Global Sleep Tracker Apps Market Overview:
Sleep tracker apps can help individuals to discover which internal and external factors are affecting their sleep while anyone is soaring through dreamland. This app shows sleep trends in colorful graphs on a phone or wearable device, this is used to track breathing, hone sleep patterns, and learn how to get good sleep. These applications are propelling the growth of the global sleep tracker app market in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Internet Penetration Rate in Emerging Countries
Market Growth Drivers:
Increasing Awareness about Health Consciousness among the People and Growing Use of the Mobile Apps
Challenges:
Rising Threat of Cyber Security
Restraints:
Lask of Skiilrd Working Professionals
Opportunities:
Technological Advancement and Development in the App Development
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Sleep Time (United States), Sleep Cycle (United States), Awoken - Lucid Dreaming Tool (United States), Relax Melodies - Sleep Sounds (United States), Sleep Cycle Power Nap (United States), Pzizz - Sleep, Nap, Focus (United States), TMSOFT, LLC. (United States), Relax & Sleep Well (United Kingdom), SleepBot LLC (United States) and SnoreLab (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Sleep Tracker Apps market by 2028. Considering Market by Pricing Type, the sub-segment i.e. Monthly Subscription will boost the Sleep Tracker Apps market.
Latest Market Insights:
In September 2022, Sleep Cycle, the market-leading sleep tracker, announced a partnership with Gympass, the world's largest corporate wellness platform, used by millions of employees worldwide. This new partnership gives Gympass users access to sleep health features powered by Sleep Cycle.
In August 2021, Sleep Cycle, the world's most popular sleep-tracking application, launched the Sleep Cycle app for Wear OS powered by Samsung. Using the new Wear OS Health Services API, the Sleep Cycle app can automatically detect sleep and initiate alarms and tracking on the Galaxy Watch4 and Galaxy Watch4 Classic. Innovations will improve the efficiency and accuracy of user sleep data.
What Can be Explored with the Sleep Tracker Apps Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Sleep Tracker Apps Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Sleep Tracker Apps
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sleep Tracker Apps market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sleep Tracker Apps market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sleep Tracker Apps Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.