Market Overview for Technology for Aging in Place

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Voice First/AI/Voice Assistants

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Voice First/AI/Voice Assistants

2018 Market Overview of Technology for Aging in Place published

Technology and tech-enabled services matter for older adults. The marketplace for technology to assist aging adults in the Longevity Economy is expected to grow to more than $30 billion in the next few years, according to the updated report by Aging in Place Technology Watch, more likely to be based on customization of standard software, using existing platforms than creation of senior-specific products. The report provides predictions about key technology trends for 2018 and beyond. Families, caregivers, and seniors will acquire new tech-enabled services that improve the quality of their lives. The 100-million-strong 50+ market is increasingly aware of technology alternatives -- and providers know it:

2018: What technology matters for older adults?

Technology utilization among older adults grew.  According to Pew Research, smartphone adoption in particular grew among older adults.  Interestingly in a later survey, those with Amazon Echo or Google Home devices and apps used their smartphones less.  Self-driving technology was a big topic in 2017, much of the hype including mention of benefits for older adults.  Still not clear why an Uber driving itself is better than a Lyft or Uber with a driver – unless it is the well-publicized incidents about Uber drivers.

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Innovators deploy voice-first solutions designed specifically for older adults. 

Voice First: What you say should help get what you need

What makes Voice First special for older adults?  This blog has discussed the emergence of Voice First technology -- speech-enabled interactions with technology -- on multiple occasions. But this occasion is different -- it marks the publication of a research effort and resulting report linked here called The Future of Voice First Technology and Older Adults 2018.  Today's blog post offers a short excerpt of key differences between Voice First technology and prior tech generations that apply to all users – but are unique for seniors -- future research will continue to explore that uniqueness. So what has inspired multiple organizations, including Benchmark Senior Living and Carlsbad by the Sea, to begin their programs? They see that while Voice First technology is an early market with some (noted) limitations, it also represents, unlike prior technology generations, benefits for users.  For users and tech managers, Voice First is:

15th Anniversary: What's Next Focuses on 2020

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SAN FRANCISCO, Jan. 22, 2018 /PRNewswire/ -- The 2020 View: Your Blueprint for the Longevity Economy, the 15thAnnual What's Next Boomer Business Summit, hosted by Mary Furlong and Associates, has announced its agenda for March 28th, 2018, in San Francisco, California. 


CES 2018: Five More New Technologies For Older Adults

Tech with applicability in the older adult market.   The Digital Health event is also covered in detail through MobiliHealth news and more than a few of those announcements, not even counting the plethora of tech that addresses diabetes and brain health, could benefit older adults.  And more expert and more detailed (and analytical writing) about new tech at CES reveals a few more offerings that could be useful for older adults if applied to that market.  Here are five – more when there’s more:

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