Middle East & Africa Sleep Tracking Devices Market Size & Outlook
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MEA sleep tracking devices market highlights
- The MEA sleep tracking devices market generated a revenue of USD 620.2 million in 2023.
- The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software & Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 620.2 million |
| Market revenue in 2030 | USD 1,244.6 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software & Solutions |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software & Solutions, Hardware |
| Key market players worldwide | Alphabet Inc Class A, Apple Inc, Nokia Oyj, ResMed Inc, Sleepace, Garmin Ltd, Huawei Technologies, Fossil Group Inc, Oura, Amazon.com Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.3% of the global sleep tracking devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,306.1 million by 2030.
Key Regions: UAE , U.S. , UK , Japan , South Africa
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Sleep Tracking Devices Market Scope
Sleep Tracking Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sleepace | View profile | 51-100 | Shenzhen, Guangdong, China, Asia | http://www.sleepace.com/ |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Nokia Oyj | View profile | 86700 | Karakaari 7, Espoo, Finland, FI-02610 | https://www.nokia.com |
| Fossil Group Inc | View profile | 6100 | 901 S. Central Expressway, Richardson, TX, United States, 75080 | https://www.fossilgroup.com |
| Oura | View profile | 251-500 | Oulu, Oulu, Finland, Europe | http://ouraring.com |
| Garmin Ltd | View profile | 19900 | Muhlentalstrasse 2, Schaffhausen, Switzerland, 8200 | https://www.garmin.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| ResMed Inc | View profile | 10140 | 9001 Spectrum Center Boulevard, San Diego, CA, United States, 92123 | https://www.resmed.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Middle East & Africa 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 70.06% in 2023. Horizon Databook has segmented the Middle East & Africa sleep tracking devices market based on software & solutions, hardware covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa sleep tracking devices market databook
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Our clientele includes a mix of sleep tracking devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Middle East & Africa sleep tracking devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sleep tracking devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA sleep tracking devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Sleep Tracking Devices Market Outlook Share, 2023 & 2030 (US$M)
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