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Increasing Adoption of Cloud-based SCM Services Hinders Uptake of On-premise SCM Services
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Japan was the largest SCM market in Asia-Pacific in 2018; it is expected to remain the chief revenue contributor over the next 5 years. The Web security segment is anticipated to lead the Japanese SCM market during the forecast period, while e-mail security solutions are likely to record marginally slower adoption than expected. e-mail’s slow growth could also be attributed to its maturity.The competitive landscape is dominated by local vendors such as Digital Arts and Alps System, which have a well-established market presence. These accounted for close to half of the market share in 2018. Foreign vendors find it difficult to compete in the Japanese SCM market.
The study period is from 2019 to 2023, and the base year is 2018. SCM solutions are the key area of focus and they cover e-mail security and Web security. Vertical segmentation is as follows: government, banking, financial services, and insurance (BFSI), service provider, manufacturing, education, and other sectors (pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, IT/ITES, and BPO). Horizontal segmentation covers large businesses and small and medium businesses.
Important companies in the Japanese SCM market include Digital Arts, Alps System, Trend Micro, Symantec, Cisco (IronPort), Canon IT Solutions, imatrix, McAfee, Barracuda, and Fortinet.
The study highlights important market growth drivers and restraints. Key drivers include the constantly evolving risks that drive the need for e-mail and Web security solutions, the stringent security and privacy requirements that push organizations to invest in on-premise security solutions, and the need for productivity management that drives enterprises to invest in these solutions.
Key Issues Addressed
Author: Niihara Tetsuya
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