The Japanese IT industry includes a wide range of different sectors, such as computer hardware, software, electronics, semiconductors, Internet, telecoms equipment, e-commerce and computer services. Information technology is widely recognised as a great resource for the service sector because it improves operational efficiency and transparency and also creates opportunities for new and developing markets. The Japanese IT industry is a key driver of global economic growth.
Although Japan has lost its once-dominant position in the global IT industry and is facing increasing competition from foreign firms, Japanese companies still have a significant global presence and respected reputation. Efforts are being made by Japanese IT giants and by the government to make the necessary reforms to Japan’s IT sector in order to restore it to its former glory.