Smart Mattress Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2020-2024

The smart mattress market size has the potential to grow by USD 819.27 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including BUREAU-HOTEL, Eight Sleep Inc., Icon Health & Fitness Inc., iOBED Inc., Kingsdown Inc., ReST, Serta Simmons Bedding LLC, Sleep Number Corp., Tempur Sealy International Inc., and Variowell Development GmbH.

What will the Smart Mattress Market Size be in 2020?

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Who are the Major Smart Mattress Vendors?

The smart mattress market is concentrated. Several new players are entering the market by launching new smart mattresses with innovative features such as bed warming, smart home product integration, and smart alarms. BUREAU-HOTEL, Eight Sleep Inc., and Icon Health & Fitness Inc. are some of the major market participants. Although the increasing penetration of smartphones and high-speed internet will offer immense growth opportunities, the app interface issues in smart mattresses will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this smart mattress market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this smart mattress market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• BUREAU-HOTEL
• Eight Sleep Inc.
• Icon Health & Fitness Inc.
• iOBED Inc.
• Kingsdown Inc.
• ReST
• Serta Simmons Bedding LLC
• Sleep Number Corp.
• Tempur Sealy International Inc.
• Variowell Development GmbH

What are the Major Distribution Channel Segments in the Smart Mattress Market?

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Most smart mattress manufacturers sell their products through retail stores or their own stores. The increasing focus of vendors on expanding their presence by opening new stores and entering into partnerships will fuel the growth of the smart mattress market in the offline segment.

However, market growth in this segment will be slower than the growth of the market in the online segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the smart mattress market size.

Which are the Key Markets for Smart Mattress?

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North America was the largest smart mattress market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Technological advances, growing awareness about the health benefits of smart mattresses, and increasing internet and smartphone penetration will significantly drive smart mattress market growth in this region over the forecast period.

59% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for smart mattresses in North America. Market growth in this region will be faster than the growth of the market in other regions.

How will Penetration of Smartphones and High-speed Internet Influence Smart Mattress Market Growth?

The increasing penetration of smartphones and high-speed internet will drive smart mattress market growth. The rising penetration of smartphones and high-speed internet has boosted the demand for connected devices, such as smart mattresses and smart monitors. Improved network coverage and advanced technologies, such as 3G, 4G, and LTE will further support this trend. Hence, people are increasingly using smartphones to monitor their sleeping patterns. The compatibility of smart mattresses with different mobile operating systems, such as Android and iOS platforms have also made smart mattresses accessible to more people. Such factors are expected to drive smart mattresses market growth during the forecast period.

• The introduction of smart mattresses that are compatible with smart speakers is one of the key smart mattress market trends.
• Smart speakers feature voice control and allow users to make calls and send/receive messages through a personal assistant.
• These speakers can also connect to the cloud and play music from Prime Music, Pandora, iHeartRadio, TuneIn, and others.
• Market vendors are increasingly focusing on developing smart mattresses that are compatible with such smart speakers.
• Such product innovations will boost the popularity of smart mattresses and consequently fuel the growth of the smart mattress market during the next five years.
• During 2020-2024, the smart mattress market will grow at a CAGR of over 11%.

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What are the Key Factors Covered in this Smart Mattress Market Report?

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive smart mattress market growth during the next five years
• Precise estimation of the smart mattress market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the smart mattress industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of smart mattress market vendors

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