Global smart bed market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period (2024-2031). The market growth is attributed to the increasing use of IoT (Internet of Things) and the connectivity of smart appliances in homes. Smart beds come with compatibility options with other smart devices to enable users to set up bed operations and receive sleep-related information through the apps. There is a high demand for smart beds and sleep-related products attributed to the rise of the geriatric population and a high number of people suffering from lifestyle diseases. The accelerating demand for luxury products and high disposable income also contribute to global market growth.
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The market players are considerably contributing to the market growth by adopting various strategies, including new product launches, to stay competitive in the market. For instance, in May 2022 Xiaomi released the new product – 8H Feel Leather Smart Electric Bed X Pro. The product has two motors on the back and two motors on the legs. The motors can handle a maximum of 600kg and maintain smooth lifting. The motors operate in silent modes with an allowable maximum operational sound of not more than 45 dB (Decibel). Further, in January 2022, the Sleep Company launched a new product namely, Elev8 Smart Bed, for sound and restful sleep. The product features zero gravity mode, automatic massage, and an anti-snoring feature.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
Segment Covered-
o By Product
o By End-Users
o By Distribution channels
• Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Arjo AB, Sleep Number Corp., Tempur Sealy International, Inc., and others.
Key questions addressed by the report
Global Smart Bed Market Report Segmentation
By Products
By End-Users
By Distribution channels
Global Smart Bed Market Report Segmentation by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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