Sleep Monitoring Apps Market Size

Sleep Monitoring Apps Market size is projected to reach USD 27 Billion by the end of 2036, growing at a CAGR of 17% during the forecast timeframe, i.e., 2024-2036. In the year 2023, the industry size of sleep monitoring apps was USD 3 Billion. The market is boosting as a result of the rising prevalence of insomnia across the globe. The need for tools to track and enhance sleep quality is rising as more people become aware of how important sleep is to general well-being.

Users of sleep-tracking apps can detect and treat sleep-related conditions including insomnia, sleep apnea, or poor sleep hygiene by using the applications' actionable insights into their sleep patterns. According to a report, approximately 10% of adults globally fit the criteria for insomnia disorder, while one in three adults experience symptoms of insomnia.

In addition, factors that are believed to fuel the growth of sleep monitoring apps market include advancements in sleep-monitoring technology. Recent advancements in long-term sleep technology include the creation of tools intended to deal with certain sleep problems including intelligent pillows and adjustable mattresses that employ real-time data to deliver personalized support and comfort, improve the quality of sleep, and provide a more thorough and individualized method for figuring out sleep habits.