Furniture Tech

Technology to customize and procure furniture

Overview

Furniture tech refers to the use of technologies like the Internet of Things (IoT), 3D visualization, and modular product design to improve the functionality of furniture. It also encompasses the use of ecommerce for rental and procurement of furniture (e.g., online furniture rentals and D2C furniture). This hub also covers the use of tech for furniture customization, such as enabling customers to design their own furniture through company websites and allowing the order to be placed online, with some companies even offering fabric swatches prior to the order.

The convenience of buying online, the rise of do-it-yourself (DIY) culture, as well as the spike in online activity during the Covid-19 pandemic have collectively resulted in increased interest in buying/renting furniture online.

*Note: Additional sections (such as market sizing, detailed overview, and incumbents) can be provided on request.

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Industry scope

This industry focuses on companies offering the following:
  1. Online furniture rental platforms
  2. D2C ecommerce customized furniture
  3. D2C ecommerce off-the-shelf furniture
  4. IoT smart furniture
  5. Modular and transformable furniture
  6. Online furniture marketplace
  7. Virtual 3D design
However, we exclude the following areas when selecting companies for this industry:
  1. Traditional event furniture rental and other accessories rental companies
  2. Smart mattress companies (which only offer mattresses to improve sleep quality) since these are not classified as furniture. However, companies that offer both bed frames and mattresses are included
  3. Rehabilitative chairs that are used for medical purposes
Currently, we do not actively cover this industry, but we have identified it as a potential industry to cover. For the list of industries in our coverage, please visit https://sp-edge.com/industries.
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