The Global Sleep App Market caters to the growing need for sleep monitoring and improving overall sleep quality. Sleep apps help track sleep patterns, set sleep schedules, provide calming sounds and guidance for better sleep. Advanced apps analyze biometric data from wearables to provide customized sleep solutions. The growing prevalence of sleep disorders and stress-related conditions have increased demand for sleep apps. The apps are inexpensive and easily accessible alternatives to medical treatments for minor sleep issues. Furthermore, growing health awareness and the need to maximize productivity are encouraging fitness-conscious individuals to regularly monitor sleep.
Global sleep app market was valued at US$ 1,070.9 Mn in 2023 and is expected to reach US$ 2,755.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.
Key Takeaways
Key players operating in the Global Sleep App Market include Sleep Cycle, Sleep As Android, Pillow, Sleep Better, Sleep Genius, Timeshifter, Calm, Sleep Stories, Relax Melodies, Noisli and Other Prominent Players. These players are focusing on developing advanced tracking and analytical capabilities in their apps to gain more customers.
The growing prevalence of lifestyle Sleep App Market Demand, mental health issues, and jobs requiring longer working hours have increased the global demand for sleep apps. Statistics show millions of people suffer from disorders like insomnia every year leading to the rise of the sleep apps industry.
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