Market Definition
A smart mattress is the mattress of the future integrated with different tiny & thin-layered sensors that gather data on a user's sleeping patterns and help them improve the same. It works by monitoring the motion of users to calculate the total time they spend in bed, when they fall asleep, and how often they toss & turn. A lot of these mattresses can also track the user's heart & breathing rates, and some even have feature climate control abilities that help users adjust the temperature as per their requirements & comfort.
Market Insights
The Global Smart Mattress Market is projected to grow at a CAGR of around 17.49% during the forecast period, i.e., 2022-27. Most of the market expansion is driven by the swift improvement in the economic conditions of people & their growing inclination toward the adoption of intelligent appliances, including smart mattresses. With the growing focus of people on living a healthy & technologically-driven lifestyle, they are increasingly spending on their comfort & convenience, smart mattresses are gaining swift acceptance globally.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 17.49% |
| Regions Covered | North America: USA, Canada, Mexico |
| South America: Brazil, Rest of South America | |
| Europe: The UK, Germany, France, Spain, Italy, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific | |
| Middle East & Africa: Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East & Africa | |
| Key Companies Profiled | Casper Sleep, Derucci, Eight Sleep, GhostBed, Hilding Anders, iOBED Inc., Kingsdown Smart Mattress, Naturaliterie, Nectar Sleep, Purple Innovation, LLC, Recticel, Rest Performance, Saatva Inc., Serta Simmons Bedding, Sleemon, Sleep Number, Tempur Sealy International, The Sleep Company, and Variowell Development GmbH. |
| Unit Denominations | USD Million/Billion |
As consumers are seeking quantification of their day-to-day activities, including sleep & quality of sleep, the popularity of these mattresses is accelerating, and generating lucrative opportunities for the leading players to increase their production & distribution capacities to cater to the burgeoning demands.
Moreover, using the data gathered on sleep quality, a person can monitor it for medical treatment. In fact, according to the National Library of Medicine, globally around 10-40% of the population suffer from insomnia among which chronic insomnia is found in around 33% of the adult population.
In recent years, the industry witnessed an upsurge on the back of the high internet connectivity and prevalence of connected smart home devices, entwined with the mounting smartphone penetration in a technology-driven environment, promoting the sales of smart mattresses. The same aspects also instigated healthcare facilities to focus on the adoption of these smart mattresses for better sleep quality for patients & track their physical data for enhanced health.
