Growth and Recent Trends in Japan’s IT Industry

Growth and Recent Trends in Japan’s IT Industry

Nominal GDP of the IT Industry and Its Share of the Overall Economy

• In 2022, the nominal GDP of Japan’s IT industry was 54.7 trillion yen, accounting for 10.1% of all industries.

• In 2012, the IT industry’s nominal GDP was 45.7 trillion yen, making up 9.3% of all industries.

• Over the past 10 years, the IT industry has steadily grown, increasing its presence within the overall economy.

Features and Technological Innovation in the IT Industry

• A key feature of the IT industry is that new technologies are constantly emerging and developing at a rapid pace.

• In recent years, AI technology advancements have been especially noteworthy.

The Growth of AI Technology and Its Impact

• Automation with AI: Advanced tasks that used to require human effort—such as generating illustrations, composing text, and analyzing data—can now be automated with AI.

• As a result, ways of working and industrial structures are said to be changing significantly.