Smart Mattress Market 2018 Trending Strategies, Regional Market Analysis, Consumer Analysis & Overview by Top Manufacturers
A smart mattress comprises technologically-advanced features such as sleep monitoring systems. Sensors located under the mattress track motion, sleeping patterns, and other vital records.According to the report, one of the major drivers for this market is Increasing penetration of smartphones and high-speed Internet The surge in smartphone penetration has led to an increase in the demand for smart mattresses. The rising penetration of smartphones and high-speed Internet has led customers to use smartphones to monitor their sleeping patterns. It has increased the demand for connected devices such as smart mattress and smart monitors.
Research analysts forecast the Global Smart Mattress Market to grow at a CAGR of 11.16 % during the period 2018-2022.
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Further, the report states that one of the major factors hindering the growth of this market is Increase in price wars among existing vendors. The increase in price wars among existing vendors poses a serious challenge to the global smart mattress market. Some of the existing players offer a range of smart mattresses. The market attracts new players and vendors resort to competitive pricing to increase their market shares. However, this strategy will reduce the profit margins of the players in the long run.
Key vendors
Eight
Kingsdown
Responsive Surface Technology
Sleep Number
Read more details of the report at: http://orbisresearch.com/reports/index/global-smart-mattress-market-2018-2022
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Research report, Global Smart Mattress Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver
Increasing penetration of smartphones and high-speed Internet
For a full, detailed list, view our report
Market challenge
Increase in price wars among existing vendors
For a full, detailed list, view our report
Market trend
Increasing investments in R&D Vendors
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Companies Mentioned:
Eight, Kingsdown, Responsive Surface Technology, and Sleep Number.
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