Private investments in the Japanese information technology (IT) market were estimated at a size of 14.16 trillion Japanese yen in fiscal year 2022. Due to the replacement of existing systems, new legal requirements, such as the Electronic Book Preservation Act and a new invoice system, and ongoing digitalization, the market grew by about 610 billion yen compared to the previous year. It was expected that private IT investments would grow further and reach a value of more than 15.5 trillion yen by fiscal year 2025.
Value of private investments in the information technology (IT) market in Japan from fiscal year 2019 to 2022 with a forecast until 2025
(in trillion Japanese yen)
fiscal year 2019 to 2022; 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, offline services (maintenance, operation management, outsourcing, etc.) and online services (ASP, cloud, etc.); IT investments by public sector (government agencies or local governments) and small-size business entities are excluded
Supplementary notes
*Forecast.
100 Japanese yen equal 0.66 U.S. dollars or 0.61 euros as of April 2024.
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Yano Research. (November 28, 2023). Value of private investments in the information technology (IT) market in Japan from fiscal year 2019 to 2022 with a forecast until 2025 (in trillion Japanese yen) [Graph]. In Statista. Retrieved November 01, 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 2019 to 2022 with a forecast until 2025 (in trillion Japanese yen)." Chart. November 28, 2023. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/701138/japan-private-it-market-investments/
Yano Research. (2023). Value of private investments in the information technology (IT) market in Japan from fiscal year 2019 to 2022 with a forecast until 2025 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: November 01, 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 2019 to 2022 with a Forecast until 2025 (in Trillion Japanese Yen)." Statista, Statista Inc., 28 Nov 2023, 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 2019 to 2022 with a forecast until 2025 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/701138/japan-private-it-market-investments/ (last visited November 01, 2024)
Value of private investments in the information technology (IT) market in Japan from fiscal year 2019 to 2022 with a forecast until 2025 (in trillion Japanese yen) [Graph], Yano Research, November 28, 2023. [Online]. Available: https://www.statista.com/statistics/701138/japan-private-it-market-investments/
