Japan IT Spending Forecast by Company Revenue, 2017−2020
This IDC study which provides IT spending trends and forecasts by annual sales sizes. Annual sales sizes in FY15 (accounting year) are classified based on the following four revenue categories: less than 10 billion yen, 10 billion yen to less than 30 billion yen, 30 billion yen to less than 100 billion yen, and 100 billion yen and above. The report also describes the performance of the Japan IT market in 2014 and 2015, and presents market forecasts for the 2016–2020 period by annual sales, product, and industry. Growth in the Japan IT market will remain essentially flat in 2017, but IDC forecasts that IT spending will increase from 2018 onward because of capital spending in preparation for the Tokyo Olympics and Paralympics. However, IDC expects the upgrading of existing systems or PC replacement demand to form the bulk of IT spending among companies with annual sales of less than 30 billion yen. Only few companies in this segment will expand their IT spending with strategic goals. "IT suppliers should actively develop and propose solutions that allow companies with annual sales of less than 30 billion yen feel the actual benefits of IT spending with strategic goals," says Hitoshi Ichimura, research manager, IT Spending, IDC Japan.