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 2021-2028 forecast period. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Smart Bed Market, 2024-2032.”
According to the analysis, smart tech beds will be sought to boost health, comfort and sleep through climate control, sleep tracking and anti-snoring features. The innate ability of smart beds to provide information on sleep quality could further gain ground from the penetration of smartphones and other advanced devices.
Top Leading Company Covered in the Smart Bed Market:
Information Source: https://www.fortunebusinessinsights.com/smart-bed-market-106266
Report Coverage
The report is prepared painstakingly with the use of qualitative and quantitative assessments. The use of primary sources, such as interviews with key opinion leaders has boosted the dynamics and insights with respect to trends. The report includes secondary sources, including press releases, annual reports, SEC filings and paid databases. The report also includes top-down and bottom-up approaches to estimate revenues, market size and growth of key players in the landscape.
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.