The ambient assisted living and smart home market is experiencing significant growth, driven by technological advancements and the increasing need for aging population solutions. Smart homes focus on integrating technology into everyday environments to support elderly or disabled individuals, enhancing their quality of life and independence. The market is expanding due to the rise in demand for home automation, security systems, and healthcare monitoring solutions. Recent developments include the introduction of advanced IoT-enabled devices, voice-controlled assistants, and wearable health trackers that provide real-time data to caregivers and healthcare providers. In addition, the growing popularity of AI and machine learning technologies is enhancing predictive analytics in managing health conditions. The integration of these technologies is revolutionizing how care is delivered and how people interact with their homes, ensuring a safer, more efficient living environment for all.