Japan SMB IT Spending Forecast Update by Vertical Segment, 2018−2022
This IDC study presents the Japan SMB IT market actual performance in 2017, estimated performance in 2018, and the market size forecasts from 2019 to 2022 according to product category, company size, and industry after considering the latest economic situation and product information gained from vendor surveys conducted until September 2018. IDC predicts that the market will grow positively until 2019 because of the PC replacement demand and compliance with the Consumption Tax Rise and Reduced Tax Rate System. However, IT spending growth rate is expected to remain low in 2020 and later because of the backlash from growth in the previous year."In order to achieve growth in the Japan SMB IT market in 2020 and later, IT suppliers must develop new solutions and strengthen business service areas with continuous high growth by growing together with SMBs, as well as transforming into a new business promotion framework while responding to current needs," says Akira Muranishi, research manager, IT spending, IDC Japan.
Please Note: Extended description available upon request.
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