PUBLISHER: Grand View Research | PRODUCT CODE: 1751277
PUBLISHER: Grand View Research | PRODUCT CODE: 1751277
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.