Global Sleep Tracking Devices Market Size & Outlook

The sleep tracking devices industry worldwide is expected to reach a projected revenue of US$ 58,212.8 million by 2030. A compound annual growth rate of 11.9% is expected of the worldwide sleep tracking devices industry from 2024 to 2030.
Revenue, 2023 (US$M)
$26,556.8
Forecast, 2030 (US$M)
$58,212.8
CAGR, 2024 - 2030
11.9%
Report Coverage
Worldwide

Global sleep tracking devices market, 2018-2030 (US$M)

Global sleep tracking devices market highlights

  • The global sleep tracking devices market generated a revenue of USD 26,556.8 million in 2023 and is expected to reach USD 58,212.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 11.9% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 18,723.8 million in 2023.
  • Software & Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 26,556.8 million
Market revenue in 2030USD 58,212.8 million
Growth rate11.9% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware & Solutions
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware & Solutions, Hardware

Other key industry trends

  • In terms of revenue, the North America accounted for 43.0% of the global sleep tracking devices market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Kuwait is the fastest growing regional market and is projected to reach USD 142.8 million by 2030.

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Sleep Tracking Devices Market Companies

Name Profile # Employees HQ Website

Global sleep tracking devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sleep tracking devices market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 70.5% in 2023. Horizon Databook has segmented the Global sleep tracking devices market based on software & solutions, hardware covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Sleep Tracking Devices Component Outlook (Revenue, USD Million, 2018-2030)
    • Software & Solutions
    • Hardware
      • Wearable
        • Watches
        • Bands
        • Earbuds
        • Others (Rings, Headphones)
      • Non-wearables
        • Bedside Tracking Devices
        • Bed Sensors
  • Global Sleep Tracking Devices Operating System Outlook (Revenue, USD Million, 2018-2030)
    • Android
    • IOS

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Target buyers of Global sleep tracking devices market databook

  • Our clientele includes a mix of sleep tracking devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global sleep tracking devices market , including forecasts for subscribers. This global databook contains high-level insights into Global sleep tracking devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global sleep tracking devices market size, by regions, 2018-2030 (US$M)

Top 10 countries: Sleep tracking devices market size, 2023 (US$M)

Global sleep tracking devices market share, by component, 2023 & 2030 (%, US$M)

Sleep tracking devices market: Opportunity assessment by country

Global sleep tracking devices market, by region, 2023 (US$M)

Global sleep tracking devices market size, by regions, 2018-2030 (US$M)

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