Dublin, April 01, 2022 (GLOBE NEWSWIRE) — The “Smart Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.
The global smart shoes market reached a value of US$226.92 million in 2021. Looking ahead, the publisher expects the market to reach a value of US$585.07 million from by 2027, with a CAGR of 16.50% in 2022-2027. Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic. This information is included in the report as a major market contributor.
Smart shoes refer to shoes with smart technology worn to provide increased comfort and protection when walking, running and performing physical activities. They are digitally connected to smartphone applications and are integrated with navigation and positioning monitoring, electronic systems, microchips, pressure sensors and a battery. Smart shoes are widely used to provide personalized feedback to analyze fatigue, health, steps, calories, posture and create accurate data. They usually come in a wide variety of colors, sizes, and designs that can also be personalized with artwork. Compared to standard shoes, smart shoes consist of inertial magnetic measurement units used for gait analysis and have pressure sensors used to provide information on body weight distribution and monitor performance.
Smart Footwear Industry Trends and Drivers:
The significant growth in the sports industry across the globe is creating a positive outlook for the market. Smart shoes are widely used to improve performance, provide cushioning to the foot, and improve comfort. In this light, increasing participation in sports and fitness related activities is driving the growth of the market. With the growing awareness of their health, consumers are widely adopting smart shoes to keep a daily activity record to track progress.
Moreover, various technological advancements such as the introduction of navigation tracker and automatic lacing technology are giving impetus to the growth of the market. These shoes consist of pressure sensors in the soles that detect the foot inside the shoes and allow automatic lacing. Additionally, the growing demand for smart wearable devices for easy and wearable tracking and coaching of daily activities and fitness levels is positively impacting the growth of the market. Apart from this, the rising popularity of e-commerce channels, along with growing consumer spending abilities, is expected to drive the market towards growth.
Key Market Segmentation:
The publisher provides analysis of key trends in each sub-segment of the global smart footwear market, as well as forecasts at the global, regional and country levels from 2022 to 2027. Our report has categorized the market based on product type, distribution channel and end user.
Breakdown by product type:
- Smart walking shoes
- Smart running shoes
- Smart sports shoes
Breakdown by distribution channel:
- Supermarkets and Hypermarkets
- Specialty stores
- Online stores
Breakdown by end user:
Breakdown by region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been reviewed along with the profiles of major players i.e. Alegria, Digitsole, Intellinium, Nike Inc., Puma SE, Salted Ltd., SolePower, Under Armor Inc., Vivobarefoot, Xiaomi Inc. . and Zhor. -Technology.
Answers to key questions in this report:
- How has the global smart shoes market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global smart footwear market?
- What are the main regional markets?
- What is the market breakdown by product type?
- What is the market breakdown by distribution channel?
- What is the market breakdown by end user?
- What are the different stages of the industry value chain?
- What are the key drivers and challenges in the industry?
- What is the structure of the global smart footwear market and who are the key players?
- How competitive is the industry?
Main topics covered:
1 Preface
2 Scope and methodology
3 Executive Summary
4 Presentation
4.1 Overview
4.2 Key Industry Trends
5 Global Smart Footwear Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Product Type
6.1 Smart walking shoes
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Smart running shoes
6.2.1 Market trends
6.2.2 Market Forecast
6.3 Smart sports shoes
6.3.1 Market trends
6.3.2 Market Forecast
7 Market Breakdown by Distribution Channel
7.1 Supermarkets and hypermarkets
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Specialized shops
7.2.1 Market trends
7.2.2 Market Forecast
7.3 Online shops
7.3.1 Market trends
7.3.2 Market Forecast
8 Market Breakdown by End User
8.1 Men
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Women
8.2.1 Market trends
8.2.2 Market Forecast
9 Market Breakdown by Region
10 SWOT Analysis
11 Value chain analysis
12 Analysis of the five forces of carriers
13 Price Analysis
14 Competitive Landscape
14.1 Market structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Alegria
14.3.1.1 Company Overview
14.3.1.2 Product portfolio
14.3.2 Digital sole
14.3.2.1 Presentation of the company
14.3.2.2 Product portfolio
14.3.3 Intellinium
14.3.3.1 Company Overview
14.3.3.2 Product portfolio
14.3.4 Nike Inc.
14.3.4.1 Company Overview
14.3.4.2 Product portfolio
14.3.4.3 Finance
14.3.4.4 SWOT Analysis
14.3.5 Puma SE
14.3.5.1 Company Overview
14.3.5.2 Product portfolio
14.3.5.3 Finance
14.3.5.4 SWOT Analysis
14.3.6 Salted Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product portfolio
14.3.7 Single Power
14.3.7.1 Company Overview
14.3.7.2 Product portfolio
14.3.8 Under Armor Inc.
14.3.8.1 Company Overview
14.3.8.2 Product portfolio
14.3.8.3 Finance
14.3.8.4 SWOT Analysis
14.3.9 Bare Feet
14.3.9.1 Company Overview
14.3.9.2 Product portfolio
14.3.10 Xiaomi Inc.
14.3.10.1 Company Overview
14.3.10.2 Product portfolio
14.3.10.3 Finance
14.3.11 Zhor Tech
14.3.11.1 Company Overview
14.3.11.2 Product portfolio
For more information on this report, visit https://www.researchandmarkets.com/r/wya3nb
