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The Japan ICT market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the market to continue its moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the Japan ICT market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on spending and technology.
Breakup by Spending:
Breakup by Technology:
Breakup by Region:
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).
|Base Year of the Analysis||2020|
|Segment Coverage||Spending, Technology, Region|
|Region Covered||Kanto, Hokkaido, Tohoku, Chubu, Kinki/Kansai, Chugoku, Shikoku, Kyushu (incl. Okinawa)|
|Companies Covered||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)|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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