DUBLIN, October 27, 2021--(BUSINESS WIRE)--The "Global Smart Bedding Market 2016-2020 & 2021-2026" report has been added to ResearchAndMarkets.com's offering.
Global smart bedding market is expected to show robust growth with an impressive CAGR in the forecast period, 2016-2026 on the account of rapidly increasing number of patients suffering from sleep disorders.
Rising instances of sleep apnea, and other related disorders are also driving the growth of the global smart bedding market in the upcoming five years. Smart mattresses as a type of smart bedding product are well equipped with technologies that track the sleeping patterns of the user and sends the information in a form of analyzed report to the concerned experts.
Rapidly increasing consumer awareness about the sleeping disorders and problems hence experienced is also substantiating the growth of the global smart bedding market in the next five years. Moreover, surging demands from the athletes for their comfort and to monitor proper sleeping patters, the market is bound to experience a robust growth in the forecast period, until 2026.
Additionally, increasing geriatric population and their susceptibility to the disturbed sleeping pattern is driving the growth of the global smart bedding market in the future five years. Furthermore, increased penetration of Internet of Things is further propelling the growth of the global smart bedding market.
A smart bedding is a technologically advanced bedding installed with sensors and technologies, which gives information about how well an individual is sleeping, and the smart technology in the bed helps a person to improve the sleep. The commodities include mattresses, bed sheets, pillows, etc. Some smart beds are also available with in-built installed features such as TV and alarm. There are smart bed sheets available that adjust according to the weather changes in the night.
The global smart bedding market is segmented by product type, application, distribution channel, regional distribution, and competitional landscape. Based on product type, the market is further bifurcated into mattress, pillow, bedsheets, and others.
Mattresses are anticipated to hold the largest revenue shares of the market and assert its dominance over the market in the upcoming five years on the account of advantages and advancements in the smart mattresses. Increased research and technological development are boosting the growth of the global smart bedding market in the next five years. Moreover, connected smart home devices is also enhancing global smart bedding market's growth in the future five years.
Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through smart bedding. Further advancement would aid the market value and brand establishment in the future five years.
New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
Holding the major shares of the global smart bedding market are
Paramount Bed Company, Ltd.
Sleep Number Corporation
Ultimate Smart Bed
Hill Rom Holdings Inc.
Years considered for this report:
Historical Years: 2016 - 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 - 2026
Smart Bedding Market, By Product Type
Smart Bedding Market, By Application
Smart Bedding Market, By Distribution Channel
Supermarket & Hypermarket
Smart Bedding Market, By Region
Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/iaxrqa
View source version on businesswire.com: https://www.businesswire.com/news/home/20211027005754/en/
Laura Wood, Senior Press Manager
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