Japan Smart Home Market by Product Type (Smart Lighting, Smart Home Security & Surveillance, Smart Entertainment, and Smart Appliances), by Communication Protocol (Wi-Fi, Zigbee, Z-Wave, Bluetooth, and Thread), by Smart Home Hubs (Standalone Hubs and Built-in Hubs), by Voice Assistants Integration (Amazon Alexa, Google Assistant, Apple Siri, and Others), by Smart Home Compatibility with Smartphones (iOS and Android), by Installation, (DIY Installation and Professional Installation), and by Sales Channel (Online Retailers and Offline Retailers) – Opportunity Analysis and Industry Forecast, 2024–2030
The Japan Smart Home Market size was valued at USD 4.54 billion in 2023, and is predicted to reach USD 16.15 billion by 2030, at a CAGR of 19.9% from 2024 to 2030.
Government initiatives aimed at promoting smart home adoption are driving growth in the Japanese market. The Japanese government is actively encouraging the integration of smart home features by offering incentives and implementing regulations that prioritize energy efficiency and eco-friendly housing. One such initiative is the housing eco-point system, established in January 2010 to stimulate economic growth and sustainability. This collaborative effort between various ministries aims to incentivize environmentally friendly building practices by providing financial support to homeowners and builders who incorporate smart technologies into new construction and renovation projects. These efforts align with the government's objectives for sustainable living, making smart home solutions more accessible and appealing to consumers.
Furthermore, industry leaders such as Sony play a crucial role in advancing the smart home market through technological innovation. Companies such as Sony drive advancements in smart home products, enhancing their appeal to tech-savvy consumers. For example, Sony's BRAVIA XR Master Series A95L OLED TV, unveiled in September 2023, offers exceptional visual experiences with infinite colors and definitive contrast, significantly impacting the smart home market. Similarly, the introduction of the HT-AX7 portable theater system in July 2023 demonstrates Sony's commitment to enhancing the smart home entertainment experience with high-quality sound and wireless connectivity. These innovations aim to provide consumers with versatile and high-quality audiovisual solutions, contributing to the growth of the smart home market.
However, the smart home market's expansion encounters a notable obstacle due to concerns surrounding the security of interconnected systems. Devices such as thermostats, cameras, and door locks are vulnerable to hacking, posing potential threats to residents' privacy and safety. Weak or easily guessed passwords and insufficient Wi-Fi network security measures often contribute to this vulnerability. Exploiting these weaknesses, hackers gain unauthorized access, potentially assuming control of devices or accessing sensitive data. To address these risks, vigilant homeowners must prioritize stringent password protocols, regularly update device firmware, and bolster their home networks to minimize the risk of cyber intrusions and protect their smart homes from potential breaches.
On the contrary, blockchain technology offers significant potential to enhance the security and privacy of smart home systems. By encrypting and securely storing sensitive data, blockchain gives users control over access, reducing the risk of unauthorized intrusion. It verifies device identities, ensuring only trusted devices interact within the network, and automates tasks through tamper-proof smart contracts. Moreover, blockchain decentralizes device control, minimizing vulnerabilities and simplifying access management. Its integration not only enhances security and privacy but also fosters a safer smart home environment, creating growth opportunities for the market.
Segment Overview
The Japan smart home industry is segmented based on product type, communication protocol, smart home hubs, voice assistant integration, smart home compatibility with smartphones, installation, and sales channel.
By product type, the market is categorized into smart lighting, smart home security and surveillance, smart entertainment, and smart appliances.
By communication protocol, the market is classified into Wi-Fi, Zigbee, Z-Wave, Bluetooth, and Thread.
By smart home hubs, the market is segmented into standalone hubs and built-in hubs.
By voice assistant integration, the market is divided into Amazon Alexa, Google Assistant, Apple Siri, and others.
By smart home compatibility with smartphones, the market is divided into iOS and Android.
By installation, the market is classified into DIY installation and professional installation.
By sales channel, the market is classified into online retailers and offline retailers.
Key Market Players
Leading players operating in the Japan Smart Home Market include:
• LG Electronics
• ASSA ABLOY
• Amazon, Inc.
• Samsung Electronics
• Sony Group Corporation
• Emerson Electronic Co.
• Johnson Controls International PLC
• Centrica Connected Home Limited
• Resideo Technologies, Inc.
• Apple, Inc.
