target audience: TECH SUPPLIER Publication date: Aug 2024 - Document type: Market Share - Doc Document number: # JPE51506224
Japan Analytics and AI Software Market Shares, 2023: Impactful Tide Caused by Generative AI
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Abstract
This IDC study provides vendor share analysis and considerations for the Japan analytics/AI platform market in 2023. The market is continuously growing because of an increasing number of users using advanced business analytics, which is the basis of all digital business activities, and GenAI via application programming interfaces (APIs).
While the top vendors in the Japan market continue to maintain strong influence, GenAI's technology has steadily advanced, and its products and services are being rapidly commercialized and adopted by users. IT suppliers are also users of GenAI, and at the same time, they are receiving increasing inquiries from customers who have expectations and needs for new technology. IT suppliers themselves will have to grapple with technical resource shortages, security, and legal and ethical issues related to AI in the long term, thus they are seeking new directions. "The market is a mixture of existing and emerging vendors. Looking at the market, lower prices and improved service quality due to competition bring many benefits to users, resulting in accelerated innovation. IT suppliers are being asked to go beyond their competitors and present a safe utilization scheme for AI," says Nobuko Iisaka, research manager, Software and Services, IDC Japan.
This is the English translation of the Japanese document IDC #JPJ51505924.