Japan IT Spending Forecast by Vertical Segment and Company Size, 2019-2023

Japan IT Spending Forecast by Vertical Segment and Company Size, 2019−2023This IDC study presents the Japan IT spending performance (2017 and 2018) and forecasts (2019 to 2023) in the Japan IT market by industry segment and company size. In this study, IDC analyzes the market after dividing the industries into 21 segments and the company sizes and product segments into five categories. IDC also reports on IT spending trends in the relevant industry segments.IDC believes that there is an increasingly need for IT suppliers to actively shift from a traditional model of providing hardware and package for on-premise systems to a subscription model that provides IT resources via cloud. This subscription model should be able to support industry changes as well as changes in the business structure of user companies. IDC also believes that proposals that utilize the 3rd Platform and innovation accelerators will become more important. Based on forecast data that shows these market changes, Akira Muranishi, research manager of IT Spending in IDC Japan, states that "The time has come for IT suppliers to review their existing system from sales to maintenance, based on a business model that traditionally provides IT solutions for on-premise systems. The review should be in line with the cloud shift that is starting across industry segments and company sizes and will accelerate in the future."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
ADVICE FOR TECHNOLOGY SUPPLIERS
Market Forecast
Japan IT Market Spending Trends by Product, 2019–2023
Japan IT Spending Forecast by Industry Segment, 2019–2023
IT Spending Forecast by Company Size, 2019–2023
Market Context
Drivers and Inhibitors
Drivers
Macroeconomic Trends
Penetration of the 3rd Platform and Innovation Accelerators
Hosting of the Tokyo Olympic Games
Inhibitors
Sluggish Regional Economies due to Declining Population and Company Outflow
Lagging Behind in Establishing Systems to Achieve Strategic IT Investments among Japanese Companies
Significant Market Developments
IT Spending Trends in the Financial Services Segment
Banking
Insurance
Securities/Investment Services
IT Spending Trends in the Manufacturing and Distribution Segments
Discrete Manufacturing
Process Manufacturing
Retail and Wholesale
IT Spending Trends in the Social Infrastructure Segment
Transportation
Telecommunications and Media
Utilities
IT Spending Trends in the Public Segment (Government, Healthcare, and Education)
Healthcare
Central and Local Governments
Education
IT Spending Trends in Services and Other Industry Segments
IT Services
Construction
Resource
Professional Services and Personal and Consumer Services
Consumers
Changes from Prior Forecast
Market Definition
Methodology
Scope of Study
IT Product Classes Covered in the Study
Industry Classifications
Notes on the Industry Classifications Used
Respondent Distribution by Company Size
Calendar Year
Related Research

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