The global smart bed market size was valued at USD 3.27 billion in 2023. The market is projected to rise from USD 3.44 billion in 2024 to USD 6.05 billion by 2032 at a CAGR of 7.3% during the 2024-2032 forecast period. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Smart Bed Market, 2024-2032.”
The data indicates that smart tech beds with anti-snoring, temperature management, and sleep tracking capabilities will be targeted to improve health, comfort, and sleep. The widespread use of smartphones and other cutting-edge technology may help smart beds' inherent capacity to offer data on the quality of a person's sleep.
Top Key Companies Covered in the Smart Bed Market:
Information Source: https://www.fortunebusinessinsights.com/smart-bed-market-106266****
Report Coverage
Both qualitative and quantitative evaluations are used in the meticulous preparation of the report. The dynamics and insights into trends have increased with the use of primary sources, such as interviews with influential thought leaders. Secondary sources used in the report include news releases, annual reports, SEC filings, and subscription databases. The study also provides top-down and bottom-up methods for estimating key competitors' market sizes, revenues, and rates of growth.
Segmentation
In terms of application, the market is segmented into hospitality, healthcare and residential.
On the basis of distribution channel, the industry is fragmented into offline and online segments.
Based on region, the market is segregated into North America, Asia Pacific, Europe, the Middle East and Africa and South America.