PUBLISHER: IDC | PRODUCT CODE: 1577757
PUBLISHER: IDC | PRODUCT CODE: 1577757
Japan Digital Twins Forecast, 2024-2028
This IDC study provides a forecast of the market size of the Japan digital twin-related market, as well as market forecasts for the three subdomains: product engineering (PE), operational technology (OT), and "Other," as well as by industry sector. In addition, we provide market forecasts for non-ICT industry sectors related to digital twins."One of the reasons why digital investment in the industrial sector is difficult is that the solutions do not meet the flexibility and practicality that customers require; for example, teaching robots is time-consuming. IT/OT vendors promoting digitalization in the industrial sector should utilize AI technology to increase the flexibility and practicality of their solutions. The future competition for industrial solutions will depend largely on how well AI can be used to improve flexibility and practicality," says Ono Yoko, research manager, Software and Services, IDC Japan.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
- Japan Digital Twin-Related Expenditure
- Japan Digital Twin-Related ICT Expenditure by Industry
Market Context
- Drivers and Inhibitors
- Drivers
- Increasing Need for Data-Driven Decision-Making
- Advancement and Maturity of Digital Technology
- Increasing Achievements and Application to Other Fields
- Inhibitors
- Differences in the Level of Interest among Companies in the Value Chain
- Lack of Commitment to Process Change
- Drivers
- Significant Market Developments
- More Companies Are Focusing on Digital Twins
- IT/OT Convergence through Collaboration between IT and OT Vendors
- Worsening Labor Shortage Due to Restrictions on Overtime Work and Others
- Changes from Prior Forecast
Market Definition
- Digital Twin-Related Market
- Market Definition
- Definition of the Digital Twin-Related Market
- Product Engineering, Operational Technology, and "Other" Categories
- Division between ICT and Non-ICT (Industrial Domain)
- Market Forecasts Provided in This Report
Methodology
Related Research
