DUBLIN--(BUSINESS WIRE)--The "Smart Sleep Tracking Device Market: Global Demand Analysis & Opportunity Outlook 2024" report has been added to ResearchAndMarkets.com's offering.
The global smart sleep tracking device market is expected to grow at a robust growth over the forecast period i.e. 2017-2024. Smart sleep tracking device market is driven by various factors such as growing awareness of sleep as a health concern and rising personal disposable income.
Further, the market of wearable devices by product type is expected to register a highest market share in overall smart sleep tracking device market by the end 2024. The growth of wearable smart sleep device market is attributed to the rising adoption of technologically advanced devices on the back of escalating sleep disorders.
On the basis of geography, the most prominent regional markets include North America and Europe, which together constituted around 65% market share. North America region is expected to dominate the market during the forecast period aided by the U.S. Further, wide use of these compact devices in the treatment of sleep apnea and rapid urbanization are believed to flourish the growth of smart sleep tracking device market in the region. Moreover, presence of major key players in North America region is also predicted to bolster the growth of smart sleep tracking device market over the forecast period.
Europe region holds the second largest market of smart sleep tracking device in terms of revenue in 2016. Further, the major countries witnessing the augmented demand for smart sleep tracking devices are France, U.K. and others countries. Additionally, increased connectivity and a greater demand for healthcare devices are envisioned to foster the growth of smart sleep tracking device market in the Europe region. Asia-Pacific region is also projected to show a tremendous growth over the forecast period i.e. 2017-2024. The growth in this region is credited to the rise of middle class and rising purchasing power of the population. Furthermore, Japan and China are the leading countries for smart sleep trackers in this region.
- Apple Inc.
- Samsung Group
- Philips Healthcare
- Nokia Corporation
- Fitbit, Inc
- Emfit Ltd
- Garmin Ltd.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Global Smart Sleep Tracking Device Market Value (USD Million) Forecast, 2016-2024
4. Market Dynamics & Its Impact Analysis
5. Global Market Segmentation Analysis
6. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/q6n89c/smart_sleep?w=4