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Smart Mattress Market Share

Report ID: GMI11443
Published Date: Sep 2024
Report Format: PDF

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Smart Mattress Market Share

Smart Mattress Market Company Market Share Analysis (2023)

The market is fragmented, with several regional companies operating on a global scale. In 2023, the Sleep Number Corporation, Eight Sleep, ReST (Responsive Surface Technology), Tempur Sealy International, Inc., Kingsdown, Inc. led the market. To expand their customer base, broaden their product offerings, and establish a stronger foothold in the market, these corporations strategically deploy mergers, acquisitions, partnerships, and facility expansions. They also leverage their vast distribution networks and resources to investigate new markets.

Smart Mattress Market Companies

Major players operating in the market are:

Amerisleep
Casper Sleep Inc.
Eight Sleep
Hilding Anders
iOBED
Kingsdown, Inc.
Leesa Sleep
Nolah Sleep
Purple Innovation, LLC
ReST (Responsive Surface Technology)
Serta Simmons Bedding, LLC
Sleep Number Corporation
Tempur Sealy International, Inc.
Xiaomi
Zeeq by REM-Fit

Authors: Aviansh Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The smart mattress industry was valued at around USD 1.7 billion in 2023 and is estimated to register a CAGR of approximately 3.7% between 2024 and 2032, driven by increasing consumer focus on sleep quality and the adoption of smart technologies in mattresses.

Foam mattresses is expected to reach nearly USD 1 billion by 2032 due to the ease of integrating smart technology like sleep tracking and temperature regulation into memory foam and latex foam mattresses.

The residential segment dominates the market, holding a market share of around 83% in 2023, and is expected to increase to 84% by 2032. This growth is fueled by rising consumer awareness of the importance of sleep quality and the increasing adoption of smart home technologies.

North America held the largest market share of approximately 43% in 2023. This region, especially the U.S. and Canada, leads in adopting smart home technologies and innovative products, making it a prime market for smart mattresses, expected to reach USD 1 billion by 2032.

Major players in the market include Amerisleep, Casper Sleep Inc., Eight Sleep, Hilding Anders, iOBED, Kingsdown, Inc., Leesa Sleep, Nolah Sleep, Purple Innovation, LLC, ReST (Responsive Surface Technology), Serta Simmons Bedding, LLC, Sleep Number Corporation, Tempur Sealy International, Inc., Xiaomi, and Zeeq by REM-Fit.