Research and Markets : ICT Spending Is Likely To Grow Impressively, With Emerging Markets In Eastern Europe And Asia Leading The Way.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c48872) has announced the addition of "Country Industry Forecast - Political & Policy Analysis for the Japanese Information and Communication Technologies Industry" to their offering.

The global information and communications technology (ICT) industry has provided the supporting infrastructure for economic growth across the world in the last decade. Despite the downward trend in the industry following the dot com crash, the ICT industry continues to show enormous potential. ICT is a vital component of the infrastructural support for the development of any economy. Global trends in telecommunications indicate a shift toward open access, and the creation of a healthy competitive environment. Companies are likely to continue outsourcing IT services, mainly to India, but with increasing bids from Russia, the Philippines, Ireland, and Japan.

ICT spending is likely to grow impressively, with emerging markets in eastern Europe and Asia leading the way. Shares of IT and telecommunications were almost equally important in the total ICT spending, with the governments and businesses accounting for over three quarters of the total ICT spending. The political establishment plays a critical role in prioritizing this industry. General economic policies greatly affect this demand-driven industry and greater industry-specific infrastructural developments provide an added impetus.

The Japanese ICT industry accounted for 8.6 percent of the gross domestic product (GDP) and 6.8 percent of all employment in 2005. The Japanese Government is playing an active role in facilitating the steady recovery of the ICT industry by implementing favourable general economic policies, increasing spending on science and technology, and persisting with tax as well as tariff reforms to aid ICT investments. Its prioritization of the IT and telecommunications industries has spurred growth, while de-regularization has increased competition. The Government hopes to make Japan a major ICT hub by 2010 and it strongly supports ICT innovation by creating an environment conducive to research and development and improving the ICT infrastructure. It also rolls out annual programs to increase the diffusion and use of ICT technologies.

Frost & Sullivan Information and Communication Technologies Country industry Forecast provides vital inputs for evaluating the attractiveness of a country and its ICT industry. Besides enabling decision makers to assess the impact of non-market forces, it also helps in identifying new market opportunities. This research service provides a strong base for preparing contingency plans. In addition, investors can assess industry-specific risk factors as well as conduct a more in-depth micro research.

Benefits of this Service

Identify New Market Opportunities

The future trends of the political and policy environment of Japan have been analyzed along with their impact on the ICT industry. This analysis will provide valuable information to industry participants on market opportunities in specific segments of the industry in Japan.

Understand Future Industry Trends

The study gives an insight into the Japanese ICT market and discusses its dependence on the prevailing political and policy scenario and forecasts the future political and policy environment. This will enable industry participants to gauge the future direction of the market, enabling them to devise appropriate market strategies to improve market share.

Understand Policy and Regulatory Environment

A detailed analysis of the policy and regulatory framework of Japanese ICT industry is discussed in the study. This provides insights into the regulatory environment as it exists and the future direction of the same. This is particularly beneficial in the case of the telecommunications industry, as the regulations form an important criterion for industry performance.

Devise Country Entry Strategies

The study provides valuable information and analysis of the strengths and weaknesses of the political and policy environment of Japan that are relevant to the ICT industry. This is particularly useful in devising country-specific strategies.

Evaluate Industry Segment Potential

This study offers detailed coverage of political issues affecting the industry. It provides both country and industry trends, forecasts for major variables, and is an excellent tool for companies that plan to enter new geographic markets. This will help corporate planners in developing accurate business plans and enhance credibility to planning company resources.

For more information, visit http://www.researchandmarkets.com/reports/c48872