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Challenges and Opportunities of the "My Number" System in Japan

  • Report

  • 9 Pages
  • May 2023
  • Region: Japan
  • Market Intelligence & Consulting Institute (MIC)
  • ID: 5847323
My Number is a national identification system implemented in Japan. Japanese residents can apply for a My Number card at local government offices, which contains their basic personal information and can serve as a form of personal identification. As of November 2022, a total of 67.84 million cards have been issued, with over 53% of the population holding a My Number card. However, while the number of applications continues to reach new heights each year, challenges such as concerns over personal data leaks and issues related to convenience in the application process remain to be resolved. The report provides an overview of the development of the My Number system, looks into its pros and cons, and examines its future developments.

Table of Contents

1. Background
2. How My Number System Works
3. The Implementation of My Number System
4. Challenges of the My Number System
5. Future Development

List of Figures

Figure 1 The Front and Back Illustrations of the My Number Card
Figure 2 Issuance of My Number Card, 2016 - 2022
Figure 3 Application Rate of My Number Cards by Different Age Groups

Methodology

Primary research with a holistic, cross-domain approach

The exhaustive primary research methods are central to the value that the analyst delivers. A combination of questionnaires and on-site visits to the major manufacturers provides a first view of the latest data and trends. Information is subsequently validated by interviews with the manufacturers' suppliers and customers, covering a holistic industry value chain. This process is backed up by a cross-domain team-based approach, creating an interlaced network across numerous interrelated components and system-level devices to ensure statistical integrity and provide in-depth insight.

Complementing primary research is a running database and secondary research of industry and market information. Dedicated research into the macro-environmental trends shaping the ICT industry also allows the analyst to forecast future development trends and generate foresight perspectives. With more than 20 years of experience and endeavors in research, the methods and methodologies include:

Method

  • Component supplier interviews
  • System supplier interviews
  • User interviews
  • Channel interviews
  • IPO interviews
  • Focus groups
  • Consumer surveys
  • Production databases
  • Financial data
  • Custom databases

Methodology

  • Technology forecasting and assessment
  • Product assessment and selection
  • Product life cycles
  • Added value analysis
  • Market trends
  • Scenario analysis
  • Competitor analysis

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