Japan 3rd Platform Forecast by Vertical Segment and Company Size, 2024-2028

This IDC study classifies domestic industries into 21 industry sectors, including 17 categories of businesses, and 4 categories of nonbusiness: central government, local governments, education, and consumers. It also presents the actual (2023) and forecast (2024-2028) 3rd Platform spending in each sector. Likewise, the document analyzes the market across five employee size segments and provides forecast data for 3rd Platform spending by industry vertical and employee size. The market forecasts used in this document take into account the impact of regional conflicts in Ukraine and Israel, as well as economic trends such as inflation and the weak yen.In the construction and transportation industries, caps on overtime work, which had been waived because of issues with the nature of work and trade practices, would come into effect in April 2024. Ko Shikita, research manager at Verticals and Cross Technologies, IDC Japan, said, "For these businesses, it is likely that awareness of reducing overtime hours will increase not only among onsite workers but throughout the company. IT suppliers should review their solutions, including those that previously had the primary objectives of reducing costs and ensuring safety, from the perspective of contribution to reducing overtime hours, and seek to expand opportunities for the employee experience solutions business."This is the English translation of the Japanese document #JPJ52028024.