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Smart Clothing Market 2024: Forecasts By Leading Key Players - Zephyr, Adidas, Athos, Cityzen Sciences, Clothing+, dorsaVi, Electricfoxy, Hallam New York, Heddoko, Levi, Myontec, OMSignal, Polar, Ralph Lauren, Sensoria, Textronics

smart clothing market

smart clothing market

Smart clothing market has been forecast to face certain challenges at its initial stages, notwithstanding the predictions made about it being one of most lucrative businesses in recent times. Some of these constraints lurk along the lines of high product prices, unreliability, and personal security threats. Moreover, on the technical front, the present-day challenges of smart clothing industry such as limited battery life, wireless technology, huge capital investment, wash ability, and complexity of data analysis remain consistent.

Smart clothing market is predicted to surpass a targeted revenue margin of USD 4 billion by 2024, having garnered a revenue of USD 150 million in 2016. This revenue cumulation undoubtedly stands as a vital testimony to the surging growth map of smart clothing market.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Adidas Group
2. AiQ Smart Clothing Inc.
3. Athos
4. Catapult Sports Pty Ltd
5. Cityzen Sciences
6. Clothing+
7. dorsaVi
8. Electricfoxy
9. Hallam New York
10. Heddoko Inc
11. Hexoskin (Carre Technologies Inc.)
12. Levi Strauss & Co.
13. Lumo Bodytech Inc
14. Mondevices
15. Myontec, Ltd.
16. OMSignal
17. Owlet Baby Care

The rapidly changing trends in the fashion cosmos is one of most pivotal factors impacting the growth of smart clothing market. With the progressive fads prevalent in apparel design and technology, key companies partaking in smart clothing industry share are expected to introduce unique, innovative products such as 3D-printed jackets, smart coats, connected clothes, and belts with fitness tracking
The geographical scope of smart clothing industry is proportionately segmented across North America, Europe, and Asia Pacific. The U.S. has always been at the forefront as far as sporting events across the globe are considered. The country has given birth to world class sportspersons excelling at numerous world championships, a trend which it seems to be intent on continuing, that will undoubtedly propel the regional smart clothing industry. Additionally, sports clubs across the U.S. are collaborating with the firms in the smart clothing market to improve the performance of their sportspersons and avoid sports injuries, thereby augmenting the regional expansion further.

Smart clothing market across China and India is expected to gain traction with the growing requirement of protective clothing for military & defense personnel. In addition, the escalated popularity of wearable equipment with newly embedded features is another factor that is forecast to create profitable avenues for smart clothing industry players across the Asia Pacific region.

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DEC Research,
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Toll Free: 1-888-689-0688
Email: info@decresearch.com

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DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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