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Cloud platform services (Iaas/PaaS) market size in Japan 2017-2023

The domestic cloud platform services (Iaas/PaaS) market in Japan was estimated at 780 billion Japanese yen in 2019. The source pointed out that an increasing adoption by financial services, such as insurance and securities companies, was observed during that year. The market was expected to grow at an annual compound growth rate (CAGR) of 25.4 percent from 2017 to 2023, reaching a size of around 1.67 trillion yen by 2023. An increasing utilization of cloud services by the public sector was anticipated for the coming years.

Sales value of the domestic cloud platform services (Iaas/PaaS) market in Japan from 2017 to 2019 with a forecast until 2023

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Source

In cooperation with
Yano Research
Release date

May 2020

Region

Japan

Survey time period

2017 to 2019

Special properties

based on sales at businesses

Supplementary notes

*Forecast. Forecasts do not take Covid-19 impact into consideration.

Both IaaS (Infrastructure as a Service) and PaaS (Platform as a Service) in this research indicate a cloud computing environment managed on public cloud (cloud services by service providers) that provides virtualization, automation, and other technologies via internet.
The size of the cloud service market is calculated based on the sales of cloud vendors (service providers). SaaS (Software as a Service) is not included.
Research targets were domestic cloud-service-related vendors (providers of public cloud and its peripheral services), HCI providers, domestic private companies, etc.

1 Japanese yen equals 0.0096 U.S. dollars or 0.0082 euros as of November 2020.

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