Smart Mattress Market to Grow with a CAGR of 7.12% through 2028
Rising awareness
of sleep health and technological advancements are driving the Global Smart
Mattress Market in the forecast period 2024-2028.
According to
TechSci Research report, “Smart Mattress Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028”, the
Global Smart Mattress Market stood at USD 1.62 Billion in 2022 and is
anticipated to grow with a CAGR of 7.12% in the forecast period, 2024-2028. The
Global Smart Mattress Market is experiencing robust growth, driven by
technological innovations and an increasing awareness of the importance of
sleep health. These innovative bedding solutions offer a range of features that
go beyond traditional mattresses, making them highly appealing to consumers
seeking enhanced sleep quality and personalized comfort.
One of the
primary drivers of the Global Smart Mattress Market is the rising awareness of
sleep health. In today's fast-paced world, people are becoming increasingly
conscious of the pivotal role quality sleep plays in their overall well-being.
Smart mattresses equipped with advanced sensors and technology offer the
capability to monitor sleep patterns, body movements, heart rate, and even
provide insights into sleep stages. As sleep-related issues and disorders
become more prevalent, consumers are turning to smart mattresses to help them
better understand their sleep and make improvements.
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"Global Smart Mattress Market”
Technological
advancements play a crucial role in shaping the market. Smart mattresses are
equipped with various sensors and components, including pressure sensors,
temperature controls, and biometric monitoring devices. These sensors enable
users to customize their sleep environment and receive personalized
recommendations for optimizing their sleep habits. Additionally, integration
with smartphone apps and voice-activated assistants like Alexa and Google
Assistant enhances user convenience and control over their sleep settings.
The Global Smart
Mattress Market also benefits from the increasing aging population. As people
age, their sleep patterns and comfort need change, making smart mattresses with
customizable features and health monitoring capabilities appealing to this
demographic. Moreover, smart mattresses provide peace of mind to caregivers and
family members by allowing remote monitoring of elderly individuals' sleep
health, ensuring their comfort and well-being.
The market's
competitive landscape is another notable driver of its growth. Key players in
the industry are engaged in fierce competition, which leads to continuous
product innovations and enhancements. Manufacturers are constantly striving to
differentiate their products by introducing new features and improving existing
ones. Collaborations with healthcare providers and wellness companies are
becoming increasingly common, resulting in the development of smart mattresses
that offer comprehensive sleep solutions. This competitive environment benefits
consumers by offering a wide range of options, allowing them to select the
smart mattress that best aligns with their preferences and requirements.
In terms of
regional prominence, North America and Europe stand out as significant markets
for smart mattresses. These regions have high levels of technological adoption,
making consumers more receptive to advanced bedding solutions. Additionally,
Asia-Pacific is emerging as a substantial market due to increasing
urbanization, rising disposable incomes, and a growing awareness of sleep
health.
In conclusion,
the Global Smart Mattress Market is experiencing steady growth, driven by
factors such as rising awareness of sleep health, technological advancements,
the prevalence of sleep disorders, an aging population, and a competitive
market landscape. These drivers are propelling the expansion of the smart mattress
industry, making it a dynamic and rapidly evolving segment of the broader
bedding market. As consumers continue to prioritize sleep quality and
well-being, the smart mattress market is expected to flourish further in the
coming years.
The Global Smart
Mattress Market is segmented into product, application, distribution channel,
regional distribution, and company.
Based on product
the market is segmented into innerspring, latex, memory foam, and others. The Global Smart Mattress Market has seen a notable
increase in demand for innerspring smart mattresses. This trend is driven by
consumers seeking a blend of traditional comfort and modern technology.
Innerspring smart mattresses offer the trusted support of coil springs while
incorporating smart features such as sleep tracking and temperature control.
This combination appeals to individuals who value the familiarity of
innerspring mattresses but also desire the advantages of advanced sleep
monitoring and customization. As consumers prioritize sleep health, innerspring
smart mattresses have gained significant traction in the market.
Based on application
the market is segmented residential and commercial.
Based
on distribution channel the market is segmented into offline and online.
Based
on region the market is segmented into five regions, North America, Europe, Asia
Pacific, Middle East & Africa, and South America.
Major companies
operating in Global Smart Mattress Market are:
Sleep Number
- Eight Sleep
- Kingsdown
- Tempur Sealy International
- Responsive Surface
Technology
- Serta Simmons
Bedding
- Hilding Anders
- Derucci
- Sleemon
- Recticel
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“Technological
advancement is a significant trend that is expected to have an impact on growth
over the forecasted period. Rising awareness of sleep health, rising demand
from commercial sector and product development will positively impact the
Global Smart Mattress Market. Due to the wide range of products available to
meet specific needs of, as well as the growing popularity of the online sales channel,
the market is growing at impressive rate through projected period,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Smart Mattress Market By
Product (Innerspring, Latex, Memory Foam, Others), By Application (Residential,
Commercial), By Distribution Channel (Offline, Online), By Region, By
Competition Forecast & Opportunities, 2018-2028F”,
has evaluated the future growth potential of Global Smart Mattress Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Smart Mattress Market.
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