The global smart mattress market size is expected to reach USD 2.1 billion by 2025, registering a CAGR of 10.6%. Growth in millennial population, spending on SMART products, and availability of technology backed products are likely to impel the market growth in the forecast period.
Smart mattresses are designed to augment the amount of quality sleep and empower human health with good sleeping habits. A smart mattresses is highly equipped with digital technology that tracks and sends data about the amount of sleep a person is getting. Commercially, the growing penetration of smartphone devices and easy availability of internet, empowers, connected device technology is likely to encourage a huge market development. Also, there are various features and benefits associated upon using the smart mattress. For instance, innersprings accounted for a significant share in the past few years. On this backdrop, Eight Sleep offers three models of smart beds: Saturn, Jupiter, and Mars designed with multiple foam layers.
Additionally, the growing concerns for back problems in the young population driven by incorrect sleeping postures are some of the key factors boosting the market growth. Also, continuous evolution in technology and high consumer awareness are adding to the market growth in the forecast period.
Smart Mattress Market Report Highlights
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North America held the largest smart mattress market share in the previous years and is expected to continue dominating in terms of revenue share. It is also driven by the presence of key players.
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Innerspring accounted for a significant share of the total revenue in 2019, and is projected to exhibit a significant increase in the next few years. High demand and popularity of the product are some of the major growth factors.
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The key players are constantly adopting R&D approach and investing heavily in the R&D initiatives to offer smart solution to overcome sleep disorders such as insomnia and sleep apnea
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Availability of internet technologies and connected devices are likely to encourage the market growth in the coming years.
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Grand View Research has segmented the global smart mattress market on the basis of product and region:
Smart Mattress Product Outlook (Revenue, USD Million, 2015 − 2025)
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Innerspring
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Latex
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Memory Foam
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Others
Smart Mattress Regional Outlook (Revenue, USD Million, 2015 − 2025)
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North America
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U.S.
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Europe
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Germany
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U.K.
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Asia Pacific
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China
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Central and South America
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Brazil
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Middle East and Africa
List of Key Players for Smart Mattresses Market:
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Sleep Number
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Eight Sleep
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Kingsdown
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Tempur Sealy International
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Hilding Anders
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Serta Simmons Bedding
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Responsive Surface Technology
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Derucci
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Recticel and Sleemon
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Mattress Market – https://www.grandviewresearch.com/industry-analysis/mattress-market
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