Press release
Smart Bed Market Poised for Remarkable Growth, set to Reach USD 5.5 billion by 2030 with a CAGR of 5.6%.
According to a research report published by Spherical Insights & Consulting, the Global Smart Bed Market Size to grow from USD 3.6 billion in 2021 to USD 5.5 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period.The Smart Bed global market research studies offer an in-depth analysis of current industry trends, development models, and methodology. Production processes, development platforms, and the actual product models are some of the variables that have a direct impact on the market. The aforementioned characteristics can drastically vary in response to even minor changes in the product profile. The study provides a thorough explanation of each of these elements of healthcare.
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Market Overview:
A kind of technologically sophisticated bed called a "smart bed" allows users to go beyond the basic operation of their mattresses by automatically altering the settings to their comfort. In addition to improving user comfort, smart beds have health advantages. Smart beds use contemporary features and technologies to offer comfortable adjustability and connectivity while you sleep. Among the features available are sleep monitoring, climate control, smart fabric technology, adjustable bases, anti-snoring, sleep monitoring, automatic mattress firmness adjustment, Internet of Things, and smart home connectivity. Pressure mapping, which tracks and evaluates pressure on body joints that could lead to health issues, led to the development of smart beds. Additionally, these beds will monitor motions, air pressure, pulse rate, and snoring. Sales of smart beds are gradually increasing, and the sector is still in the early phases of mass production. People who get enough sleep perform better, experience less discomfort, stay healthier, and are happier.
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With the biggest market share, the residential segment will rule the market.
The global smart bed market is divided into three segments based on application: residential, hospital, and hospitality. The residential category will have the largest market share during the forecast period because more consumers are integrating attractive, modular furniture with home remodeling initiatives. The worldwide residential market has grown as a result of improved living conditions and the desire for a better lifestyle, which has helped the business expand.
It is anticipated that the Manual category will expand at the fastest rate.
The global smart bed market is divided into three segments based on type: manual, semi-automatic, and automated. Over the course of the projection period, the manual sector is anticipated to increase at the greatest CAGR among these.
Throughout the projected period, the online sector will hold the biggest market share and dominate the market.
The global smart bed market is divided into three segments based on the distribution channel: specialty stores, supermarkets/hypermarkets, and online. The internet sector will have the largest market share of all of them during the projection period. The internet sector is expected to grow greatly as a result of well-known smart home device manufacturers becoming present on online marketplaces. The segment will expand due to the simplicity of returns, the range of cashback incentives and discounts, and the speedy cross-platform accessibility of products.
Throughout the forecast period, North America holds the greatest market share and leads the industry.
With the biggest market share of 60% over the forecast period, North America leads the market among all other regions. The main factor driving the market will be the area's affluent population, which favors a variety of smart home-lifestyle options for ease and comfort. Spending by consumers on regulated accessories like automation, security, and others promotes the development of smart technology. Furthermore, a sizable IoT base that spans both residential and non-residential regions has grown in the region.
Key Players
• PARAMOUNT BED CO., LTD.
• ReST
• Sleep Number Corporation
• Ascion, LLC.
• Hi-Interiors srl.
• Ultimate Smart Bed
• The BodiTrak
• Hill Rom Holdings Inc.
• Invacare Corporation
• Stryker Corporation
Market Challenges
1. High Cost of Smart Beds
Smart beds are significantly more expensive than traditional beds due to the inclusion of sensors, automation systems, and connectivity features. This high cost limits adoption, especially in price-sensitive markets and among middle-income consumers.
2. Privacy and Data Security Concerns
Smart beds collect personal health data such as heart rate, sleep cycles, and body movements. Without clear data protection standards, users may be concerned about how this information is stored, shared, or potentially misused.
3. Technical Complexity and Integration Issues
Many smart beds require integration with home automation systems or mobile apps. Compatibility issues, frequent updates, and setup difficulties can lead to poor user experience and customer dissatisfaction.
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Recent developments:
In August 2020, to encourage enjoyment and well-being in the bedroom, Hi Interiors Srl designed a four-poster bed connected with fascinating elements like HiAm. For entertainment while you're in bed, the HiAm bed boasts a 70-inch screen, an audio system, ambient reading lights, and a 4K projector.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2021 to 2030. Spherical Insights has segmented the global Smart Bed market based on the below-mentioned segments:
Smart Bed Market, By Application
• Residential
• Hospital
• Hospitality
Smart Bed Market, By Type
• Manual
• Semi-Automatic
• Automatic
Smart Bed Market, By Distribution Channel
• Supermarkets/Hypermarkets
• Specialty Stores
• Online
Smart Bed Market, Regional Analysis
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o Uk
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia Pacific
• South America
o Brazil
o Argentina
o Rest of South America
• Middle East & Africa
o UAE
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa
What's covered in the report?
1. Overview of the Smart Bed Market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Smart Bed Market, based on segment.
3. Smart Bed Market trends.
4. Smart Bed Market drivers.
5. Analysis of major company profiles.
PESTLE ANALYSIS
• P (Political): Healthcare funding and trade policies affect smart bed adoption and pricing.
• E (Economic): High cost limits growth; rising income in emerging markets boosts demand.
• S (Social): Aging population and sleep health awareness increase market interest.
• T (Technological): Advancements in IoT/AI drive innovation; integration challenges persist.
• L (Legal): Data privacy laws (e.g., GDPR) impact data handling and compliance needs.
• E (Environmental): Focus on energy-efficient, sustainable smart bed designs is growing.
Table of Content (TOC)
• Introduction
1. Objectives of the Study
2. Market Definition
3. Research Scope
• Research Methodology and Assumptions
• Executive Summary
• Premium Insights
1. Porter's Five Forces Analysis
2. Value Chain Analysis
3. Top Investment Pockets
1. Market Attractiveness Analysis By Product Type
2. Market Attractiveness Analysis By Type
3. Market Attractiveness Analysis By Segment Type
4. Market Attractiveness Analysis By Region
4. Industry Trends
• Market Dynamics
1. Market Evaluation
2. Drivers
1. Increasing development in sector
3. Restraints
4. Opportunities
5. Challenges
• Global Smart Bed Market Analysis and Projection, By Product Type
• Global Smart Bed Market Analysis and Projection, By Type
• Global Smart Bed Market Analysis and Projection, By Segment Type
• Global Smart Bed Market Analysis and Projection, By Regional Analysis
1. Segment Overview
2. North America
1. U.S.
2. Canada
3. Mexico
3. Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
4. Asia-Pacific
1. Japan
2. China
3. India
5. South America
1. Brazil
6. Middle East and Africa
1. UAE
2. South Africa
• Global Smart Bed Market -Competitive Landscape
1. Overview
2. Market Share of Key Players in the Global Smart Bed Market
1. Global Company Market Share
2. North America Company Market Share
3. Europe Company Market Share
4. APAC Company Market Share
3. Competitive Situations and Trends
1. Coverage Launches and Developments
2. Partnerships, Collaborations, and Agreements
3. Mergers & Acquisitions
4. Expansions
• Company Profiles
1. Company1
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
2. Company2
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
3. Company3
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
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CONTACT US:
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About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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