South Korea Sleep Tracking Devices Market Size & Outlook
South Korea sleep tracking devices market, 2018-2030 (US$M)
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South Korea sleep tracking devices market highlights
- The South Korea sleep tracking devices market generated a revenue of USD 678.1 million in 2023 and is expected to reach USD 1,516.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 12.2% 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.
Sleep tracking devices market data book summary
| Market revenue in 2023 | USD 678.1 million |
| Market revenue in 2030 | USD 1,516.1 million |
| Growth rate | 12.2% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software & Solutions |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 2.6% of the global sleep tracking devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China sleep tracking devices market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,665.1 million by 2030.
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Sleep Tracking Devices Market Scope
Sleep Tracking Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 70.03% in 2023. Horizon Databook has segmented the South Korea 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 South Korea 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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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 country-level data and insights on the South Korea sleep tracking devices market , including forecasts for subscribers. This country databook contains high-level insights into South Korea sleep tracking devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea sleep tracking devices market size, by component, 2018-2030 (US$M)
South Korea Sleep Tracking Devices Market Outlook Share, 2023 & 2030 (US$M)
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