The global smart bed market size is expected to grow from $2.81 billion in 2021 to $3.06 billion in 2022 at a compound annual growth rate (CAGR) of 8.93%. The global smart bed market size is expected to reach $3.99 billion in 2026 at a CAGR of 6.09%.
What is the Global Smart Bed Market?
The smart bed market consists of sales of smart beds by entities (organizations, sole traders, partnerships) of smart beds that uses sensors technology to gather data about the sleeping patterns of a person which can also be transferred to smartphones to offer tips on how to sleep better. Smart beds are a emerging technology that helps in improving sleep patterns, and they come with a wide range of features such as sleep tracking, temperature control, air chambers, app integration, position control, audio playback, self-making, extra furniture, and others.
Get a Sample of the global smart bed market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=5951&type=smp
What drives the Global Smart Bed Market?
Rapid expansion in the hospitality industry is driving the growth of the smart bed market. The hospitality industry is a broad group of businesses such as restaurants, hotels, casinos, amusement parks, resorts, cruises, and others that are involved in providing services to customers. Companies in the hospitality industry are increasingly investing in innovative products to enhance the experience of customers by providing better sleep and maintaining a clean and hygienic environment. According to the study conducted by Expedia Group in 2019, an American Online Travel Agency, on more than 1,200 hoteliers, more than 77% of chain hotels are focused on increasing their technology investments, while independent hoteliers are focusing on room renovations. Therefore, rapid expansion in the hospitality industry is expected to boost the smart bed market during the forecast period.
Get the full global smart bed industry report here
https://www.thebusinessresearchcompany.com/report/smart-bed-global-market-report
Global Smart Bed Market Segments
The global smart bed market is segmented:
By Type: Manual, Semi-Automatic, Automatic
By Application: Healthcare, Hospitality, Residential, Other Applications
By Sales Channel: Supermarket/Hypermarket, Online Stores, Specialty Stores, Other Sales Channels
By Geography: The regions covered in the smart bed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Smart Bed Global Market Report 2022provides market size and growth forecasts for the global smart bed market, global smart bed market share, smart bed market segments and geographies, smart bed market competitive landscape including leading competitors’ revenues, profiles and market shares. The smart bed market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Smart Bed Industry Playersinclude Besco Medical, BodiTrak, Hi-Interiors SRL, Hill Rom Holdings Inc., Invacare Corporation, Paramount Bed Co., Responsive Surface Technology, Sleep Number Corporation, Stryker Corporation, Ultimate Smart Bed, Arjo, BAM Labs Inc, Eight, iNyx, Joerns Healthcare LLC, LINET spol. s r.o., Vista Medical Ltd., and Balluga Limited. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
