Global Ambient Assisted Living And Smart Home Market Size & Outlook

The ambient assisted living and smart home industry worldwide is expected to reach a projected revenue of US$ 645,188.7 million by 2030. A compound annual growth rate of 30.8% is expected of the worldwide ambient assisted living and smart home industry from 2025 to 2030.
Revenue, 2024 (US$M)
$132,116.6
Forecast, 2030 (US$M)
$645,188.7
CAGR, 2025 - 2030
30.8%
Report Coverage
Worldwide

Global ambient assisted living and smart home market, 2018-2030 (US$M)

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Global ambient assisted living and smart home market highlights

  • The global ambient assisted living and smart home market generated a revenue of USD 132,116.6 million in 2024 and is expected to reach USD 645,188.7 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 30.8% by 2030.
  • In terms of segment, smart home products accounted for a revenue of USD 156,814.3 million in 2024.
  • Smart Home Products is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, South Korea is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 132,116.6 million
Market revenue in 2030USD 645,188.7 million
Growth rate30.8% (CAGR from 2025 to 2030)
Largest segmentSmart home products
Fastest growing segmentSmart Home Products
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAmbient Assisted, Smart Home Products

Other key industry trends

  • In terms of revenue, the North America accounted for 36.9% of the global ambient assisted living and smart home market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, South Korea is the fastest growing regional market and is projected to reach USD 19,799.4 million by 2030.

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Ambient Assisted Living And Smart Home Market Companies

Name Profile # Employees HQ Website

Global ambient assisted living and smart home market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ambient assisted living and smart home market will help companies and investors design strategic landscapes.


Smart home products was the largest segment with a revenue share of 118.69% in 2024. Horizon Databook has segmented the Global ambient assisted living and smart home market based on ambient assisted, smart home products covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Ambient Assisted Living And Smart Home Type Outlook (Revenue, USD Million, 2018-2030)
    • Ambient Assisted
      • Safety & Security
      • Communication
      • Medical Assistive
      • Mobility
      • Telemedicine
      • Compensatory Impairment
      • Consumer Electronics
      • Others
    • Smart Home Products
      • Energy Management Systems
      • Entertainment Control
      • Security & Access Control
      • HVAC Control
  • Global Ambient Assisted Living And Smart Home Services Outlook (Revenue, USD Million, 2018-2030)
    • Installation and Repair Service
    • Customization and Renovation

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  • Our clientele includes a mix of ambient assisted living and smart home market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ambient assisted living and smart home market , including forecasts for subscribers. This global databook contains high-level insights into Global ambient assisted living and smart home market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global ambient assisted living and smart home market size, by regions, 2018-2030 (US$M)

Top 10 countries: Ambient assisted living and smart home market size, 2024 (US$M)

Global ambient assisted living and smart home market share, by type, 2024 & 2030 (%, US$M)

Ambient assisted living and smart home market: Opportunity assessment by country

Global ambient assisted living and smart home market, by region, 2024 (US$M)

Global ambient assisted living and smart home market size, by regions, 2018-2030 (US$M)

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