Global Smart Mattress Market Size study, By Product (Innerspring, Latex, Memory Foam, Others) and Regional Forecasts 2022-2028
Global Smart Mattress Market is valued at approximately USD 1.4 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.41% over the forecast period 2022-2028.
The Smart Mattress can be defined as a type of Mattress which collects data that how much you sleep. Smart Mattress is the modern technology to maintain the health of individual people. The mattress is for sleeping and the smart mattress is designed to track your sleeping pattern. It is good technology, people can maintain their sleeping time. The foremost key factor driving is increasing the penetration of smartphones due to the increase in the demand for the smart mattress market across the world. The smart mattress is connected to smartphones devices. People are very used to phones and people know about every technology of smartphones. The Smart Mattress is used by smartphones. The smart mattress is connected with smartphones and this is new technology and people want advance technology. And people are so easily use of smartphones, they are so active to use smartphones. Therefore, smartphones increase the demand of smart mattresses. For instance, according to Statista, the user of smartphones in the year 2021 is USD 298 million and the user of smartphones in the year 2022 is USD 301.65 million. Moreover, another key factor driving is rising the personal disposable income due to the increase in the market growth across the world. Personal disposable income is left after paying taxes. Personal Disposable Income increases the purchasing power of people. For instance, according to the FRED Economic Data, the personal disposable income in June 2021 is USD 18001.7 billion and the personal disposable income in June 2022 is USD 18606.9 billion. In addition, one more key factor driving is growing health consciousness due to the increase in the demand of the Smart Mattress Market over the world. It increases the health of people it maintains the time of sleeping which is very important for our body. Therefore, it is growing health awareness. For instance, according to the India Brand Equity Foundation, the health sector market of India in the year 2016 is USD 110 billion and the health sector market of India in the year 2022 is 372 billion. And according to the OECD Stat. the health sector of the US in the year 2019 is 5.1 and the health status in the year 2020 is 5.7. The opportunity for the Smart Mattress Market is improving the communication technologies due to the increase in the market demand over the forecast period. However, the high cost of smart mattresses is impeding the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Smart Mattress market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing trend of increasing the penetration of smartphones as well as increasing awareness of the benefit of proper sleep, Which leads tohealth awareness. Asia Pacific is the fastest growing region of the Smart Mattress Market due to increase in the market growth across the world. The key factor is increasing disposable income and modernization would create lucrative growth prospects for the Smart Mattress market across the Asia Pacific region.
Major market players included in this report are:
Sleep Number Corporation
Eight Sleep
Kingsdown Inc.
Responsive Surface Technology LLC
Serta Simmons Bedding
Tempur Sealy International, Inc.
Hilding Anders
DeRUCCI Bedding NY Ltd.
Variowell-Development GmbH
Paramount Bed Co., Ltd.
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product
Innerspring
Latex
Memory Foam
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Smart Mattress Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Sleep Number Corporation
Eight Sleep
Kingsdown Inc.
Responsive Surface Technology LLC
Serta Simmons Bedding
Tempur Sealy International, Inc.
Hilding Anders
DeRUCCI Bedding NY Ltd.
Variowell-Development GmbH
Paramount Bed Co., Ltd.
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