Japan IT Spending Forecast by Vertical Segment, Company Employee Size, and Company Revenue Forecast Update, 2020-2024

Japan IT Spending Forecast by Vertical Segment, Company Employee Size, and Company Revenue Forecast Update, 2020−2024

This IDC study reports the actual IT spending (2018, 2019) and IT spending forecast (2020 to 2024) by industry sector, company size, and annual turnover in the Japan IT market. It classifies the industry segments into 21 categories, the company sizes and product segments into five categories, and the annual turnovers into four categories for analysis; and reports the IT spending trend observed in each industry segment.Work from home, telework, telemedicine, online classes, and product sales via the internet, which are becoming more widespread with the COVID-19 pandemic, are transforming lifestyles and business styles from the perspective of preventing the risk of infection through face-to-face contact and meetings in closed spaces. As a result, the importance of the role IT plays in this transformation is widely recognized by society. The new administration, which was inaugurated in September 2020, has prioritized the digitization of input, authentication, verification, and payment mechanisms using paper and stamps, and it is expected that the move to digitization across the nation will accelerate in the future. "It is vital to capture the changes in life and business that utilize IT triggered by the COVID-19 pandemic as an opportunity and to support the digitization of all life and business procedures from data entry, authentication, verification to payment in various industries," says Akira Muranishi, group manager, IT Spending, IDC Japan.

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, 2020–2024
Japan IT Spending by Industry Sector, 2020–2024
IT Spending by Company Size, 2020–2024
IT Spending by Product and Company Size, 2020–2024
IT Spending by Annual Turnover, 2020–2024
Market Context
Drivers and Inhibitors
Macroeconomic Trends
Penetration of the 3rd Platform and IA
Stagnation of Local Economy due to Population Decline and Outflow of Businesses
Delay in Establishing a System for Realizing Strategic IT Investment in Japanese Businesses
Postponed 2020 Tokyo Olympics and Paralympics
Significant Market Developments
IT Spending Trends in the Financial Sector
Securities and Investment Services
IT Spending Trends in the Manufacturing and Distribution Sectors
Discrete manufacturing
Process Manufacturing
Retail and Wholesale
IT Spending Trends in the Social Infrastructure Sector
Telecommunications and Media
IT Spending Trends in the Public Sector: Government, Healthcare, and Education
Central Government and Local Government
IT Spending Trends in Services and Other Industry Sectors
IT Services
Resource Industries
Professional and Personal Services
Changes from Prior Forecast
Market Definition
Scope of Survey
IT Product Categories Surveyed
Industrial Sector Classification
Points of Attention Regarding Company Classification Methods
Classification of Company Size
Classification of Annual Turnover
Calendar Year Basis
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