Forecast: Value Added of ICT and Information Services in Japan

The value added of ICT and information services in Japan stood at 13.105 trillion Japanese Yens in 2023. Forecasts for the years 2024 through 2028 show a steady increase, reaching 13.623 trillion Japanese Yens by 2028. This reflects an annual growth rate of approximately 0.82% from 2023 to 2028. Year-on-year variations from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 are expected to be around 0.8%, 0.78%, 0.77%, and 0.75%, respectively.

Future trends to watch for:

  • Adoption of emerging technologies such as AI, IoT, and 5G which may drive further growth.
  • Potential policy changes and economic conditions affecting the ICT sector.
  • Shifts in consumer behavior towards digital and information services.
  • Increased investment in cybersecurity and data protection measures.
  • Global economic conditions and their impact on the Japanese ICT market.

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