Emerging Evolution in Japan Smart Home Market 2024: Granular View of the Market from Various End-Use Segments
Japan smart home market is expected to be US$ 5 Billion by 2024, growing with double digit CAGR. Since the Great East Japan Earthquake in 2011, Japan has been focused to build energy efficient smart homes and supportive devices. Government initiatives for infrastructure support, establishing common ECHONET Standard which supports HEMS devices and well-known smart home policies are some of the major driving factors to grow Japanese smart homes market.
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