NEC Corp.

Company Snapshot

Founded: 1899
Entity Type: Public
Employees: 105246
Region: Japan
Revenue: $24,093.9 Millions
Revenue Year: 2023
Segment: IT Services
Headquarter: Tokyo , Japan
Key Geographics: Japan, North America, Latin America, Europe, Middle East and Africa, Asia-Pacific, China, East Asia
Corporate Address: 7-1, Shiba 5-chome, Minato-ku, Tokyo 108-8001 Japan Tel. +81-3-3454-1111 www.nec.com

Company Overview

NEC Corporation operates in five major segments: public solutions, public infrastructure, enterprise, network services, and global. NEC Corporation’s product portfolio comprises servers, equipment, and network systems for telecom carriers, ATMs, storage devices, broadcasting video systems, supercomputers, personal computers, tablet terminals, aerospace systems, fire and disaster prevention systems, and software. NEC Corporation also offers electronic components and products such as lithium-ion rechargeable batteries, LCD panels and lighting equipment. NEC Corporation serves aviation, aerospace, healthcare, agriculture, retail, broadcasting, logistics, finance, government, hospitality, manufacturing, transportation, and telecom industries. NEC Corporation manage its global operations based on geographic segments, consisting of North America, Latin America, Europe, Asia-Pacific, China, East Asia, Middle East and Africa.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
Operating Income: ***

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NEC Corp. In Reports

Smart Transportation: Technologies and Markets

BCC Research Market Analyst says global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029.

Global Private 5G Network Market

BCC Research Market Analyst says private 5g network market is projected to reach $22.2 billion by 2029, growing at a CAGR of 46.8%.

Smart Parking Technologies and Global Markets

BCC Research Market Analyst says global market for smart parking technologies is expected to increase from $38.7 billion in 2023 to $88.8 billion by the end of 2028 with a CAGR of 18.1%.

Company's Business Segments

  • IT Services : Systems Integration, Systems Implementation, Consulting, Maintenance, Support Outsourcing, Cloud Services, System Equipment Software Services.
  • Social Infrastructure : Telecommunications Services, Network Infrastructure, Core Network, Mobile Phone Base Stations, Optical Transmission Systems, Submarine Systems, Software and Services for Telecom Operators, Aerospace, Defense, System Equipment, Systems Integration, Systems Implementation, Consulting, Support, Maintenance.
  • Others : Healthcare, Life-related Businesses, Consolidated Domestic Subsidiaries.

Applications/End User Industries

  • Healthcare
  • Telecommunications
  • Aerospace
  • Defense
  • Systems Integration
  • Systems Implementation
  • Consulting
  • Maintenance
  • Support Outsourcing
  • Cloud Services
  • System Equipment Software Services
  • System Equipment
  • Network Infrastructure
  • Mobile Phone Base Stations
  • Optical Transmission Systems
  • Submarine Systems
  • Life-related Businesses