Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, many others will remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the smart shoes market.
Frequently Asked Questions:
- What are the major market trends?
The growth of strategic partnerships is a major trend driving the growth of the market.
- How fast is the market expected to grow?
The market will accelerate at a CAGR of nearly 25% and the incremental growth of the market is expected to be $395.91 million.
- Who are the best market players?
adidas AG, Boltt Audio, DIGITSOLE, Nike Inc., Powerlace Technology Inc., PUMA SE, Salted Ltd., Sensoria Inc., Under Armor Inc. and ZHOR-TECH are some of the major market players.
- What is the main market driver?
Increased product innovation leading to increased premiumization is one of the major factors driving the market.
- What is the size of the North American market?
the North America the region will contribute 42% of the market share.
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The market is fragmented and the degree of fragmentation will accelerate over the forecast period. adidas AG, Boltt Audio, DIGITSOLE, Nike Inc., Powerlace Technology Inc., PUMA SE, Salted Ltd., Sensoria Inc., Under Armor Inc. and ZHOR-TECH are some of the major market players. Increased product innovation leading to increased premiumization will provide immense opportunities for growth. Competition in the smart shoe market is intense and to survive in this competitive environment, shoe brands are constantly investing in product and technological innovation.
With the aim of helping players to strengthen their presence in the market, this forecast report on Smart Shoes market provides a detailed analysis of the major vendors in the market. The report also gives the big names in the industry insight into the competitive landscape and information about the different product offerings offered by various companies.
Smart Footwear Market 2021-2025: Segmentation
The Smart Footwear Market is segmented as follows:
- Final user
- Adults
- The elderly
- Disabled users
- identifiers
- Distribution channel
- Geography
- North America
- Europe
- APAC
- South America
- AEM
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Smart Shoes Market 2021-2025: Scope
Technavio presents a detailed picture of the market through study, synthesis and summation of data from multiple sources. the smart shoes market report covers the following areas:
- Smart Shoes Market Size
- Smart Shoes Market Trends
- Smart Footwear Market Industry Analysis
This study identifies growing strategic partnerships as one of the major reasons for the growth of the smart footwear market over the next few years. To stay competitive, vendors in the smart shoe industries are partnering with tech giants. Strategic partnerships with tech giants help vendors develop smart shoes with varied functionality.
Smart Footwear Market 2021-2025: Key Highlights
- Market CAGR over the forecast period 2021-2025
- In-depth information on factors that will contribute to the growth of the Smart Shoes market over the next five years
- Estimating the size of the Smart Shoes market and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the smart shoes market through North America, Europe, APAC, South America, and MEA
- Market Competitive Landscape Analysis and Detailed Vendor Information
- Complete details of the factors that will challenge the growth of the Smart Footwear Market vendors
Contents:
Summary
Market landscape
- Market ecosystem
- Value chain analysis
Market sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market Outlook: Predictions for 2020 – 2025
Five forces analysis
- Five forces analysis
- The bargaining power of buyers
- Bargaining power of suppliers
- The threat of new entrants
- The threat of substitutes
- Threat of rivalry
- Market state
Market segmentation by end user
- Market segments
- Comparison by end user
- Adults – Market size and forecast 2020-2025
- Seniors – Market size and forecast 2020-2025
- Disabled Users – Market size and forecast 2020-2025
- Children – Market size and forecast 2020-2025
- COVID-19 Pandemic Impact and Recovery by End User Segment
- Market opportunity by end user
Market segmentation by function
- Step counting shoes
- Position smart shoes
- Smart sailing shoes
- Self-tightening smart shoes
Market segmentation by distribution channel
- Market segments
- Comparison by distribution channel
- Online – Market size and forecast 2020-2025
- Offline – Market size and forecast 2020-2025
- Market opportunity by distribution channel
Customer landscape
Geographic landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- APAC – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- Main leading countries
- Market Opportunity by Geography
- Market factors
- Market challenges
- Market trends
Supplier Landscape
- Supplier Landscape
- Landscape disturbance
Vendor analysis
- Suppliers Covered
- Positioning on the supplier market
- adidas S.A.
- Boltt Audio
- DIGITSOLE
- Nike Inc.
- Powerlace Technology Inc.
- PUMA SE
- Sale Ltd.
- Sensoria Inc.
- Under Armor Inc.
- ZHOR-TECH
appendix
- Report scope
- Currency conversion rates for the US dollar
- Research methodology
- Abreviations list
About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.
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