Market Overview:
The global smart sleep tracker market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using a smart sleep tracker, rising demand for wearable devices, and growing adoption of health and fitness tracking applications. Based on type, the global smart sleep tracker market can be segmented into wearable devices, non-wearable devices, and others. The wearable device segment is expected to account for the largest share of the global market in 2018 owing to their growing popularity among consumers worldwide. By application, commercial applications are expected to account for the largest share of the global market in 2018 followed by health care applications. Regionally, North America is estimated to hold a major share of the global smart sleep tracker market in 2018 followed by Europe and Asia Pacific respectively.
Product Definition:
A Smart Sleep Tracker is a wearable device which monitors and records a user's sleep patterns. It can be used to track the amount of sleep, quality of sleep, and how much time is spent in different stages of sleep. This information can be used to help people understand their own sleeping habits and make changes if needed. The importance of Smart Sleep Trackers is that they can help people become more aware of their own sleeping patterns and improve their overall health as a result.
Wearable:
Wearable is a device that is directly attached to the body or clothing and can send out information. It can be used for health monitoring, fitness tracking, communication devices like mobile phones and tablets etc.
Non-wearable:
Non-wearable is a device that can track the user's sleep without any physical devices or sensors. It includes bedside monitor systems, wearable pendants, and alarm clocks. The non-wearable technology has evolved over time to include smart clothing such as socks and undergarments that also measure sleep along with wristbands or watches that do not need to be worn on the wrist.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing adoption of smart sleep trackers by hospitals, clinics and other healthcare facilities as they help in diagnosing sleeping disorders and measuring sleep stages. Furthermore, these devices are being increasingly used by doctors and medical professionals for patient diagnosis as well as treatment planning during nights or weekends when patients cannot get themselves admitted to hospitals due to cost concerns or some other reason.
The health care segment is expected register a significant CAGR of XX% from 2018 to 2030 owing to an increase in demand for advanced products that measure multiple parameters such as heart rate, oxygen saturation level, movement sensors etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing awareness regarding sleep health, high disposable income, and availability of advanced products in this region. Moreover, rising adoption of smart devices such as smartphones and tablets is anticipated to drive demand for these trackers over the forecast period.
Asia Pacific regional market captured a significant share in 2017 owing to increasing penetration of smart devices such as smartphones and fitness bands among consumers especially in India and China countries.
Europe also held a considerable share due to high demand for wearable technology products from various industries including medical & healthcare sector; military & defense sector; sports industry etc.
Growth Factors:
- Increasing awareness about the benefits of sleep and its impact on overall health and well-being
- Growing demand for wearable devices that track sleep patterns and provide insights to help improve sleep quality
- Rising prevalence of sleep disorders such as insomnia, restless leg syndrome, and obstructive sleep apnea
- Proliferation of smart home technologies that can be used to monitor and optimize sleeping environment for better quality slumber 5. Increased research funding towards understanding the role ofsleep in preventing chronic diseases
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Sleep Tracker Market Research Report
By Type
Wearable, Non-wearable, Others
By Application
Commercial, Health Care, Home, Others
By Companies
ResMed, Beddit, Emfit Oy, Withings, Sleepace Reston, Fitbit, Jawbone, Nokia, ResMed
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Smart Sleep Tracker Market Report Segments:
The global Smart Sleep Tracker market is segmented on the basis of:
Types
Wearable, Non-wearable, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Health Care, Home, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ResMed
- Beddit
- Emfit Oy
- Withings
- Sleepace Reston
- Fitbit
- Jawbone
- Nokia
- ResMed
Highlights of The Smart Sleep Tracker Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wearable
- Non-wearable
- Others
- By Application:
- Commercial
- Health Care
- Home
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Sleep Tracker Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Smart Sleep Tracker is a wearable device that monitors your sleep and provides insights about your sleep habits. These devices can track things like how long you slept, how many times you woke up during the night, and what time of day you woke up. They can also provide information about your sleeping environment, such as whether or not there was noise in the room.
Some of the major companies in the smart sleep tracker market are ResMed, Beddit, Emfit Oy, Withings, Sleepace Reston, Fitbit, Jawbone, Nokia, ResMed.
The smart sleep tracker market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Sleep Tracker Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Sleep Tracker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Sleep Tracker Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Sleep Tracker Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Sleep Tracker Market Size & Forecast, 2020-2028
4.5.1 Smart Sleep Tracker Market Size and Y-o-Y Growth
4.5.2 Smart Sleep Tracker Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wearable
5.2.2 Non-wearable
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Health Care
6.2.3 Home
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Sleep Tracker Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Sleep Tracker Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wearable
9.6.2 Non-wearable
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Health Care
9.10.3 Home
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wearable
10.6.2 Non-wearable
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Health Care
10.10.3 Home
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wearable
11.6.2 Non-wearable
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Health Care
11.10.3 Home
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wearable
12.6.2 Non-wearable
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Health Care
12.10.3 Home
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wearable
13.6.2 Non-wearable
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Health Care
13.10.3 Home
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Sleep Tracker Market: Competitive Dashboard
14.2 Global Smart Sleep Tracker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ResMed
14.3.2 Beddit
14.3.3 Emfit Oy
14.3.4 Withings
14.3.5 Sleepace Reston
14.3.6 Fitbit
14.3.7 Jawbone
14.3.8 Nokia
14.3.9 ResMed
