Smart Mattress Market Size, Share, Global Sector / Industry Report & Analysis 2020, & Forecast 2021-2026 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Smart Mattress Market


The global Smart Mattress market size is projected to reach US$ 2.24 billion by 2026, from US$ 1.22 billion in 2020, at a CAGR of 10.6% during 2021-2026. Smart mattresses are typically designed to track the sleep of a person. As known, the amount and quality of sleep has a lasting impact on human health. A smart mattress is equipped with a technology that tracks and sends out information about the adequate amount of sleep a person is getting.

These mattresses can also analyze breathing and heart rates, which helps in calculating how much time a person has spent in REM (rapid eye movement sleep) and deep sleep. A number of smart mattresses also come with climate control ability by providing onboard heating system on cold nights while some mattresses can create flows of cool air on demand. Factors such as high-speed internet availability and growing smartphone penetration are encouraging consumers across the world to use smartphones to monitor their sleep pattern.

Furthermore, connected smart home devices are becoming extremely popular with consumers around the world. Such smart devices with enhanced network coverage, coupled with innovative technologies, are enabling an increased use of smart mattress over the years. Moreover, improving integration of communication technologies such as LTE, 4G, and 3G with connected devices is expected to boost demand for smart mattresses in the foreseeable future.
Increasing R&D initiatives are boosting growth of the global market. Key manufacturers in the market are continuously investing in R&D activities to offer smart mattress solution and maintain a competitive edge over their competitors. These manufacturers are focusing on providing smart mattresses that emit fewer electromagnetic radiations and possess enhanced features. Some of the popular smart mattresses are The Pod by Eight Sleep, Sleep IQ by Sleep Number, and RestBed.

Market Segmentation, Outlook & Viewpoint: Global Smart Mattress Market

Product Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Innerspring
  
Latex
  
Memory Foam
  
Others

Key Players, Recent Developments & Regional Insights: Global Smart Mattress Market

Innerspring was the largest product segment, accounting for a share of 31.7% in 2018. Increasing cases of back problems associated with uncomfortable sleeping surfaces is the key factor fueling the growth of the segment. This is driving the manufacturers to introduce smart technology in this category. In emerging economies like Brazil and China, increasing number of affluent consumers is also boosting the demand for premium innerspring mattress, thereby driving the integration of technology in it. Eight Sleep offers three models of smart beds: Saturn, Jupiter, and Mars designed with multiple foam layers. Mars is equipped with smart technology integrated to hybrid innersprings and foam.

Regional Insights

In terms of value, North America dominated the global smart mattress market with a share of more than 60.0% in 2018. This growth is attributed to growing penetration of smart devices, continuous technology evolution, rising awareness among consumers with regards to sleep, and increasing investments in R&D in the region.

Majority of the demand is generated by U.S., which accounted for a revenue share of 84.4% in 2018. The growth is attributed to the presence of maximum number of manufacturers who are actively involved in technology upgradation to promote healthy and smart sleep patterns.

Smart Mattress Market Share Insights

Some of the major players operating in the global market are Sleep Number, Eight Sleep, Kingsdown, Responsive Surface Technology, Serta Simmons Bedding, Tempur Sealy International, Hilding Anders, Derucci, Recticel and Sleemon. Companies in this industry are majorly focused on product launch to retain the consumer base as well cater to their changing preferences. For instance, in February 2019, Eight Sleep launched a new biometric-monitoring smart mattress that features a dual thermostat, which can either keep the bed warm in winters or cool in summers.

Key Insights Covered: Global Smart Mattress Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Smart Mattress industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Smart Mattress industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Smart Mattress industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Smart Mattress industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Smart Mattress industry.

Research Methodology: Global Smart Mattress Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other