Japan IT Services Vendor Analysis by Service Segment and Vertical 2014
This IDC study analyzes the Japan IT services market and the competitive landscape among the market's 14 leading vendors in FY14. Here, IDC defines a leading service vendor as one with estimated IT services revenue exceeding 100 billion yen. This study presents vendors' competitive analysis based on consolidated IT services revenue according to service segment and six industry segments (financial, manufacturing, distribution, communications and media, government and public offices, and other industries), as well as vendors' business trends and growth strategies.
In FY13, 13 out of 14 leading vendors achieved positive growth in the Japan IT services market. 2 vendors achieved YoY growth rate of over 10% and vendors that achieved growth of over 5% have increased to five, indicating that the market is on a solid growth track. Many vendors increased their revenue, particularly in project-oriented services due to large projects in the financial and government and public offices segments, and many vendors increased their revenue in the latter half of the fiscal year.
"IT spending in the finance, government, and public offices segments is expected to continue beyond FY14. Thus, vendors must continue to steadily link customer-driven projects with revenue and profits, and at the same time to drive themselves to carve out new niches. Therefore, it is vital to be thorough with the "3rd Platform First" concept that portrays the 3rd Platform as the first choice, even in customer-driven large projects," says Takuya Uemura, IT services market analyst, IDC Japan.
Please Note: Extended description available upon request.