What Is the Silver Economy? Defining the Senior Market Impact
The term 'silver economy' refers to the economic activity surrounding older adults, not the price of silver metal. Research suggests this sector is growing due to longer lifespans and aging populations in many countries. The analysis indicates that healthcare, technology, and financial services are adapting to meet senior needs. This matters because it affects public spending, job markets, and the design of cities and products worldwide.
explainer|demographic transition