Japan, people are basically working class and they highly focuses on lifestyle and living standard and they have very less time to do household activities. Smart home product makes the life so convenient so that people can focus on other productive work. In Japan, PPP model are implemented to achieve desired results and larger fund can help to invest on R&D part.
According to Renub Research, The Japan Smart Home Market is expected to surpass US$ 10 Billion by the end of the year 2025 due to constant rise in urban population in Japan. Currently urban area of Japan holds 92% population that is largest in the world.
Japan is a unique case where more than 90% of its population lives in cities. Since, two-thirds of Japan, land is covered with mountains, leaving the country effectively with only one-third of land which is being used for living purpose. Since the majority of the Japanese citizens are living in cities, thus providing an opportunity to different smart home companies working as consumer electronics manufacturers, house builders, housing equipment maker and communication manufacturers to showcase their smart home products.
About Company:
Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions.
Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email : info@renub.com
Web: www.renub.com
0 Comments
I you have any point please Contect Us