Time for the Market Overview Technology for Aging 2021. It’s a new year and the baby boomers turn 75. It took the combination of 73 million boomers, a pandemic emergency, and the sheer size of the aging population to transform a 2009 market niche into this 2021 market category worthy of investment-- less about products specifically designed for older adults as it is about the marketing of many existing offerings as useful to them. But this is January, 2021, in the time of Covid-19 and the time of the all-digital Consumer Electronics Show -- this time with at least 70,000 online attendees from around the world and the tech industry -- and so new companies are surfacing with technologies that will generate interest and even excitement during 2021. Learn more.
What is broadband and why should seniors want it? The buzz about broadband and older adults has grown louder since the start of the pandemic – which worsened social isolation for so many older adults. A just-released report sponsored by the Humana Foundation and OATS called Aging Connected, made the case that nearly 22 million seniors (age 65+) lack wireline broadband access at home. Not a surprise -- that follows other reports over the past year or two like Pew (2019), which noted that only 59% of the 53.7 million aged 65+ have home broadband. This new report has a point of view -- despite surveys that indicate that people use their smartphones (wireless versus "wireline") to access the Internet, truncated screens can be problematic. The report notes difficulty with financial and document management/editing – as well as limitations in using social networking and engagement technology. Issues have often been noted that act as barriers to accessing services like telehealth for example. In fact, lack of access to a portal for vaccine appointments has recently emerged as a new broadband divide.
Even online – it was still CES – from the silly to interesting to useful. How many of these exist? An international conference where inventions from everywhere are welcomed. Some of these offerings, as always, are odd. But some, as with yesterday’s CES 2021 blog post, are quite straightforward and obviously useful. Others require a leap of imagination or a good explanation as to why this variant of hearing aid is worth as much as $4000 per ear. As always with CES, some capabilities are interesting and have future potential – and some are just too cute for more words. Here are 8 more:
CES 2021 – roll the press releases and turn on your computer. A long time ago, one writer published a charmingly-named CES overview of CES 2012 called CES in Pajamas – an entertaining read with links to 2012 videos just to see what flopped, what was canceled (remember Microsoft Kinect?) and what/who is still around. Laptops were hot (remember the Ultrabook?) Voice First and the Apple Watch had not emerged. Oh well. Fast forward to 2021. Pajama-like clothing is the only way to consume the content vastness of this entirely online Consumer Electronics Show with 500 exhibits, 70,000 registered attendees, and 3 full days of sessions, many pre-recorded, some live. Too many press releases and some odd stuff (a rollable Smart phone?) Here are a few useful to older adults, alphabetical from firm sites:
It's 2021 and baby boomers turn 75. It took the combination of 71 million boomers, a pandemic emergency, and the sheer size of the aging population to transform a 2009 market niche into this 2021 market category worthy of investment-- less about products specifically designed for older adults as it is about the marketing of many existing offerings as useful to them. But this is January, 2021, in the time of Covid-19 and the time of the all digital Consumer Electronics Show -- this time with at least 70,000 online attendees from around the world and the tech industry -- and so new companies are surfacing with technologies that will generate interest and even excitement during 2021. The entrants that can help older adults fit into categories like:
Long ago in a city far, far away, there was CES 2020. It was filled with tech from wall-to-wall and bus ride to bus ride. CES 2020 was a January 2020 nightmare of related products sited at opposite ends of convention space that seemed to span miles in one direction, and up elevators to suites in the opposite direction. A competition winner here, a spotlight on hearing there, health tech here – there a robot, there a drone – everywhere a bus ride and 170,000 people. Leaving with sore feet and tired brain, vowing never to attend in person again (having said that multiple times over the years). Who knew that Covid-19 was about to take over the world -- and with it, the world of events? Soon there will be CES 2021, entirely online -- no smoke-filled hotels, no Bellagio fountain, and no need for comfortable shoes. There should be many to note in January 2021. Meanwhile, pre-CES, here are five recently surfaced. All content is drawn from the company websites.
Once upon a time, a new technology user interface was just annoying. It’s almost quaint to look back at what we complained about – though some of the famous user interface disasters are well-described in a Scientific American article – Windows 8, BMW iDrive, TV remotes. At some point, the user gets mad. The BMW iDrive example prompted some drivers to turn around and bring the car back to the showroom. Consider the whining from this site in 2012 about smartphones and again in 2013. But a poor UI doesn’t always guarantee poor sales. It’s quaint to read the complaint about the Apple Watch interface, which is quite annoying and 100% dependent on a smartphone app. But it may turn out to be Apple’s most popular product (30 million sold in 2019) and enjoys great popularity in 2020. Furthermore, its fall detection validated the market transition of caregiving smart watches replacing PERS pendants.
A hot topic now – crossing the so-called ‘Digital Divide’. It’s ironic – the topic has been under discussion forever. Long ago, in a world far, far, away – it was easy for the oldest to say that they don’t see the benefit in technology, Internet access or other devices. That was pre-pandemic of course. In 2020, the divide looks like a chasm, depending on how it is viewed. What will close it? What is the missing link? More training? Discounted devices? Free Internet? Grandchildren photos? Worsening social isolation?Telehealth visits? And do we mean ‘Digital Divide’ – or do we really mean Internet Access Divide? Or is it the smartphone ownership divide? The how-do-I-use-this-thing divide? And what does it mean for one's life to be on the wrong side?
November revealed a growing sense of urgency about older adults. What has been the impact on them of the daily onslaught of Covid-19 statistics? What about nine months of ceaseless updates about case counts? Has this produced a permanent fear of contact with others, including families, especially on holidays? Public-private partnerships are forming to bring devices and products to older adults, now isolated for as much as 9 months. Will that help? Tech firms are trying to boost access to the internet and devices – will this become 2021 action priority for non-profits and government? And much more will be different for an older population – the real seniors, aged 75+, perhaps previously unnoticed by media. In fact, older adults have often been ignored by marketers even as boomers have all the money. Here are four blog posts from November: