The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
The latest report by IMARC, titled “ Smart Shoes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-202 8
” findsthat theglobal smart shoesmarket sizereached US$270.5 Million in 2022.
Smart shoes are embedded with smart technology that enables users to perform advanced functions like walking, running and other physical activities while providing enhanced comfort and protection. They are connected to smartphone applications and are mounted with monitoring, navigation and positioning,electronic systems,microchips,pressuresensors,and a battery.
These shoes provide personalized feedback to users through connected applications that assist in analyzing fatigue, health, steps, calories, posture, and keeping track of all the activities. Owing to these properties, smart shoeshave gained traction among individuals acrosstheglobe.
Request Free Sample Report: https://www.imarcgroup.com/smart-shoe-market/requestsample
The market is primarily driven by the expanding sports industry across the globe. Nowadays, athletes wear smart shoes to improve performance, provide cushioning to the foot, and enhance comfort. In addition, the increasing number of individuals participating in sports-related and fitness activities represents another major growth-inducing factor. Besides this, the leading market players are introducing shoes with navigation trackers and innovative features. For instance, Nike, Inc. has recently launched Nike Adapt, a smart shoe embedded with self-lacing technology and pressure sensors in the soles that sense the foot inside and allow automatic lacing.
This, coupled with the easy product availability on various e-commerce platforms, is positively influencing the market growth. Moreover, the rising adoption of smart wearables by health-conscious individuals for tracking day-to-day activities and fitness levels is also creating a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 672.8 Million by 2028, exhibiting a CAGR of 15.8% during the forecast period (2023-2028).
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Market Summary:
Breakup by Product Type:
• Smart Walking Shoes
• Smart Running Shoes
• Smart Sports Shoes
Breakup by Distribution Channel:
• Supermarketsand Hypermarkets
• Specialty Stores
• OnlineStores
Breakup by End User:
• Men
• Women
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
Competitive Landscape with Key Players:
• Alegria
• Digitsole
• Intellinium
• Nike Inc.
• Puma SE
• Salted Ltd.
• SolePower
• UnderArmourInc.
• Vivobarefoot
• Xiaomi Inc.
• Zhor-Tech.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/smart-shoe-market
We are the trusted business partners to the world's leading corporates, governments, and institutions
We are the trusted business partners to the world's leading corporates, governments, and institutions
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
