U.S. Smart Furniture Market by Product Type (Smart Tables & Desks, Smart Stools & Benches, Smart Chairs, and Smart Beds), by End Use (Residential and Commercial), and by Distribution Channel (Online and Offline) – Opportunity Analysis and Industry Forecast, 2024–2030

U.S. Smart Furniture Market

Industry:  ICT & Media | Publish Date: Feb 2024 | No of Pages:  101 | No. Tables:  71 | No. Figures:  36

Market Overview

The U.S. Smart Furniture Market size was valued at USD 1182.2 million in 2023, and is expected to reach USD 1463.9 million by 2030, with a CAGR of 3.1% from 2024 to 2030. Smart furniture refers to modern furnishings and fixtures designed with embedded technology, sensors, and connectivity features that enhance their functionality, convenience, and usability. These pieces of furniture are equipped with the ability to interact with users and adapt to various needs, often through remote control, via smartphone apps, or voice-activated virtual assistants. Smart furniture improves comfort, efficiency, and user experience in living, working, or recreational spaces by integrating elements such as adjustable settings, built-in charging capabilities, environmental sensors, and connectivity with other smart devices.

The Growing Penetration of IoT Devices in Residential Spaces Drives the Market Growth

The ever-increasing penetration of the Internet of Things (IoT) devices into residential spaces is playing a pivotal role in propelling the growth of the smart furniture industry. In an era where connectivity and convenience are paramount, consumers embrace IoT technology to enhance their daily lives. Smart furniture, equipped with sensors and connectivity features, seamlessly integrates with these IoT devices to provide a more personalized and efficient living experience. As more homeowners recognize the benefits of this fusion of technology and design, the smart furniture industry continues to evolve and expand, ushering in a new era of intelligent and responsive living spaces.

Rising Demand for Space Saving and Multi-Functional Furniture Propels the Market Growth

The growing need for furniture that saves space and serves multiple functions is a key factor driving the popularity of smart furniture. In today's busy urban areas, where living spaces are often limited in size, people are looking for smart solutions that make the most of their available space. This trend reflects the changing lifestyle of city dwellers who prefer compact and versatile furniture. Smart furniture is designed to meet this demand, offering features such as hidden storage, foldable designs, and the ability to adapt to different uses. This furniture is essential for making the most out of small living spaces.

The Impact of Compatibility Issues on Smart Furniture Adoption Restrains the Market Growth

Integration challenges with existing smart home ecosystems may hinder the adoption of smart furniture. The inability to seamlessly connect with other smart devices and systems can limit the overall functionality and appeal of smart furniture for consumers.

Advancement in Home Automation Technology to Create Future Market Prospects

The rapid advancements in home automation technology are expected to create ample opportunities for the smart furniture industry in the future. This technological progress allows for the integration of smart furniture into the broader smart home ecosystem, making it user-friendly and versatile for consumers of various technical backgrounds. The seamless integration of smart furniture with existing home automation systems, such as voice assistants and smart thermostats, ensures the streamlining of the user experience and enhances the appeal of smart homes.

Additionally, ongoing collaboration between smart furniture and home automation systems contributes to energy efficiency, aligning with the increasingly important trend of eco-friendly living. With more user-friendly, stylish, and environmentally conscious options available than before, the smart furniture industry is well-positioned to thrive as it caters to the evolving needs of homeowners.

Competitive Landscape

Several market players operating in the U.S. smart furniture market include Inter IKEA Systems BV, Herman Miller, Inc., Steelcase, Inc., Sobro, StoreBound LLC, Seebo Interactive Ltd., Milano Smart Living, Modoola Limited, Hi-Interiors SRL, and Sleep Number Corporation.

