Canada Smart Furniture Market Size & Outlook, 2024-2030
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Canada smart furniture market highlights
- The Canada smart furniture market generated a revenue of USD 8.7 million in 2024 and is expected to reach USD 17.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 12.5% from 2025 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2024.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
Smart furniture market data book summary
| Market revenue in 2024 | USD 8.7 million |
| Market revenue in 2030 | USD 17.4 million |
| Growth rate | 12.5% (CAGR from 2025 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Residential |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commercial, Residential |
| Key market players worldwide | Sleep Number Corp, Hi-Interiors, IKEA, Sobro, modoola |
Other key industry trends
- In terms of revenue, Canada accounted for 4.0% of the global smart furniture market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. smart furniture market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 110.6 million by 2030.
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Smart Furniture Market Scope
Smart Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| modoola | View profile | - | http://modoola.com | |
| Sobro | View profile | 11-50 | New York, New York, United States, North America | https://sobrodesign.com/ |
| IKEA | View profile | 10001+ | Delft, Zuid-Holland, The Netherlands, Europe | http://www.ikea.com/ |
| Hi-Interiors | View profile | 1-10 | Milan, Lombardia, Italy, Europe | http://hi-interiors.com |
| Sleep Number Corp | View profile | 4145 | 1001 Third Avenue South, Minneapolis, MN, United States, 55404 | https://www.sleepnumber.com |
Canada smart furniture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart furniture market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 65.52% in 2024. Horizon Databook has segmented the Canada smart furniture market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of smart furniture market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada smart furniture market, including forecasts for subscribers. This country databook contains high-level insights into Canada smart furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada smart furniture market report size, by application, 2018-2030 (US$M)
Canada Smart Furniture Market Share, 2024 & 2030 (US$M)
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