Japan - Enterprise ICT

The Japan Enterprise ICT Country Intelligence Report, a new Country Intelligence Report, summarizes key findings from the ICT Customer Insight Survey carried out in H1-2023 and the Market Opportunity Forecasts to 2027: Japan. It reveals an executive-level overview of how the overall ICT budgets and their allocations towards various segments have changed for enterprises in the country in 2023 compared to 2022 and ICT revenue opportunity with detailed forecasts of key indicators up to 2027. The report provides detailed analysis of the overall Japan’s enterprise ICT market trends and growth drivers based on the ICT Customer Insight Survey and the Market Opportunity Forecasts. The report also discusses about the market growth inhibitors impacting Japan’s overall ICT market. Its sheds focus on enterprise ICT budget allocations and ICT revenue opportunity covering 18 solution areas, segmental analysis, vertical analysis, as well as review of key macroeconomic and regulatory trends, and government initiatives. The report also includes a brief profile on some of the key ICT vendors within the country.

The country intelligence provides information and insights into ICT budget allocations and ICT revenue opportunity by enterprises in Japan

• Overall enterprise ICT revenue opportunity and ICT budget allocations for Japan
• Macroeconomic and regulatory context and government inititiaves
• Insights on Japan's enterprise ICT growth drivers and market trends, basis the ICT Customer Insight Survey and Market Opportunity Forecasts to 2027
• Insights on market growth inhibitors impacting Japan's overall ICT market
• Breakdown of enterprise ICT revenue opportunity by solution areas, end-use verticals and enterprise size band
• Segmental analysis of Japan's enterprise ICT budget allocations and ICT revenue opportunity - hardware, software and services
• Insights on ICT technology spending priorities of enterprises on key solution areas in Japan
• Company snapshot

Scope

• The ICT market in Japan is propelled by the country’s focus on digital transformation coupled with increasing investments in R&D among businesses and government agencies, which call for deployment of range of ICT solutions.
• Japan’s overall ICT market was pegged at $300.4 billion in 2022 and is expected to grow at a CAGR of 8.4% during 2022-2027 to reach $449.6 billion in 2027.
• The ICT decision makers survey reveals a positive outlook for enterprise ICT spending in Japan, with a majority of respondents, about 68.3% from the country, claiming that there has been an increase in the enterprise ICT budget in 2023 compared to 2022.
• Internet of Things can be regarded as the most attractive market in Japan leveraging IoT, sensor technologies, AI, and network. These technologies are primarily used across industries, irrespective of company size to enhance business efficiency and reduce costs. The revenue opportunity for IoT in Japan was pegged at $47.8 billion in 2022 and is estimated to grow at a CAGR of 12% between 2022-2027.
• The Manufacturing sector is the largest independent end-use vertical segment for the ICT market in Japan in terms of revenue contribution, and it will remain so over the forecast period. ICT revenue from the Manufacturing sector reached $36 billion in 2022 and is set to grow up to $53.3 billion in 2027 at a CAGR of 8.2%.

Reasons to Buy

• This Country Intelligence Report is based on the IT Customer Insight Survey carried out annually covering key ICT decision makers from enterprises across various industry verticals in Japan and the Market Opportunity Forecasts to 2027, to offer a thorough, forward-looking analysis of Japan’s enterprise ICT investment priorities and ICT revenue opportunity market.
• Accompanying the IT Customer Insight Survey and Market Opportunity Forecasts to 2027, the report examines the assumptions and drivers behind ongoing and upcoming trends in Japan’s enterprise ICT market.
• The report offers a thorough analysis of enterprise ICT investment trends and how it has changed this year compared to previous year.
• The report also presents an analysis of enterprise ICT budget allocations by various spending areas, business functions and product/service categories and how they have changed this year compared to previous years.
• The report also presents an analysis of enterprise ICT revenue opportunity by various solution areas, enterprise size band, end-use verticals, and segment over the forecast period 2022-2027.
• With more than 50 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides insights in a concise format to help executives build proactive and profitable growth strategies.
• The report provides an easily digestible market assessment for decision-makers built around research gathered from the local IT decision makers, which enables executives to quickly get up to speed with the current and emerging trends in enterprise ICT investment priorities.