Intensifying Competition in the Local Government Market
First written in FY2021. 1 of 2 entries say "Worsened", first in FY2023. Latest entry: FY2023.
The whole theme swung hardest in 2026: 29 of 93 companies on the "Worse" side.
- FY2023WorsenedAnnual report
「In the business segment serving local governments, profitability may decline as competition intensifies and system development burdens increase due to the government's Government Cloud initiative and system standardization.」
In addition to intensifying competition in the local government market, the increased development burden and potential decline in profitability resulting from Government Cloud and system standardization were explicitly identified. - FY2021First statedAnnual report
「Looking at business and vendor trends serving local governments, companies from other industries and emerging companies have been entering the market one after another in the digitalization of government services. Competition among companies in the local government market has consequently intensified further, ushering in a challenging period in which only system suppliers capable of responding flexibly and promptly to changes in the business environment will survive.」
Competition in the local government market has intensified further as companies from other industries and emerging companies have entered the market.