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Ambient Assisted Living and Smart Home Market by Product, Services, Assisted Living, Product and Region - Global Trend & Forecast to 2020
NEW YORK, May 3, 2016 /PRNewswire/ -- "The increased safety and security concerns would drive the smart home market" The smart home market size is estimated to grow from USD 25.38 billion in 2015 to USD 56.18 billion by 2020, at a CAGR of 17.2% between 2015 and 2020. It is driven by factors such as increased safety and security concerns, rising demands for energy saving and low carbon emission-oriented solutions. - By Company Type: Tier 1 – 55 %, Tier 2 – 20% and Tier 3 – 25% - By Designation: C level – 60%, Director level – 25%, Others – 15% - By Region: North America – 10%, Europe – 20%, APAC – 40%, RoW – 30% Due to the accelerated growth in smart-home centric wireless protocols and increasing number of activities in the ambient assisted living joint programme (AAL JP), the smart home and ambient assisted living market finds huge opportunity to proliferate in the next five years. Various key smart home and ambient assisted living vendors profiled in the report are as follows: 1. Honeywell International, Inc. (U.S.) 2. Siemens AG (Germany) 3. Schneider Electric S.E. (France) 4. Ingersoll Rand Plc. (Ireland) 5. Legrand SA (France) 6. ABB Group (Switzerland) 7. Medic4all group (Switzerland) 8. Tunstall Healthcare Ltd. (U.K.) 9. Chubb Community Care (U.K.) 10. Televic N.V. (Belgium) 11. Telbios (Italy) 12. Vitaphone GmbH (Germany) 13. GETEMED AG (Germany) 14. Koninklijke Philips N.V. (Netherlands) 15. CareTech AB (Sweden) 16. Assisted Living Technologies, Inc. (U.S.) The report will help the market leaders/new entrants in this market in the following ways: 1. This report segments the smart home and ambient assisted living market comprehensively and provides the closest approximations of the size of the overall market and sub-segments basw different products and regions. 2. The report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. 3. This report will help stakeholders better understand a competitor and gain more insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, new product develpoments, partnerships, and mergers & acquisitions. Read the full report: http://www.reportlinker.com/p03577825-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ambient-assisted-living-and-smart-home-market-by-product-services-assisted-living-product-and-region---global-trend--forecast-to-2020-300262226.html SOURCE Reportlinker |