Japan Defense Market Overview:
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 2.52% (2024-2032)
According to the IMARC Group, the Japan defense market is projected to exhibit a growth rate (CAGR) of 2.52% during 2024-2032. This market is expanding due to increased geopolitical tensions, technological advancements, and government investments in modernizing military capabilities, focusing on cybersecurity, missile defense, and advanced weapon systems.
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