How big is the ambient assisted living and smart home market?

In 2023, the Global Ambient Assisted Living and Smart Home Market was valued at USD 102.5 Billion , and is expected to reach USD 618.5 Billion by 2032 Between 2023 and 2032, this market is estimated to register the highest CAGR of 22.8%.

How does Ambient Assisted Living contribute to aging in place?

AAL facilitates aging in place by offering technologies that support individuals to live independently in their homes for a more extended period. It includes features like fall detection, medication reminders, and health monitoring systems.

Who are the key players in the ambient assisted living and smart home market?

Some key players operating in the ambient assisted living and smart home market include Honeywell International, Inc., Televic N.V., Ingersoll Rand Plc, Legrand SA, ABB Group, Tunstall Healthcare Ltd, Apria Healthcare, Sensara BV, GETEMED AG, Assisted Living Technologies Inc., Vitaphone GmbH, Other Key Players

Which region has the highest market share in the Ambient Assisted Living and Smart Home Market?

North America has the highest market share in the Ambient Assisted Living and Smart Home Market

Global Ambient Assisted Living and Smart Home Market by Product (Energy Management System, Entertainment Control, Security and Access Control, and HVAC Control ), By Service (Installation and Repair Services, Customization and Renovation), Based on System (Safety and Security Communication , Medical Assistive, Mobility, Telemonitoring or Telemedicine, Compensatory Impairment, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Published date: Jan. 2024
Report ID: 104351
Number of Pages: 219
Format:

- Honeywell International, Inc. Company Profile
- Televic N.V.
- Ingersoll Rand plc Company Profile
- Legrand SA
- ABB Group
- Tunstall Healthcare Ltd
- Apria Healthcare
- Sensara BV
- GETEMED AG
- Assisted Living Technologies Inc.
- Vitaphone GmbH
- Other Key Players
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Ambient Assisted Living and Smart Home Market

Report ID 104351
Published Date Jan. 2024
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