Smart Mattress Market Overview, Challenges and Growth Opportunities Analysis till 2025

Technology

17th Feb 2020 - Global Smart Mattress Market is anticipated to witness an exponential growth in the forecast period. A smart mattress constitutes sleep-monitoring systems. Sensors located track motion, and the other vital records. The factors that propel the growth of the market include increasing investments in R&D, innovative mattresses with smart features, smart mattresses release electromagnetic radiations and are suggested for adults, increasing concern, growing hospitality and healthcare industry, surge in demand, growing disposable income, and increasing penetration of high-speed Internet and smartphones.

On the other hand, there are factors that may hamper the growth of the market including an increase in cost wars among existing vendors and lack of consciousness among the population. Smart mattress market is anticipated to expand at a significant CAGR of 11.16% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market has emerged as a new trend, is rising investments in R&D activities to produce innovative mattresses with smart characteristics. In addition, these smart mattresses emit electromagnetic radiation and are thus not recommended for children.

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Market could be explored by type, product type, application and geography. Market by type could span >60 inches, 40-60 inches, and <40 inches. The market could be segmented by product type as Latex Mattress, Foam Mattress, Innerspring Mattress and Other.

The key applications that could be explored in the market include Hospitals, Hotels, Private Households and Other. The “Hospitals” segment led the smart mattress market in 2016 and will continue to lead in the forecast period. The key factors that may be attributed to the growth of the market includes increasing demand from hospitals and the healthcare industry and rising consciousness.

Leading Players Analysis covered in these report

• Sleep Number

• Eight Sleep

• Kingsdown

• Responsive Surface Technology

• Serta Simmons Bedding

• Tempur Sealy International

• Hilding Anders

• Derucci

• Recticel

• Sleemon

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The key points of this report are:

• To study and analyze the global Smart Mattress market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

• To understand the structure of Smart Mattress market by identifying its various subsegments.

• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

• Focuses on the key global Smart Mattress manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

• To analyze the Smart Mattress with respect to individual growth trends, future prospects, and their contribution to the total market.

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