Smart Clothing

Smart Clothing Market Is Gaining Traction Steadily And Is Expected To Ascend At Around 25% CAGR Through 2031

Retail and Consumer Goods

According to Fact.MR’s recent study on the global smart clothing market, the market is gaining traction steadily and is expected to ascend at around 25% CAGR through 2031, registering an impressive valuation of US$ 23.28 Bn. By 2026, the market is projected to reach US$ 7.63 Bn, amid extensive uptake by professional sportspersons and the healthcare industry, the latter of which is expected to be an important beneficiary, accounting for 30% revenue.

The latest market research report analyzes Smart Clothing Market demand by Different segments. Providing business leaders with insights On Smart Clothing And how they can increase their market share.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=196

Key Segments Covered

  • Product Type

    • Smart Socks
    • Smart Insoles
    • Smart Pants
    • Smart Jackets
    • Smart Shirts
    • Smart Dresses
    • Smart Suits
    • Smart Scarves
    • Smart Bras
    • Smart Shoes
  • Application

    • Embedded Electronics Smart Clothing
    • Attached Electronics Smart Clothing
  • Technology

    • Ultra-Smart Clothing
    • Passive Smart Clothing
    • Active Smart Clothing
  • Industry Vertical

    • Healthcare Smart Clothing
    • Industrial Smart Clothing
    • Military Smart Clothing
    • Athletic Smart Clothing

Competitive Landscape

A rising number of partnerships in the global smart clothing industry is expected to introduce more fashionable, comfortable, and functional products, broadening outreach of prominent players. Some notable developments are as follows:

  • Sensoria Inc., for instance, has been partnering with MYZONE to deliver comfortable and accurate heart rate monitoring garments since the past 5 years, with some of the first products being the Sensoria T-Shirt and MYZONE Powered Sports Bra respectively
  • In December 2017, TexRey Industrial Co. Ltd. launched the new multi-bio monitoring smart apparel in the Yi-Deng Nursing Center. With this product launch, the center is able to enhance surveillance and monitoring of hospitalized patients by collecting their personal bio-data, making long-term care permissible

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