Smart Shoe Market Key Insights Based on Product Type, End-Use and Regional Demand Till 2020-2027

The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.

Key Drivers of the Smart Shoe Market:

The growing popularity of smart wearables, the rising trend of participating in different sports and fitness activities are the key factors surging the growth of the global smart shoe market in the upcoming years. Several multinational giants are aiming at product innovation, such as the development of smart shoe with the improved comfort level, will attract a wide number of consumers to opt for these shoes. For example, Nike recently 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 allows automatic lacing. Moreover, the rising adoption of athleisure and fitness, along with the emerging demand for sneakers, are some factors boosting the demand of the market. The smart shoes are equipped with Bluetooth controlled insoles and sensors, which are used to track the overall distance traveled by the user. They also tell the total calories burned in a day, along with other health-specific biometric data.

The increasing awareness among consumers regarding the exceptional advantages of running, walking, doing any other physical activity will bring new customers into the market. They are changing towards adopting a healthy lifestyle by going to the gym on a regular basis, following a strict diet pattern, and participating in other activities such as marathons and relay races. On the other edge of the spectrum, the high price of smart shoes is one of the key factors which will hamper the rising demand of the market during the forecast period.

To know more about this market, request a sample at https://www.gmiresearch.com/report/smart-shoe-market/sample-request

This report splits the Smart Shoe Market as follows:

By Product Type:

Smart Walking Shoes
Smart Running Shoes
Smart Sports Shoes

By Distribution Channel:

Men
Women

By End-User:

Supermarket/Hypermarket
Specialty Store
Online

By 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

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape:

The smart shoe market report also scans the competitive landscape and profiles the major players operating in the market, including Nike, Inc., PUMA SE, Digitsole, Salted Co., Ltd., Adidas Group, Pepper Gate Footwear Inc., Under Armour, Inc., Xiaomi Mi Shoes, Vivobarefoot, and Zhor-Tech, among others.

Request for Customization at https://www.gmiresearch.com/report/smart-shoe-market/request-for-customization

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

Contact GMI Research

Company Name: GMI RESEARCH
EUROPE OFFICE: Level 1, The Chase Carmanhall Road,
Sandyford Industrial Estate,
Dublin D18 Y3X2, Ireland
Email: [email protected]
Website: https://www.gmiresearch.com