
Japan IT Spending Forecast Update by Vertical Segment, Company Employee Size, and Company Revenue, 2023–2027
Description
Japan IT Spending Forecast Update by Vertical Segment, Company Employee Size, and Company Revenue, 2023–2027
This IDC study presents the actual IT spending in 2021 and 2022, and the IT spending forecasts from 2023 to 2027 by industry sector, company size, and annual turnover in the Japan IT market. This study also analyzes IT spending by dividing the industries into 21 categories, company size and product segments into five categories, and annual turnover into four categories; and discusses IT spending trends observed in each industry segment.Despite the uncertainties in the Japan economy, including the sharp depreciation of the yen and soaring raw material prices, as well as worsening geopolitical risks, higher interest rates, and economic slowdown in the United States and Europe, IDC believes the Japan IT market will maintain positive growth in 2023 and beyond. This is because many companies, including small and medium-sized businesses (SMBs), have started to actively promote digitalization and digital transformation (DX) not only to improve productivity, but also to increase profits and develop new businesses. This trend is not affected by a slight slowdown in the economic environment and is expected to expand steadily in the future."Therefore, in order for IT suppliers to expand their business in the Japan IT market, they must focus on supporting digitalization and DX promotion. However, the currently leading large companies need to compete with consulting firms, start-ups, and other companies with advanced business know-how and technology, and have not been able to achieve the expected results. Under these circumstances, Hitoshi Ichimura, research manager for Verticals and Cross Technologies, IDC Japan, says, "In order to increase their presence in the digitalization and DX support business in which needs will increase in the future, IT suppliers should actively deploy solutions and build their presence in DX support by leveraging their track record and know-how."
Please Note: Extended description available upon request.
Table of Contents
72 Pages
- IDC Market Forecast Figure
- EXECUTIVE SUMMARY
- ADVICE FOR TECHNOLOGY SUPPLIERS
- MARKET FORECAST
- Japan IT Market Spending Trends by Product, 2023–2027
- Japan IT Spending Forecast by Industry Sector, 2023–2027
- Japan IT Spending Forecast by Company Size, 2023–2027
- Japan IT Spending Forecast by Product and Company Size, 2023–2027
- Japan IT Spending Forecast by Annual Turnover, 2023–2027
- MARKET CONTEXT
- Drivers and Inhibitors
- Drivers
- Macroeconomic Trends
- DX Progress
- Inhibitors
- Deterioration in Profitability due to the Yen Depreciation
- Slump in Regional Economy due to Population Decline and Corporate Outflow
- Delay in Establishing a System to Realize Strategic IT Investment in Japan Companies
- Significant Market Developments
- IT Spending Trends in the Financial Services Segment
- Banking
- Insurance
- Securities and Investment Services
- IT Spending Trends in Manufacturing and Distribution Segments
- Discrete Manufacturing
- Retail and Wholesale
- IT Spending Trends in the Social Infrastructure Segment
- Transportation
- Telecommunications and Media
- Utilities
- IT Spending Trends in the Public Sector: Government, Healthcare, and Education
- Healthcare
- Central and Local Governments
- Education
- IT Spending Trends in Other Industries such as Services
- IT Services
- Construction
- Resource Industries
- Professional and Personal Services
- Consumers
- IT Spending Trends by Company Size
- 1–9 Employees (SOHO)
- 10–99 Employees (Small Companies)
- 100–499 Employees (Lower Midsize Companies)
- 500–999 Employees (Upper Midsize Companies)
- More than 1,000 Employees (Large Companies)
- Changes from Prior Forecast
- Market Definition
- Device
- Personal Computers
- Feature Phone
- Smartphone
- Peripherals
- Wearable Device
- Infrastructure
- Servers
- Storage
- Network Equipment
- Infrastructure as a Service
- Security Appliance
- Software (Packaged Software)
- IT Services
- Business Services
- Business Process Outsourcing Services
- Classification by Business Function
- BPO Service Market in Key Horizontal Business Functions
- HR BPO service
- Customer Care BPO service
- Finance/Accounting BPO service
- Procurement/Purchasing BPO Service
- Business Consulting
- Definition of Industry Sector Classification
- Research Method
- Scope of Study
- IT Product Categories Surveyed
- Industry Classifications
- Points to Keep in Mind on Company Classification Methods
- Company Size Categories
- Classification of Annual Turnover
- Calendar Year
- Related research
Pricing
Currency Rates
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