Smart Mattresses Market Segmentation, Share, Future Scope, CAGR of 10.90%, Business Statistics, Innovative Strategy and Forecast by 2032
Apr 22, 2024
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Smart Mattresses Market Size was valued at USD 1.47 Billion in 2022. The Smart Mattresses market industry is projected to grow from USD 1.552 Billion in 2023 to USD 3.552 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.90% during the forecast period (2023 - 2032).
The Smart Mattresses Market represents a dynamic frontier within the sleep industry, offering a revolutionary approach to bedtime comfort and well-being. These mattresses leverage state-of-the-art technologies, including sensors, actuators, and connectivity features, to provide personalized sleep experiences and optimize overall sleep quality. With an increasing focus on health and wellness, consumers are gravitating toward smart mattresses for their ability to monitor sleep patterns, adjust firmness levels, and offer real-time feedback for improved comfort and support. This market segment is experiencing rapid growth, fueled by heightened consumer awareness, ongoing technological advancements, and the integration of smart home ecosystems. Leading companies are continuously innovating, integrating AI algorithms, biometric sensors, and sophisticated sleep tracking analytics to deliver advanced sleep solutions. As the smart mattresses market continues to evolve, it holds significant potential to reshape sleep technology and redefine our nightly routines for a more rejuvenating and restful sleep experience.
Key Companies in the Smart Mattresses market include
Coway Co Ltd.
Sleep Number Corporation
Tempur Sealy International
Eight Sleep
Purple Innovation
Sleepace
Nectar Sleep
Bedgear
Johnson & Johnson Inc
Kingsdown
Responsive Surface Technology
Serta Simmons Bedding
Hiding Anders
Recticel
Derucci
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Research Methodology
The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports, and white papers have been used by data analysts for an insightful understanding of the market.
Smart Mattresses Market Segmentation
Smart Mattresses Type Outlook
Foam
Hybrid
Innerspring
Latex
Water Bed
Air Bed
Adjustable Bases
Others
Smart Mattresses Distribution Channel Outlook
Offline
Online
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COVID 19 Impact
The COVID-19 pandemic caused supply chain disruptions and financial uncertainty due to disruptions in manufacturing activities worldwide. The emphasis shifted to immediate concerns such as health and safety measures, workforce management, and financial stability. The COVID-19 outbreak disrupted global supply chains, affecting coffee machine availability and delivery. The closure of cafes and restaurants during the lockdown period reduced sales of commercial coffee machines. However, as more people stayed at home, demand for home coffee machines increased as consumers sought to replicate the café experience.
Smart Mattresses Industry Developments
March 2023: Tempur Sealy and Eight Sleep announced a partnership for integrating Eight Sleep’s smart mattresses technology into Tempur Sealy’s Mattresses. This will allow Tempur Sealy to provide its clients with a smart mattress that can track their Sleep, provide personalized insights, and help them improve their sleep quality.
April 2023: Purple Innovation acquired Sleepace, a maker of smart sleep products. The acquisition will allow Purple Innovation to expand its product offerings and enter the smart sleep market. Sleepace’s products include a smart mattresses pad, a smart sleep mask and a smartwatch that tracks sleep data.
May 2023: Nectar Sleep acquired Bedgear, a company that makes smart mattresses and sleep accessories. The acquisition will give Nectar Sleep access to technology and products of Bedgear, which will help Nectar Sleep expand its offering of smart mattresses.
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