Global Sleep Tracker Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Wearable and Non-Wearable.

By Distribution Channel;

E-Commerce, Retail Stores, Hypermarkets & Supermarkets, and Others.

By Application;

Insomnia, Sleep Apnoea, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn285610522 Published Date: May, 2025 Updated Date: June, 2025

Sleep Tracker Market Overview

Sleep Tracker Market (USD Million)

Sleep Tracker Market was valued at USD 3,289.21 million in the year 2024. The size of this market is expected to increase to USD 5,840.79 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.5%.


Global Sleep Tracker Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 8.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.5 %
Market Size (2024)USD 3,289.21 Million
Market Size (2031)USD 5,840.79 Million
Market ConcentrationMedium
Report Pages384
3,289.21
2024
5,840.79
2031

Major Players

  • Fitbit
  • Garmin
  • ResMed
  • Philips
  • Withings
  • Sleep Number Corporation
  • Xiaomi
  • Samsung Electronics
  • Apple Inc
  • Misfit

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Sleep Tracker Market

Fragmented - Highly competitive market without dominant players


The Sleep Tracker Market is gaining momentum as more consumers prioritize health and wellness. There is a notable rise in individuals leveraging sleep tracking tools to improve sleep hygiene, with 58% acknowledging better sleep patterns after usage. This increasing awareness is fueling demand for smart monitoring technologies that support healthier lifestyles.

Innovation Propelling Smart Sleep Devices
Technological evolution is a critical growth enabler in this market. Features like AI-powered tracking, real-time biometrics, and enhanced sensors are attracting tech-savvy users. Smart trackers equipped with biometric sensors now make up 41% of all purchases, marking a shift toward precision sleep analytics and intelligent monitoring systems.

Expanding Wellness Integration and Smart Connectivity
The integration of sleep trackers into broader health and wellness ecosystems is streamlining user experience. Around 65% of users now connect sleep data with fitness and wellness apps, indicating strong demand for interoperable solutions. These integrations support users in managing overall health with a unified digital approach.

Personalized Insights Transforming User Engagement
Demand for customized sleep insights is driving feature development across platforms. Nearly 47% of users seek devices that offer real-time, personalized guidance, highlighting the shift toward adaptive sleep support. Tailored analytics and user-centric dashboards are reinforcing long-term product engagement.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Sleep Tracker Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising awareness of sleep health
        2. Technological advancements in wearables
        3. Increasing prevalence of sleep disorders
        4. Demand for personalized sleep solutions
      2. Restraints
        1. Data privacy and security concerns
        2. Limited accuracy of sleep trackers
        3. High cost of advanced devices
        4. Compatibility issues with existing systems
      3. Opportunities
        1. Expansion into emerging markets
        2. Integration with healthcare ecosystems
        3. Development of AI-driven analytics
        4. Customization for specific user needs
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Sleep Tracker Market, By Product, 2021 - 2031 (USD Million)
      1. Wearable
      2. Non-Wearable
    2. Sleep Tracker Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. E-Commerce
      2. Retail Stores
      3. Hypermarkets & Supermarkets
      4. Others
    3. Sleep Tracker Market, By Application, 2021 - 2031 (USD Million
      1. Insomnia
      2. Sleep Apnoea
      3. Others
    4. Sleep Tracker Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Fitbit
      2. Garmin
      3. ResMed
      4. Philips
      5. Withings
      6. Sleep Number Corporation
      7. Xiaomi
      8. Samsung Electronics
      9. Apple Inc
      10. Misfit
  7. Analyst Views
  8. Future Outlook of the Market