The “Active Aging Market” Is Predicted to Surge by 2020

A new report predicts that the “active aging market” (which includes both seniors and their family caregivers) will surge from $24.4 billion in 2015 to $42.7 billion in 2020. As Boomers age and this target demographic explodes, the demand for technologies that promote mobility and independence for seniors will only go up.

—Consumer Technology Association