Sleep is a natural and vital biological process that enables the body and mind to rest and rejuvenate. It occurs in cycles of rapid eye movement (REM) and non-rapid eye movement stages, each playing a crucial role in physical healing, cognitive performance, emotional balance, and memory formation.
The main categories of sleep-related products include sleep aids, sleep technologies, sleep devices, bedding, mattresses, pillows, and others. Sleep aids encompass medications, supplements, or natural remedies designed to help individuals fall asleep or maintain sleep. These products are commonly used to treat conditions such as insomnia, sleep apnea, narcolepsy, restless leg syndrome, REM sleep behavior disorder, and more. Distribution occurs through both online and offline channels.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sudden escalation of U.S. tariffs and the consequent trade frictions in spring 2025 are severely impacting the healthcare sector, particularly in the supply of critical medical devices, diagnostic equipment, and pharmaceuticals. Hospitals and healthcare providers are facing higher costs for imported surgical instruments, imaging equipment, and consumables such as syringes and catheters, many of which have limited domestic alternatives. These increased costs are straining healthcare budgets, leading some providers to delay equipment upgrades or pass on expenses to patients. Additionally, tariffs on raw materials and components are disrupting the production of essential drugs and devices, causing supply chain bottlenecks. In response, the industry is diversifying sourcing strategies, boosting local manufacturing where possible, and advocating for tariff exemptions on life-saving medical products.
The sleep market research report is one of a series of new reports from The Business Research Company that provides sleep market statistics, including the sleep industry's global market size, regional shares, competitors with the sleep market share, detailed sleep market segments, market trends and opportunities, and any further data you may need to thrive in the sleep market. This sleep market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The sleep market size has grown strongly in recent years. It will grow from $61.83 billion in 2024 to $65.91 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. Growth during the historic period can be attributed to increasing demand for non-invasive and drug-free sleep aids, a rising prevalence of lifestyle-related health conditions, growing interest in personalized health solutions, a shift toward home-based sleep monitoring, and the expanding adoption of digital health and telemedicine.
The sleep market size is expected to see strong growth in the next few years. It will grow to $84.60 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. Growth in the forecast period is expected to be driven by the rising prevalence of sleep disorders, growing awareness of the importance of sleep health, an expanding aging population, increased use of wearable sleep trackers, and heightened mental health concerns. Key trends anticipated during this period include advancements in wearable technology, the integration of artificial intelligence in sleep-tracking devices, the development of smart mattresses and pillows, the emergence of contactless sleep-monitoring technologies, and the incorporation of voice-controlled virtual assistants.
The rising prevalence of mental health issues is expected to drive the growth of the sleep market in the coming years. Mental illnesses are medical conditions marked by changes in emotion, thinking, or behavior that often impair a person's ability to manage daily life. The increase in mental health challenges is linked to rising stress from modern lifestyle factors such as work pressure, financial uncertainty, and constant digital engagement. Quality sleep supports mental health by boosting emotional resilience, reducing anxiety, and helping the brain handle stress and mood disorders. For example, in May 2025, the Australian Institute of Health and Welfare reported that about 26% of Australians aged 15 and older experienced a mental illness in 2022. Thus, the growing incidence of mental health conditions is fueling the expansion of the sleep market.
Leading companies in the sleep market are investing in advanced technologies like smart sleep analytics solutions to improve sleep quality, offer personalized sleep therapies, and provide real-time monitoring and insights into sleep habits. Smart sleep analytics solutions utilize sensors and artificial intelligence to track and analyze sleep patterns, delivering personalized recommendations to enhance sleep quality. In June 2024, Wakefit Innovations Limited, an India-based sleep and home solutions firm, launched an AI-powered sleep health product designed to monitor sleep patterns and provide customized insights and actionable advice to help users better manage sleep disorders. These innovations are making sleep care more accessible, affordable, and data-driven, though concerns about data privacy and accuracy remain.
In January 2023, Sleep Country Canada Holdings Inc., a Canadian mattress retailer, acquired Silk & Snow Inc. for an undisclosed sum. Through this acquisition, Sleep Country Canada aims to strengthen its product offerings and digital capabilities by leveraging Silk & Snow's loyal customer base and growth momentum to solidify its market position. Silk & Snow Inc. is a Canadian company specializing in sleep products.
Major players in the sleep market are Koninklijke Philips N.V., Garmin Ltd, ResMed Inc., Sleep Number Corporation, Nihon Kohden Corporation, Fisher & Paykel Healthcare Corporation Limited, Natus Medical Incorporated, Itamar Medical Ltd., Withings S.A.S., Cadwell Industries Inc., BMC Medical Co. LTD., Eight Sleep Inc., Compumedics Limited, Simba Sleep Limited, Shenzhen Sleepace Technology Co. Ltd., Cleveland Medical Devices Inc., Advanced Brain Monitoring Inc., Braebon Medical Corporation, SOMNOMEDICS AG., Somnox B.V., Apex Medical Corporation.
