The Japan Data Center Market is expected to register a CAGR of 3.7% over the forecast period 2020 to 2025. Japan has a strong presence as a regional Asian data center provider and is a global financial and corporate hub and one of the most active growing digital markets globally. The listing of international businesses into the country drives huge data usage due to the prolonged usage of applications and platforms such as big data, data analytics, and artificial intelligence. Artificial Intelligence (AI) plays a role in IoT application deployments like AI-based security and privacy of IoT devices, edge computing of IoT devices, and more.
– Japan is a data center powerhouse containing many data center clusters offering many colocation opportunities, with 147 data centers, 183 service providers, and four network fabrics throughout the country, according to Cloudscene Inc. The primary colocation markets are Osaka, Tokyo, and Nagoya. According to the Ministry of Internal Affairs and Communications (Japan), the internet penetration rate in Japan reached roughly 90% in 2019. More than 99% of the population aged between 20 and 29 years had to access the internet.
Click Here to Download Sample Report >> https://www.sdki.jp/sample-request-90480
Key Market Trends
Growing Demand for Cloud Computing is Boosting the Market Growth
– Cloud computing in Japan is well established and has been continuously evolving. Public and private cloud models are both standards in Japan. A current trend within the private cloud model is the growing usage of the ‘community cloud,’ where a limited number of companies share a private cloud. Japan has more cloud-ready fortune 2000 businesses than any market outside the United States. Japan is the world’s second-largest enterprise software market.
– According to a survey by the Ministry of Internal Affairs and Communications (Japan) in 2018, close to 53% of business enterprises in Japan stated that they used cloud computing services for file storage and data sharing and around 33% said that they already implemented cloud computing in all of their departments. More than 50% of the surveyed companies used cloud-based email services during the measured period.
– Nearly all primary hosting and cloud providers globally have built a presence in Japan. To encourage collaboration between the government, industry, and academia in cloud computing services, the MIAC, the Ministry of Economic, Trade, and Industry (METI) and the Ministry of Agriculture, Forestry and Fisheries, have established the Japan Cloud Consortium.
– International cloud computing providers in Japan include Microsoft, Amazon.com, Google, and IBM for both public and private cloud computing services. In Japan, local cloud computing providers include NTT DATA Corporation, NTT Communications Corporation, KDDI Corporation, NEC Corporation, Fujitsu Limited, and Internet Initiative Japan Inc.
BFSI to Have a Dominant Position in the Market
– Data centers are considered the backbone of banking and financial services in Japan. Hyper-converged infrastructures are the reasons for a better approach to building, designing, and managing banking data centers.
– The increasing implementation of regulatory standards, coupled with the rise in the adoption of cloud-based security solutions and increasing modes of online payments due to high internet penetration, is expected to give rise to advanced security solutions in Japan. According to a Cint survey, 72.41% of respondents in Japan stated they are using an internet bank.
Japan Data Center Market
Netherlands Data Center Market
Big Data Engineering Services Market
Data Historian Market
Customer Information System Market
Active Network Management Market
Optical Wavelength Services Market
Digital Badges Market
Used and Refurbished Smartphone Market
Intelligent Network Market
