Sleep Monitoring Apps Market Share

North American Market Forecast

The sleep monitoring apps market in the region is slated to hold a share of about 36% by the end of 2037. The market growth in the region is led by growing work-related stress. There is evidence linking work-related stress to an increased likelihood of sleeplessness since stress can cause the body to react profoundly, which makes it difficult to have a good night's sleep. As a result, people in the region are using sleep-monitoring applications to better understand and control their sleep patterns.

For instance, more than 80% of US workers report experiencing stress at work, with around 24% citing their jobs as the biggest source of stress in their lives. Furthermore, there has been a spike in wellness and health trends in North America, with many people actively looking for ways to improve their health, including keeping an eye on their sleep. 

European Market Statistics

The Europe region will also encounter enormous growth for the sleep monitoring apps market during the forecast period and will hold the second position owing to the residents of the region having a low latency in terms of sleep duration.  A lot of people experience irregular sleep cycles, which has increased the demand for these sleep-tracking apps locally, which enables people to easily track their sleep patterns without having to go to sleep clinics or buy expensive equipment.