IMARC Group, a leading market research company, has recently releases report titled “Smart Shoes Market Report by Product Type (Smart Walking Shoes, Smart Running Shoes, Smart Sports Shoes), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores), End User (Men, Women), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the global smart shoes market.
How Big is the Smart Shoes Market?
The global smart shoes market size reached US$ 313.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,062.5 Million by 2032, exhibiting a growth rate (CAGR) of 14.2% during 2024-2032.
Industry Overview of Smart Shoes
Smart shoes are footwear integrated with smart technology that aims to enhance comfort and protection during walking, running, and physical activities. These shoes are connected to smartphone applications and equipped with electronic systems, microchips, pressure sensors, and a battery, enabling features such as monitoring, navigation, and positioning. By offering personalized feedback, smart shoes analyze fatigue, health, steps, calories, and posture and generate precise data. They come in a wide range of colors, sizes, and designs, with the option to personalize them with illustrations. In comparison to regular shoes, smart shoes incorporate inertial-magnetic measurement units for gait analysis and pressure sensors to provide insights into body weight distribution and monitor performance.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/smart-shoe-market/requestsample
What are the growth prospects and trends in the smart shoes industry?
The market is witnessing a positive outlook due to the significant growth in the sports industry worldwide. Smart shoes are extensively utilized to enhance performance, offer foot cushioning, and improve comfort. The market benefits from the increasing participation in sports and fitness activities. Consumers, driven by a growing health consciousness, widely adopt smart shoes to maintain a daily record of their activities and track progress.
Technological advancements, such as navigation tracking and self-lacing technology, further propel market growth. These shoes incorporate pressure sensors in their soles, enabling automatic lacing by sensing the foot inside the shoes.
Moreover, the market is positively influenced by the rising demand for smart wearables that enable convenient and portable tracking and monitoring of daily activities and fitness levels. Additionally, the increasing popularity of e-commerce platforms and the expanding consumer spending capacity contribute to the market’s growth trajectory.
Leading Companies Operating in the Global Smart Shoes Industry:
- Alegria
- Digitsole
- Intellinium
- Nike Inc.
- Puma SE
- Salted Ltd.
- SolePower
- Under Armour Inc.
- Vivobarefoot
- Xiaomi Inc.
- Zhor-Tech.
Smart Shoes Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product Type:
- Smart Walking Shoes
- Smart Running Shoes
- Smart Sports Shoes
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
Breakup by End User:
- Men
- Women
Breakup 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
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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