---
title: "Age Tech: The Market Where Everyone is a Potential Consumer | Trends"
description: Age tech is a trillion-dollar industry where everyone is a potential consumer and now startups like to position themselves as problem-solvers
image: https://www.nlopchantamang.com/hubfs/Imported_Blog_Media/lrg-james-hose-jr-6D58t6uZT5M-unsplash_20190909191259-3.jpg
---

![](https://www.nlopchantamang.com/hubfs/Imported_Blog_Media/lrg-james-hose-jr-6D58t6uZT5M-unsplash_20190909191259-3.jpg)

**What you need to know:** Worldwide, the number of people over 65 totals 635m and could rise to 2B by 2060. The people getting older and living longer want to age comfortably at a home, but a lack of connectivity and social isolation makes it difficult. Venture capital funds have started investing tens of millions in age tech.     

**How you can capitalize:**

- Improve connectivity and decrease social isolation through the sharing economy. Examples include Silvernest, which is a roommate service targeted at seniors.
- Turn any number of clinical treatments or technologies into a direct to consumer service that reduces doctor and hospital visits. 
- Use voice technology and other technologies to transform homes into areas where elderly people can feel more connected and where data can be collected on their well-being.

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