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 29.7% is expected of the worldwide ambient assisted living and smart home industry from 2024 to 2030.
Revenue, 2023 (US$M)
$104,588.9
Forecast, 2030 (US$M)
$645,188.7
CAGR, 2024 - 2030
29.7%
Report Coverage
Worldwide
Global ambient assisted living and smart home market, 2018-2030 (US$M)
Related Markets
Global ambient assisted living and smart home market highlights
- The global ambient assisted living and smart home market generated a revenue of USD 104,588.9 million in 2023 and is expected to reach USD 645,188.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 29.7% by 2030.
- In terms of segment, living smart home accounted for a revenue of USD 97,094.7 million in 2023.
- Living Smart Home 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 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 104,588.9 million |
| Market revenue in 2030 | USD 645,188.7 million |
| Growth rate | 29.7% (CAGR from 2023 to 2030) |
| Largest segment | Living smart home |
| Fastest growing segment | Living Smart Home |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ambient Assisted, Living Smart Home |
Other key industry trends
- In terms of revenue, the North America accounted for 33.4% of the global ambient assisted living and smart home market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 115,292.5 million by 2030.
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Ambient Assisted Living And Smart Home Market Scope
Ambient assisted living and smart home market segmentation & scope
Safety & Security
Communication
Medical Assistive
Mobility
Telemedicine
Compensatory Impairment
Consumer Electronics
Others
Energy Management Systems
Entertainment Control
Security & Access Control
HVAC Control
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.
living smart home was the largest segment with a revenue share of 92.83% in 2023. Horizon Databook has segmented the Global ambient assisted living and smart home market based on ambient assisted, living smart home 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
- Living Smart Home
- Energy Management Systems
- Entertainment Control
- Security & Access Control
- HVAC Control
- Ambient Assisted
- 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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Target buyers of Global ambient assisted living and smart home market databook
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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 statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Ambient assisted living and smart home market size, 2023 (USD Million)
Top 10 countries: Ambient assisted living and smart home market size, 2023 (USD Million)
Global ambient assisted living and smart home market, by region, 2023 (US$M)
Related regional statistics
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