Product Code: GVR-4-68040-041-0
Ambient Assisted Living And Smart Home Market Growth & Trends:
The global ambient assisted living and smart home market size is estimated to reach USD 645.19 billion by 2030, registering a CAGR of 30.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing popularity of the internet and smartphones fuels the demand for internet and smartphone-connected smart home devices. With the rise of digital assistants like Alexa, Google Assistant, Siri, and Bixby, smart home devices can be operated and controlled using voice commands. These virtual assistants' offer features, such as control Bluetooth connectivity and hands-free channel browsing are driving the market growth.
The demand for Ambient Assisted Living (AAL) systems, devices, and applications for personalized health tracking and telehealth services is significantly rising owing to increasing healthcare costs, and AAL systems can help to reduce the costs by enabling remote monitoring and reducing hospital readmissions. Rising awareness of health systems and concepts such as electronic medical records, mobile medical applications, and others is laying the foundation for personal medical monitoring.
Ambient Assisted Living And Smart Home Market Report Highlights:
- In terms of smart home products, the entertainment control segment accounted for the largest revenue share of 42.6% % in 2024 and is expected to retain its dominance over the forecast period. Growing adoption of voice-activated devices coupled with increasing internet penetration drives the demand for the entertainment control segment. Entertainment controls include multimedia controls, audio, video, touchscreen, keypads, and theater control systems. The HVAC control segment is anticipated to witness the highest growth rate of 34.5% during the forecast period.
- Based on the ambient assisted living type, the safety & security segment held the largest revenue share of 21.1% in 2024. The rise in the usage of wearable devices among consumers is also supporting the market growth. Wearable devices help in improving safety, health, and quality of life for the elderly and consumers requiring assistive care. The compensatory impairment segment is expected to witness the highest CAGR during the forecast period. The high prevalence of consumers with disabilities coupled with advancements in smart home automation is likely to drive the demand for the segment.
- Based on the service, the installation and repair service segment held the largest revenue share in 2024 and is expected to maintain its position over the forecast period. As the demand for smart home technology continues to grow, the need for installation and repair services is also increasing. These services help homeowners install and set up their smart home devices, as well as troubleshoot and repair any issues that arise.
- The customization and renovation is anticipated to witness the highest CAGR during the forecast period. Customization and renovation services can help individuals create living spaces that are safe, comfortable, and functional while also incorporating features that promote health and wellness.
- North America dominated the market with a share of 33.1% in 2024 and is anticipated to retain its dominance over the forecast period. Development in sensors for the elderly and the growing adoption of connected devices is driving the sales of smart home solutions in the region. For instance, Origin Wireless, Inc., U.S. based home monitoring and automation company, offers home monitoring devices equipped with non-line-of-sight (NLOS) sensing, which provides sleep insights, fall detection, wander, and sends alerts to caregivers.
- Asia Pacific is anticipated to exhibit significant CAGR of during the forecast period. The increase in disposable income and higher penetration of data connectivity solutions in South Korea, Singapore, and Taiwan are driving market growth in Asia Pacific.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Ambient Assisted Living and Smart Home Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Ambient Assisted Living and Smart Home Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and Social landscape
- 3.3.2.3. Technological landscape
Chapter 4. Ambient Assisted Living and Smart Home Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Ambient Assisted Living and Smart Home Market: Type Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Smart Home Products
- 4.3.1. Smart Home Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.2. Energy Management Systems
- 4.3.2.1. Energy Management Systems Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.3. Entertainment Control
- 4.3.3.1. Entertainment Control Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.4. Security & Access Control
- 4.3.4.1. Security & Access Control Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.5. HVAC Control
- 4.3.5.1. HVAC Control Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Ambient Assisted Living
- 4.4.1. Ambient Assisted Living Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.2. Safety & Security
- 4.4.2.1. Safety & Security Ambient Assisted Living and Smart Home Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.3. Communication
- 4.4.3.1. Communication Ambient Assisted Living and Smart Home Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.4. Medical Assistive
- 4.4.4.1. Medical Assistive Transportation Ambient Assisted Living and Smart Home Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.5. Mobility
- 4.4.5.1. Mobility Ambient Assisted Living and Smart Home Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.6. Telemedicine
- 4.4.6.1. Telemedicine Ambient Assisted Living and Smart Home Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.7. Compensatory Impairment
- 4.4.7.1. Compensatory Impairment Ambient Assisted Living and Smart Home Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.8. Consumer Electronics
- 4.4.8.1. Consumer Electronics Ambient Assisted Living and Smart Home Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.9. Others
- 4.4.9.1. Other Ambient Assisted Living and Smart Home Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Ambient Assisted Living and Smart Home Market: Service Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Ambient Assisted Living and Smart Home Market: Service Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Installation and Repair Service
