What's Driving the Sleep Monitoring Apps Market 2025-2034:
Sleep Monitoring Apps Market Size
What Are the Projections for the Size and Growth Rate of the Sleep Monitoring Apps Market?
The market size for sleep monitoring applications has seen a rapid expansion in the past few years. The market size is projected to increase from $3.87 billion in 2024 to $4.69 billion in 2025, showcasing a compound annual growth rate (CAGR) of 21.3%. Factors contributing to this historic growth include the user-friendliness of these apps, higher adoption rates, evolving lifestyles, an increased demand for tailored sleep information, and a heightened awareness about health among consumers.
In the upcoming years, the market size for sleep monitoring apps is projected to experience a surge. By 2029, it's estimated to expand to a whopping $10.07 billion, achieving a compound annual growth rate (CAGR) of 21.0%. Factors such as the pervasiveness of smartphones, the variety of sleep monitoring apps, growing demand for comprehensive health management applications, occupational stress, and an increase in corporate wellness schemes, contribute to its growth during the forecast period. The period is also anticipated to see trends such as compatibility with wearable devices, the application of high-tech sensors, advancements in non-invasive sleep monitoring technologies, features for sleep apnea and snoring detection, along with the implementation of virtual reality (VR) and augmented reality (AR).
What Are the Main Catalysts for Growth in the Sleep Monitoring Apps Market?
The surged frequency of sleep disorders is anticipated to boost the advancement of the sleep monitor apps market in the near future. These disorders hamper regular sound sleep, disturbing the quantity, quality, or timing of it, often resulting in excessive sleepiness during the day. The escalation in sleep disorders is mainly attributed to increased stress, alterations in lifestyle, and interference by electronic devices with sleep cycles. Sleep monitor apps aid in managing sleep disorders by presenting in-depth data, monitoring trends, and proposing personalized advice to enhance sleep hygiene and routine. For example, per the National Health Service data released in November 2023, a whopping 64.9% of the young population between 17 to 23 years in UK experienced multiple sleep issues on more than three occasions in the preceding week of 2023, a slight surge from 64.0% in 2022. This proportion surpassed those of children between 8 to 16 years old for both years. The frequency among young women, however, saw a decrease from 76.7% in 2022 to 74.7% in 2023, but for young men, it increased from 52.3% in 2022 to 55.7% in 2023. Hence, the escalated frequency of sleep disorders is fueling the growth of the sleep monitor apps market.
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Which Businesses Are at the Forefront of Sleep Monitoring Apps Market Development?
Major companies operating in the sleep monitoring apps market are Apple Inc., Samsung Electronics Co. Ltd., Xiaomi Corporation, Koninklijke Philips N.V., Garmin Ltd, ResMed Inc, Fitbit LLC, Polar Electro Inc., Headspace Inc., Calm ltd, Runtastic Sleep Better, Oura Health, Beddit Inc., Sleep Cycle Inc., FitSleep Inc., Emfit Inc., Ten Percent Happier, SLUMBER Group, Sleepiest Inc., Pzizz Ltd, Noisli Ltd, Moshi Inc.
What Are the Latest Innovations in the Sleep Monitoring Apps Market?
Leading businesses in the sleep monitoring apps market are concentrating on creating inventive audio-based sleep-tracking applications to improve precision and engage better with users. These types of apps harness a smartphone's microphone to observe and study sounds during sleep, like breathing patterns and movements. As an example, in March 2022, Sleep Cycle Inc., a software solutions firm based in Sweden, introduced Auto Sleep Tracker for Apple Watch. This advanced feature seeks to bolster the interconnection of Sleep Cycle with the Apple Watch, enabling users to record their sleep data effortlessly and systematically. The Auto Sleep Tracker function gathers sleep information from Apple Health, through the Apple Watch, and equips users with an in-depth sleep analysis, while addressing gaps and inconsistencies in their sleep data. This function targets users seeking a more steady, effortless sleep tracking experience that also offers the benefit of automated tracking.
How Is the Sleep Monitoring Apps Market Segmented?
The sleep monitoring apps market covered in this report is segmented -
1) By Operating System: iPhone Operating System (iOS), Android
2) By Subscription Model: Paid, Monthly, Annually, Free
3) By Application: Sleep Quality Tracking, Heart Rate Tracking, Respiration Rate Tracking
Subsegments:
1) By iPhone Operating System (iOS): iPhone, iPad, iPod Touch
2) By Android: Smartphones, Tablets
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Where Is the Sleep Monitoring Apps Market Growth Most Prominent?
North America was the largest region in the sleep monitoring apps market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sleep monitoring apps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Sleep Monitoring Apps Global Market Report?
- Market Size Analysis: Analyze the Sleep Monitoring Apps Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sleep Monitoring Apps Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sleep Monitoring Apps Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sleep Monitoring Apps Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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