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The digital silver economy

The digital silver economy

  • January 2017
  • 62 pages
  • ID: 4756176
  • Format: PDF
  • By IDATE

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A proven need for technological solutions to meet the challenges of the silver economy By 2020, there will be 1.6 billion people in the world aged 65 and up. As the life expectancy for a healthy 65-year-old is around 10 years, current human resources will struggle to meet the needs of the ageing population. Technological solutions that span both the medical and the social have thus been developed to allow the world’s senior citizens to age comfortably.

This report explores the technological innovations designed with older adults (age 65+) in mind, and for medical and social practitioners (caregivers, nurses and other healthcare professionals). Six main categories of technology that can help make seniors’ daily lives easier have been distinguished. An analysis of the economic impact and expected take-up rates is also included, along with a detailed look at how each of the players is positioned along the value chain.

The main unanswered questions today relate to:
- Whether seniors and caregivers will embrace these solutions;
- The economic value-added of these solutions;
- And the right business model for these technological solutions (notably in terms of their financing).

General methodology of IDATE reports
The methods employed by IDATE’s teams of analysts and consultants are based on an approach that combines:
- research and validation of data collected in the field;
- the application of classic industry and market analysis tools: segmentation, competition analysis, strategic strengths, modelling, assessment and forecasts…;
- the expertise of specialists who contribute their own analytical capabilities and those of their network of market analysts.

More specifically, the tools employed by IDATE’s teams are as follows:
1/ A multi-disciplinary team of full-time consultants, specialised by sector of activity
IDATE’s analyses are performed primarily by our in-house consultants, and very occasionally by freelance market analysts. This approach allows us to capitalize on our pool of expertise through teamwork, sharing knowledge, ideas, contacts, viewpoints and key data. Each report is drafted by a team of specialists, overseen by senior consultants with a proven track record in their field.

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3/ An integrated information centre sustained by a number of tools and proprietary databases
Over the past 30 years, IDATE has established working and data organization methods and proprietary databases that trace the central chapters in the history of our sectors of expertise.
- Companies: IDATE’s in-house data service tracks the latest news and events to come out of the top telecom, Internet and media industry companies around the globe. Innovative firms and start-ups are monitored by the market experts in the different “Practices”.
- Markets: IDATE’s databases are derived from rigorous processing of fundamental economic variables (GDP, investments, exchange rates, demographics, etc.) and their relation to decisive sector-specific and national elements (capex, national market dynamics, etc.).
- Technologies: IDATE’s organization by Practice provides us with an efficient means of tracking innovation. IDATE’s engineers ensure in-depth understanding of the changing shape of products and services and of the latest innovations in the marketplace.

4/ Contents of the published reports
Each IDATE market report details the structures and issues at play in the market being examined, the decisive strengths (technologies, regulation, consumption) and the players involved. Particular emphasis is given to market assessments and forecasts, as part of the central premise. All market reports are laid out in a clear and concise manner, and illustrated with tables and graphs of key market data and trends.

The process of drafting of a market report includes the following stages:
- analysis of the information available in the in-house databases, and review of analyses performed in the recent past;
- based on a preliminary segmentation and assessment of the market, and as part of an validated interview guide, analysts conduct interviews that enable them to validate working hypotheses;
- a market model is then established, making it possible to test the hypotheses that have an impact on the market’s development, and validated by a new round of interviews;
- and, finally, the report’s conclusions are debated with the team responsible for the project and with expert consultants from the various fields involved;
- a final proofreading and editing/revision process, prior to the production of the final version of the report which is delivered to the client.

Companies
Aetna
AIST
Amazon
Apple
Apple Google
Appliserv
Arkea Assistance
AT&T
Bellman & Symfon
Bluelinea
BPI France
Caisse des Dépôts et Consignations
Carsat
Cigna
Cordaan
Darty
Deutsche Telekom
Doro
facileCare
Fnac
Futureshape
Gazzaley Lab
GE Healthcare
Glitchers
Glitchers
Google
GreatCall
Genious Group
Harmonie Mutuelle
HealthNet
Hewlett-Packard
Humana
Jitterburg
Kyomed
Lora
Lyft
Manzalab
Medtronic
MeMo
Microsoft
Orange HealthCare
Philips Healthcare
Philips Lifeline
Playstation
RespondWell
Robosoft Services Robots
Roche
Royal Philips
Samsung
SBT
Senior@Home
Sense4Care
Sigfox
Tarkett
Tavie
Telefónica
Telegrafik
Unicare
UnitedHealthcare
Verizon
Vodafone
Walmart
Wii
XBOX

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