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Smart Apparel: The next big thing in sports? Clothes that give you perfect form

03-03-2020 07:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Smart Apparel Market

Smart Apparel Market

Smart apparel is referred to as smart garments, high tech clothing, electronic textiles, smart wear, smart textiles, and e-textiles, among others. Smart apparel includes value-added functionality such as live tracking, response, and biometrics, among others. The smart apparel market is primarily driven by the growing popularity of monitoring body activities through sensors.

Increasing adoption of smart apparel in sports and fitness and growing adoption of smart clothes across various end-use industries are the major factors that are expected to drive the growth of the smart apparel market. However, the high cost of smart apparel might act as a restraining factor for the smart apparel market. The market for smart apparel is highly fragmented, with a large number of companies operating in the market.

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The Prominent/Emerging Players in the Smart Apparel Market Research include:
- Jabil
- Jacquard
- Mad Apparel, Inc.
- Nike, Inc.
- Ralph Lauren Corporation
- Samsung
- Sensoria Inc.
- Siren
- Under Armour, Inc.
- Wearable X

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart apparel market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Smart apparel market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting smart apparel market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Smart apparel market in these regions.

Global Smart Apparel Market Segmentation:

Smart Apparel Market - by Component
- Hardware
- Software

Smart Apparel Market - by Connectivity
- Wi-Fi
- Bluetooth
- GPS
- RFID

Smart Apparel Market - by End User
- Healthcare
- Sport and Fitness
- Industrial

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Key Elements that the report acknowledges:

- Market size and growth rate during forecast period.
- Key factors driving the Smart Apparel Market.
- Key market trends cracking up the growth of the Smart Apparel Market.
- Challenges to market growth.
- Key vendors of Smart Apparel Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Smart Apparel Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.

Contact Us
If you have any queries about this report or would like further information, please
contact us:

The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About The Insight Partners

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Chemical, Food, Automotive and Defence.

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