Japan’s Appetite for Smart Home Solutions is Growing

The Japanese smart home market is likely to almost fivefold by the year 2024 from its current level. According to a new report The Japanese smart home market is expected to be US$ 5 Billion by 2024.  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.  However, government initiatives for infrastructure support, through 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 country’s geography means more than 90 percent of the total population lives in cities, which provides the opportunities for the varieties of connected home solutions in heating, lighting, security, and entertainment, automatically and sometimes remotely via the Internet.

Source: orbisresearch.com