With the emergence and long-term Impact of COVID-19, the Global Smart Furniture Market to reach USD 325.48 Million by 2027
Bizwit Research & Consulting LLP’s Recent Analysis on Global Smart Furniture Market is poised to raise up to USD 325.48 Million by 2027. Some key components for the market development will be; to growing consumer shift towards connected devices, the smart furniture market expected to witness robust growth over the forecast period, Increasing adoption of smart furniture across workplace (corporate offices) is another prominent factor aiding the market growth and increasing emphasis on incorporating ergonomic furniture by corporate entities, smart furniture is set to witness substantial growth over the forecast period.
The regional analysis of global Smart furniture market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the growing geriatric population and promptness & affordability of urgent care services coupled with the well-established healthcare infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as rising disposable income, rising incidences of injuries and improving healthcare infrastructure would create lucrative growth prospects for the Smart furniture market across Asia-Pacific region.
The Global Smart Furniture Market is highly competitive owing to the presence of several key manufacturers such as Inter inkeya systems B.V., Sobro, Sleep number corporation, Hi- interious srl, Modoola limited, Fonesalesman LLC, Desktronic, Nitz engineering, retro sys inc., company.
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Key findings of the study suggest:
- Global Smart Furniture Market is anticipated to grow with a healthy growth rate of more than 12.4% over the forecast period 2023-2030.
- In the Product segment, Smart Desk emerged as the leading market segment in 2022.
- Europe is the leading/significant region across the world in terms of market share owing to the growing geriatric population and promptness & affordability of urgent care services coupled with the well-established healthcare infrastructure.
- Asia-Pacific is expected to grow at a higher rate during 2020-2027.
Bizwit Research & Consulting has considered the following segments for the study:
By Product:
- Smart desks
- Smart tables
- Smart chairs
- Others
By application:
- Residential
- Commercial
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROEU
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- ROAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
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