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The Japan ICT market attained a value of around USD 336.88 Billion in 2024. The market is projected to grow at a CAGR of 8.20% between 2025 and 2034 to reach nearly USD 740.88 Billion by 2034.
Base Year
Historical Year
Forecast Year
Japan accounts for over 7% of global production of computers and electronic goods.
Japan’s digital advertising market recorded a y-o-y increase of 32.7% and became the world’s largest in 2021.
In 2020, video content accounted for 60% of Japan’s content market.
Value in USD Billion
2025-2034
Japan ICT Market Outlook
*this image is indicative*
Japan ICT Market Report Summary | Description | Value |
Base Year | USD Billion | 2024 |
Historical period | USD Billion | 2018-2024 |
Forecast Period | USD Billion | 2025-2034 |
Market Size 2024 | USD Billion | 336.88 |
Market Size 2034 | USD Billion | 740.88 |
CAGR 2018-2024 | Percentage | XX% |
CAGR 2025-2034 | Percentage | 8.20% |
CAGR 2025-2034 - Market by Type | BFSI | 9.3% |
CAGR 2025-2034 - Market by End Use | Small and Medium Enterprises | 10.3% |
In 2020-21, sales of the telecommunication sector in Japan reached 15.2405 trillion yen, recording a year-on-year growth of 2.5%. The number of fixed-line broadband subscriptions surged by 2.7% year-on-year and reached 48.83 million people. The subscription to ultrafast mobile broadband networks for 5G smartphones reached 45.02 million, and those with broadband and wireless access witnessed a 5.3% surge in their subscription usage. The number of people with mobile communication subscriptions was over 12 times higher than those with fixed communication subscriptions in 2021-22.
In 2021, the number of Japanese radio stations surged by 5.4% and reached 291.98 million. Besides, semiconductor production in Japan recorded a year-on-year growth of 29.6% in 2021 and reached a value of 741.2 billion yen. It exported nearly 9.5-million-yen worth of semiconductors in 2021, with discrete semiconductors constituting the largest share in shipment size.
In Japan, the demand for e-books, videos, and music surged by 18.4% and reached a value of 1.0171 trillion yen. The number of active Facebook users in Japan reached 2.9 billion in January 2022, which was reported to be the highest in the world. The rapid digitalisation of the Japanese economy is expected to prompt a surge in digital payments, which is currently on the same level as Europe.
Japan ICT Market Report and Forecast 2025-2034 provides an in-depth analysis of the different market segments mentioned below:
Market Breakup by Type
Market Breakup by Enterprise Size
Market Breakup by Industry Vertical
CAGR 2025-2034 - Market by | End Use |
Small and Medium Enterprises | 10.3% |
Large Enterprises | XX% |
CAGR 2025-2034 - Market by | Type |
BFSI | 9.3% |
IT and Telecom | 8.8% |
Government | XX% |
Retail and E-Commerce | XX% |
Manufacturing | XX% |
Others | XX% |
Based on industry vertical, the market is divided into manufacturing, energy and utilities, IT and telecom, government, BFSI, and retail and e-commerce, among others. Over the forecast period of 2025-2034, the BFSI sector is projected to grow at a CAGR of 9.3% as Japan accelerates the adoption of digital payment infrastructure.
Market players are attempting to develop energy-efficient and high-performance semiconductors, which is driving the market expansion.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at nearly USD 336.88 Billion in 2024.
The market is projected to grow at a CAGR of 8.20% between 2025 and 2034.
The market is assessed to witness healthy growth in the forecast period to reach around USD 740.88 Billion in 2034.
The different ICT types considered in the report include hardware, software, IT and infrastructure services, and telecommunication services.
The different sizes of enterprises in the market include small and medium enterprises and large enterprises.
The different industry verticals in the market include BFSI, IT and telecom, government, retail and e-commerce, manufacturing, and energy and utilities, among others.
The key market players are IBM Corp., Microsoft Corp., Sony Group Corp., Fuji Soft Inc., NTT Data Group Corp., Salesforce Inc., Fujitsu Ltd., Hitachi Ltd., NEC Corp., and TIS Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Enterprise Size |
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Breakup by Industry Vertical |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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