Denmark Ambient Assisted Living And Smart Home Market Size & Outlook

The ambient assisted living and smart home market in Denmark is expected to reach a projected revenue of US$ 17,038.9 million by 2030. A compound annual growth rate of 30.5% is expected of Denmark ambient assisted living and smart home market from 2024 to 2030.

Revenue, 2023 (US$M)
$2,641.6
Forecast, 2030 (US$M)
$17,038.9
CAGR, 2024 - 2030
30.5%
Report Coverage
Denmark

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

Denmark

Related Markets

Denmark ambient assisted living and smart home market highlights

  • The Denmark ambient assisted living and smart home market generated a revenue of USD 2,641.6 million in 2023 and is expected to reach USD 17,038.9 million by 2030.
  • The Denmark market is expected to grow at a CAGR of 30.5% from 2024 to 2030.
  • In terms of segment, living smart home was the largest revenue generating type in 2023.
  • Living Smart Home is the most lucrative type segment registering the fastest growth during the forecast period.


Ambient assisted living and smart home market data book summary

Market revenue in 2023USD 2,641.6 million
Market revenue in 2030USD 17,038.9 million
Growth rate30.5% (CAGR from 2023 to 2030)
Largest segmentLiving smart home
Fastest growing segmentLiving Smart Home
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAmbient Assisted, Living Smart Home
Key market players worldwideJohnson Controls International PLC, Kohler, Koninklijke Philips NV, Siemens AG, Medic4all, GETEMED, Televic, Loxone, EnOcean Alliance, Caretech Group


Other key industry trends

  • In terms of revenue, Denmark accounted for 2.5% of the global ambient assisted living and smart home market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany ambient assisted living and smart home market is projected to lead the regional market in terms of revenue in 2030.
  • Norway is the fastest growing regional market in Europe and is projected to reach USD 15,814.8 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
Installation and Repair Service
Customization and Renovation

Ambient Assisted Living And Smart Home Market Companies

Name Profile # Employees HQ Website

Denmark 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 92.92% in 2023. Horizon Databook has segmented the Denmark 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.


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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 country-level data and insights on the Denmark ambient assisted living and smart home market , including forecasts for subscribers. This country databook contains high-level insights into Denmark ambient assisted living and smart home market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

Denmark Ambient Assisted Living And Smart Home Market Outlook Share, 2023 & 2030 (US$M)

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

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