Product Code: GVR-4-68039-660-4
Smart Furniture Market Growth & Trends:
The global smart furniture market size is anticipated to reach USD 486.15 billion by 2030 and is anticipated to expand at a CAGR of 14.5% during the forecast period, according to a new report by Grand View Research, Inc. Rapid urbanization and shrinking living spaces have increased demand for multifunctional and space-saving solutions that smart furniture effectively addresses. Integrating IoT, AI, and connected technologies enables furniture to offer enhanced convenience, such as wireless charging, voice control, and automation, aligning with the growing trend of smart homes and offices. Consumers increasingly prioritize comfort and ergonomics, with smart furniture providing customizable features like adjustable seating and temperature control to improve well-being.
The smart desks segment dominated the market in 2024, reflecting strong demand driven by several key factors. Businesses and educational institutions increasingly adopt smart desks to enhance productivity, ergonomics, and workspace efficiency. Integrating IoT-enabled features, such as height adjustment, health monitoring, and connectivity with other devices, adds significant value. Additionally, the rise of hybrid work models has accelerated investments in advanced office furniture to support flexible work environments, growing awareness of employee well-being, and the need for sustainable, tech-driven solutions further fuel market expansion. Cost savings from energy-efficient designs and long-term durability also make smart desks a preferred choice.
The dominance of North America in the global smart furniture market in 2024, is closely linked to the region's substantial imports of wooden office furniture valued at approximately USD 838 million, with over 30 million items imported. Major suppliers such as Canada, China, Vietnam, Mexico, and Malaysia contribute significantly to fulfilling the demand for office furniture in the U.S., indicating a robust supply chain and strong market appetite. This large volume of imports reflects ongoing investments in office infrastructure and home workspaces, which increasingly incorporate smart furniture solutions like smart desks, chairs, and tables. Integrating technology, such as IoT connectivity, ergonomic adjustments, and wireless charging, into traditional wooden furniture meets evolving consumer needs for comfort, productivity, and convenience.
Smart Furniture Market Report Highlights:
- In the global smart furniture market in 2024, the residential segment dominated in revenue, capturing the largest application share of over 53%.
- The residential application segment was also the fastest growing within the smart furniture market, exhibiting a CAGR of over 15% over the forecasted period in 2024.
- In 2024, North America held the largest share of the global smart furniture market, accounting for over 31% of the market.
- Asia Pacific region is projected to be the fastest-growing region in the smart furniture market, with a significant CAGR over the forecast period.
- Key players operating in the smart furniture market include Inter Ikea Systems B.V., Sobro, Sleep Number Corporation, Hi-Interiors srl, Krini Furniture Pvt Ltd , Herman Miller, Inc., Desktronik, Nitz Engineering GmbH, Steelcase Inc.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Smart Furniture Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Influencing Buying Decisions
- 4.4. Consumer Product Adoption Trends
- 4.5. Observations & Recommendations
Chapter 5. Smart Furniture Market: Product Estimates & Trend Analysis
- 5.1. Smart Furniture Market Product: Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2024 & 2030
- 5.3. Smart Furniture Market Estimates & Forecast, By Product, 2018 to 2030 (USD Billion)
- 5.3.1. Smart Table
- 5.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Billion)
- 5.3.2. Smart Desks
- 5.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Billion)
- 5.3.3. Smart Chairs
- 5.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Billion)
- 5.3.4. Others (sofa, benches)
- 5.3.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Billion)
Chapter 6. Smart Furniture Market: Application Estimates & Trend Analysis
- 6.1. Smart Furniture Market Application: Key Takeaways
- 6.2. Application Movement Analysis & Market Share, 2024 & 2030
- 6.3. Smart Furniture Market Estimates & Forecast, By Application, 2018 to 2030 (USD Billion)
- 6.3.1. Commercial
- 6.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Billion)
- 6.3.2. Residential
- 6.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Billion)
Chapter 7. Smart Furniture Market: Regional Estimates & Trend Analysis
- 7.1. Smart Furniture Market: Regional Outlook
- 7.2. Regional Marketplaces: Key Takeaways
- 7.3. Smart Furniture Market Estimates & Forecast, By Region, 2018 to 2030 (USD Billion)
- 7.4. North America
- 7.4.1. North America Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.4.2. U.S.
- 7.4.2.1. Key country dynamics
- 7.4.2.2. U.S. Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.4.3. Canada
- 7.4.3.1. Key country dynamics
- 7.4.3.2. Canada Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.5. Europe
- 7.5.1. Europe Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.5.2. UK
- 7.5.2.1. Key country dynamics
- 7.5.2.2. UK Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.5.3. Germany
- 7.5.3.1. Key country dynamics
- 7.5.3.2. Germany Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.5.4. France
- 7.5.4.1. Key country dynamics
- 7.5.4.2. France Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.5.5. Italy
- 7.5.5.1. Key country dynamics
- 7.5.5.2. Italy Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.5.6. Spain
- 7.5.6.1. Key country dynamics
- 7.5.6.2. Spain Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.6. Asia Pacific
- 7.6.1. Asia Pacific Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.6.2. India
- 7.6.2.1. Key country dynamics
- 7.6.2.2. India Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.6.3. Japan
- 7.6.3.1. Key country dynamics
- 7.6.3.2. Japan Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.6.4. China
- 7.6.4.1. Key country dynamics
- 7.6.4.2. China Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.6.5. Australia
- 7.6.5.1. Key country dynamics
- 7.6.5.2. Australia Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.6.6. South Korea
- 7.6.6.1. Key country dynamics
- 7.6.6.2. South Korea Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.7. Latin America
- 7.7.1. Latin America Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.7.2. Brazil
- 7.7.2.1. Key country dynamics
- 7.7.2.2. Brazil Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
- 7.8. Middle East & Africa
- 7.8.1. Middles East & Africa Smart Furniture market estimates & forecast, 2018 - 2030 (USD Billion)
Chapter 8. Smart Furniture Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Share, 2024
- 8.4. Company Heat Map/ Positioning Analysis
- 8.5. Strategy Mapping
- 8.6. Company Profiles
- 8.6.1. Inter Ikea Systems B.V.
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. Sobro
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. Sleep Number Corporation
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. Hi-Interiors srl
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. Krini Furniture Pvt Ltd
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. Herman Miller, Inc.
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. Desktronik
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Nitz Engineering GmbH
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Ermenegildo Zegna N.V.
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Initiatives
- 8.6.10. Steelcase Inc
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Strategic Initiatives