Smart Mattress Market Analysis Highlights the Impact of COVID-19 2020-2024 | Increasing Penetration of Smartphones to Boost the Market Growth | Technavio
Technavio has been monitoring the smart mattress market and it is poised to grow by USD 819.27 million during 2020-2024, progressing at a CAGR of over 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a Negative and Inferior impact on the smart mattress market. The market growth in 2020 is likely to Increase compared to the market growth in 2019.
Frequently Asked Questions-
Based on segmentation by distribution channel, which is the leading segment in the market?
The offline segment is expected to be the leading segment based on distribution channel in the global market during the forecast period.
What are the major trends in the market?
Introduction of smart mattresses that are compatible with smart speakers is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of over 11%, the incremental growth of the market is anticipated to be USD 819.27 million.
Who are the top players in the market?
BUREAU-HOTEL, Eight Sleep Inc., Icon Health & Fitness Inc., iOBED Inc., Kingsdown Inc., ReST, Serta Simmons Bedding LLC, Sleep Number Corp., Tempur Sealy International Inc., and Variowell Development GmbH. are some of the major market participants.
What are the key market drivers and challenges?
Increasing penetration of smartphones is one of the major factors driving the market. However, the increase in price wars among existing vendors restraints the market growth.
How big is the North America market?
The North America region will contribute 59% of market growth.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Amanda Sleep, Eight Sleep Inc., iOBED Inc., Kingsdown Inc., Naturaliterie, ReST, Simmons Bedding Company, Sleep Number Corp., Tempur Sealy International Inc., and Variowell Development GmbH are some of the major market participants. The increasing penetration of smartphones will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this smart mattress market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The smart mattress market report covers the following areas:
Smart Mattress Market Size
Smart Mattress Market Trends
Smart Mattress Market Analysis
This study identifies the introduction of smart mattresses that are compatible with smart speakers as one of the prime reasons driving the smart mattress market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist smart mattress market growth during the next five years
Estimation of the smart mattress market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the smart mattress market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of smart mattress market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Market characteristics
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Distribution channel
Market segments
Comparison by Distribution channel
Offline - Market size and forecast 2019-2024
Online - Market size and forecast 2019-2024
Market opportunity by Distribution channel
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
BUREAU-HOTEL
Eight Sleep Inc.
Icon Health & Fitness Inc.
iOBED Inc.
Kingsdown Inc.
ReST
Serta Simmons Bedding LLC
Sleep Number Corp.
Tempur Sealy International Inc.
Variowell Development GmbH
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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