The Japan ICT market size reached US$ 459.8 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 494.4 Billion by 2032.
Information and communications technology (ICT) refers to an extended-term for information technology (IT) that integrates a wide array of hardware, software, internet- and telecommunications-based services, social networking, media applications, etc. The technology enables the users to access, retrieve, store, transmit, and manipulate information in a digital form. ICT technology has gained prominence with the rising demand for numerous advanced solutions, such as IoT, cloud computing, Big Data, content management, etc.
In Japan, the increasing adoption of IoT-based devices across diverse industries, including consumer electronics, military, agriculture, construction etc., is primarily driving the market for ICT technology. Additionally, the rising government expenditures on maintaining the high-end and advanced infrastructures along with proper development of numerous modernization and enhancement projects in the country are also propelling the market growth. In line with this, various government agencies in Japan are striving to deliver quality services in complex environments by adopting connected platforms for streamlining processes, thereby catalyzing the demand for ICT technology.
Additionally, several organizations are getting inclined towards mobility and cloud-based technologies owing to various cost-saving opportunities and long-term benefits, which are further augmenting the market for ICT technology in Japan. Apart from this, the emergence of Software-as-a-Service (SaaS) and Telecommunication-as-a-Service (TaaS) applications is further driving the investments in IT and communication services. The rapid development of the E-Japan strategy that emphasizes on the growth of local e-governance projects, including citizens’ participation, feedback and self-evaluation of online government services, will continue to drive the market for ICT technology in the coming years.
Information and communications technology (ICT) refers to an extended-term for information technology (IT) that integrates a wide array of hardware, software, internet- and telecommunications-based services, social networking, media applications, etc. The technology enables the users to access, retrieve, store, transmit, and manipulate information in a digital form. ICT technology has gained prominence with the rising demand for numerous advanced solutions, such as IoT, cloud computing, Big Data, content management, etc.
In Japan, the increasing adoption of IoT-based devices across diverse industries, including consumer electronics, military, agriculture, construction etc., is primarily driving the market for ICT technology. Additionally, the rising government expenditures on maintaining the high-end and advanced infrastructures along with proper development of numerous modernization and enhancement projects in the country are also propelling the market growth. In line with this, various government agencies in Japan are striving to deliver quality services in complex environments by adopting connected platforms for streamlining processes, thereby catalyzing the demand for ICT technology.
Additionally, several organizations are getting inclined towards mobility and cloud-based technologies owing to various cost-saving opportunities and long-term benefits, which are further augmenting the market for ICT technology in Japan. Apart from this, the emergence of Software-as-a-Service (SaaS) and Telecommunication-as-a-Service (TaaS) applications is further driving the investments in IT and communication services. The rapid development of the E-Japan strategy that emphasizes on the growth of local e-governance projects, including citizens’ participation, feedback and self-evaluation of online government services, will continue to drive the market for ICT technology in the coming years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the Japan ICT market report, along with forecasts at the country and regional levels from 2023-2032. Our report has categorized the market based on spending and technology.Breakup by Spending:
- Devices
- Software
- IT Services
- Data Center Systems
- Communication
Breakup by Technology:
- IOT
- Big Data
- Cloud Computing
- Content management
- Security
Breakup by Region:
- Kanto
- Hokkaido
- Tohoku
- Chubu
- Kinki/Kansai
- Chugoku
- Shikoku
- Kyushu (incl. Okinawa)
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the keyplayers being Fujitsu Limited, Hitachi Ltd, IBM Japan Ltd, TIS Inc, ITOCHU Techno-Solutions Corporation (ITOCHU Corporation), NEC Corporation, Nomura Research Institute Ltd., NTT Communications Corporation (Nippon Telegraph and Telephone Corporation), Panasonic Corporation, Sony Corporation and SCSK Corporation (Sumitomo Corporation).Key Questions Answered in This Report:
- How has the Japan ICT market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Japan ICT market?
- What are the key regional markets?
- What is the breakup of the market based on the spending?
- What is the breakup of the market based on the technology?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Japan ICT market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Japan ICT Market
6 Market Breakup by Spending
7 Market Breakup by Technology
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
12 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Fujitsu Limited
- Hitachi Ltd
- IBM Japan Ltd
- TIS Inc
- ITOCHU Techno-Solutions Corporation (ITOCHU Corporation)
- NEC Corporation
- Nomura Research Institute Ltd.
- NTT Communications Corporation (Nippon Telegraph
- Telephone Corporation)
- Panasonic Corporation
- Sony Corporation
- SCSK Corporation (Sumitomo Corporation)
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 127 |
Published | August 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 459.8 Billion |
Forecasted Market Value ( USD | $ 494.4 Billion |
Compound Annual Growth Rate | 0.8% |
Regions Covered | Japan |
No. of Companies Mentioned | 12 |