Global Smart Mattress Market by Product Types, Application, Price Range, Distribution Channel, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026
The global smart mattress market was valued at USD 1 billion in 2019 and is expected to rise at a CAGR of around 10.6% during the forecast period, 2020–2026. The advancement of technologies, increase in awareness among the people globally which is expected to be the major reason behind the growth of the market.
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A smart mattress is equipped with a technology that tracks and sends out information about the adequate amount of sleep a person is getting. Products can take the form of mattress covers, mattress pads, or the entire mattress. These mattresses can analyse breathing and heart rates, which helps in calculating how much time a person has spent in REM (rapid eye movement sleep) and deep sleep. A number of smart mattresses also come with climate control ability by providing onboard heating system on cold nights while some mattresses can create flows of cool air on demand. The world has been under the development and the people needing a better and whole some sleep has become very necessary. Therefore, Smart mattress has come along as a great innovation which are along with being edgy also help in gaining sufficient sleep with relaxing.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing awareness among the consumers about the technologies related to the device is expected to be the driving factor for the growth of global smart mattress market.
- Keen sleeping cushion makers are relentlessly putting resources into R&D exercises to offer creative beddings with shrewd highlights. This, in turn, is driving the growth for the market.
- Increasing cases of back problems associated with uncomfortable sleeping surfaces is the key factor fuelling the growth of the segment.
- High-speed internet availability and growing smartphone penetration are encouraging consumers across the world to use smartphones to monitor their sleep pattern is a factor anticipated to fuel the growth of the device in the market.
- Lifestyle of the people around the global is changing rapidly, and with access to internet people are likely to purchase such devices, which is expected to have a positive impact in the growth of the device in the market.
- Rapid development in the Information Technology (IT) field and Increasing investments in R&D Vendors are key market trends of the market.
- Cost of smart mattress is very high which is expected to be a hindrance in the growth of the device in the market.
- In third world countries, people are not fully aware of the benefits of the devices which is anticipated to be an obstacle in the growth of the device in the market.
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Competitive Landscape:
The key players which operate in the global smart mattress market are Sleep Number, Eight Sleep, Kingsdown, Responsive Surface Technology, Serta Simmons Bedding, Tempur Sealy International, Hilding Anders, Derucci, Recticel and Sleemon.
Key manufacturers in the market are continuously investing in R&D activities to offer smart mattress solution and maintain a competitive edge over their competitors. These manufacturers are focusing on providing smart mattresses that emit fewer electromagnetic radiations and possess enhanced features. The leading players in the smart mattress market are looking for various strategic solutions such as acquisitions, partnerships, and invest in upcoming technologies amongst others to continue their market dominance.
The Global Smart Mattress Market has been segmented on the basis of:
Product Types
- Innerspring Mattress
- Latex Mattress
- Foam Mattress
- Others
Application
- Private Households
- Hospitals
- Hotels
- Others
Price Range
- Economy
- Premium
- Low
Distribution Channel
- Online Channel
- Offline Channel
Regions:
- Europe
- North America
- Middle East and Africa
- Latin America
- Asia Pacific
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Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- Smart Mattress Market Overview
- Global Smart Mattress Market Analysis and Forecast by Type
- Global Smart Mattress Market Analysis and Forecast by Application
- Global Smart Mattress Market Analysis and Forecast by Sales Channel
- Global Smart Mattress Market Analysis and Forecast by Region
- North Smart Mattress Market Analysis and Forecast
- Latin Smart Mattress Market Analysis and Forecast
- Europe Smart Mattress Market Analysis and Forecast
- Asia Pacific Smart Mattress Market Analysis and Forecast
- Middle East & Africa Smart Mattress Market Analysis and Forecast
- Competition Landscape
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