Report Overview

Japan Cyber Security Market- Industry Trends & Forecast Report 2027

The Japan Cyber Security market was worth USD 12.1 billion in 2020 and is further projected to reach USD 26.9 billion by 2027 at a CAGR of 12.2 % during the forecast period (2021-2027). The Japan cybersecurity industry is being driven by the increasing use of artificial intelligence, IoT-enabled devices, machine learning, and much more. Furthermore, the growing need for cloud-based cybersecurity systems to prevent data loss fuels the market's expansion. During the projection period, the Japan Cyber Security market will be driven by increased demand for network and endpoint security, information technology security, mobile security, and behavioral detection.

Source: BlueWeave Consulting

Japan Cyber Security Market Overview

Cyber security refers to a collection of technologies, processes, and practices designed to prevent attacks, damage, and unauthorized access to networks, devices, programs, and data. Information technology security is another term for cyber security. Cybersecurity is a top priority for the government, military, business, financial, and medical organizations, which collect, store, and process massive amounts of data. Data, such as intellectual property, financial data, personal information, or different sorts of data, might make up a considerable amount of sensitive data. Unauthorized access to sensitive data can have serious consequences.

Japan Cyber Security Market Trend

Growth Drivers

The Increasing Importance of Artificial Intelligence (AI) is Propelling the Market Growth

Artificial intelligence, which is advancing rapidly, allows machine learning technologies to be integrated into various goods, including cybersecurity. Moreover, deep learning technologies enable face recognition, natural language processing, threat detection, and others. Additionally, artificial intelligence (AI) has been successful in detecting new risks and assisting organizations in responding to and preventing cyber-attacks. As a result, artificial intelligence is likely to impact cybersecurity in the foreseeable future positively.

Challenges

IoT and Blockchain Revolution are Threatening Market Growth

Blockchain systems have made it harder to predict the rise of cyber threats, putting cybersecurity at risk. Furthermore, as the Internet of Things (IoT) encompasses the connectivity of physical items with a unique identity (UID), the number of IoT threats has increased. It can transfer data over a network without human intervention or computer-human interaction. Therefore, the software and firmware needed to run these IoT devices make the user vulnerable to cyber-attacks, stunting market growth.

Impact of COVID-19

The COVID-19 outbreak has positively impacted the Japan cyber security market. Due to the work-from-home trend and the adoption of digital technologies, data vulnerability has increased. Japan has even recorded many instances of cyber-attacks from China and Russia during the pandemic. For instance, the APT group's global cyber campaign codenamed "Cicada" targeted Japanese organizations, which was uncovered by cybersecurity firm Symantec in 2020. Additionally, in 2021, the prominent Japanese messaging company LINE reported that Chinese subcontractors had access to its Japanese servers containing the personal information of its 86 million users and those monitoring functions had also been outsourced to a Chinese entity. These factors have increased the demand for the cyber security market in the country during the forecast period.

Japan Cyber Security Market: By Deployment Mode

Based on deployment modes, the Japan cyber security market is segmented into cloud and on-premises. The on-premise segment dominated the market in 2020 and is likely to dominate the segment during the forecast period. Many organizations prefer to keep sensitive data on their own premises rather than entrusting it to cloud services. Storing data in-house eliminates reliance on third-party organizations and aids in the explicit protection and monitoring of data. Furthermore, on-premise systems allow for direct ownership and control of security monitoring, resulting in flexible and adaptable security. Over the projected period, this is expected to increase demand for on-premise implementation.

Source: BlueWeave Consulting

Japan Cyber Security Market: By Organization Size

Based on organization size, the Japan cyber security market is segmented irto Small and Medium-Sized Enterprises (SMEs) and Large Enterprises. The large enterprises have accounted for the largest market share in 2020 and are likely to dominate the segment during the forecast period. The segment's growth is driven by increased spending on security products and services to prepare for cyberattacks. Moreover, most large businesses have cyber security policies and frameworks to protect their IT systems. Over the projected period, the segment is likely to grow due to the increasing sophistication of phishing, crypto jacking, malware threats, and IoT threats.

Japan Cyber Security Market: Industry Vertical

Based on industry verticals, the Japan cyber security market is categorized into IT, aerospace & defense, retail, manufacturing, government, banking, financial services, & insurance (BFSI), healthcare, and others. Among these, the aerospace and defense sector hold the largest market share as this vertical extracts extremely sensitive and private data from important sectors such as government, prime contractors, and suppliers that call for robust cybersecurity solutions. Furthermore, the presence of extensive data and rising digitalization in every area of the armed services raises the risk of cyberattacks, which makes cybersecurity solutions imperative for this sector.

Competitive Landscape

The cyber security market in Japan is moderately fragmented due to the few domestic and international players. Moreover, the emergence of new players has resulted in healthier competition among long-established service providers in the industry. Some key players in the Japan Cyber Security market are Caulis Inc., Trend Micro, Spider Labs, Flatt Security, Cocon, Evixar, Keychain, Bankguard, GMO GlobalSign, Inc, Cybereason Japan, and Marvelous, Inc. and other prominent players.

Recent Development

• In January 2021, Cybereason, makers of future-ready attack prevention software, announced a partnership with Ensign InfoSecurity, a premier cybersecurity solutions provider in Asia Pacific to expand the array of cybersecurity solutions and services available to Ensign's Asia Pacific customers.

