Explore the intricacies of Japan’s defense market landscape with our in-depth analysis. Discover the latest trends, technological advancements, and strategic considerations shaping the Japan Defense Market. From regional security dynamics to cutting-edge defense technologies, gain insights into the nation’s commitment to safeguarding its interests and contributing to global peace. The Japan defense budget is worth $50 billion in 2023, and, is anticipated to register a CAGR of more than 5% during 2024-2028. The growth in the defense budget can be attributed to the need to counter potential threats from China and North Korea.