Global Ambient Assisted Living And Smart Home Market Size & Outlook
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 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 2024 | USD 132,116.6 million |
| Market revenue in 2030 | USD 645,188.7 million |
| Growth rate | 30.8% (CAGR from 2025 to 2030) |
| Largest segment | Smart home products |
| Fastest growing segment | Smart Home Products |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ambient 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Ambient Assisted Living And Smart Home Market Scope
Ambient Assisted Living And Smart Home Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Caretech Group | View profile | 11-50 | Brooklyn, New York, United States, North America | https://www.caretechgroup.com |
| EnOcean Alliance | View profile | 11-50 | San Ramon, California, United States, North America | https://www.enocean-alliance.org |
| Loxone | View profile | 251-500 | Reading, Reading, United Kingdom, Europe | https://www.loxone.com/enen/ |
| Televic | View profile | 501-1000 | Izegem, West-Vlaanderen, Belgium, Europe | https://www.televic.com/en |
| GETEMED | View profile | - | Teltow, Brandenburg, Germany, Europe | https://www.getemed.de/ |
| Medic4all | View profile | - | Petah Tiqva, HaMerkaz, Israel, Asia | http://en.medic4all.it/ |
| Kohler | View profile | 10001+ | Kohler, Wisconsin, United States, North America | http://www.kohler.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
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
- Ambient Assisted
- Global Ambient Assisted Living And Smart Home Services Outlook (Revenue, USD Million, 2018-2030)
- Installation and Repair Service
- Customization and Renovation
Reasons to subscribe to Global ambient assisted living and smart home market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global ambient assisted living and smart home market databook
-
Our clientele includes a mix of ambient assisted living and smart home market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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.
Partial client list
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)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
