Japan Smart Home Market Analysis 2018-2024: Number of Smart Home in Japan is Anticipated to Reach Nearly 7 Million

DUBLIN, Jan. 25, 2018 /PRNewswire/ --

The "Japan Smart Home Market, Volume, Household Penetration & Key Company Analysis - Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

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

The Japanese smart home market is likely to almost fivefold by the year 2024 from its current level in 2017. Smart home is a system that allows home owner to control and monitor different devices in home including the heating, lighting, security, and entertainment, automatically and sometimes remotely via the Internet. In Japan, there is a demand for a safe and secure living environment, especially concerning safety functionalities and discrete monitoring for elderly people.

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.

Key Topics Covered:

1. Executive Summary

2. Japan Smart Home Market Analysis to 2024
2.1 Japan Smart Home Market and Forecast
2.2 Japan Smart Home Number and Forecast
2.3 Japan Smart Home - Household Penetration and Forecast

3. Japan Smart Home Market Share Analysis to 2024
3.1 Japan Smart Home Market Share - By Application Areas
3.2 Japan Smart Home Active Households Share - By Application Areas

4. Japan Smart Home Market, Number of Active Households & Households Penetration - By Application Areas
4.1 Japan Smart Home - Control and Connectivity Market & Number of Active Households Analysis to 2024
4.1.1 Japan Smart Home - Control and Connectivity Market & Forecast
4.1.2 Japan Smart Home - Control and Connectivity Application Household Penetration & Forecast
4.1.3 Japan Smart Home - Number of Active Households in Control and Connectivity Segment & Forecast
4.2 Japan Smart Home - Comfort and Lighting Market & Number of Active Households Analysis to 2024
4.2.1 Japan Smart Home - Comfort and Lighting Market & Forecast
4.2.2 Japan Smart Home - Comfort and Lighting Application Household Penetration & Forecast
4.2.3 Japan Smart Home - Number of Active Households in Comfort and Lighting Segment & Forecast
4.3 Japan Smart Home - Home Entertainment Market & Number of Active Households Analysis to 2024
4.3.1 Japan Smart Home - Home Entertainment Market & Forecast
4.3.2 Japan Smart Home - Home Entertainment Application Household Penetration & Forecast
4.3.3 Japan Smart Home - Number of Active Households in Home Entertainment Segment & Forecast
4.4 Japan Smart Home - Smart Appliances Market & Number of Active Households Analysis to 2024
4.4.1 Japan Smart Home - Smart Appliances Market & Forecast
4.4.2 Japan Smart Home - Smart Appliances Application Household Penetration & Forecast
4.4.3 Japan Smart Home - Number of Active Households in Smart Appliances Segment & Forecast
4.5 Japan Smart Home - Energy Management Market & Number of Active Households Analysis to 2024
4.5.1 Japan Smart Home - Energy Management Market & Forecast
4.5.2 Japan Smart Home - Energy Management Application Household Penetration & Forecast
4.5.3 Japan Smart Home - Number of Active Households in Energy Management Segment & Forecast
4.6 Japan Smart Home - Security Market & Number of Active Households Analysis to 2024
4.6.1 Japan Smart Home - Security Market & Forecast
4.6.2 Japan Smart Home - Security Application Household Penetration & Forecast
4.6.3 Japan Smart Home - Number of Active Households in Security Segment & Forecast

5. Japan Smart Home Standardization Policy

6. Japan Smart Home - Key Company Profiles
6.1 Panasonic Corporation
6.2 Sony Corporation
6.3 iTSCOM
6.4 Secual Inc
6.5 Connected Design Inc

7. Japan Smart Home - Driving Factors
7.1 Policies & Initiatives Driving Smart Homes
7.2 Key Measures Promoting the Spread of Smart Houses
7.3 IoT Drives Smart Home Market
7.4 Cost Savings Due to The Adoption of Energy Conservation Systems
7.5 Urbanization, Increasing Awareness & Concern for Monitoring Elderly People
7.6 Development of Connected Innovative Products

8. Japan Smart Home - Challenges
8.1 Security and Privacy Breach Concern
8.2 Cyber Security Concerns

For more information about this report visit https://www.researchandmarkets.com/research/fqsnnf/japan_smart_home?w=5

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