Global Smart Bed Market Size & Outlook
The smart bed industry worldwide is expected to reach a projected revenue of US$ 3,089.4 million by 2027. A compound annual growth rate of 4.5% is expected of the worldwide smart bed industry from 2020 to 2027.
Revenue, 2019 (US$M)
$2,168.5
Forecast, 2027 (US$M)
$3,089.4
CAGR, 2020 - 2027
4.5%
Report Coverage
Worldwide
Global smart bed market, 2016-2027 (US$M)
Related Markets
Global smart bed market highlights
- The global smart bed market generated a revenue of USD 2,168.5 million in 2019 and is expected to reach USD 3,089.4 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 4.5% by 2027.
- In terms of segment, residential accounted for a revenue of USD 1,561.9 million in 2019.
- Hospital is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 2,168.5 million |
| Market revenue in 2027 | USD 3,089.4 million |
| Growth rate | 4.5% (CAGR from 2019 to 2027) |
| Largest segment | Residential |
| Fastest growing segment | Hospital |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Hospital, Hospitality |
Other key industry trends
- In terms of revenue, the North America accounted for 60.2% of the global smart bed market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 106.5 million by 2027.
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Smart Bed Market Scope
Smart bed market segmentation & scope
Smart Bed Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart bed 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 smart bed market will help companies and investors design strategic landscapes.
residential was the largest segment with a revenue share of 72.03% in 2019. Horizon Databook has segmented the Global smart bed market based on residential, hospital, hospitality covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Smart Bed Application Outlook (Revenue, USD Million, 2016-2027)
- Residential
- Hospital
- Hospitality
- Others
- Global Smart Bed Distribution channel Outlook (Revenue, USD Million, 2016-2027)
- Supermarkets/Hypermarkets
- Specialty stores
- Online
- Others
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Target buyers of Global smart bed market databook
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Our clientele includes a mix of smart bed 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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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart bed market , including forecasts for subscribers. This global databook contains high-level insights into Global smart bed market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global smart bed market statistics, by regions, 2016-2027 (US$M)
Top 10 countries: Smart bed market size, 2019 (USD Million)
Top 10 countries: Smart bed market size, 2019 (USD Million)
Global smart bed market, by region, 2019 (US$M)
Related regional statistics
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