In a recent published report, Kenneth Research has updated the market report for Smart Sleep Tracking Device Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Smart Sleep Tracking Device Market products.
Download Sample of This Strategic Report-
https://www.kennethresearch.com/sample-request-10000067
According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017.
Global smart sleep tracking device market reached more than USD 1 Billion in 2016 and is expected to reach more than USD 4 Billion by the end of 2024, expanding at a CAGR of 18% over the forecast period i.e. 2017-2024. Moreover, the growth of the smart sleep tracking device market is attributed to the increased awareness among people to get their sleep patterns checked and rising sleep disorders such as sleep apnea. North America is slated to account for a leading share of 54% in the terms of Size by 2024 in the smart sleep tracking device market. The growth in the region is anticipated to be fostered by the increasing awareness about the harmful effects of sleeping disorder.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”
Besides, rising disposable income coupled with availability of innovative smart sleep tracking device in the market is also expected to impel the growth of smart sleep tracking device market in the North America. U.S. and Canada is the prominent market in the region.
Global smart sleep tracking device market is segmented on the basis of product type into wearable devices and non-wearable devices. Wearable devices segment (74% share in 2016) occupies the largest market of smart sleep tracking device across the globe. Further, global wearable smart sleep tracking device market is anticipated to reach more than USD 3 Billion by the end of 2024 from USD 800 Million in 2016.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
Points Covered in Table of Content
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
4.1. Growth Drivers
4.2. Challenges
4.3. Trends
4.4. Opportunities
5. Global Market Segmentation Analysis
5.1. By Product Type Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
5.1.1. Wearable Devices
5.1.2. Non-Wearable Devices Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
5.2. By Technology Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
5.2.1. Sensors Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
5.2.2. Electro-active Polymers Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
5.2.3. Others Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
5.3. By Distribution Channel Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
5.3.1. Online Stores Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
5.3.2. Off-line Stores Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
5.4. By Region Market Value (USD Million) & Y-O-Y Growth & Share Analysis (%), 2016-2024
5.4.1. North America Market Value (USD Million), Y-O-Y Growth & Share Analysis (%), 2016-2024
5.4.1.1. By Country ……Conti..
Business Questions answer by the report
- How will the market drivers, restraints and opportunities affect the market dynamics?
- What will be the market size in terms of value and volume and market statistics with detailed classification?
- Which segment dominates the market or region and one will be the fastest growing and why?
- A comprehensive survey of the competitive landscape and the market participant players
- Analysis of strategy adopted by the key player and their impact on other players.
Customization Scope for the Client
Client satisfaction is our first and last priority. And that’s why Kenneth Research offers customization according to Company’s specific needs. The following customization options are available for the report:
Additional Company Information
- Additional company detail analysis.
- Additional country analysis.
- Detailed segment analysis.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
Download Sample of This Strategic Report-
https://www.kennethresearch.com/sample-request-10000067
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
Contact Us
Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609