Smart Shoe Market Forecast and Trends Analysis Research Report 2020-2027

PUMA SE, Digitsole, Salted Co., Ltd., Vivobarefoot, Xiaomi Mi Shoes, Pepper Gate Footwear Inc., Nike, Inc., Adidas Group, Under Armour, Inc., and Zhor-Tech, among others.

Key Drivers of the Smart Shoe Market:

The growing popularity of smart wearables, followed by the emerging trend of participating in different sports and fitness activities are the significant factors that are contributing to the growth of the smart shoe market size. Numerous multinational giants are emphasizing on product innovation, including the development of smart shoe with the improved comfort level, which will attract a large number of consumers towards the market. For example, Nike introduced the innovative self-lacing HyperAdapt 1.0 shoes, with pressure sensors in the soles that sense when the foot is inside the shoes and provides automatic lacing. Additionally, the accelerating adoption of athleisure and fitness and the increasing demand for sneakers will positively impact the growth of the market. The smart shoes are equipped with sensors and Bluetooth controlled insoles, which are often utilized to track the overall distance travelled by the user.

The consumers are becoming aware about the remarkable advantages of walking, running, or doing any other physical activity, which will further complement the market growth. They are significantly shifting towards the adoption of a healthy lifestyle by going to the gym on a regular basis, following a strict diet pattern, and taking part in various physical activities such as marathons and relay races. According to the smart shoe market report, the high price of smart shoes is one of the major factor which hamper the growth of the market.

Segmentation of the Smart Shoe Market:

The market report offers future growth drivers and competitive landscape. This will be beneficial for buyers of the market report to gain a clear view of the important growth and subsequent market strategy.

On the basis of Product Type:

• Smart Walking Shoes

• Smart Running Shoes

• Smart Sports Shoes

On the basis of Distribution Channel:

On the basis of End User:

• Supermarket/Hypermarket

• Specialty Store

• Online

On the basis of Region:

• North America
  • United States of America

  • Canada

• Asia Pacific
  • China

  • Japan

  • India

  • Rest of APAC

• Europe
  • United Kingdom

  • Germany

  • France

  • Spain

  • Rest of Europe

• RoW
  • Brazil

  • South Africa

  • Saudi Arabia

  • UAE

  • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

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