Global Smart Mattresses Market 2020-2024| Introduction of Smart Mattresses Compatible With Smart Speakers to Boost Market Growth| Technavio
LONDON--(BUSINESS WIRE)--Nov 6, 2019--
The global smart mattresses market size is expected to post a CAGR of over 11% during 2020-2024, according to the latest market research report by Technavio. Request a free sample report
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191106005828/en/
Technavio has announced its latest market research report titled global smart mattress market 2020-2024. (Graphic: Business Wire)
Increasing penetration of smartphones and high-speed internet is one of the key factors expected to trigger market growth in the forthcoming years. Health-conscious and economically secure consumers rely on smartphones to monitor their sleeping patterns. This has increased the demand for connected devices including smart mattresses and smart monitors. Also, improved network coverage and adoption of advanced technologies, including 3G, 4G, and LTE, facilitate the adoption of smart mattresses connected to devices such as smartphones and tablets. This will further boost the adoption of smart mattresses during the forecast period.
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40013
As per Technavio, the introduction of smart mattresses that are compatible with smart speakers will have a positive impact on market growth over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.
Smart mattresses Market: Introduction of Smart Mattresses that are Compatible with Smart Speakers
Market vendors are focusing on developing products compatible with smart speakers. Few manufacturers are also offering smart speakers that work with a voice-controlled intelligent personal assistant. These smart speakers enable users to make calls while sending or receiving messages through a personal assistant. Smart speakers connected with the smart mattresses can get connected to the cloud and play music from different applications, including Prime Music, Pandora, iHeartRadio, TuneIn, and others. Thus, focus of vendors toward launching smart mattresses equipped with smart speakers will drive the market growth during the forecast period.
“Apart from the introduction of smart mattresses that are compatible with smart speakers, other factors such as the premiumization through product innovations, increasing investments in R&D, and the promotion of smart mattresses through branding and advertising are expected to boost the smart mattresses market during the forecast period, ” says a senior analyst at Technavio.
Register for a free trial today and gain instant access to 10,000+ market research reports.
Technavio's SUBSCRIPTION platform
Smart Mattresses Market: Segmentation Analysis
This market research report segments the smart mattresses market by distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and MEA).
North America led the market in 2018, followed by Europe, APAC, South America, and MEA, respectively. Increasing investments in R&D activities to manufacture innovative smart mattresses is likely to contribute to the growth of the market. Also, high penetration of the Internet and smartphones is further expected to play a crucial role in the adoption of smart mattresses in the US.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.
If you are interested in more information, please contact our media team at [email protected].
View source version on businesswire.com:https://www.businesswire.com/news/home/20191106005828/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER MANUFACTURING TEXTILES TEENS CHILDREN ENGINEERING CHEMICALS/PLASTICS MANUFACTURING INTERIOR DESIGN MOBILE/WIRELESS OTHER TECHNOLOGY OTHER RETAIL HARDWARE CONSUMER ELECTRONICS TECHNOLOGY OTHER CONSUMER RETAIL HOME GOODS WOMEN SENIORS AUDIO/VIDEO MEN FAMILY ONLINE RETAIL CONSUMER LUXURY OTHER CONSTRUCTION & PROPERTY
SOURCE: Technavio Research
Copyright Business Wire 2019.
PUB: 11/06/2019 10:00 PM/DISC: 11/06/2019 10:01 PM