Japan Cybersecurity Market Introduction and Overview
According to SPER Market Research, the Japan Cybersecurity Market is estimated to reach USD 5.61 billion by 2033 with a CAGR of 12.1%.
The report includes an in-depth analysis of the Japan Cybersecurity Market, including market size and trends, product mix, applications, and supplier analysis. The Japanese cybersecurity market is a vital component of the nation's digital resilience strategy, employing a comprehensive approach to safeguard computer systems, networks, and sensitive data. In response to the escalating cyber threats and attacks, Japan emphasizes proactive cybersecurity measures, implementing robust security protocols, risk assessments, and continuous monitoring. With a focus on ensuring confidentiality, integrity, and availability of information, the market underscores the significance of user education and awareness. Key features encompass advanced encryption techniques, strong authentication methods, firewalls, and intrusion detection systems, collectively contributing to a secure digital environment in the evolving landscape of cyber threats in Japan.
- On July 2022, Kawasaki Kisen Kaisha, Ltd. (K Line) has announced the debut of an AI-powered cyber security platform. The firm installed Cybereason, a product of Cybereason Japan Corp., and adopted the company's monitoring and analysis service, Cybereason MDR (handled Detection & Response), in order to strengthen cyber security ship-shore communication in the ships that it handled.
- The growing need for zero-trust cybersecurity solutions that safeguard critical infrastructure has led to OPSWAT, the world leader in Critical Infrastructure Protection (CIP) cybersecurity solutions, announcing on April 20, 2023, ongoing commercial expansion and operational success in Japan. This rise is attributed by OPSWAT to their strategic partnership
Market Opportunities and Challenges
The escalating number of cyberattacks in Japan, exemplified by incidents like the Tokyo Olympics breach, has heightened the demand for robust cybersecurity measures. Ransomware attacks, with companies paying significant amounts to safeguard sensitive information, underscore the urgency for enhanced cybersecurity infrastructure. The government's response includes a substantial allocation of over USD 341 million to bolster the capabilities of Japan's Self-Defense Forces in cybersecurity for 2021, indicating a 39.4% increase from the previous year. However, challenges persist with insufficient investments, as cybersecurity funding constitutes only 1% of the total budget, raising concerns about the adequacy of resources to counter cyber threats, especially when compared to potential adversaries like North Korea.
Market Competitive Landscape
Some of the major players in the industry that have been examined in terms of competition are Bankguard, Cisco Systems Inc., Cyber Reason Japan Corporation, Cyber Security Cloud, Inc., Digital Arts Inc., Flatt Security, GMO GlobalSign, Inc., IBM Corporation, internet Initiative Japan, Inc., Keychain, LAC Co. Ltd., NEC Corporation, and SCSK Corporation.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Deployment, By End-User, By Application, By Component
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| Regions covered | Kanto Region , Kinki Region , Central/ Chubu Region Kyushu-Okinawa Region , Tohoku Region ,Chugoku Region , Hokkaido Region , Shikoku Region
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| Companies Covered | Bankguard, Cisco Systems Inc., Cyber Reason Japan Corporation, Cyber Security Cloud, Inc., Digital Arts Inc., Flatt Security, GMO GlobalSign, Inc., IBM Corporation, internet Initiative Japan, Inc., Keychain, LAC Co. Ltd., NEC Corporation, SCSK Corporation |
COVID-19 Impact on Japan Cybersecurity Market
The Covid-19 outbreak in Japan triggered a surge in ransomware attacks, disrupting operations as companies shifted to teleworking in response to the pandemic. Recognizing the escalating cybersecurity threats, businesses, particularly those linked to critical infrastructure, are collaborating with the government to invest in robust cybersecurity measures to safeguard their operations and models.
Key Target Audience:
- Businesses of all sizes
- Government agencies
- Non-profit organizations
- Educational institutions
- Individuals
- IT companies and service providers
- Healthcare providers
- Financial institutions
Our in-depth analysis of the Japan Cybersecurity Market includes the following segments:
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By Application:
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Cloud
Consumer Security
Data Security
Identity Access Management
Infrastructure Protection
Network Security
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By Deployment Mode:
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Cloud
On-Premise
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By End-User:
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BFSI
Government and defense
Healthcare
Manufacturing
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By Component:
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Hardware
Software
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Key Topics Covered in the Report:
- Japan Cybersecurity Market Size (FY’2023-FY’2033)
- Overview of the Japan Cybersecurity Market
- Segmentation of Japan Cybersecurity Market By Application (Cloud, Consumer Security, Data Security, Identity Access Management, Infrastructure Protection, Network Security)
- Segmentation of Japan Cybersecurity Market By Deployment Mode (Cloud and On-premise)
- Segmentation of Japan Cybersecurity Market By End-User (BFSI, Government and defense, Healthcare, IT and Telecommunication, Manufacturing )
- Segmentation of Japan Cybersecurity Market By Component (Hardware and Software)
- Statistical Snap of Japan Cybersecurity Market
- Expansion Analysis of Japan Cybersecurity Market
- Problems and Obstacles in Japan Cybersecurity Market
- Competitive Landscape in the Japan Cybersecurity Market
- Impact of COVID-19 and Demonetization on Japan Cybersecurity Market
- Details on Current Investment in Japan Cybersecurity Market
- Competitive Analysis of Japan Cybersecurity Market
- Prominent Players in the Japan Cybersecurity Market
- SWOT Analysis of Japan Cybersecurity Market
- Japan Cybersecurity Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst