The Current Insomnia Market
The global market for sleep apps and i nsomnia management was projected to surpass $13 billion as of December 2020. According to Data Bridge, the sleep industry is expected to experience an exponential growth of about 300% over the next 5 years which would bring the total revenue of the industry to about $30 billion. The increase in the revenue generated from the tech devices used in the sleep industry is driven by the surging tech adoption rates that have considerably increased the number of downloadable apps across the globe. At the moment, no Blockchain project offers an innovative solution that connects the sleeping industry to Decentralized finance as well as the fast-growing Metaverse markets.
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