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Smart Bed Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Which drivers are expected to have the greatest impact on the over the smart bed market's growth?The smart bed market is experiencing growth propelled by the swift expansion in the hospitality sector. This industry, which includes diverse businesses such as restaurants, hotels, casinos, amusement parks, resorts, cruises, and others, is dedicated to customer service. More and more, these hospitality enterprises are investing in innovative offerings to improve customer experiences through superior sleep quality and cleanliness. For example, information from Passport Photo Online, a web-based platform in Poland, reveals that by June 2023, U.S. hotels and motels had reached a number of 132,228 in 2022, demonstrating an 8.3% rise compared to 2021. Consequently, this vigorous expansion within the hospitality sector is anticipated to spur the smart bed market in the coming years.
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What is the future CAGR of the smart bed market, and how will it impact industry expansion?
In the past few years, there has been a consistent increase in the size of the smart bed market. Predicted growth sees its value escalating from $3.19 billion in 2024 to $3.32 billion in 2025, reflecting a compound annual growth rate (CAGR) of 3.9%. Several factors have contributed to this growth during the historical period, including the demand for personalized comfort, a rising aging population and sleep disorders, enhanced focus on home healthcare and wellness, enlightenment about the significance of quality sleep and an increase in the production of adjustable beds.
Anticipations reflect significant escalation in the smart bed market size in the upcoming years, foreseeing it to reach $4.77 billion by 2029 with a compound annual growth rate (CAGR) of 9.5%. This predicted progression during the estimate period is due to several factors such as the incorporation with sleep tracking apps & wearable devices, the rise in telehealth & remote patient monitoring, customized sleep solutions for prolonged illnesses, the requirement for ergonomic and pressure-relief beds, along with the worldwide expansion of smart home technology and app-controlled or remote bed adjustments. The key trends anticipated during this period include AI-based sleep optimization and coaching, smart beds equipped with temperature and humidity controllers, AI-supported sleep aides, voice recognition, detection, and therapy integration for sleep disorders, bed designs adaptable for couples and co-sleepers, as well as sleep surfaces with biometric monitoring.
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What are the most significant trends transforming the smart bed market today?
The smart bed industry is increasingly becoming a hub of technological advancements, which is a prominent trend being observed. Firms in the smart med field are persistently creating innovative products equipped with enhanced features and technology in order to improve sleep quality and duration for users. An example of this trend is seen with The Sleep Company, an Indian organization focusing on sleep-aid products, rolling out the elev8 smart adjustable bed in January 2022. The elev8 bed provides an all-inclusive experience of comfort that harnesses smart technology to enhance overall health and wellness. Its unique features include TV mode, a dual-zone massager enhancing deep relaxation, an anti-snore posture facilitating easier airflow, zero gravity mode offering balanced body comfort, among others, all of which can be utilized through a single button click.
Which key market segments comprise the smart bed market and drive its revenue growth?
The smart bed market covered in this report is segmented -
1) By Type: Manual, Semi-Automatic, Automatic
2) By Application: Healthcare, Hospitality, Residential, Other Applications
3) By Sales Channel: Super market/Hyper market, Online Stores, Specialty Stores, Other Sales Channels
Subsegments:
1) By Manual: Adjustable Manual Beds, Fixed Manual Beds
2) By Semi-Automatic: Beds with Manual Controls and Limited Automation, Beds with Integrated Adjustment Features
3) By Automatic: Fully Automated Adjustable Beds, Smart Beds with Sleep Tracking and Adjustment Features, Beds with Integrated Sleep Therapy Systems
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What regions are at the forefront of smart bed market expansion?
North America was the largest region in the smart bed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart bed market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the smart bed market?
Major companies operating in the smart bed market include Besco Medical Ltd., BodiTrak Inc., Hi-Interiors SRL, Hill-Rom Holdings Inc., Invacare Corporation, Paramount Bed Co. Ltd., Responsive Surface Technology LLC, Sleep Number Corporation, Eight Sleep Inc., Stryker Corporation, Ultimate Smart Bed Inc., BAM Labs Inc., iNyx Inc., Joerns Healthcare LLC, Linet Spol s.r.o., Vista Medical Ltd., Balluga Ltd., Ascion LLC, Ergomotion Inc., Luna Innovations Inc., Retail Employees Superannuation Trust, Kingsdown Inc., Simmons Bedding Company LLC, Tempur Sealy International Inc., Leggett & Platt Inc., Hilding Anders International AB, A.H. Beard Pty Ltd., Silentnight Group, Arjo AB
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What Is Covered In The Smart Bed Global Market Report?
•Market Size Forecast: Examine the smart bed market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the smart bed market for a structured understanding.
•Key Players Overview: Analyze major players in the smart bed market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the smart bed market.
•Segment Contributions: Evaluate how different segments drive overall growth in the smart bed market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the smart bed market.
•Industry Challenges: Identify potential risks and obstacles affecting the smart bed market.
•Competitive Landscape: Review strategic developments in the smart bed market, including expansions, agreements, and new product launches.
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