Global Ambient Assisted Living Market Research Report — Forecast till 2027

Published - Aug 2018 | Category - ICT and Media | No. of Pages - 97 | Published By - Market Research Future


The global ambient assisted living market is expected to reach approximately USD 13.74 billion by 2027 growing at a 19.36% CAGR over the forecast period 2017–2027.

Increasing age also increases the need for continuous monitoring and medical assistance. An ambient assisted living is a system that offers the necessary assistance to elderly population. The systems are designed to assist old age and differently-abled population to help them live independently. Thus, ambient assisted living along with smart home applications makes one of the trending markets across the globe. Additionally, advancement in Internet of Things and rising awareness regarding smart home applications are likely to make a positive impact on the growth of ambient assisted living market over the forecast period.


 

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