- 5.3.1. Installation and Repair Service Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Customization and Renovation
- 5.4.1. Customization and Renovation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Ambient Assisted Living and Smart Home Market: Regional Estimates & Trend Analysis
- 6.1. Ambient Assisted Living and Smart Home Market Share, By Region, 2024 & 2030 USD Million
- 6.2. North America
- 6.2.1. North America Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.1.1. North America Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Million)
- 6.2.1.2. North America Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.2.1.3. North America Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2.2. U.S. Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.2.2.3. U.S. Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3.2. Canada Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.2.3.3. Canada Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4.2. Mexico Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.2.4.3. Mexico Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.1.1. Europe Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Million)
- 6.3.1.2. Europe Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.3.1.3. Europe Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.3.2. U.K.
- 6.3.2.1. U.K. Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2.2. U.K. Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.3.2.3. U.K. Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3.2. Germany Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.3.3.3. Germany Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. France Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.3.4.3. France Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Italy Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Italy Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.3.5.3. Italy Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Spain Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Spain Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.3.6.3. Spain Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.3.7. Sweden
- 6.3.7.1. Sweden Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.7.2. Sweden Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.3.7.3. Sweden Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.3.8. Norway
- 6.3.8.1. Norway Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.8.2. Norway Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.3.8.3. Norway Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.3.9. Denmark
- 6.3.9.1. Denmark Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.9.2. Denmark Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.3.9.3. Denmark Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.1.1. Asia Pacific Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Million)
- 6.4.1.2. Asia Pacific Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.4.1.3. Asia Pacific Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2.2. China Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.4.2.3. China Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3.2. Japan Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.4.3.3. Japan Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. India Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.4.4.3. India Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. South Korea Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.4.5.3. South Korea Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.4.6. Thailand
- 6.4.6.1. Thailand Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. Thailand Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.4.6.3. Thailand Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.4.7. Australia
- 6.4.7.1. Australia Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.7.2. Australia Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.4.7.3. Australia Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.1.1. Latin America Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Million)
- 6.5.1.2. Latin America Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.5.1.3. Latin America Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2.2. Brazil Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.5.2.3. Brazil Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Argentina Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.3.2. Argentina Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.5.3.3. Argentina Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.1.1. Middle East and Africa Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Million)
- 6.6.1.2. Middle East and Africa Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.6.1.3. Middle East and Africa Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.6.2. UAE
- 6.6.2.1. UAE Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2.2. UAE Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.6.2.3. UAE Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.6.3. KSA
- 6.6.3.1. KSA Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3.2. KSA Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.6.3.3. KSA Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4.2. South Africa Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.6.4.3. South Africa Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
- 6.6.5. Kuwait
- 6.6.5.1. Kuwait Ambient Assisted Living and Smart Home Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.5.2. Kuwait Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Type, 2018 - 2030 (USD Million)
- 6.6.5.3. Kuwait Ambient Assisted Living and Smart Home Market Estimates and Forecasts, by Service, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Participant's Overview
- 7.4. Financial Performance
- 7.5. Product Benchmarking
- 7.6. Company Heat Map Analysis
- 7.7. Strategy Mapping
- 7.8. Company Profiles/Listing
- 7.8.1. Johnson Controls
- 7.8.2. Heila Technologies
- 7.8.3. Medic4all
- 7.8.4. GETEMED Medizin- und Informationstechnik AG
- 7.8.5. House Intelligence GmbH
- 7.8.6. Televic
- 7.8.7. Loxone Electronics GmbH
- 7.8.8. EnOcean Alliance Inc.
- 7.8.9. Caretech Group
- 7.8.10. Koninklijke Philips N.V.
- 7.8.11. Tunstall Group
- 7.8.12. Siemens