Dublin, Nov. 14, 2024 (GLOBE NEWSWIRE) — The “Sleep Monitoring Apps Market Report 2024” report has been added. ResearchAndMarkets.com’s offers.
This Sleep Monitoring Apps market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It tracks historical and projected market growth by geography.
The market size of sleep monitoring apps has grown significantly in recent years. It will grow from $3.2 billion in 2023 to $3.87 billion in 2024 at a compound annual growth rate (CAGR) of 21%. The growth in the historical period can be attributed to the ease of use of sleep monitoring apps, the rising adoption rate of these apps, changing lifestyles, increased demand for personalized sleep visualizations, and increased consumer health awareness. height
The market size of sleep monitoring apps is expected to witness significant growth in the next few years. It will grow to $8.33 billion in 2028 at a compound annual growth rate (CAGR) of 21.1%. The growth during the forecast period can be attributed to the widespread use of smartphones, proliferation of sleep monitoring apps, demand for apps that provide comprehensive health management, work-related stress, and increase in programs physical well-being. Key trends in the forecast period include integration with wearable devices, the use of advanced sensors, the development of non-invasive sleep monitoring technologies, the introduction of sleep apnea and snoring detection, and the adoption virtual reality (VR) and augmented reality (AR).
The prevalence of sleep disorders is expected to drive the expansion of the sleep monitoring apps market. For example, in November 2023, data from the National Health Service, the UK’s publicly funded healthcare system, revealed that 64.9% of young people aged 17 to 23 had sleep problems three or more times in the previous seven nights , up from 64. % in 2022. This rate was still higher than the rate of children aged 8 to 16 in both years. The prevalence among young women increased from 76.7% in 2022 to 74.7% in 2023, and among young men, it rose from 52.3% in 2022 to 55.7% in 2023. As a result, rising prevalence of sleep disorders is driving the growth of the sleep monitor market apps.
Leading companies in the sleep tracking apps market are focusing on creating innovative audio-based sleep tracking apps to improve accuracy and user engagement.
North America was the largest region in the sleep monitoring apps market in 2023. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Reporting area
Markets covered:
1) By operating system: iPhone operating system (iOS); Android
2) By Subscription Model: Paid; Monthly; Every year; free
3) By Application: Sleep Quality Monitoring; Heart Rate Monitor; Respiration Rate Management
Top Companies Reported in the Sleep Monitoring Apps Market: Apple Inc.; Samsung Electronics Co. Ltd.; Xiaomi Corporation; Koninklijke Philips NV; Garmin Ltd
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; United States; Canada; Italy; Spain
Departments: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; The Middle East; Africa
Time series: Five historical years and a ten year forecast.
Data: Market size ratios and growth to related markets, GDP proportions, per capita spending.
Data segmentation: Country and regional historical and forecast data, competitor market share, market segments.
Key features
| Impact Statement | Details |
| Number of pages | 175 |
| The preview period | 2024-2028 |
| Estimated market value (USD) in 2024 | $3.87 billion |
| Expected market value (USD) by 2028 | $8.33 billion |
| Compound annual growth rate | 21.1% |
| Categories covered | Global |
Some of the other key companies profiled in this Sleep Monitoring Apps market report include:
- ResMed Inc.
- Fitbit LLC
- Information about Polar Electro Inc.
- Headspace Inc.
- Calm Ltd.
- Runtastic sleep better
- Our health
- Beddit Inc.
- Sleep Cycle Inc.
- FitSleep Inc.
- Emfit Inc.
- Ten percent happier
- SLUMBER Group
- Sleepiest Inc.
- Pzizz Ltd.
- Noisli Ltd.
- Moshi Inc.
For more information on this report visit https://www.researchandmarkets.com/r/di45kf
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Sleep Monitoring Apps Market Report 2024
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