Smart Furniture Market is expected to reach US$ 779.90 Mn. by 2029, at a CAGR of 18.5% during the forecast period. The report covers the detailed analysis of the Global Smart Furniture industry with the classifications of the market on the basis of Product, Application, and region. Analysis of past market dynamics from 2023 to 2029 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.To know about the Research Methodology:- Request Free Sample Report
Smart Furniture Market Dynamics:
Lifestyle Changes Changing lifestyle is one of the most prominent factors influencing the market growth. As a result of increasing discretionary income, people are now more likely to invest in home automation solutions such as smart furniture. Further, organizations across the world are now increasingly adopting smart furniture for their employees in a zeal to improve their well-being and increase productivity. Smart furniture enables monitoring of activities such as sitting or standing time and calories burnt of an employee. Thus, these advantages are expected to drive the demand for smart furniture in corporate offices in the following years.Continual technological advancements have resulted in incorporation of various features such as wireless smartphone charging, induction beverage warmer and Bluetooth speakers among others into a single furniture, a factor further expected to strengthen the market growth.Smart Furniture Market Introduction
Smart Furniturecan be said of a designed furniture, in a way that it is smart through a connection to a wall – mounted electric socket with an internet connection. The smart furniture, in a way is equipped with a networked computer, Input and Output devices and sensors, in coordination with the existing network infrastructure or user’s personal device. Smart Furniture can be known as belonging under the umbrella of the Smart Home Appliances and Smart Cities, with an overlap of the furniture sector and the Internet of Things (IoT).Top Smart Furniture Manufacturers
The report has profiled fifteen major companies in the market from different regions, across the Globe.Further, the report has considered all the followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in Asia Pacific.Regional Analysis
North America is expected to account for a Largest Market Share in the Global Market, during the forecast period. The market for smart furniture is anticipated to grow with a largest CAGR in North America, especially in United States and Canada. This growth of the region could be attributed towards the rising demand for automation in home appliances by major population, across the region. The report also helps in understanding Global Market dynamics, structure by analyzing the market segments and projects the Global Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Market make the report investor’s guide.Smart Furniture Market Scope: Inquire before buying
The Global market for Smart Furniture is studied under two major segments and further into sub-segments to forecast the market size by value.
Global Smart Furniture Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: USD 237.68 Mn. Forecast Period 2023 to 2029 CAGR: 18.5% Market Size in 2029: USD 779.90 Mn. Segments Covered: by Product Tables Desks Stools & Benches Sofas & Chairs by Application Residential Commercial Smart Furniture Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players:
1. Ikea Sytems 2. Milano Smart Living 3. Modoola Ltd. 4. Carlo Ratti 5. Herman Miller Inc. 6. Seebo Interactive Ltd. 7. Kamarq Holdings 8. Ori Systems 9. Steelcase Inc. 10. Hi – Interiors Srl 11. Nitz Engineering GmbH 12. Dot & Bo. 13. Resource Furniture LLC 14. Lago Furnitures 15. Walmart Frequently Asked Questions: 1. Which region has the largest share in Global Smart Furniture Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Smart Furniture Market? Ans: The Global Smart Furniture Market is growing at a CAGR of 18.5% during forecasting period 2023-2029. 3. What is scope of the Global Smart Furniture market report? Ans: Global Smart Furniture Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Smart Furniture market? Ans: The important key players in the Global Smart Furniture Market are – Ikea Sytems, Milano Smart Living, Modoola Ltd., Carlo Ratti, Herman Miller Inc., Seebo Interactive Ltd., Kamarq Holdings, Ori Systems, Steelcase Inc., Hi – Interiors Srl, Nitz Engineering GmbH, Dot & Bo., Resource Furniture LLC, Lago Furnitures, and Walmart. 5. What is the study period of this market? Ans: The Global Smart Furniture Market is studied from 2022 to 2029.
Global Smart Furniture Market
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Smart Furniture Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Smart Furniture Market 3.4. Geographical Snapshot of the Smart Furniture Market, By Manufacturer share 4. Global Smart Furniture Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Smart Furniture Market 5. Supply Side and Demand Side Indicators 6. Global Smart Furniture Market Analysis and Forecast, 2022-2029 6.1. Global Smart Furniture Market Size & Y-o-Y Growth Analysis. 7. Global Smart Furniture Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 7.1.1. Tables 7.1.2. DESKS 7.1.3. Stools & Benches 7.1.4. Sofas & Chairs 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Corporate Offices 7.2.2. Residential 8. Global Smart Furniture Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Smart Furniture Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 9.1.1. Tables 9.1.2. DESKS 9.1.3. Stools & Benches 9.1.4. Sofas & Chairs 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Corporate Offices 9.2.2. Residential 10. North America Smart Furniture Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Smart Furniture Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Smart Furniture Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Smart Furniture Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Smart Furniture Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Smart Furniture Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Smart Furniture Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Smart Furniture Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Smart Furniture Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Smart Furniture Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Smart Furniture Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Smart Furniture Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Smart Furniture Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Smart Furniture Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Smart Furniture Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Smart Furniture Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Smart Furniture Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Smart Furniture Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Smart Furniture Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Smart Furniture Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Smart Furniture Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Smart Furniture Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Smart Furniture Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Smart Furniture Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Smart Furniture Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Smart Furniture Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Smart Furniture Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Smart Furniture Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Smart Furniture Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Smart Furniture Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Smart Furniture Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Smart Furniture Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Smart Furniture Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Smart Furniture Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Smart Furniture Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Smart Furniture Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Distribution Channels and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Distribution Channels 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile – Ikea Systems 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 45.4. Milano Smart Living 45.5. Modoola Ltd. 45.6. Carlo Ratti 45.7. Herman Miller Inc. 45.8. Seebo Interactive Ltd. 45.9. Kamarq Holdings 45.10. Ori Systems 45.11. Steelcase Inc. 45.12. Hi – Interiors Srl 45.13. Nitz Engineering GmbH 45.14. Dot & Bo. 45.15. Resource Furniture LLC 45.16. Rockin Chef 45.17. Walmart 45.18. Other Key Players