One of the biggest future pressures on developed economies is going to be the growth of their elderly populations, and the consequent strain this demographic will place on healthcare systems, social welfare programs, housing markets, labor markets, and government tax revenues. To this end, this population represents a pretty lucrative chunk of the smart home market, as family, friends, and corporations, begin to provide ways on checking in on those more at risk of injury in their own homes. It might seem a little morbid, but you can easily liken these people to machinery. A smart home system could provide you, the offspring or the healthcare provider for instance, with a way to keep tabs on how the machine is…