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The market is fragmented due to the variety of players and products. Established brands like HALO Sleep and Graco compete with newer companies such as The Happiest Baby, Inc. and 4moms, each offering unique features. This variety shows that no single company dominates the market. Regional differences also add to this fragmentation, with brands having different levels of presence in various areas. Continuous innovation in smart crib technology by both established and new brands like SNOOZA and Smart be Intelligent Stroller Inc. further divides the market as companies try to meet specific consumer needs.
Major players operating in the smart crib industry include:
HALO Sleep, Sleep Number Corporation, The Happiest Baby, Inc., SNOOZA, Smartbe Intelligent Stroller Inc., Hatch Baby Inc, 4moms (Thorley Industries, LLC), and Baby Bjorn (BabyBj
The wood segment in the market held 29.46% revenue share in 2023 due to its timeless look, durability, and natural properties.
Global smart crib industry was valued at USD 413 million in 2023 and is anticipated to register 5.8% CAGR between 2024 and 2032 due to the innovations in baby furniture.
U.S. smart crib market is expected to reach USD 140.29 million by 2032, driven by American consumers like innovative and tech-driven baby products.