Market Overview:
The expansion of the sports industry across the globe is one of the major drivers of the smart shoes market. In this light, the growing consumer participation in sports and fitness related activities is further catalyzing the growth of the market.
Additionally, the increasing health awareness of individuals and growing adoption of smart shoes to maintain physical activity log is also increasing the global market.
In addition to this, several technological advancements including the introduction of navigation trackers and automatic lacing technologies act as significant growth factors.
Additionally, the rising popularity of e-commerce channels and increasing consumer spending abilities are expected to bolster the smart shoes market in the coming years.
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| Market size value in 2021: | US$226.92 million |
| Rate of growth: | CAGR of 16.50% from 2022 to 2027 |
| Market Outlook: | 2022-2027 |
Important Attribute and Report Highlights:
- Detailed Global Market Share Analysis
- Market segmentation
- Historical, current and projected market size in terms of volume and value
- Latest industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
The report has segmented the market based on region, 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, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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