Japan Smart Home Market 2018-2025: Number, Household Penetration & Key Company Analysis - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 10, 2019--The “Japan Smart Home Market, Number, Household Penetration & Key Company Analysis - Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The smart home market in Japan was estimated at over US$ 3 Billion in 2018 and is likely to almost fourfold by the year 2025.
There is a growing demand in the Japanese market for safe and secure living environment, especially concerning safety functionalities and discrete monitoring for elderly people; also, since the Great East Japan Earthquake in 2011, Japan has been focused on building energy efficient smart homes and supportive devices.
The lack of standard operational protocols and electrical interfaces has previously impeded the growth of smart home market. The Ministry of Trade, Economy, and Industry, together with the JSCA (Japan Smart Community Alliance), designated the ECHONET Consortium’s ECHONET Lite protocol as the country’s recommended standard for HEMS equipment.
The growth of Smart home market is attributed to factors such as significantly growing IoT market, cost reduction measures enabled by home automation systems, large number of manufacturers expanding their product portfolios, and increasing importance of home monitoring from remote locations. With the increasing demand of smart home devices, security and privacy breach is also increasing. The issues pertaining to privacy and security breach are restraining the growth of the smart home market.
Key Topics Covered:
1. Executive Summary
2. Japan Smart Home Market Analysis to 2025
3. Japan Smart Home Market Share Analysis to 2025
4. Japan Smart Home Market, Number of Active Households & Households Penetration - By Application Areas
5. Japan Smart Home Standardization Policy
6. Japan Smart Home - Key Company Profiles
7. Japan Smart Home - Driving Factors
8. Japan Smart Home - Challenges
Companies MentionedConnected Design Inc iTSCOM Panasonic Corporation Secual Inc Sony Corporation
For more information about this report visit https://www.researchandmarkets.com/research/5ht4rh/japan_smart_home?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190110005254/en/
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Related Topics:Internet of Things and M2M
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SOURCE: Research and Markets
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PUB: 01/10/2019 05:28 AM/DISC: 01/10/2019 05:28 AM