PUBLISHER: IMARC | PRODUCT CODE: 1609893
PUBLISHER: IMARC | PRODUCT CODE: 1609893
The Japan ICT market size reached USD 467 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 530 Billion by 2033, exhibiting a growth rate (CAGR) of 1.4% during 2025-2033.
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.
Devices
Software
IT Services
Data Center Systems
Communication
IOT
Big Data
Cloud Computing
Content management
Security
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).