Japan: private IT investment market YoY growth 2022

The investment volume in the private information technology (IT) market in Japan grew by more than three percent in fiscal year 2019 on a year-to-year basis. The market size during that year amounted to almost 12.9 trillion Japanese yen.

Year-on-year change of the investment volume in the private information technology (IT) market in Japan from fiscal year 2016 to 2019 with a forecast until 2022

Characteristic	Year-on-year change
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Release date

November 2020

More information

Region

Japan

Survey time period

fiscal year 2016 to 2019; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Special properties

IT investment at domestic private enterprises (including hardware, software, and services)**

Supplementary notes

*Forecast.

**Hardware, software development from scratch, software package introduction and customization, outsourcing services for maintenance and operations, online services for ASP/cloud, access charges, consulting, etc.

The source defines the growth rate as change from the previous fiscal year, with the previous year's result indexed at 100. Values have been modified accordingly.

The size of the IT investment market at domestic private enterprises is calculated based on the amount of investment in IT at domestic private enterprises, information based on surveys by the Ministry of Economy, Trade and Industry (METI), and Ministry of Finance (MOF), as well as the results of a survey conducted by the source regarding the IT investment of domestic companies. The survey sampled 565 domestic private companies and was conducted from July to September 2020 using mailed and online questionnaires.

100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.

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