Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.49 Billion | USD 11.02 Billion | 18% | 2023 |
According to the report published by Zion Market Research, the global Sleep Monitoring Apps Market size was valued at USD 2.49 Billion in 2023 and is predicted to reach USD 11.02 Billion by the end of 2032. The market is expected to grow with a CAGR of 18% during the forecast period. The report analyzes the global Sleep Monitoring Apps Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Sleep Monitoring Apps industry.
Sleep monitors are widely used to understand sleep physiology and pathophysiology for the well-being of humans. The apps used for such purposes are known as sleep tracking apps. Different methods used by sleep apps to help people are colors & images, natural sounds, calming music, and many others. Moreover, some hypotonic techniques, guided meditation imagery, and white noise are also utilized to facilitate good quality sleep for humans. Disturbed sleep cycle affects every tissue in the body from the brain, lungs, heart to immune functions, metabolism, disease resistance, mood swings, and many others. Good sleep is important for maintaining the optimum health of the human being. Poor quality sleep increases the potential risk of various disorders like high blood pressure, obesity, diabetes, and cardiovascular diseases.
One of the major factors driving the growth of the global sleep monitoring apps market is the significant spike in number of people suffering from sleep disorders. Not only the optimum duration is crucial but a good quality of sleep is also important. A large number of patients suffer from mental illness due to the lack or poor quality of sleep. There are a large number of factors that affect sleep while we are in the sleeping stage itself. Thus, the sleep monitoring apps help us in determining the external and internal factors affecting our sleep. Once people are able to detect the factors affecting their sleep they can track and sharpen their sleeping patterns with the help of these monitoring apps. Changing lifestyle is the primary reason for the disturbed sleep cycle.
Moreover, the growing geriatric population has also contributed significantly toward the growth of the global sleep monitoring apps market. The technological developments and increase in the adoption of these sleep monitoring apps have propelled the growth of the global sleep monitoring apps market. Moreover, the ease of use of these apps has also boosted that demand in the market. Manufacturers are focusing on launching innovative products in the market to boost the demand for sleep monitoring apps. Moreover, the addition of unique features and visualization to make the app attractive and user-friendly has also boosted the demand for sleep monitoring apps. There is significant growth in the awareness of people regarding their sleep cycle along with the need for an organized routine has propelled the demand for sleep monitoring apps in the market globally.
The global sleep monitoring apps market can be segmented into subscription mode, platform, application, and region.
By subscription mode, the market can be segmented into annual and monthly subscription modes.
By platform, the market can be segmented into iOS and Android. The android segment accounts for the largest share in the global sleep monitoring apps market due to the ease of usage of the platform.
By application, the market can be segmented into respiration rate tracking, heart rate tracking, and sleep quality tracking.
Report Attributes | Report Details |
---|---|
Report Name | Sleep Monitoring Apps Market |
Market Size in 2023 | USD 2.49 Billion |
Market Forecast in 2032 | USD 11.02 Billion |
Growth Rate | CAGR of 18% |
Number of Pages | 195 |
Key Companies Covered | Ten Percent Happier, SLUMBER, Sleepiest, Sleep Cycle, Pzizz Ltd, Noisli Ltd, Moshi, Happiest Limited, Calm, and Headspace Inc |
Segments Covered | By subscription mode, By platform, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share in the global sleep monitoring apps market due to the growing awareness of people regarding their health and ease of access to the newer technology.
Europe accounts for the second-largest share in the global sleep monitoring apps market due to the low latency in sleep duration among the people in the region. Also, a large number of people suffer from disturbed sleep cycles in the region which in turn has also boosted the demand for such sleep monitoring apps in the region.
Asia Pacific is also anticipated to witness huge growth during the forecast period due to the growing awareness of the people regarding their health coupled with the growing disposable income of the people in the region.
Some of the significant players in the global sleep monitoring apps market are:
By subscription mode
By platform
By application
FrequentlyAsked Questions
One of the major factors driving the growth of the global sleep monitoring apps market is the significant spike number of people suffering from sleep disorders. Not only the optimum duration is crucial but a good quality of sleep is also important. A large number of patients suffer from mental illness due to the lack or poor quality of sleep. There are a large number of factors that affect sleep while we are in the sleeping stage itself.
Some of the significant players in the global sleep monitoring apps market are Ten Percent Happier, SLUMBER, Sleepiest, Sleep Cycle, Pzizz Ltd, Noisli Ltd, Moshi, Happiest Limited, Calm, and Headspace Inc.
North America accounts for the largest share in the global sleep monitoring apps market due to the growing awareness of people regarding their health and ease of access to the newer technology. Asia Pacific is also anticipated to witness huge growth during the forecast period due to the growing awareness of the people regarding their health coupled with the growing disposable income of the people in the region.
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