U.S. Smart Furniture Key Market Segments

By Product Type    

  • Smart Tables & Desks

  • Smart Stools & Benches

  • Smart Chairs

  • Smart Beds 

By End Use    

  • Residential

  • Commercial 

By Distribution Channel

  • Online

  • Offline

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 1182.2 Million

Revenue Forecast in 2030

USD 1463.9 Million

Growth Rate

CAGR of 3.1% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

The Growing Penetration of IoT Devices in Residential Spaces Drives the Market Growth

Rising Demand for Space Saving and Multi-Functional Furniture Propels the Market Growth

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Test

1      INTRODUCTION

           1.1      REPORT DESCRIPTION

           1.2      RESEARCH METHODOLOGY

                         1.2.1      SECONDARY RESEARCH

                         1.2.2      DATA ANALYSIS FRAMEWORK

                         1.2.3      MARKET SIZE ESTIMATION

                         1.2.4      FORECASTING

                         1.2.5      PRIMARY RESEARCH AND DATA VALIDATION

2      U.S. SMART FURNITURE MARKET – EXECUTIVE SUMMARY

           2.1.      MARKET SNAPSHOT, 2023 - 2030, MILLION USD

3      PORTER’S FIVE FORCE MODEL ANALYSIS

           3.1      BARGAINING POWER OF SUPPLIERS

           3.2      BARGAINING POWER OF BUYERS

           3.3      DEGREE OF COMPETITION

           3.4      THREAT OF SUBSTITUTE

           3.5      THREAT OF NEW ENTRANTS

4      MARKET SHARE ANALYSIS

           4.1      MARKET SHARE ANALYSIS OF TOP PROVIDERS, 2023

5      MARKET DYNAMICS

           5.1      GROWTH DRIVERS

                         5.1.1      DRIVER 1

                         5.1.2      DRIVER 2

                         5.1.3      DRIVER 3

                         5.1.4      DRIVER 4

           5.2      CHALLENGES

                         5.2.1      CHALLENGE 1

                         5.2.2      CHALLENGE 2

                         5.2.3      CHALLENGE 3

                         5.2.4      CHALLENGE 4

           5.3      OPPORTUNITIES

                         5.3.1      OPPORTUNITY 1

                         5.3.2      OPPORTUNITY 2

6       U.S. SMART FURNITURE MARKET BY PRODUCT TYPE

           6.1      OVERVIEW

           6.2      SMART TABLES AND DESKS MARKET

           6.3      SMART STOOLS AND BENCHES MARKET

           6.4      SMART CHAIRS MARKET

           6.5      SMART BEDS MARKET

7       U.S. SMART FURNITURE MARKET BY END USE

           7.1      OVERVIEW

           7.2      RESIDENTIAL MARKET

           7.3      COMMERCIAL MARKET

8       U.S. SMART FURNITURE MARKET BY DISTRIBUTION CHANNEL

           8.1      OVERVIEW

           8.2      ONLINE MARKET

           8.3      OFFLINE MARKET

9     COMPANY PROFILES

           9.1     INTER IKEA SYSTEMS BV

                         9.1.1     COMPANY OVERVIEW

                         9.1.2     COMPANY SNAPSHOT

                         9.1.3     OPERATING BUSINESS SEGMENTS

                         9.1.4     PRODUCT PORTFOLIO

                         9.1.5     BUSINESS PERFORMANCE

                         9.1.6     BUSINESS SEGMENTS

                         9.1.7     GEOGRAPHIC SEGMENTS

                         9.1.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.1.9     PRIMARY MARKET COMPETITORS

           9.2     HERMAN MILLER, INC.

                         9.2.1     COMPANY OVERVIEW

                         9.2.2     COMPANY SNAPSHOT

                         9.2.3     OPERATING BUSINESS SEGMENTS

                         9.2.4     PRODUCT PORTFOLIO

                         9.2.5     BUSINESS PERFORMANCE

                         9.2.6     BUSINESS SEGMENTS

                         9.2.7     GEOGRAPHIC SEGMENTS

                         9.2.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.2.9     PRIMARY MARKET COMPETITORS

           9.3     STEELCASE, INC.

                         9.3.1     COMPANY OVERVIEW

                         9.3.2     COMPANY SNAPSHOT

                         9.3.3     OPERATING BUSINESS SEGMENTS

                         9.3.4     PRODUCT PORTFOLIO

                         9.3.5     BUSINESS PERFORMANCE

                         9.3.6     BUSINESS SEGMENTS

                         9.3.7     GEOGRAPHIC SEGMENTS

                         9.3.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.3.9     PRIMARY MARKET COMPETITORS

