Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Smart Mat Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.5% during the review period (2022 to 2027).
Smart Mat Market Overview
The fundamental change in human lifestyle has generated a great deal of interest in smart mat technology. The global market for smart mats is expanding significantly as a result of innovations in sensor networks and fitness technologies. The market for smart mats is expanding as a result of rising awareness of healthy lifestyles. Smart Mats are used in emergency management systems to increase the IQ of emergency systems by delivering real-time information about people in the building or house, in addition to physical activities like yoga and exercises.
The Smart Mat is a responsive yoga mat that communicates with a smart phone or other device using in-mat sensors and provides real-time input to help practitioners attain the proper alignment, stance, and balance during practice. Similar to current yoga mats in both construction and thickness is the Smart Mat. The Smart Mat is portable and helps to accurately detect, count, and monitor people without the need for video cameras. All of these Smart Mat features encourage consumer use of the product, which in turn fosters the market's expansion. Additionally, this technology has the power to drastically alter a person's yoga experience.
Who are the Major Players in Smart Mat Market?
The global Smart Mat includes SmartMat, Artis LLC, Sensing Tex SL, YogiFi, Barefoot Yoga Co, Solelp, Jade Yoga, Manduka, Klymit, Multimat, Aurorae Yoga, Toasti
Recent Developments:
YogiFi launches its second-gen AI yoga mat YogiFi Gen 2 and YogiFi Gen 2 Pro
Jun 20, 2022- Smart yoga mat maker YogiFi has launched the second generation of its AI mat - the YogiFi Gen 2 and the YogiFi Gen 2 Pro which come suited with a variety of asanas and bodyweight workouts. The new mats build on the capabilities of the first-gen mat to bring in a more integrated experience.
The second-generation YogiFi mats feature support for enhanced posture tracking, step-by-step instructions, real-time corrections along with feedback. There is an added human touch for people who want interactive one-on-one sessions and certified coaches are available for this purpose. The mats are equipped with multi-workout tracking, rep counting, activity history, hands-free practive with the Apple Watch, and intelligent reports as well.
What are the major Applications, Types and Regions for Smart Mat Market?
Smart Mat Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
- Interactive Yoga Mat
- Adjustable Temperature Yoga Mat
- Others
By Application it is segmented into
Smart Mat Market Regional Analysis
On Geographic basis, North America is anticipated to capture largest market share regarding revenue, owing to increase in adoption of mats in gyms and health clubs. APAC is anticipated to be the second largest market in terms of revenue in the Smart Mat Market over the next coming years due to high digitalization and the rising interest in improving health conditions. The Smart Mat market in Europe and Latin America are expected to witness high growth rates in the coming period due to the rise in technologies in the region.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Smart Mat Market report scope?
Reports Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 7.5% during the review period (2022 to 2027).
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By Type
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- Interactive Yoga Mat
- Adjustable Temperature Yoga Mat
- Others
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By Application
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By Companies
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SmartMat, Artis LLC, Sensing Tex SL, YogiFi, Barefoot Yoga Co, Solelp, Jade Yoga, Manduka, Klymit, Multimat, Aurorae Yoga, Toasti
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Regions Covered
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•North America
•Europe
•Asia-Pacific
•Rest of the World
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Countries Covered
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•US
•Canada
•Germany
•France
•UK
•Italy
•Spain
•Rest of Europe
•China
•Japan
•India
•Australia
•South Korea
•Rest of Asia-Pacific
•Middle East & Africa
•Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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106
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Smart Mat Report
- Evaluate Smart Mat market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Smart Mat market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Smart Mat market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Smart Mat Market is studied from 2017 - 2027.
What is the growth rate of Smart Mat Market?
The Smart Mat Market is growing at a CAGR of 7.5% over the next 5 years.
Who are the leading key players in Smart Mat Market?
SmartMat, Artis LLC, Sensing Tex SL, YogiFi, Barefoot Yoga Co, Solelp, Jade Yoga, Manduka, Klymit, Multimat, Aurorae Yoga, Toasti
What regions does this Smart Mat Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Smart Mat Market?
Interactive Yoga Mat, Adjustable Temperature Yoga Mat, Others
What are the significant Applications of Smart Mat Market?
Gym, Household, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
