PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1616235
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1616235
Smart Mattress Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
The Global Smart Mattress Market was valued at USD 1.7 billion in 2023 and is projected to grow at a CAGR of 3.7% from 2024 to 2032. With increasing consumer focus on health and wellness, the importance of quality sleep has gained attention. Smart mattresses offer solutions that cater to this demand by providing features such as adjustable firmness, temperature control, and sleep tracking. These innovations help individuals optimize their sleep environment, enhancing overall rest and recovery. Additionally, the aging population is driving the need for specialized mattresses that offer benefits like pain relief and better posture support.
The market is divided by product type into foam mattresses, innerspring mattresses, hybrid mattresses, latex mattresses, and others. In 2023, foam mattresses accounted for around 47% of the market share and are expected to reach USD 1 billion by 2032. Foam mattresses, especially memory foam and latex, are well-suited for integrating smart technology. Their design allows for the easy incorporation of sensors and electronic components, enabling the monitoring of sleep patterns, body movements, and temperature regulation. Additionally, foam mattresses are generally more cost-effective to produce compared to their hybrid or innerspring counterparts, making them a popular choice in the market.
When segmented by application, the market is categorized into residential and commercial sectors. In 2023, the residential segment led the market, capturing about 83% of the share and is expected to reach 84% by 2032. The growing awareness of sleep's critical role in overall health has prompted more consumers to invest in smart mattresses. These mattresses offer features such as sleep tracking, personalized adjustments, and analytics to enhance sleep quality. With the rise in smart home technology, consumers are increasingly integrating smart mattresses into their living spaces for a more personalized and comfortable sleep experience.
| Market Scope | |
|---|---|
| Start Year | 2023 |
| Forecast Year | 2024-2032 |
| Start Value | $1.7 Billion |
| Forecast Value | $2.3 Billion |
| CAGR | 3.7% |
North America dominated the global smart mattress market in 2023, holding a market share of around 43%, and is projected to reach USD 1 billion by 2032. The region is a leader in adopting new technologies, and consumers are quick to embrace innovative products that enhance convenience and comfort. As smart home technology continues to gain traction, smart mattresses are increasingly being adopted by tech-savvy consumers looking for fully connected solutions.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
- 1.4 Forecast model
- 1.4.1 Primary research and validation
- 1.4.2 Primary sources
- 1.4.3 Data mining sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021-2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Key news & initiatives
- 3.3 Regulatory landscape
- 3.4 Impact forces
- 3.4.1 Growth drivers
- 3.4.1.1 Increasing consumer awareness about the importance of sleep quality
- 3.4.1.2 The growing adoption of smart home devices and IoT integration
- 3.4.2 Industry pitfalls & challenges
- 3.4.2.1 High costs
- 3.4.1 Growth drivers
- 3.5 Growth potential analysis
- 3.6 Porter's analysis
- 3.7 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product Type, 2021-2032 (USD Billion) (Million Units)
- 5.1 Key trends
- 5.2 Foam mattresses
- 5.3 Innerspring mattresses
- 5.4 Hybrid mattresses
- 5.5 Latex mattress
- 5.6 Others
Chapter 6 Market Estimates & Forecast, By Size, 2021-2032 (USD Billion) (Million Units)
- 6.1 Key trends
- 6.2 Small
- 6.3 Medium
- 6.4 Large
Chapter 7 Market Estimates & Forecast, By Height, 2021-2032 (USD Billion) (Million Units)
- 7.1 Key trends
- 7.2 Below 5 inch
- 7.3 5 inch - 10 inch
- 7.4 Above 10 inch
Chapter 8 Market Estimates & Forecast, By Firmness Level, 2021-2032 (USD Billion) (Million Units)
- 8.1 Key trends
- 8.2 Soft
- 8.3 Medium
- 8.4 Firm
Chapter 9 Market Estimates & Forecast, By Price Range, 2021-2032 (USD Billion) (Million Units)
- 9.1 Key trends
- 9.2 Low
- 9.3 Medium
- 9.4 High
Chapter 10 Market Estimates & Forecast, By Application, 2021-2032 (USD Billion) (Million Units)
- 10.1 Key trends
- 10.2 Residential
- 10.3 Commercial
Chapter 11 Market Estimates & Forecast, By Distribution Channel, 2021-2032 (USD Billion) (Million Units)
- 11.1 Key trends
- 11.2 Online
- 11.3 Offline
Chapter 12 Market Estimates & Forecast, By Region, 2021-2032 (USD Billion) (Million Units)
- 12.1 Key trends
- 12.2 North America
- 12.2.1 U.S.
- 12.2.2 Canada
- 12.3 Europe
- 12.3.1 UK
- 12.3.2 Germany
- 12.3.3 France
- 12.3.4 Italy
- 12.3.5 Spain
- 12.4 Asia Pacific
- 12.4.1 China
- 12.4.2 India
- 12.4.3 Japan
- 12.4.4 South Korea
- 12.4.5 Indonesia
- 12.4.6 Malaysia
- 12.5 Latin America
- 12.5.1 Brazil
- 12.5.2 Mexico
- 12.6 MEA
- 12.6.1 South Africa
- 12.6.2 Saudi Arabia
- 12.6.3 UAE
Chapter 13 Company Profiles
- 13.1 Amerisleep
- 13.2 Casper Sleep Inc.
- 13.3 Eight Sleep
- 13.4 Hilding Anders
- 13.5 iOBED
- 13.6 Kingsdown, Inc.
- 13.7 Leesa Sleep
- 13.8 Nolah Sleep
- 13.9 Purple Innovation, LLC
- 13.10 ReST (Responsive Surface Technology)
- 13.11 Serta Simmons Bedding, LLC
- 13.12 Sleep Number Corporation
- 13.13 Tempur Sealy International, Inc.
- 13.14 Xiaomi
- 13.15 Zeeq by REM-Fit
