Ambient Assisted Living & Smart Home Market by Component, Product

Description

List of Tables

[197 Pages Report] The Ambient Assisted Living & Smart Home Market size was estimated at USD 84.70 billion in 2023 and expected to reach USD 102.38 billion in 2024, at a CAGR 20.96% to reach USD 320.96 billion by 2030.

Global Ambient Assisted Living & Smart Home Market

KEY MARKET STATISTICS
Base Year [2023]	USD 84.70 billion
Estimated Year [2024]	USD 102.38 billion
Forecast Year [2030]	USD 320.96 billion
CAGR (%)	20.96%

Ambient Assisted Living & Smart Home Market - IMG1

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Ambient Assisted Living & Smart Home Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Ambient Assisted Living & Smart Home Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Ambient Assisted Living & Smart Home Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., APi Group, Assisted Living Technologies, Inc., CareTech Group, GETEMED Medizin- und Informationstechnik AG, GNOMON INFORMATICS SA, Honeywell International Inc., House Intelligence GmbH, Johnson Controls, Koninklijke Philips N.V., Legrand Group, Loxone Electronics GmbH, Medic4all, SAVANT TECHNOLOGIES LLC, Schneider Electric SE, Siemens AG, Televic, and Tunstall Group.

Market Segmentation & Coverage

This research report categorizes the Ambient Assisted Living & Smart Home Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Services
  - Customization & Renovation
  - Installation & Repair Service
- Solution
Product
- Energy Management System
  - Lighting Control
  - Smart Device
- Entertainment Control
  - Audio Controller
  - Home Theatre System Control
  - Multimedia Room Control
  - Touch Screen & Keypad
- HVAC Control
  - Climate Control
  - Humidity Sensor
  - Temperature Sensor
  - Thermostat
- Security & Access Control
  - Access Control
  - Security Control
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Ambient Assisted Living & Smart Home Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Ambient Assisted Living & Smart Home Market?

3. What are the technology trends and regulatory frameworks in the Ambient Assisted Living & Smart Home Market?

4. What is the market share of the leading vendors in the Ambient Assisted Living & Smart Home Market?

5. Which modes and strategic moves are suitable for entering the Ambient Assisted Living & Smart Home Market?

Product Code: MRR-031BF22FA1D3

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Ambient Assisted Living & Smart Home Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. High penetration of network connectivity globally and the ease of monitoring & controlling home appliances
  - 5.1.1.2. Increasing disposable income and need for safety & security systems at home
  - 5.1.1.3. Vulnerability of aging population with illnesses requires incessant monitoring and assistance
- 5.1.2. Restraints
  - 5.1.2.1. Low network connectivity and security breach
- 5.1.3. Opportunities
  - 5.1.3.1. Wireless technology advancements and need for managing resources
  - 5.1.3.2. Growing demand for better healthcare infrastructure and information communication technology
- 5.1.4. Challenges
  - 5.1.4.1. Significant maintenance costs and high capital investment
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Ambient Assisted Living & Smart Home Market, by Component

6.1. Introduction
6.2. Services
- 6.3.1. Customization & Renovation
- 6.3.2. Installation & Repair Service
6.3. Solution

7. Ambient Assisted Living & Smart Home Market, by Product

7.1. Introduction
7.2. Energy Management System
- 7.3.1. Lighting Control
- 7.3.2. Smart Device
7.3. Entertainment Control
- 7.4.1. Audio Controller
- 7.4.2. Home Theatre System Control
- 7.4.3. Multimedia Room Control
- 7.4.4. Touch Screen & Keypad
7.4. HVAC Control
- 7.5.1. Climate Control
- 7.5.2. Humidity Sensor
- 7.5.3. Temperature Sensor
- 7.5.4. Thermostat
7.5. Security & Access Control
- 7.6.1. Access Control
- 7.6.2. Security Control

8. Americas Ambient Assisted Living & Smart Home Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Ambient Assisted Living & Smart Home Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Ambient Assisted Living & Smart Home Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. ABB Ltd.
- 12.1.2. APi Group
- 12.1.3. Assisted Living Technologies, Inc.
- 12.1.4. CareTech Group
- 12.1.5. GETEMED Medizin- und Informationstechnik AG
- 12.1.6. GNOMON INFORMATICS SA
- 12.1.7. Honeywell International Inc.
- 12.1.8. House Intelligence GmbH
- 12.1.9. Johnson Controls
- 12.1.10. Koninklijke Philips N.V.
- 12.1.11. Legrand Group
- 12.1.12. Loxone Electronics GmbH
- 12.1.13. Medic4all
- 12.1.14. SAVANT TECHNOLOGIES LLC
- 12.1.15. Schneider Electric SE
- 12.1.16. Siemens AG
- 12.1.17. Televic
- 12.1.18. Tunstall Group
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing