Global Smart Bed Market Research Report and Analysis Data by Forecast 2024-2032
Smart Bed Market Size, Industry Analysis By Type (Manual, Semi-Automatic and Automatic), Application (Healthcare, Hospitality, Residential and Others), and Sales Channel (Supermarket/hypermarket, Online Stores, Specialty Stores, and Others) – Global, Trends, Share And Forecast 2023-2030

Smart Bed Market Size, Industry Analysis By Type (Manual, Semi-Automatic and Automatic), Application (Healthcare, Hospitality, Residential and Others), and Sales Channel (Supermarket/hypermarket, Online Stores, Specialty Stores, and Others) – Global, Trends, Share And Forecast 2023-2030

All updated as on - The global smart bed market was worth $3.29 billion in 2022 and is expected to reach $5.89 billion by 2030, expanding at a CAGR of 7.8% from 2023 to 2030.

Since more and more people are looking for novel and technologically enhanced ways to get some shut-eye, the Smart Bed Market has been expanding rapidly. Sleep tracking, automatic mattress firmness adjustment, climate control, smart fabric technology, adjustable bases, anti-snoring features, Internet of Things (IoT), and smart home connectivity are just some of the features available on today's smart beds. Consumer disposable income is on the rise alongside the prevalence of chronic diseases like sleep apnea, the popularity of smart homes and home automation systems, the demand for high-end mattress and pillow options, and the availability of these products. The growth of the market can be attributed to all of these elements.

 Smart Bed Market Research

An aging populace and the rise of lifestyle diseases have contributed to a rise in interest in high-tech mattresses and other sleep aids. But the growth of the business could be stunted by the high price of smart beds and the lack of customer information about their benefits. Smart mattresses and other sleep-tracking equipment raise some privacy and security issues that could stunt commercial expansion. The rising popularity of Internet of Things and smart home connectivity is a major factor driving the worldwide smart bed industry. Connecting a smart bed to other connected devices like a smartphone, tablet, or smart speaker provides access to additional features and sleep-related data. One growing trend is the use of AI, ML, and big data analytics into smart beds to provide individuals with unique sleeping suggestions and insights.

As a result of the epidemic, many people stayed at home for longer periods of time than usual, increasing the likelihood that they would develop pain issues. Due to isolation, many people found novel ways to get things done, relax, keep themselves occupied, and even transform their bed into a workspace. Concurrently, the housing market experienced unprecedented growth. A Houzz poll found that the average cost of a home improvement project increased by 15% over the previous year. The result has been increased interest in both home and commercial uses of smart beds. Smart mattresses are equipped with high-tech features that provide convenient adjustments and online access while you rest. In addition to monitoring your sleep and adjusting the hardness of your mattress automatically, you can also use climate control, smart fabric technology, adjustable bases, an anti-snoring feature, the Internet of Things (IoT), and smart home connectivity.

Investors in the real estate sector are increasing the quality of residential flats, which contributes to the rapid growth of the real estate sector thanks to 100% foreign direct investment for township, smart cities, commercial buildings, and settlement development project. The necessity to furnish newly built homes and businesses will contribute to an increase in the demand for furniture. Worldwide, the number of tourists has been rising rapidly. As the tourism industry continues to expand, more hotel rooms will be needed, necessitating a rise in the demand for smart furniture like beds and mattresses. The hospitality sector's increased need for furniture would be good news for furniture manufacturers.

Because of the widespread implementation of stringent lockdown measures, several smart bed firms found it challenging to carry out in-person meetings with their channel partners and seal their business deals. The results of this were felt strongly in the product sales of large corporations. Further, constraints in raw material supply and the closure of retail stores and electronics businesses significantly slowed product consumption throughout the pandemic period.

However, a shift in purchasing behavior is being noted, with an increased interest in online channels, as more people choose to spend their time indoors. The market's upward trajectory can be aided by an uptick in product sales through online channels. As a result of being cooped up inside more often, people would prioritize their health, cleanliness, and comfort, driving up demand for smart home accessories like smart beds.

The healthcare industry is experiencing rapid technological change, which has increased the demand for smart technology like smart beds to enhance patient care and treatment. Automation, digitization, and other technology improvements have been widely adopted by smart hospitals to increase the effectiveness of patient care, driving up demand for "smart beds" that track patients' vitals while they sleep. The rapid speed of technology change in healthcare delivery has increased the need for cutting-edge solutions. For instance, Forbes, an American business magazine, noted in July 2021 that hospitals and other healthcare facilities may now offer individualized treatment plans and preemptively address medical crises because to technological breakthroughs. Additionally, this will facilitate additional testing options for medical facilities. The healthcare industry is shifting its focus to embrace cutting-edge technology like artificial intelligence, augmented and virtual reality, and 3-dimensional printing.

Report Coverage

Global Smart Bed research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Smart Bed report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Smart Bed competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Smart Bed market players and analyses their core competencies in each global market sub-segments.

REPORT ATTRIBUTESDETAILS
Study Period

2017-2030

Base Year

2022

Forecast Period

2022-2030

Historical Period

2017-2021

Unit

Value (USD Billion)

Key Companies Profiled

Hi-Interiors SRL, .Stryker Corporation, Sleep Number Corporation, Joerns Healthcare LLC, Invacare Corporation, .BodiTrak, ArjoHuntleigh AB, .Paramount Bed Co., Ltd., LINET spol. s r.o., Hill Rom Holdings Inc, Tempur Sealy International, Inc. (US), Serta Simmons Bedding, LLC (US), Ergomotion Inc. (US), Kingsdown, Inc. (US), Select Comfort Corporation (US), Reverie (US), Leggett & Platt, Inc. (US), Hilding Anders International AB (Sweden), Luna (US), iSense Sleep (US), Levitas Design LLC (US), Balluga Limited (UK), Responsive Surface Technology, LLC (US), A.H. Beard (Australia), Magniflex S.p.A. (Italy), Beddit, Inc. (US), Nightingale (US), ZEEQ Smart Pillow (US).

Segments Covered

• By Product
• By Application
• By Geography

Customization Scope

Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope



Key Points Covered in the Report

  • Market Revenue of Smart Bed Market from 2021 to 2030.

  • Market Forecast for Smart Bed Market from 2021 to 2030.

  • Regional Market Share and Revenue from 2021 to 2030.

  • Country Market share within region from 2021 to 2030.

  • Key Type and Application Revenue and forecast.

  • Company Market Share Analysis, Smart Bed competitive scenario, ranking, and detailed company
    profiles.

  • Market driver, restraints, and detailed COVID-19 impact on Smart Bed
    Market


Competitive Environment:

The research provides an accurate study of the major organisations and companies operating in the global Smart Bed market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Smart Bed market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.

List of Major Market Participants

Hi-Interiors SRL, .Stryker Corporation, Sleep Number Corporation, Joerns Healthcare LLC, Invacare Corporation, .BodiTrak, ArjoHuntleigh AB, .Paramount Bed Co., Ltd., LINET spol. s r.o., Hill Rom Holdings Inc, Tempur Sealy International, Inc. (US), Serta Simmons Bedding, LLC (US), Ergomotion Inc. (US), Kingsdown, Inc. (US), Select Comfort Corporation (US), Reverie (US), Leggett & Platt, Inc. (US), Hilding Anders International AB (Sweden), Luna (US), iSense Sleep (US), Levitas Design LLC (US), Balluga Limited (UK), Responsive Surface Technology, LLC (US), A.H. Beard (Australia), Magniflex S.p.A. (Italy), Beddit, Inc. (US), Nightingale (US), ZEEQ Smart Pillow (US).

Primary Target Market

  • Market Players of Smart Bed

  • Investors

  • End-users

  • Government Authorities

  • Consulting And Research Firm

  • Venture capitalists

  • Third-party knowledge providers

  • Value-Added Resellers (VARs)


Market Segment:

This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Smart Bed market based on the below-mentioned segments:

Global Smart Bed Market, By Type

Manual
Semi-Automatic
Automatic

Global Smart Bed market, By Application

Healthcare
Hospitality
Residential
Others

Global Smart Bed Market, By Sales Channel

Supermarket/Hypermarket
Online Stores
Specialty Stores
Others

Global Smart Bed market, Regional Analysis


  • Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe

  • The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific

  • South America: Brazil, Argentina, Rest of South America

  • Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa

CBR-3638
About This Research

You will get in-depth and extensive smart bed market market research and competitor analysis for your business to help you develop more profound insights into the smart bed market Market.

Through INFINITIVE Data Expert is a professional Market Research services, I will identify the smart bed market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.

smart bed market

CBR-3638

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