KEY BENEFITS
• The Japan Smart Home market report provides a quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in the Japan Smart Home market.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
- 1 Introduction
- 1.1 Report Description
- 1.2 Research Methodology
- 1.2.1 Secondary Research
- 1.2.2 Data Analysis Framework
- 1.2.3 Market Size Estimation
- 1.2.4 Forecasting
- 1.2.5 Primary Research And Data Validation
- 2 Japan Smart Home Market By Product Type
- 2.1 Overview
- 2.2 Smart Lighting Market
- 2.2.1 Smart Bulbs
- 2.2.2 Smart Light Strips
- 2.2.3 Smart Switches
- 2.3 Smart Home Security And Surveillance Market
- 2.3.1 Smart Cameras
- 2.3.2 Video Doorbells
- 2.3.3 Smart Locks
- 2.3.4 Security System
- 2.4 Smart Entertainment Market
- 2.4.1 Smart Tvs
- 2.4.2 Smart Speakers
- 2.4.3 Streaming Devices
- 2.5 Smart Appliances Market
- 2.5.1 Smart Refrigerators
- 2.5.2 Smart Ovens
- 2.5.3 Smart Washing Machines
- 2.5.4 Smart Dishwashers
- 2.5.5 Smart Home Hvac Management
- 2.5.6 Other Smart Appliances
- 3 Japan Smart Home Market By Communication Protocol
- 3.1 Overview
- 3.2 Wi-fi Market
- 3.3 Zigbee Market
- 3.4 Z-wave Market
- 3.5 Bluetooth Market
- 3.6 Thread Market
- 4 Japan Smart Home Market By Smart Home Hubs
- 4.1 Overview
- 4.2 Standalone Hubs Market
- 4.3 Built-in Hubs Market
- 5 Japan Smart Home Market By Voice Assistants Integration
- 5.1 Overview
- 5.2 Amazon Alexa Market
- 5.3 Google Assistant Market
- 5.4 Apple Siri Market
- 5.5 Others Market
- 6 Japan Smart Home Market By Smart Home Compatibility With Smartphones
- 6.1 Overview
- 6.2 Ios Market
- 6.3 Android Market
- 7 Japan Smart Home Market By Installation
- 7.1 Overview
- 7.2 Diy Installation Market
- 7.3 Professional Installation Market
- 8 Japan Smart Home Market By Sales Channel
- 8.1 Overview
- 8.2 Online Retailers Market
- 8.3 Retailers Market
- 9 Company Profiles
- 9.1 Lg Electronics
- 9.1.1 Company Overview
- 9.1.2 Company Snapshot
- 9.1.3 Operating Business Segments
- 9.1.4 Product Portfolio
- 9.1.5 Business Performance
- 9.1.6 Business Segments
- 9.1.7 Geographic Segments
- 9.1.8 Key Strategic Moves And Development
- 9.1.9 Primary Market Competitors
- 9.2 Assa Abloy
- 9.2.1 Company Overview
- 9.2.2 Company Snapshot
- 9.2.3 Operating Business Segments
- 9.2.4 Product Portfolio
- 9.2.5 Business Performance
- 9.2.6 Business Segments
- 9.2.7 Geographic Segments
- 9.2.8 Key Strategic Moves And Development
- 9.2.9 Primary Market Competitors
- 9.3 Amazon Inc.
- 9.3.1 Company Overview
- 9.3.2 Company Snapshot
- 9.3.3 Operating Business Segments
- 9.3.4 Product Portfolio
- 9.3.5 Business Performance
- 9.3.6 Business Segments
- 9.3.7 Geographic Segments
- 9.3.8 Key Strategic Moves And Development
- 9.3.9 Primary Market Competitors
- 9.4 Samsung Electronics
- 9.4.1 Company Overview
- 9.4.2 Company Snapshot
- 9.4.3 Operating Business Segments
- 9.4.4 Product Portfolio
- 9.4.5 Business Performance
- 9.4.6 Business Segments
- 9.4.7 Geographic Segments
- 9.4.8 Key Strategic Moves And Development
- 9.4.9 Primary Market Competitors
- 9.5 Sony
- 9.5.1 Company Overview
- 9.5.2 Company Snapshot
- 9.5.3 Operating Business Segments
- 9.5.4 Product Portfolio
- 9.5.5 Business Performance
- 9.5.6 Business Segments
- 9.5.7 Geographic Segments
- 9.5.8 Key Strategic Moves And Development
- 9.5.9 Primary Market Competitors
- 9.6 Emerson Electronic Co.
- 9.6.1 Company Overview
- 9.6.2 Company Snapshot
- 9.6.3 Operating Business Segments
- 9.6.4 Product Portfolio
- 9.6.5 Business Performance
- 9.6.6 Business Segments
- 9.6.7 Geographic Segments
- 9.6.8 Key Strategic Moves And Development
- 9.6.9 Primary Market Competitors
- 9.7 Johnson Controls International Plc
- 9.7.1 Company Overview
- 9.7.2 Company Snapshot
- 9.7.3 Operating Business Segments
- 9.7.4 Product Portfolio
- 9.7.5 Business Performance
- 9.7.6 Business Segments
- 9.7.7 Geographic Segments
- 9.7.8 Key Strategic Moves And Development
- 9.7.9 Primary Market Competitors
- 9.8 Centrica Connected Home Limited
- 9.8.1 Company Overview
- 9.8.2 Company Snapshot
- 9.8.3 Operating Business Segments
- 9.8.4 Product Portfolio
- 9.8.5 Business Performance
- 9.8.6 Business Segments
- 9.8.7 Geographic Segments
- 9.8.8 Key Strategic Moves And Development
- 9.8.9 Primary Market Competitors
- 9.9 Resideo Technologies Inc.
- 9.9.1 Company Overview
- 9.9.2 Company Snapshot
- 9.9.3 Operating Business Segments
- 9.9.4 Product Portfolio
- 9.9.5 Business Performance
- 9.9.6 Business Segments
- 9.9.7 Geographic Segments
- 9.9.8 Key Strategic Moves And Development
- 9.9.9 Primary Market Competitors
- 9.10 Apple Inc.
- 9.10.1 Company Overview
- 9.10.2 Company Snapshot
- 9.10.3 Operating Business Segments
- 9.10.4 Product Portfolio
- 9.10.5 Business Performance
- 9.10.6 Business Segments
- 9.10.7 Geographic Segments
- 9.10.8 Key Strategic Moves And Development
- 9.10.9 Primary Market Competitors
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