3 Key Regional Players
- 11.4 Key Player Strategies
- 11.5 Company Profiles
- 11.5.1 IBM Corp.
- 11.5.1.1 Company Overview
- 11.5.1.2 Product Portfolio
- 11.5.1.3 Demographic Reach and Achievements
- 11.5.1.4 Certifications
- 11.5.2 Microsoft Corp.
- 11.5.2.1 Company Overview
- 11.5.2.2 Product Portfolio
- 11.5.2.3 Demographic Reach and Achievements
- 11.5.2.4 Certifications
- 11.5.3 Sony Group Corp.
- 11.5.3.1 Company Overview
- 11.5.3.2 Product Portfolio
- 11.5.3.3 Demographic Reach and Achievements
- 11.5.3.4 Certifications
- 11.5.4 Fuji Soft Inc.
- 11.5.4.1 Company Overview
- 11.5.4.2 Product Portfolio
- 11.5.4.3 Demographic Reach and Achievements
- 11.5.4.4 Certifications
- 11.5.5 NTT Data Group Corp.
- 11.5.5.1 Company Overview
- 11.5.5.2 Product Portfolio
- 11.5.5.3 Demographic Reach and Achievements
- 11.5.5.4 Certifications
- 11.5.6 Salesforce Inc.
- 11.5.6.1 Company Overview
- 11.5.6.2 Product Portfolio
- 11.5.6.3 Demographic Reach and Achievements
- 11.5.6.4 Certifications
- 11.5.7 Fujitsu Ltd.
- 11.5.7.1 Company Overview
- 11.5.7.2 Product Portfolio
- 11.5.7.3 Demographic Reach and Achievements
- 11.5.7.4 Certifications
- 11.5.8 Hitachi Ltd.
- 11.5.8.1 Company Overview
- 11.5.8.2 Product Portfolio
- 11.5.8.3 Demographic Reach and Achievements
- 11.5.8.4 Certifications
- 11.5.9 NEC Corp.
- 11.5.9.1 Company Overview
- 11.5.9.2 Product Portfolio
- 11.5.9.3 Demographic Reach and Achievements
- 11.5.9.4 Certifications
- 11.5.10 TIS Inc.
- 11.5.10.1 Company Overview
- 11.5.10.2 Product Portfolio
- 11.5.10.3 Demographic Reach and Achievements
- 11.5.10.4 Certifications
- 11.5.11 Others
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