North America was the largest region in the sleep market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in sleep report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the sleep market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The sleep market consists of sales of weighted blankets, aromatherapy products, blackout curtains, and sleep masks. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Sleep Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on sleep market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for sleep ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The sleep market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:1) By Product Type: Sleep Aids; Sleep Technologies; Sleep Devices; Bedding; Mattresses; Pillows; Other Product Types
2) By Indication: Insomnia; Sleep Apnea; Narcolepsy; Restless Leg Syndrome; Rapid Eye Movement Sleep Behavior Disorder; Other Indications
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Table of Contents
1. Executive Summary
2. Sleep Market Characteristics
3. Sleep Market Trends And Strategies
4. Sleep Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
5. Global Sleep Growth Analysis And Strategic Analysis Framework
5.1. Global Sleep PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Sleep Market Growth Rate Analysis
5.4. Global Sleep Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Sleep Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Sleep Total Addressable Market (TAM)
6. Sleep Market Segmentation
6.1. Global Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Sleep Aids
Sleep Technologies
Sleep Devices
Bedding
Mattresses
Pillows
Other Product Types
6.2. Global Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Insomnia
Sleep Apnea
Narcolepsy
Restless Leg Syndrome
Rapid Eye Movement Sleep Behavior Disorder
Other Indications
6.3. Global Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Online
Offline
6.4. Global Sleep Market, Sub-Segmentation Of Sleep Aids, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Prescription Sleep Medications
Melatonin Supplements
Cannabidiol (CBD) Products
6.5. Global Sleep Market, Sub-Segmentation Of Sleep Technologies, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Smart Sleep Monitoring Apps
Ai-Based Sleep Platforms
Smart Sleep Environment Systems
6.6. Global Sleep Market, Sub-Segmentation Of Sleep Devices, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Oral Appliances
Sleep Masks
Anti-Snoring Devices
6.7. Global Sleep Market, Sub-Segmentation Of Bedding, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Bed Sheets
Mattress Toppers
Weighted Blankets
6.8. Global Sleep Market, Sub-Segmentation Of Mattresses, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Innerspring Mattresses
Memory Foam Mattresses
Latex Mattresses
6.9. Global Sleep Market, Sub-Segmentation Of Pillows, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Memory Foam Pillows
Latex Pillows
Cooling Pillows
6.10. Global Sleep Market, Sub-Segmentation Of Other Product Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
White Noise Machines
Sleepwear
Sleep Aromatherapy Products
7. Sleep Market Regional And Country Analysis
7.1. Global Sleep Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Sleep Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Sleep Market
8.1. Asia-Pacific Sleep Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Sleep Market
9.1. China Sleep Market Overview
9.2. China Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Sleep Market
10.1. India Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Sleep Market
11.1. Japan Sleep Market Overview
11.2. Japan Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Sleep Market
12.1. Australia Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Sleep Market
13.1. Indonesia Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Sleep Market
14.1. South Korea Sleep Market Overview
14.2. South Korea Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Sleep Market
15.1. Western Europe Sleep Market Overview
15.2. Western Europe Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Sleep Market
16.1. UK Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Sleep Market
17.1. Germany Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Sleep Market
18.1. France Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Sleep Market
19.1. Italy Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Sleep Market
20.1. Spain Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Sleep Market
21.1. Eastern Europe Sleep Market Overview
21.2. Eastern Europe Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Sleep Market
22.1. Russia Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Sleep Market
23.1. North America Sleep Market Overview
23.2. North America Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Sleep Market
24.1. USA Sleep Market Overview
24.2. USA Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Sleep Market
25.1. Canada Sleep Market Overview
25.2. Canada Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Sleep Market
26.1. South America Sleep Market Overview
26.2. South America Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Sleep Market
27.1. Brazil Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Sleep Market
28.1. Middle East Sleep Market Overview
28.2. Middle East Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Sleep Market
29.1. Africa Sleep Market Overview
29.2. Africa Sleep Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Sleep Market, Segmentation By Indication, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Sleep Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Sleep Market Competitive Landscape And Company Profiles
30.1. Sleep Market Competitive Landscape
30.2. Sleep Market Company Profiles
30.2.1. Koninklijke Philips N.V. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Garmin Ltd Overview, Products and Services, Strategy and Financial Analysis
30.2.3. ResMed Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Sleep Number Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Nihon Kohden Corporation Overview, Products and Services, Strategy and Financial Analysis
31. Sleep Market Other Major And Innovative Companies