Private investments in the Japanese information technology (IT) market were estimated at about 15 trillion Japanese yen in fiscal year 2023. Due to factors such as the replacement of existing systems, new legal requirements, such as the Electronic Book Preservation Act and a new invoice system, and an ongoing migration to cloud services, the market grew by 6.3 percent compared to the previous year. It was expected that private IT investments would grow further and reach a value of 17.1 trillion yen by fiscal year 2026.
Value of private investments in the information technology (IT) market in Japan from fiscal year 2020 to 2023 with a forecast until 2026
(in trillion Japanese yen)
fiscal year 2020 to 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
market size based on IT investments at domestic private enterprises (including hardware, software, managed service/outsourcing services for maintenance and operations, online services like ASP/cloud, access charges, consulting, etc.); IT investments by the public sector (government agencies and local governments) and small-scale private businesses are excluded
Supplementary notes
*Forecast.
100 Japanese yen equal 0.67 U.S. dollars or 0.63 euros as of December 2024.
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Yano Research. (December 2, 2024). Value of private investments in the information technology (IT) market in Japan from fiscal year 2020 to 2023 with a forecast until 2026 (in trillion Japanese yen) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/701138/japan-private-it-market-investments/
Yano Research. "Value of private investments in the information technology (IT) market in Japan from fiscal year 2020 to 2023 with a forecast until 2026 (in trillion Japanese yen)." Chart. December 2, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/701138/japan-private-it-market-investments/
Yano Research. (2024). Value of private investments in the information technology (IT) market in Japan from fiscal year 2020 to 2023 with a forecast until 2026 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/701138/japan-private-it-market-investments/
Yano Research. "Value of Private Investments in The Information Technology (It) Market in Japan from Fiscal Year 2020 to 2023 with a Forecast until 2026 (in Trillion Japanese Yen)." Statista, Statista Inc., 2 Dec 2024, https://www.statista.com/statistics/701138/japan-private-it-market-investments/
Yano Research, Value of private investments in the information technology (IT) market in Japan from fiscal year 2020 to 2023 with a forecast until 2026 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/701138/japan-private-it-market-investments/ (last visited December 23, 2024)
Value of private investments in the information technology (IT) market in Japan from fiscal year 2020 to 2023 with a forecast until 2026 (in trillion Japanese yen) [Graph], Yano Research, December 2, 2024. [Online]. Available: https://www.statista.com/statistics/701138/japan-private-it-market-investments/
