Home Automation to the Rescue: Smart Home technology for Elder Care
Smart homes for elderly helps people age safely and more independently
As the ageing population swells across the globe, the Connected Home & Elder Care market presents a significant opportunity for businesses across sectors. An ecosystem of telecom companies, utility providers, media platforms, healthcare firms, and technology providers can help create a wellness and lifestyle solution that is underpinned by Business 4.0-enabled home automation to:
- Generate information triggers and alerts that can be relayed to medical teams/ care providers, in real time, to enable timely intervention.
- Provide targeted care to a larger set of people by helping elderly with technology.
- Deliver affordable care with limited resources through home automation for elderly that works on subscription-based consumption models.