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Market Overview for Technology for Aging in Place

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Market Overview Technology for Older Adults

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PDF icon Market Overview 2017 Final.pdf2.33 MB

Updated March 7, 2017

The marketplace for technology to assist aging adults in the Longevity Economy is expected to grow sharply from $2 billion today 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 than creation of senior-specific products. The report provides predictions about key technology trends for 2017 and beyond. Families, caregivers, and seniors will acquire new tech-enabled services that .  The 100-million-strong 50+ market is increasingly aware of technology alternatives according to Laurie M. Orlov, who founded the market research firm in 2009.

Blending her years of analyst experience and recent in-depth research on the subject, Laurie’s forward-looking study is illustrated with descriptive graphics and 20+ new offerings: including new devices, caregiving apps, the emergence of 'Voice First' interfaces and more that deconstruct the aging in place model to help make companies more in tune with this growing trend.