target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: Market Forecast - Doc Document number: # JPE50870824
Japan IT Services Forecast by Vertical Segment, 2024–2028
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Abstract
This IDC Market Forecast covers the overview and trends of the Japan IT services market. It analyzes user companies by 18 industry segments (subcategories), as well as IT services spending by 6 industry segments (main categories), and 3 service segments (subcategories). We predict the market size and growth rate for each market segment from 2024 to 2028. Moreover, the report adds IDC recommendations for service vendors. IDC expects the market to remain strong during the forecast period from 2024 to 2028, supported by active demand from domestic companies seeking to digitalize their businesses in both the modernization of existing systems and systems for creating new digital innovations.
Takuya Uemura, group manager of Software and Services at IDC Japan, said, "Japan companies are modernizing their existing systems and increasing investments in new systems that will create digital innovation in order to digitalize their businesses across the board. At the same time, spending on traditional IT continues to decline. IT service vendors are not only busy responding to increased demand, but they also need to actively transform their business portfolios to adapt to these market changes."
This is the English translation of the Japanese document number JPJ50709924.