Europe Ambient Assisted Living And Smart Home Market Size & Outlook
The ambient assisted living and smart home market in Europe is expected to reach a projected revenue of US$ 165,426.4 million by 2030. A compound annual growth rate of 30.3% is expected of Europe ambient assisted living and smart home market from 2025 to 2030.
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- Ambient Assisted Living And Smart Home Market Outlook
- Industrial Automation & Frontier Technologies
Revenue, 2024 (US$M)
$34,628.0
Forecast, 2030 (US$M)
$165,426.4
CAGR, 2025 - 2030
30.3%
Report Coverage
Europe
Europe Ambient Assisted Living And Smart Home Market, 2018-2030 (US$M)
Global Market
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Europe ambient assisted living and smart home market highlights
- The Europe ambient assisted living and smart home market generated a revenue of USD 34,628.0 million in 2024.
- The market is expected to grow at a CAGR of 30.3% from 2025 to 2030.
- In terms of segment, smart home products was the largest revenue generating type in 2024.
- Smart Home Products is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Sweden is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 34,628.0 million |
| Market revenue in 2030 | USD 165,426.4 million |
| Growth rate | 30.3% (CAGR from 2025 to 2030) |
| Largest segment | Smart home products |
| Fastest growing segment | Smart Home Products |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ambient Assisted, Smart Home Products |
| Key market players worldwide | Johnson Controls International PLC, Kohler, Koninklijke Philips NV, Siemens AG, Medic4all, GETEMED, Televic, Loxone, EnOcean Alliance, Caretech Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.2% of the global ambient assisted living and smart home market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 138,457.5 million by 2030.
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Publish Date: Dec 04, 2024
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Ambient Assisted Living And Smart Home Market Scope
Ambient Assisted Living And Smart Home Market segmentation & scope
Ambient Assisted Living And Smart Home Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson Controls International PLC | View profile | 102,000 | One Albert Quay, Cork, Ireland, T12 X8N6 | www.johnsoncontrols.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| Kohler | View profile | 10001+ | Kohler, Wisconsin, United States, North America | www.kohler.com |
| Medic4all | View profile | - | Petah Tiqva, HaMerkaz, Israel, Asia | en.medic4all.it/ |
| GETEMED | View profile | - | Teltow, Brandenburg, Germany, Europe | www.getemed.de/ |
| Televic | View profile | 501-1000 | Izegem, West-Vlaanderen, Belgium, Europe | www.televic.com/en |
| Loxone | View profile | 251-500 | Reading, Reading, United Kingdom, Europe | www.loxone.com/enen/ |
| EnOcean Alliance | View profile | 11-50 | San Ramon, California, United States, North America | www.enocean-alliance.org |
| Caretech Group | View profile | 11-50 | Brooklyn, New York, United States, North America | www.caretechgroup.com |
Europe Ambient Assisted Living And Smart Home Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Ambient Assisted Living And Smart Home Market Outlook will help companies and investors design strategic landscapes.
Smart Home Products was the largest segment with a revenue share of 118.24% in 2024.
Horizon Databook has segmented the Europe ambient assisted living and smart home market based on ambient assisted, smart home products covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Ambient Assisted Living And Smart Home Market Type Outlook (Revenue, USD Million , 2018-2030)
- Ambient Assisted
- Living Smart Home
- Europe Ambient Assisted Living And Smart Home Market Services Outlook (Revenue, USD Million , 2018-2030)
- Installation and Repair Service
- Customization and Renovation
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Ambient Assisted Living And Smart Home Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Ambient Assisted Living And Smart Home Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Ambient Assisted Living And Smart Home Market, 2018-2030 (US$M)
Europe ambient assisted living and smart home market statistics, by type, 2018-2030 (US$M)
