Global Smart Shoes Market 2018-2022
About smart shoes
The insoles of smart shoes are embedded with pressure sensors that can detect walking or running data and can be controlled via smartphones using a Bluetooth connection. The data thus collected by the shoes is streamed to a smartphone or tablet via a dedicated app. Most smart shoes also offer tips on improving the fitness regimen
Technavio’s analysts forecast the global smart shoes market to grow at a CAGR of 22.70% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global smart shoes market for 2018-2022. To calculate the market size, the report considers the revenue generated through the retail sales of different types of smart shoes. The segments covered in this report include function, end-user, distribution channel, and geography.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Smart Shoes Market 2018-2022
Technavio recognizes the following companies as the key players in the Global smart shoes market: Boltt, DIGITSOLE, Nike, POWERLACE TECHNOLOGY, Under Armour
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is provision of personalized fitness coaching”
According to the report, one driver that is affecting the market is increased product innovation leading to increased premiumization”
Further, the report states that one challenge that is affecting the market is proliferation of wearable fitness devices”