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Opportunities and Challenges in the Japanese Smart Home Market

ccording to a Fuji Research Laboratory report, the Japanese smart home market is expected to top JP¥4.2 trillion (US$38 billion) in 2025, up 36.3 percent from 2017. The market is being driven by smart devices including smartphones, which already account for more than half the market and are continuing to grow due their ability to conveniently connect IoT devices.