Smart Mattress Market Size, Share, Trends, Growth 2032

Smart Mattress Industry Prospective:

The global smart mattress market size was evaluated at $2,000 million in 2023 and is slated to hit $5,000 million by the end of 2032 with a CAGR of nearly 10.72% between 2024 and 2032.

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Smart Mattress Market: Overview

A smart mattress is embedded with technology that can track & send information about the adequate proportion of sleep that an individual gets. These products can also help in analyzing the rate of breathing and rate of heartbeats. It also helps in determining how much time an individual spends in rapid eye movement sleep as well as in deep sleep. Few of the smart mattresses are embedded with climate-controlling systems and offer an onboard heating system on cold nights. Apart from this, some of the smart mattresses have the ability to create cool air flow as per the requirements of the consumers.    

Key Insights

• As per the analysis shared by our research analyst, the global smart mattress market is projected to expand annually at the annual growth rate of around 10.72% over the forecast timespan (2024-2032)
• In terms of revenue, the global smart mattress market size was evaluated at nearly $2,000 million in 2023 and is expected to reach $5,000 million by 2032.
• The global smart mattress market is anticipated to grow rapidly over the forecast timeline owing to a massive increase in spending on smart home technology as it offers comfort and well-being to individuals.
• In terms of product, the innerspring segment is slated to register the highest CAGR over the forecast period.
• Based on distribution channel, the offline segment is expected to dominate the segmental growth in the upcoming years.
• Region-wise, the Asia-Pacific smart mattress industry is projected to register the fastest CAGR during the assessment timeline.

Smart Mattress Market: Growth Factors

Technological breakthroughs & swift internet connection to drive the global market expansion by 2032

A prominent surge in technological awareness and easy access to high-speed web connectivity is projected to steer the growth of the global smart mattress market. In addition to this, a massive increase in spending on smart home technology as it offers comfort and well-being to individuals is likely to spur the global market trends. Thriving IoT technology along with a growing need for enhancing smart home experience is likely to increase the size of the global market in the coming years. A surge in the purchasing power of the consumers along with the awareness of the benefits provided by the product will scale up the expansion of the global market in the upcoming years.

Escalating demand for eco-friendly mattresses is likely to assist the global market growth hit new horizons of growth in the years to come. New product launches are anticipated to spearhead the expansion of the market globally in the years ahead. For instance, in November 2023, The DeRUCCI Group, a leading sleep technology brand, introduced the DeRUCCI T11 pro smart mattress, an AIoT intelligent sleep solution. Such strategic moves will also contribute majorly towards the revenue growth of the market across the globe.

Smart Mattress Market: Restraints

Fluctuations in the raw material costs constrict the global industry elevation over the forecast period

Lack of awareness about the product benefits in both emerging economies and under-developed countries is likely to retard the expansion of the smart mattress industry globally. Volatility in the prices of the raw components along with cut-throat competition among the players is predicted to hamper the expansion of the global industry.

Smart Mattress Market: Opportunities

Rise in the government investments in research activities on new product development to generate new facades of growth for the global market 

Favorable research activities and a rise in the allocation of funds by the government for research open new growth avenues for the global smart mattress market. The surging occurrence of back disorders owing to unwanted sleeping habits will pave the way for the growth of the global smart mattress market.  

Smart Mattress Market: Challenges

High product prices can pose a huge challenge to the global industry expansion over 2024-2032

Huge costs of products along with their technical complexity can prove to be a huge challenge for the global smart mattress industry surge in the upcoming years.  

Smart Mattress Market: Segmentation

The global smart mattress market is sectored into product, distribution channel, and region.                                       

In product terms, the smart mattress market across the globe is segregated into foam, water bed, hybrid, adjustable bases, latex, air bed, innerspring, and other segments. Furthermore, the innerspring segment, which acquired nearly 75% of the global market revenue in 2023, is predicted to register the highest CAGR over the forecast timespan. The progression of the segment from 2024 to 2032 can be attributed to a rise in the incidences of back disorders owing to the uncomfortable surface of mattresses used for sleeping purposes. Apart from this, humungous demand for innerspring mattresses in China and Brazil will embellish the segmental expansion.   

Based on the distribution channel, the global smart mattress industry is sectored into online and offline segments. Furthermore, the offline segment, which gathered a huge chunk of share of the industry globally in 2023, is expected to dominate the segmental surge in the coming eight years. The segmental expansion from 2024 to 2032 can be due to a rise in the availability of products in retail stores in emerging economies.

Smart Mattress Market: Report Scope

Smart Mattress Market: Regional Insights

North America is predicted to maintain the numero uno position in the global smart mattress market in the years ahead

North America, which accounted for about two-thirds of the global smart mattress market earnings in 2023, will be a leading region in the coming eight years. In addition to this, the regional market surge over the forecast period can be credited to the rising use of smart equipment and growing awareness about sleep disorders among consumers in countries such as the U.S. and Canada. The presence of key producers in the region will steer the regional market growth. The large-scale presence of a high-income group population in the sub-continent will steer the expansion of the market in the region.

The Asia-Pacific smart mattress industry is set to record the fastest CAGR in the coming eight years. The elevation of the industry in the APAC zone can be credited to the rise in the purchasing power of the customers, globalization, and surging consciousness about smart mattresses in countries such as India, Japan, China, Taiwan, Malaysia, South Korea, and Thailand.

Smart Mattress Market: Competitive Space

The global smart mattress market profiles key players such as:

• Spring Air International
• Leggett & Platt
• Incorporated
• SERTA SIMMONS BEDDING LLC
• Sleemon
• Naturaliterie
• PARAMOUNT BED CO. LTD.
• Eight Sleep
• Kingsdown Inc.
• ReST
• Sleep Number Corporation SLEEP NUMBER
• Variowell-Development GmbH
• Tempur Sealy International Inc.
• Hilding Anders
• Al Mattress
• DeRucci Inc.
• Recticel
• Southerland Sleep   

The global smart mattress market is segmented as follows:

By Product

• Foam
• Water Bed
• Hybrid
• Adjustable Bases
•  Latex
• Air Bed
• Innerspring
• Others

By Distribution Channel

• Online
•  Offline

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa