Global Assisted Living Software Market 2024-2028

The assisted living software market is forecasted to grow by USD 682.51 mn during 2023-2028, accelerating at a CAGR of 15.9% during the forecast period. The report on the assisted living software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the aging baby boomer population, increased need for electronic medication administration record (EMAR) integration, and growing demand for improved quality of care.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	15.3%
CAGR	15.9%
Incremental Value	$682.51mn

Technavio's assisted living software market is segmented as below:

By Deployment

Cloud-based
On-premises

By Application

Appointment scheduling
Resource allocation
Documentation of services

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the integration of artificial intelligence (AI) and machine learning (ML) algorithms into assisted living software as one of the prime reasons driving the assisted living software market growth during the next few years. Also, increased adoption of analytics in assisted living software and incorporation of family engagement in assisted living software will lead to sizable demand in the market.

The report on the assisted living software market covers the following areas:

Assisted living software market sizing
Assisted living software market forecast
Assisted living software market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading assisted living software market vendors that include AL Advantage LLC, Assisted Living Soft LLC, CarePredict Inc., CareVoyant Inc., CarexTech Inc., Curenta LLC, Eldermark Software LLC, Extended Care Professional LLC, iCareManager LLC, Medtelligent Inc., Netsmart Technologies Inc., OSP, PointClickCare Technologies Inc., RealPage Inc., ResMed Inc., Senior Insight Inc., Storii Inc., Vitals Software, WellSky Corp., and Yardi Systems Inc.. Also, the assisted living software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44084

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global assisted living software market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global assisted living software market 2018 - 2022 ($ million)
4.2 Deployment Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Deployment

6.1 Market segments
Exhibit 30: Chart on Deployment - Market share 2023-2028 (%)
Exhibit 31: Data Table on Deployment - Market share 2023-2028 (%)
6.2 Comparison by Deployment
Exhibit 32: Chart on Comparison by Deployment
Exhibit 33: Data Table on Comparison by Deployment
6.3 Cloud-based - Market size and forecast 2023-2028
Exhibit 34: Chart on Cloud-based - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Cloud-based - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Cloud-based - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Cloud-based - Year-over-year growth 2023-2028 (%)
6.4 On-premises - Market size and forecast 2023-2028
Exhibit 38: Chart on On-premises - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on On-premises - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on On-premises - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on On-premises - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Deployment
Exhibit 42: Market opportunity by Deployment ($ million)
Exhibit 43: Data Table on Market opportunity by Deployment ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2023-2028 (%)
Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Appointment scheduling - Market size and forecast 2023-2028
Exhibit 48: Chart on Appointment scheduling - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Appointment scheduling - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Appointment scheduling - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Appointment scheduling - Year-over-year growth 2023-2028 (%)
7.4 Resource allocation - Market size and forecast 2023-2028
Exhibit 52: Chart on Resource allocation - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Resource allocation - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Resource allocation - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Resource allocation - Year-over-year growth 2023-2028 (%)
7.5 Documentation of services - Market size and forecast 2023-2028
Exhibit 56: Chart on Documentation of services - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Documentation of services - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Documentation of services - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Documentation of services - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Application
Exhibit 60: Market opportunity by Application ($ million)
Exhibit 61: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 France - Market size and forecast 2023-2028
Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ million)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 AL Advantage LLC
Exhibit 115: AL Advantage LLC - Overview
Exhibit 116: AL Advantage LLC - Product / Service
Exhibit 117: AL Advantage LLC - Key offerings
12.4 CarePredict Inc.
Exhibit 118: CarePredict Inc. - Overview
Exhibit 119: CarePredict Inc. - Product / Service
Exhibit 120: CarePredict Inc. - Key offerings
12.5 Curenta LLC
Exhibit 121: Curenta LLC - Overview
Exhibit 122: Curenta LLC - Product / Service
Exhibit 123: Curenta LLC - Key offerings
12.6 Eldermark Software LLC
Exhibit 124: Eldermark Software LLC - Overview
Exhibit 125: Eldermark Software LLC - Product / Service
Exhibit 126: Eldermark Software LLC - Key offerings
12.7 iCareManager LLC
Exhibit 127: iCareManager LLC - Overview
Exhibit 128: iCareManager LLC - Product / Service
Exhibit 129: iCareManager LLC - Key offerings
12.8 Medtelligent Inc.
Exhibit 130: Medtelligent Inc. - Overview
Exhibit 131: Medtelligent Inc. - Product / Service
Exhibit 132: Medtelligent Inc. - Key offerings
12.9 Netsmart Technologies Inc.
Exhibit 133: Netsmart Technologies Inc. - Overview
Exhibit 134: Netsmart Technologies Inc. - Product / Service
Exhibit 135: Netsmart Technologies Inc. - Key offerings
12.10 PointClickCare Technologies Inc.
Exhibit 136: PointClickCare Technologies Inc. - Overview
Exhibit 137: PointClickCare Technologies Inc. - Product / Service
Exhibit 138: PointClickCare Technologies Inc. - Key offerings
12.11 RealPage Inc.
Exhibit 139: RealPage Inc. - Overview
Exhibit 140: RealPage Inc. - Product / Service
Exhibit 141: RealPage Inc. - Key offerings
12.12 ResMed Inc.
Exhibit 142: ResMed Inc. - Overview
Exhibit 143: ResMed Inc. - Business segments
Exhibit 144: ResMed Inc. - Key news
Exhibit 145: ResMed Inc. - Key offerings
Exhibit 146: ResMed Inc. - Segment focus
12.13 Senior Insight Inc.
Exhibit 147: Senior Insight Inc. - Overview
Exhibit 148: Senior Insight Inc. - Product / Service
Exhibit 149: Senior Insight Inc. - Key offerings
12.14 Storii Inc.
Exhibit 150: Storii Inc. - Overview
Exhibit 151: Storii Inc. - Product / Service
Exhibit 152: Storii Inc. - Key offerings
12.15 Vitals Software
Exhibit 153: Vitals Software - Overview
Exhibit 154: Vitals Software - Product / Service
Exhibit 155: Vitals Software - Key offerings
12.16 WellSky Corp.
Exhibit 156: WellSky Corp. - Overview
Exhibit 157: WellSky Corp. - Product / Service
Exhibit 158: WellSky Corp. - Key offerings
12.17 Yardi Systems Inc.
Exhibit 159: Yardi Systems Inc. - Overview
Exhibit 160: Yardi Systems Inc. - Product / Service
Exhibit 161: Yardi Systems Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 162: Inclusions checklist
Exhibit 163: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 164: Currency conversion rates for US$
13.4 Research methodology
Exhibit 165: Research methodology
Exhibit 166: Validation techniques employed for market sizing
Exhibit 167: Information sources
13.5 List of abbreviations
Exhibit 168: List of abbreviations