           9.4     SOBRO

                         9.4.1     COMPANY OVERVIEW

                         9.4.2     COMPANY SNAPSHOT

                         9.4.3     OPERATING BUSINESS SEGMENTS

                         9.4.4     PRODUCT PORTFOLIO

                         9.4.5     BUSINESS PERFORMANCE

                         9.4.6     BUSINESS SEGMENTS

                         9.4.7     GEOGRAPHIC SEGMENTS

                         9.4.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.4.9     PRIMARY MARKET COMPETITORS

           9.5     STOREBOUND LLC

                         9.5.1     COMPANY OVERVIEW

                         9.5.2     COMPANY SNAPSHOT

                         9.5.3     OPERATING BUSINESS SEGMENTS

                         9.5.4     PRODUCT PORTFOLIO

                         9.5.5     BUSINESS PERFORMANCE

                         9.5.6     BUSINESS SEGMENTS

                         9.5.7     GEOGRAPHIC SEGMENTS

                         9.5.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.5.9     PRIMARY MARKET COMPETITORS

           9.6     SEEBO INTERACTIVE LTD.

                         9.6.1     COMPANY OVERVIEW

                         9.6.2     COMPANY SNAPSHOT

                         9.6.3     OPERATING BUSINESS SEGMENTS

                         9.6.4     PRODUCT PORTFOLIO

                         9.6.5     BUSINESS PERFORMANCE

                         9.6.6     BUSINESS SEGMENTS

                         9.6.7     GEOGRAPHIC SEGMENTS

                         9.6.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.6.9     PRIMARY MARKET COMPETITORS

           9.7     MILANO SMART LIVING

                         9.7.1     COMPANY OVERVIEW

                         9.7.2     COMPANY SNAPSHOT

                         9.7.3     OPERATING BUSINESS SEGMENTS

                         9.7.4     PRODUCT PORTFOLIO

                         9.7.5     BUSINESS PERFORMANCE

                         9.7.6     BUSINESS SEGMENTS

                         9.7.7     GEOGRAPHIC SEGMENTS

                         9.7.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.7.9     PRIMARY MARKET COMPETITORS

           9.8     MODOOLA LIMITED

                         9.8.1     COMPANY OVERVIEW

                         9.8.2     COMPANY SNAPSHOT

                         9.8.3     OPERATING BUSINESS SEGMENTS

                         9.8.4     PRODUCT PORTFOLIO

                         9.8.5     BUSINESS PERFORMANCE

                         9.8.6     BUSINESS SEGMENTS

                         9.8.7     GEOGRAPHIC SEGMENTS

                         9.8.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.8.9     PRIMARY MARKET COMPETITORS

           9.9     HI-INTERIORS SRL

                         9.9.1     COMPANY OVERVIEW

                         9.9.2     COMPANY SNAPSHOT

                         9.9.3     OPERATING BUSINESS SEGMENTS

                         9.9.4     PRODUCT PORTFOLIO

                         9.9.5     BUSINESS PERFORMANCE

                         9.9.6     BUSINESS SEGMENTS

                         9.9.7     GEOGRAPHIC SEGMENTS

                         9.9.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.9.9     PRIMARY MARKET COMPETITORS

           9.10     SLEEP NUMBER CORPORATION

                         9.10.1     COMPANY OVERVIEW

                         9.10.2     COMPANY SNAPSHOT

                         9.10.3     OPERATING BUSINESS SEGMENTS

                         9.10.4     PRODUCT PORTFOLIO

                         9.10.5     BUSINESS PERFORMANCE

                         9.10.6     BUSINESS SEGMENTS

                         9.10.7     GEOGRAPHIC SEGMENTS

                         9.10.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.10.9     PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. U.S. SMART FURNITURE MARKET VALUE, BY PRODUCT TYPE, 2023-2030, (MILLION USD)

TABLE 2. SMART TABLES AND DESKS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 3. SMART STOOLS AND BENCHES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 4. SMART CHAIRS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 5. SMART BEDS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 6. U.S. SMART FURNITURE MARKET VALUE, BY END USE, 2023-2030, (MILLION USD)

TABLE 7. RESIDENTIAL, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 8. COMMERCIAL, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 9. U.S. SMART FURNITURE MARKET VALUE, BY DISTRIBUTION CHANNEL, 2023-2030, (MILLION USD)

TABLE 10. ONLINE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 11. OFFLINE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 12. INTER IKEA SYSTEMS BV: COMPANY SNAPSHOT

