The global smart bed market size was USD 2.99 billion in 2021. The market is projected to grow to USD 4.44 billion in 2028 at a CAGR of 5.8% in 2024-2028.

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.

Information Source: https://www.fortunebusinessinsights.com/smart-bed-market-106266

Major Players Profiled in the Smart Bed Market Report:

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.