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Ambient Assisted Living and Smart Home Market

Ambient Assisted Living and Smart Home Market

Ambient Assisted Living and Smart Home Market

As per the research conducted by GME, the Ambient Assisted Living and Smart Home Market will grow with a CAGR value of 17.3 percent by 2026. The increasing demand for ambient assisted living is primarily driven by advancements in technology relating to smart homes namely IoT and the emergence of interactive sophisticated infrastructure. Furthermore, the increasing need for regulated care for the elderly and disabled population is propelling the market.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Ambient Assisted Living and Smart Home Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-ambient-assisted-living-and-smart-home-market-3075

By Product (Energy Management Systems, Security & Access Control, HVAC Control, Entertainment Control, and Others), By Service (Installation & Repair and Customization & Renovation), By Protocol & Standard (Digital Addressable Lighting Interface, KNX, Lonworks, Modbus, National Electrical Manufacturers Association’s Digital Lighting Controls Open Protocol, Power Line Communication, and X10), By System (Safety & Security, Communication, Medical Assistance, Mobility, Telemonitoring/Telemedicine, Compensatory Impairments, Consumer Electronics/ Multimedia, and Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis.
Key Market Insights
• Improving mobility enabling more consumers to access smart mobile devices and gadgets in their homes, combined with growing customer awareness of these functionalities, would drive market growth.
• Based on the product type, the security & access control segment will be leading because it uses advanced technologies in conjunction with smartphones.
• Based on the service, installation & repair segment is leading because of the emergence of vendors with high expertise and service quality.
• Based on the protocol & standard, the security & access control segment is leading because it promotes guidelines for maintaining optimal infrastructure requirements for a smart home setup.
• The medical assistance segment is the market leader as per the systems outlook because of the growing aging population.
• Due to the extreme collaborative support from the government and major corporations, North America would dominate the global market.
• Honeywell International, Inc., Siemens AG, Schneider Electric S.E., Ingersoll Rand Plc., Legrand SA, ABB Group, Medic4all Group, Tunstall Healthcare Ltd., Chubb Community Care, Televic N.V., Telbios, Vitaphone GmbH, GETEMED AG, Koninklijke Philips N.V., CareTech AB, and Assisted Living Technologies, Inc. are the top players in the ambient assisted living and smart home market.

Browse the Report @ https://www.globalmarketestimates.com/market-report/global-ambient-assisted-living-and-smart-home-market-3075

Product Outlook (Revenue, USD Billion, 2021-2026)
• Energy Management Systems
• Security & Access Control
• HVAC Control
• Entertainment Control
• Others

Services Outlook (Revenue, USD Billion, 2021-2026)
• Installation & Repair
• Customization & Renovation

Protocol & Standard Outlook (Revenue, USD Billion, 2021-2026)
• Digital Addressable Lighting Interface
• KNX
• Lonworks
• Modbus
• National Electrical Manufacturers Association’s Digital Lighting Controls Open Protocol
• Power Line Communication
• X10

System Outlook (Revenue, USD Billion, 2021-2026)
• Safety & Security
• Communication
• Medical Assistance
• Mobility
• Telemonitoring/Telemedicine
• Compensatory Impairments
• Consumer Electronics/ Multimedia
• Others

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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