TABLE 13. INTER IKEA SYSTEMS BV: OPERATING BUSINESS SEGMENTS

TABLE 14. INTER IKEA SYSTEMS BV: PRODUCT PORTFOLIO

TABLE 15. INTER IKEA SYSTEMS BV: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 16. INTER IKEA SYSTEMS BV: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 17. INTER IKEA SYSTEMS BV: KEY STRATERGY

TABLE 18. HERMAN MILLER, INC.: COMPANY SNAPSHOT

TABLE 19. HERMAN MILLER, INC.: OPERATING BUSINESS SEGMENTS

TABLE 20. HERMAN MILLER, INC.: PRODUCT PORTFOLIO

TABLE 21. HERMAN MILLER, INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 22. HERMAN MILLER, INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 23. HERMAN MILLER, INC.: KEY STRATERGY

TABLE 24. STEELCASE, INC.: COMPANY SNAPSHOT

TABLE 25. STEELCASE, INC.: OPERATING BUSINESS SEGMENTS

TABLE 26. STEELCASE, INC.: PRODUCT PORTFOLIO

TABLE 27. STEELCASE, INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 28. STEELCASE, INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 29. STEELCASE, INC.: KEY STRATERGY

TABLE 30. SOBRO: COMPANY SNAPSHOT

TABLE 31. SOBRO: OPERATING BUSINESS SEGMENTS

TABLE 32. SOBRO: PRODUCT PORTFOLIO

TABLE 33. SOBRO: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 34. SOBRO: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 35. SOBRO: KEY STRATERGY

TABLE 36. STOREBOUND LLC: COMPANY SNAPSHOT

TABLE 37. STOREBOUND LLC: OPERATING BUSINESS SEGMENTS

TABLE 38. STOREBOUND LLC: PRODUCT PORTFOLIO

TABLE 39. STOREBOUND LLC: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 40. STOREBOUND LLC: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 41. STOREBOUND LLC: KEY STRATERGY

TABLE 42. SEEBO INTERACTIVE LTD.: COMPANY SNAPSHOT

TABLE 43. SEEBO INTERACTIVE LTD.: OPERATING BUSINESS SEGMENTS

TABLE 44. SEEBO INTERACTIVE LTD.: PRODUCT PORTFOLIO

TABLE 45. SEEBO INTERACTIVE LTD.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 46. SEEBO INTERACTIVE LTD.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 47. SEEBO INTERACTIVE LTD.: KEY STRATERGY

TABLE 48. MILANO SMART LIVING: COMPANY SNAPSHOT

TABLE 49. MILANO SMART LIVING: OPERATING BUSINESS SEGMENTS

TABLE 50. MILANO SMART LIVING: PRODUCT PORTFOLIO

TABLE 51. MILANO SMART LIVING: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 52. MILANO SMART LIVING: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 53. MILANO SMART LIVING: KEY STRATERGY

TABLE 54. MODOOLA LIMITED: COMPANY SNAPSHOT

TABLE 55. MODOOLA LIMITED: OPERATING BUSINESS SEGMENTS

TABLE 56. MODOOLA LIMITED: PRODUCT PORTFOLIO

TABLE 57. MODOOLA LIMITED: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 58. MODOOLA LIMITED: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 59. MODOOLA LIMITED: KEY STRATERGY

TABLE 60. HI-INTERIORS SRL: COMPANY SNAPSHOT

TABLE 61. HI-INTERIORS SRL: OPERATING BUSINESS SEGMENTS

TABLE 62. HI-INTERIORS SRL: PRODUCT PORTFOLIO

TABLE 63. HI-INTERIORS SRL: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 64. HI-INTERIORS SRL: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 65. HI-INTERIORS SRL: KEY STRATERGY

TABLE 66. SLEEP NUMBER CORPORATION: COMPANY SNAPSHOT

TABLE 67. SLEEP NUMBER CORPORATION: OPERATING BUSINESS SEGMENTS

TABLE 68. SLEEP NUMBER CORPORATION: PRODUCT PORTFOLIO

TABLE 69. SLEEP NUMBER CORPORATION: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 70. SLEEP NUMBER CORPORATION: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 71. SLEEP NUMBER CORPORATION: KEY STRATERGY

