This is a best prospect industry sector for this country. Includes a market overview and trade data.
Japan remains at the top of the global cloud services market, ranked third by the U.S. Department of Commerce in its Top Markets Report on Cloud Computing. As the leading cloud market in the Asia Pacific and Japan (APJ) region, Japan is poised for continued growth through 2018. BSA, The Software Alliance ranked Japan as the number two market in its 2018 Global Cloud Computing Scoreboard, a global report to rank countries’ preparedness for the adoption and growth of cloud computing services. Japan’s comprehensive suite of modern laws, as well as privacy legislation, contributed to its high ranking, as these factors support and facilitate the digital economy and cloud computing. Further, Japan has one of the most extensive broadband fiber deployments with the largest number of fiber users in the world. This factor also contributed positively to Japan’s overall ranking position.
International Data Corporation Japan (IDC) predicts the size of the total public cloud services market is $6.0 billion – an increase of 27.2% over the previous year. Japan’s private cloud services market size accounted for $3.8 billion in total, which was an increase of 40.6% from the previous year.
Analysts project that from 2018 to 2023, the public cloud services market in Japan will grow nearly 20.4% annually. The market size is expected to grow to be approximately $15.4 billion in 2023, which is 2.5 times of the market size in 2018. As for the prediction of private cloud services market size from 2017 to 2022, annual growth is expected to be 37.6%. Driving this estimate is the increasing adoption of cloud services by Japanese small and medium-sized enterprises. Japan’s cloud services market expansion is the product of direct private and public investment in ICT infrastructure and a commitment to cloud services by the government.
Japan IT week, Tokyo
Fall: October 23-25, 2019
Osaka: January 29-31, 2020
Spring: April 8-10, 2020
October 15-18, 2019
U.S.A Showcase organized by U.S. Commercial Service Japan
November 13-15, 2019
SEMICON Japan, Tokyo December 11-13, 2019
The American Chamber of Commerce in Japan and its ACCJ Digital Economy Committee actively advocates on important policy issues.
CS Japan Contact
Ms. Akiko Sugiura, Commercial Specialist