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Market Research Report

Smart Home, Caregiving, and Aging-in-Place

Published by Parks Associates Product code 581339
Published Content info 56 Slides
Delivery time: 1-2 business days
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Smart Home, Caregiving, and Aging-in-Place
Published: November 20, 2017 Content info: 56 Slides
Description

SYNOPSIS

This 360 View Update provides an analysis of existing and anticipated independent living needs among people age 50 and older. Based on survey data, this research explores consumers motivation and perception about aging, analyze key needs categories for independent living, explore their role as caregivers and resulting impact on their thinking about independent living, and test their interest and likelihood to buy for selected solutions/services, including those enabled by smart home technologies and products.

ANALYST INSIGHT

“Over the next several decades, there will be an increased demand for solutions aimed at improving the quality of life for seniors. These solutions, including smart homes, on-demand services, and autonomous vehicles, represent a vast market opportunity for interested players.” - Kristen Hanich, Research Analyst, Parks Associates.

Table of Contents

Table of Contents

Executive Summary

  • Industry Insight
  • Key Findings & Market Impact

Motivation and Perceptions on Aging

  • Consumer Attitudes towards Managing Personal Health (Q2/17)
  • Caregiver Attitudes towards Managing Personal Health (Q2/17)
  • Attitudes Towards Retirement (Q2/17)
  • Attitudes Towards Retirement by Age (Q2/17)
  • Concerns About Retirement Life Disruptions (Q2/17)
  • Concerns About Retirement Life Disruptions by Age (Q2/17)
  • Concerns About Retirement Life Disruptions by Household Income (Q2/17)
  • Concerns About Retirement Life Disruptions by Chronic Conditions (Q2/17)
  • Expectation on Most Likely Place to be Living at Age 80 (Q3/17)
  • Perception of Home Living at Age 80 by Age (Q2/17)
  • Perception of Home Living at Age 80 by Household Income (Q2/17)
  • Perceptions of Home Living at Age 80 by People Living in Home (Q2/17)
  • Perception of Home Living at Age 80 by Number of Children at Home (Q2/17)

Independent Living Needs and Solutions

  • Perceived Importance of Home Living Aspects (Q2/17)
  • Perceived Usefulness of Home Living Features for Oneself (Q2/17)
  • Interest in Paying for Home Living Features for Oneself (Q2/17)
  • Interest in Paying for Selected Services for Oneself by Age (Q2/17)
  • High Likelihood of Paying for Any One Service for Oneself at Specified Monthly Fees (Q2/17)
  • Likelihood of Buying a Service Package For Oneself at Specified Monthly Fees by Adoption of a Security System (Q2/17)
  • Likelihood of Buying a Service Package at Specified Monthly Fees for Oneself by Monthly Payment for Professional Monitoring (Q2/17)

Supporting Caregivers

  • Top 5 Most Useful Home Living Features for Caregivers, Pt. 1 (Q2/17)
  • Top 5 Most Useful Home Living Features for Caregivers, Pt. 2 (Q2/17)
  • Interest in Buying a Home Living Service Package for a Loved One by Caregiving Status (Q2/17)
  • Preferred Device for Receiving Alerts About Loved One (Q2/17)
  • High Likelihood of Buying a Home Living Service Package for a Loved One with Specified Monthly Fees (Q2/17)
  • Likelihood of Buying a Home Living Service Package for a Loved One with Specified Monthly Fees by Adoption of Security System (Q2/17)
  • Likelihood of Buying a Home Living Service Package for a Loved One with Specified Monthly Fees by Monthly Payment for Professional Monitoring (Q2/17)
  • Security Monitoring Provider by Caregiver Status (Q2/17)

Smart Home for Independent Living

  • Perceived Usefulness of Home Living Features For Oneself Among Connected Device Owners (Q2/17)
  • Interest in Buying a Home Living Service Package for Oneself by Connected Device Adoption (Q2/17)
  • High Likelihood of Buying a Service Package for Oneself at Specified Monthly Fees by Connected Device Ownership (Q2/17)
  • High Likelihood of Buying a Service Package at Specified Monthly Fees for Oneself by Adoption of a Smart Home Controller/System (Q2/17)
  • Adoption of Connected Device Categories by Caregiver Status (Q2/17)
  • Perceived Usefulness of Home Living Features for Caregiving by Connected Device Ownership (Q2/17)
  • Interest in Buying a Home Living Service Package for a Loved One by Connected Device Adoption (Q2/17)
  • High Likelihood of Buying a Service Package for a Loved One at Specified Monthly Fees by Connected Device Ownership (Q2/17)
  • Likelihood of Buying a Home Living Service Package with Specified Monthly Fees by Adoption of a Home Control System (Q2/17)

Appendix

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