• In January 2021, Cybereason and SYNNEX teamed together to provide endpoint detection and response (EDR) and Next-Generation Anti-Virus (NGAV) to help defenders track down any malicious operation (Malop) across distant workstations, mobile devices, and anywhere else in their network environment.

Scope of the Report

• By Component
  • • • Hardware
      • Software
        • Advanced Persistent Threat
        • Threat Intelligence
        • Security and Information Event Management
        • Security and Vulnerability Management
        • Network Access Control
        • Antivirus/Antimalware
        • Others
      • Services
        • Professional Services
        • Managed Services
• By Security Type
  • • • Endpoint Security
      • Cloud Security
      • Network Security
      • Application Security
      • Infrastructure Protection
      • Data Security
      • Others
• By Deployment Mode
  • • • Cloud
      •  On–Premises
• By Organization Size
  • • • Small and Medium–Sized Enterprises
      • Large Enterprises
• By Industry Vertical
  • • • Aerospace and Defense
      • Government
      • Banking, Financial Services, and Insurance
      • IT
      • Healthcare
      • Retail
      • Manufacturing
      • Others

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Primary & Secondary Research Application
      2. Secondary Research
      3. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumption & Limitation
3. Executive Summary
4. Japan Cyber Security Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Recent Development
   4. Technological Advancements
   5. Regulatory Framework
   6. Porter’s Five Forces Analysis
      1. Bargaining Application of Suppliers
      2. Bargaining Application of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. Japan Cyber Security Market Overview
   1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)        
   2. Market Share & Forecast
      1. By Component
         1. Hardware
         2. Software
            1. Advanced Persistent Threat
            2. Threat Intelligence
            3. Security and Information Event Management
            4. Security and Vulnerability Management
            5. Network Access Control
            6. Antivirus/Antimalware
            7. Others
         3. Services
            1. Professional Services
            2. Managed Services
      2. By Security Type
         1. Endpoint Security
         2. Cloud Security
         3. Network Security
         4. Application Security
         5. Infrastructure Protection
         6. Data Security
         7. Others
      3. By Deployment Mode
         1. Cloud
         2.  On–Premises
      4. By Organization Size
         1. Small and Medium–Sized Enterprises
         2. Large Enterprises
      5. By Industry Vertical
         1. Aerospace and Defense
         2. Government
         3. Banking, Financial Services, and Insurance
         4. IT
         5. Healthcare
         6. Retail
         7. Manufacturing
         8. Others
6. Competitive Landscape
   1. Company Market Share Analysis, 2020
   2. Competitive Benchmarking, By Product Offerings
   3. List of Key Players and their Offerings
7. Impact of COVID-19 across Industry
8. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
   1. Caulis Inc.
   2. Trend Micro
   3. Spider Labs
   4. Flatt Security
   5. Cocon
   6. Evixar
   7. Keychain
   8. Bankguard
   9. GMO GlobalSign, Inc
   10. Cybereason Japan
   11. Marvelous, Inc
   12. Other Prominent Players
9. Key Strategic Recommendations

*Financial details of unlisted companies will be available as per data availability in final deliverable

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable.

List of Figures.

Fig 1: Japan Cyber Security Segmentation

Fig 2: Japan Cyber Security Market Value Chain Analysis

Fig 3: Company Market Share Analysis, 2020

Fig 4: Japan Cyber Security Market Size, By Value (USD Billion), 2017-2027

Fig 5: Japan Cyber Security Market Share, By Component, By Value, 2017-2027

Fig 6: Japan Cyber Security Market Share, By Security Type, By Value, 2017-2027

Fig 7: Japan Cyber Security Market Share, By Deployment Mode, By Value, 2017-2027

Fig 8: Japan Cyber Security Market Share, By Organization Size, By Value, 2017-2027

Fig 9: Japan Cyber Security Market Share, By Industry Vertical, By Value, 2017-2027

List of Tables.

Table 1: Japan Cyber Security Market Size, By Component, By Value, 2017-2027

Table 2: Japan Cyber Security Market Size, By Security Type, By Value, 2017-2027

Table 3: Japan Cyber Security Market Size, By Deployment Mode, By Value, 2017-2027

Table 4: Japan Cyber Security Market Size, By Organization Size, By Value, 2017-2027

Table 5: Japan Cyber Security Market Size, By Industry Vertical, By Value, 2017-2027

Table 6: Caulis Inc. Business Overview

Table 7: Caulis Inc. Financial Analysis

Table 8: Trend Micro Business Overview

Table 9: Trend Micro Financial Analysis

Table 10: Spider Labs Business Overview

Table 11: Spider Labs Financial Analysis

Table 12: Flatt Security Business Overview

Table 13: Flatt Security Financial Analysis

Table 14: Cocon Business Overview

Table 15: Cocon Financial Analysis

Table 16: Evixar Business Overview

Table 17: Evixar Financial Analysis

Table 18: Keychain Business Overview

Table 19: Keychain Financial Analysis

Table 20: Bankguard Business Overview

Table 21: Bankguard Financial Analysis

Table 22: GMO GlobalSign, Inc Business Overview

Table 23: GMO GlobalSign, Inc Financial Analysis

Table 24: Cybereason Japan Business Overview

Table 25: Cybereason Japan Financial Analysis

Table 26: Marvelous, Inc Business Overview

Table 27: Marvelous, Inc Financial Analysis