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The following is the Japan’s IT market will drop by 6.3% year on year in 2020 From IDC Japan recommended by recordtrend.com. And this article belongs to the classification: cloud computing, original, Hardware equipment industry.
IDC Japan announced the update of Japanese IT market forecast. In 2020, Japan’s IT market is expected to drop by 6.3% over the previous year to 17116.2 billion yen.
Although the domestic economy was seriously affected by the spread of cowid-19, the supply chain turmoil in the manufacturing industry has now subsided. The food and beverage / accommodation / transportation industry is heavily affected by the covid-19. Through economic measures, the Japanese government aims to balance economic activities and prevent infection. However, until there are signs that the infection will spread again and effective vaccines and treatments are widely used by the public, this situation is still unpredictable.
By product, software and IAAs (infrastructure as a service) are affected by subscription mode and collaboration tool demand brought by telecommuting, and are relatively less affected by covid-19. On the other hand, the demand for servers is recovering.
By industry, except for education, the impact of cowid-19 led to negative growth in all industries. The industries with particularly serious impact include manufacturing, distribution, transportation, personalized service and construction. IDC Japan believes that the impact on financial, medical and government institutions is relatively small, especially in the field of education. The industry is expected to recover as soon as possible due to the deployment of Giga school compatible PCs and the acceleration of the development of wireless LAN environment in schools.
Japan’s IT market will recover in 2021, with a year-on-year growth of 2.9%. However, it expenditure is expected to return to the level before covid-19 after 2022. The average annual growth rate (CAGR) from 2019 to 2024 is estimated to be 1.2%, and the size of Japan’s IT market is estimated to be 19360.1 billion yen in 2024.
Read more: synergy research: Microsoft’s corporate IT revenue has increased by 150% over the past decade IDC Japan: covid-19, 2019, the Japanese IT market will reach 157604 billion yen IDC: the Japanese data center will invest 150 billion 200 million yen IDC in 2018. It is estimated that the market of the Japanese public cloud connected WAN services will reach 21 billion 500 million yen IDC in 2022. The expected middle market in Japan will reach 655 billion 938 million yen IDC: 2021, Japan’s storage market will reach 143 billion 186 million yen IDC: the new crown will be hit by the new market. IDC Japan: the scale of public cloud service market in Japan will reach 6 in 2018, JPY 66.3 billion IDC: in 2017, Japanese enterprises spent JPY 172.98 billion on storage IDC: in 2017, Japan sold 490000 portable laptops IDC Japan: in 2018, Q3, Japan shipped 7.45 million mobile phones IDC: in 2022, Japan’s Internet of things market will reach JPY 124634 trillion IDC Japan: in 2017, Japan’s AI market will reach JPY 274760 billion IDC: Top 10 global IT market forecasts in 2019 syne Rgy research: the total revenue of 12 IT suppliers in the past decade has exceeded 23 billion US dollars
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