LIST OF FIGURES

FIGURE 1. BARGAINING POWER OF SUPPLIERS

FIGURE 2. BARGAINING POWER OF BUYERS

FIGURE 3. DEGREE OF COMPETITION

FIGURE 4. THREAT OF SUBSTITUTE

FIGURE 5. THREAT OF NEW ENTRANTS

FIGURE 6. U.S. SMART FURNITURE MARKET VALUE, BY PRODUCT TYPE, 2023-2030, (MILLION USD)

FIGURE 7. SMART TABLES AND DESKS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 8. SMART STOOLS AND BENCHES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 9. SMART CHAIRS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 10. SMART BEDS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 11. U.S. SMART FURNITURE MARKET VALUE, BY END USE, 2023-2030, (MILLION USD)

FIGURE 12. RESIDENTIAL, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 13. COMMERCIAL, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 14. U.S. SMART FURNITURE MARKET VALUE, BY DISTRIBUTION CHANNEL, 2023-2030, (MILLION USD)

FIGURE 15. ONLINE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 16. OFFLINE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 17. INTER IKEA SYSTEMS BV: NET SALES, (2021-2023)

FIGURE 18. INTER IKEA SYSTEMS BV: PRIMARY MARKET COMPETITORS

FIGURE 19. HERMAN MILLER, INC.: NET SALES, (2021-2023)

FIGURE 20. HERMAN MILLER, INC.: PRIMARY MARKET COMPETITORS

FIGURE 21. STEELCASE, INC.: NET SALES, (2021-2023)

FIGURE 22. STEELCASE, INC.: PRIMARY MARKET COMPETITORS

FIGURE 23. SOBRO: NET SALES, (2021-2023)

FIGURE 24. SOBRO: PRIMARY MARKET COMPETITORS

FIGURE 25. STOREBOUND LLC: NET SALES, (2021-2023)

FIGURE 26. STOREBOUND LLC: PRIMARY MARKET COMPETITORS

FIGURE 27. SEEBO INTERACTIVE LTD.: NET SALES, (2021-2023)

FIGURE 28. SEEBO INTERACTIVE LTD.: PRIMARY MARKET COMPETITORS

FIGURE 29. MILANO SMART LIVING: NET SALES, (2021-2023)

FIGURE 30. MILANO SMART LIVING: PRIMARY MARKET COMPETITORS

FIGURE 31. MODOOLA LIMITED: NET SALES, (2021-2023)

FIGURE 32. MODOOLA LIMITED: PRIMARY MARKET COMPETITORS

FIGURE 33. HI-INTERIORS SRL: NET SALES, (2021-2023)

FIGURE 34. HI-INTERIORS SRL: PRIMARY MARKET COMPETITORS

FIGURE 35. SLEEP NUMBER CORPORATION: NET SALES, (2021-2023)

FIGURE 36. SLEEP NUMBER CORPORATION: PRIMARY MARKET COMPETITORS

KEY PLAYERS

  • Inter IKEA Systems BV

  • Herman Miller, Inc.

  • Steelcase, Inc.

  • Sobro

  • StoreBound LLC

  • Seebo Interactive Ltd.

  • Milano Smart Living

  • Modoola Limited

  • Hi-Interiors SRL

  • Sleep Number Corporation


Frequently Asked Questions
What are some key players operating in the U.S. smart furniture market?

The key market players operating in the U.S. smart furniture market are Inter IKEA Systems BV, Herman Miller, Inc., Steelcase, Inc., Sobro, StoreBound LLC, Seebo Interactive Ltd., Milano Smart Living, Modoola Limited, Hi-Interiors SRL, and Sleep Number Corporation.

What will be the size of the U.S. smart furniture market in 2030?

According to the Next Move Strategy Consulting, the size of the U.S. smart furniture market is estimated to be at USD 1463.9 million in 2030.

How is U.S. smart furniture evolving for the future

U.S. smart furniture is advancing into the future with seamless integration into the Internet of Things (IoT), providing heightened personalization, sustainability, and improved functionality for a connected and eco-friendly lifestyle.

What challenges are related to the U.S. smart furniture industry?

One of the key challenges in the U.S. smart furniture industry is high costs and affordability issues.

What is the size of the U.S. smart furniture market in 2023?

According to Next Move Strategy Consulting, the size of the U.S. smart furniture market is estimated at USD 1182.2 million in 2023.