2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of theSmart Sleep Monitor Market?

The rising prevalence of sleep-related disorders is expected to boost the growth of the smart sleep monitor market. Sleep-related ailments affect the quality, quantity, and timing of sleep, often leading to excessive daytime sleepiness. Factors like stress, lifestyle changes, and an aging population are contributing to the rise in these disorders. Smart sleep monitors track various metrics, such as heart rate, breathing patterns, and body temperature, to identify sleep issues. According to SleepFoundation.org in May 2023, between 50 and 70 million people in the U.S. experience sleep disorders, and 70% of adults are affected by seasonal affective disorder (SAD). This growing incidence of sleep-related disorders is driving the smart sleep monitor market.

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#What Are the Key Projections for the CAGR of the Smart Sleep Monitor Market From 2025 to 2034?

The smart sleep monitor market has experienced rapid growth in recent years. It will grow from $25.41 billion in 2024 to $29.1 billion in 2025, at a compound annual growth rate (CAGR) of 14.5%. This growth is driven by the popularity of wearable technology, the convenience of home monitoring, patient monitoring applications, customized sleep solutions, and the affordability of sleep apps.

The smart sleep monitor market is expected to grow to $49.55 billion by 2029, with a CAGR of 14.2%. The growth is attributed to mental health focus, regulatory support for sleep health, consumer demand for data-driven insights, increasing non-wearable devices, and demand for smart sleep monitors. Trends include integration with fitness devices, industry partnerships, increased sleep research investment, advanced sensing technologies, and data analytics with AI.

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Which Upcoming Market Trends and Innovations Are Set to Influence theSmart Sleep Monitor Market’s Path Forward?

In the smart sleep monitor market, companies are developing AI-based integrated sleep monitor devices to improve sleep accuracy and personalization. Samsung Electronics launched the Galaxy Ring in July 2024, a smart wearable that tracks various sleep metrics like heart rate, sleep latency, and respiratory rate, offering users insights into sleep quality and health.

Who Are the Dominant Market Players Pushing the Boundaries of theSmart Sleep Monitor Market?

Major companies operating in the smart sleep monitor market are Apple Inc., Samsung Electronics Co. Ltd, Xiaomi Corporation, Nokia Inc., Koninklijke Philips NV, Garmin Ltd, ResMed Inc., Sleep Number Corporation, Fitbit LLC, Misfit Inc., Withings Corporation, Owlet Inc., Empatica Inc., Sibel Health Inc., Sleepiz AG, Eight Sleep, Early Sense Inc., Beddit Inc., Emfit Inc., Knownwell Corporation, Ultrahuman Inc., Onera Health Inc., Xsensio Inc.

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What Are the Core Segments of the Smart Sleep Monitor Market, and How Do They Contribute to Growth?

The smart sleep monitor market covered in this report is segmented –

1) By Type: Wearable Devices, Non-Wearable Devices

2) By Technology: Sensing Technology, Computing Technology, Display Technology

3) By Application: Online Sales, Offline Sales

Subsegments:

1) By Wearable Devices: Smartwatches, Fitness Trackers, Sleep Headbands, Smart Rings, Wearable Sleep Sensors

2) By Non-Wearable Devices: Sleep Tracking Mats, Under-Mattress Sensors, Smart Pillows, Non-Wearable Sleep Bands, Bedside Sleep Monitors

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What Regions Are Dominating the Smart Sleep Monitor Market Growth?

North America was the largest region in the smart sleep monitor market in 2023. The regions covered in the smart sleep monitor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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