Japan It Services Market Size & Outlook, 2023-2030
Japan it services market, 2017-2030 (US$M)
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Japan it services market highlights
- The Japan it services market generated a revenue of USD 70,224.4 million in 2023 and is expected to reach USD 136,808.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, reactive it services was the largest revenue generating approach in 2023.
- Proactive IT Services is the most lucrative approach segment registering the fastest growth during the forecast period.
It services market data book summary
| Market revenue in 2023 | USD 70,224.4 million |
| Market revenue in 2030 | USD 136,808.5 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Reactive it services |
| Fastest growing segment | Proactive IT Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reactive IT Services, Proactive IT Services |
| Key market players worldwide | Amazon.com Inc, Avaya, Cisco Systems Inc, DXC Technology Co Registered Shs When Issued, Fortinet Inc, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Juniper Networks Inc, Microsoft Corp, Broadcom Inc, Oracle Corp |
Other key industry trends
- In terms of revenue, Japan accounted for 5.2% of the global it services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China it services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 166,425.9 million by 2030.
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IT Services Market Scope
IT Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan it services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to it services market will help companies and investors design strategic landscapes.
Reactive it services was the largest segment with a revenue share of 55.32% in 2023. Horizon Databook has segmented the Japan it services market based on reactive it services, proactive it services covering the revenue growth of each sub-segment from 2017 to 2030.
Major government initiatives in this area are boosting market expansion. For instance, as part of its fundamental strategy to encourage digitization, the Japanese government declared in June 2022 that it would increase wireless networks to reach 99% of the population by the end of 2030 and complete the installation of undersea cables over the entirety of Japan by the end of 2025.
In addition, in October 2022, Google declared it would open its first data center in Japan by 2023. The data center would boost employment and economic activity, speed up access to the company's goods and services, and link Japan to the rest of the world's digital economy.
In November 2022, Accenture announced the acquisition of Albert Corporation, a Japanese data science company that will strengthen Accenture's position to assist clients in reinventing their businesses using artificial intelligence and data and will boost the competitiveness and growth of Japanese companies.
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Target buyers of Japan it services market databook
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Our clientele includes a mix of it services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan it services market , including forecasts for subscribers. This country databook contains high-level insights into Japan it services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Japan it services market size, by approach, 2017-2030 (US$M)
Japan IT Services Market Outlook Share, 2023 & 2030 (US$M)
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