- In June 2022, Athulya Assisted Living, a provider of assisted living and home healthcare services in India, announced the opening of a 250-bed premium facility in Bengaluru. The facility aims to offer comprehensive care for senior citizens, including assisted living, palliative care, critical home care, and transitional care. This expansion highlights the company's commitment to providing specialized, all-inclusive services for the elderly under one roof
- In June 2022, Amazon unveiled several updates and its strategic plans to enable ambient intelligence, which aims to transform how people interact with technology. This initiative focuses on integrating artificial intelligence (AI) across various applications, enhancing user experience and convenience. The updates will reshape how technology seamlessly integrates into daily life, improving interaction and functionality through AI-driven solutions
- In June 2020, Sensara developed smart alarm algorithms designed for community use, complementing their successful night alarms for nursing homes. The advanced software learns individuals' daily routines and tracks any deviations from those patterns. This intelligent system enhances safety by alerting caregivers to potential issues, offering more personalized and proactive care for residents
Frequently Asked Questions
The market is segmented based on Global Ambient Assisted Living and Smart Home Market Segmentation, By Product (Energy Management System, Entertainment Control, Security and Access Control, and HVAC Control), Service (Installation and Repair Services and Customization and Renovation), Type (Safety and Security, Communication, Medical Assistive, Mobility, Tele monitoring or Telemedicine, Compensatory Impairment, Consumer Electronics/Multimedia, and Others) – Industry Trends and Forecast to 2032
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The Global Ambient Assisted Living And Smart Home Market size was valued at USD 144.99 USD Billion in 2024.
The Global Ambient Assisted Living And Smart Home Market is projected to grow at a CAGR of 20.14% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
