Global Smart Shoes Market 2021-2025
Technavio has been monitoring the smart shoes market and it is poised to grow by $ 395.91 mn during 2021-2025 progressing at a CAGR of 25% during the forecast period. Our report on smart shoes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased product innovation leading to increased premiumization and increased adoption in medical applications. In addition, increased product innovation leading to increased premiumization is anticipated to boost the growth of the market as well.
The smart shoes market analysis includes end-user segment, distribution channel segment and geographical landscapes.
Technavio's smart shoes market is segmented as below:
- Senior citizens
- Users with disability
By Distribution Channel
By Geographical Landscapes
- North America
- South America
This study identifies the growing awareness of healthy lifestyle and smart fitness products as one of the prime reasons driving the smart shoes market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on smart shoes market covers the following areas:
- Smart shoes market sizing
- Smart shoes market forecast
- Smart shoes market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart shoes market vendors that include adidas AG, Boltt Audio, DIGITSOLE, Nike Inc., Powerlace Technology Inc., PUMA SE, Salted Ltd., Sensoria Inc., Under Armour Inc., and ZHOR-TECH. Also, the smart shoes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.