Smart Pillow Market Size, Share & Trends Analysis Report By Application (Residential, Commercial), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2024 - 2030

Smart Pillow Market Growth & Trends

The global smart pillow market size is expected to reach USD 11.14 billion by 2030, expanding at a CAGR of 27.8% from 2024 to 2030. Growing awareness among people regarding the need for a healthy sleep is expected to promote the utility of advanced products such as smart pillow. Sleep helps in improving the quality of life by refining mental and physical health.

It plays a crucial role in proper growth and development of the newborn and children. In addition, long term sleep deficiency can lead to chronic health problems and adversely affect the learning working ability. Smart pillows have the ability to trace the sleeping pattern and measure the restlessness and disturbance if any, which can be dealt with medically before it has some serious effect on health.

Growing use of smart pillows has been observed among the baby boomers and generation X. Poor sleep has a substantial adverse impact on the health of the elderly. Furthermore, it has been noticed that as people age, they have a harder time falling asleep, which can lead to cognitive problems such as cognitive decline, dementia, attention deficiency, and poor memory. This can rapidly deteriorate the coordination and mobility. Along with these, lack of sleep enhances the risk of heart disease, diabetes, and weight problem. Therefore, the geriatricians from across the globe recommends smart pillows for better sleep assistance and a routine track of sleep pattern.

The industry is at the nascent stage of development, where the industry participants are launching products. In April 2017, Sunrise Smart Pillow was launched on Kickstarter. These products have light strips on both ends, which replicate light like sunrays and help in waking up the sleeper. It follows the programmed sleep schedule and wakes up a person by the use of light activating alarm clocks. These light strips can be manually controlled.

For instance, blue light helps in better awakening, or these strips can be used as a head lamp for reading before bed. The product also provides an insight into the sleep by analyzing the sleeping pattern and creating a sleep score. It also has inbuilt speakers that can be connected via Bluetooth and can be used to play music or read audio books, ultimately providing total relaxation.

Similarly, in January 2019, the researchers at the Northern Illinois University created products that have noise cancelling features. In addition, the product has an adaptive algorithm, which takes a note of the snoring pattern and helps in controlling and silencing them. The noise cancelling technology detects the snore and produces sound waves of exactly the same amplitude and cancels the noise. It helps in reducing the sound by 30 to 31 decibels.

Smart Pillow Market Report Highlights

• The residential segment is expected to grow at the fastest CAGR of 31.0% during the forecast period owing to growing awareness regarding the application of the product in controlling snoring
• The commercial segment held the largest revenue share of 62.7% in 2023.
• The online segment is expected to grow at the fastest CAGR of 29.2% during the forecast period.
• North America accounted for a share of 40.3% in the year 2023. The growth is prevalent owing approximately 50 million to 70 million people in America experience chronic or ongoing sleeping disorders
• Asia Pacific is expected to expand at the fastest CAGR of 29.7% from 2024 to 2030
• Key players include in global smart pillows market are TESLA Solar, s.r.o.; Nitetronic; 10minds; ADVANSA; MAETEL; MOONA; MAETEL; Gio Clavis

Why should you buy this report?

• Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
• Competitive Landscape: Explore the market presence of key players worldwide.
• Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
• Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

• Market intelligence to enable effective decision-making
• Market estimates and forecasts from 2018 to 2030
• Growth opportunities and trend analyses
• Segment and regional revenue forecasts for market assessment
• Competition strategy and market share analysis
• Product innovation listing for you to stay ahead of the curve
• COVID-19's impact and how to sustain in these fast-evolving markets

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