Japanese Smart Home Market Research Report

Report Sellers has added a new market research report “Japan Smart Home Market, Volume, Household Penetration & Key Company Analysis - Forecast to 2024” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

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. Echonet Lite was approved as an HEMS standard protocol in Japan by METI and then became an ISO/IEC international standard.

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.

Report Highlights

The Japanese smart home market was valued close to US$ 1.5 Billion in 2016.

The number of smart home in Japan is anticipated to reach nearly 7 Million by 2024.

In Japan, household penetration for smart home applications is estimated at around 10% in 2016.

In February 2012, Smart House Standardization Council recommended ECHONET Lite as the public and standard interface for HEMS in Japan.

Japan Smart Home Market - By Application Areas

Smart Appliances captured maximum share of the Japan smart home market in 2016.

Home Entertainment is the second largest application segment of the Japan smart home market, being followed by Control and Connectivity segment.

The revenue in the Japan Smart Home Energy Management segment is expected to surpass US$ 1 Billion by 2024.

Security is the fourth largest application of the Japan smart home market.

Japan Smart Home Active Households - By Application Areas

Control and Connectivity segment captures highest share of the Japan Smart Home active households in 2016, being followed by Home Entertainment segment.

Comfort and Lighting segment accounted for over 18% share of the Smart Home active households in 2016.

Security application captured least share of the Smart Home active households in 2016.

Browse through the complete description and in-depth TOC on “Japan Smart Home Market”

https://www.reportsellers.com/market-research-report/Japan-Smart-Home-Market

Japan Smart Home Market - Application Areas
1. Control and Connectivity (Home Automation)
2. Comfort and Lighting (Home Automation)
3. Home Entertainment 
4. Smart Appliances 
5. Energy Management 
6. Security Application 

Japan Smart Home - Key Company Profiles
Panasonic Corporation
Sony Corporation
iTSCOM
Secual Inc
Connected Design Inc

Research Methodologies

Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.

Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.

Request Sample here: https://www.reportsellers.com/market-research-report/Japan-Smart-Home-Market

Related Reports

https://www.reportsellers.com/market-research-report/Server-Market

https://www.reportsellers.com/market-research-report/Hardware-based-Full-Disk-Encryption-Market-7288

https://www.reportsellers.com/market-research-report/Machine-Learning-Market

We have a large number of reports in other IT & Telecommunication Industry which can be accessed in the following link:

https://www.reportsellers.com/category/it-telecommunication-market-research-report

About Report Sellers

Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries.

Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.

For more information, contact

Report Sellers

Email: sales@reportsellers.com

Direct: +1-214-396-2385