Press release
Connected Apparel Market Set to Grow at a Remarkable CAGR of 27.0% from 2024 to 2034
Download Sample Report Copy Here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=86425&utm_source=OpenPR_Sandeep&utm_medium=OpenPR
Market Dynamics
Drivers
Advancement of IoT Technology
The Internet of Things (IoT) has been a significant driver of the connected apparel market. IoT technology allows for real-time data collection and high levels of personalization, which were previously unattainable. Smart textiles equipped with sensors can measure health metrics, track physical activity, and even adjust temperature. This increased functionality appeals to health-conscious consumers looking to optimize their lifestyles. The seamless connectivity between smart wear and devices creates a demand for products that offer convenience and efficiency.
Rise in e-Commerce and Online Retail Platforms
The rise of e-commerce and online retail platforms has made connected apparel more accessible worldwide. Consumers can now easily access a wide variety of smart clothing from the comfort of their homes, breaking down geographical barriers. This increased availability has boosted demand for connected apparel that integrates fitness tracking, health monitoring, and interactive features. The convenience of online shopping, coupled with user-friendly interfaces and seamless payment systems, has further propelled the market.
Regional Outlook
North America
North America held the largest market share in the global connected apparel market in 2023. The region's tech-savvy consumers and comprehensive retail infrastructure have actively supported the integration of advanced technology in clothing. The synergy between technology companies and fashion retailers in North America has produced innovative products that cater to style-conscious and utility-loving customers. Significant investments in research and development have further fueled the market, promoting sustainability and personalized experiences.
Explore how your business can benefit from these trends - click here for more details: https://www.transparencymarketresearch.com/connected-apparel-market.html
Market Segmentation
By Product Type
Clothing
Top Wear: T-shirts/Shirts, Jackets, Hoodies, Others
Bottom Wear: Jeans, Shorts, Skirts, Others
Inner Wear: Bras, Panties/Thongs, Boxers, Others
Footwear
Shoes, Socks
By Technology Integration
Sensor-Embedded
Bluetooth and Wi-Fi Connectivity
Data Analytics and Cloud Integration
By Consumer Group
Male
Female
By Distribution Channel
Online Retail
Offline Retail
Competitive Landscape
Major players in the global connected apparel market include AiQ Smart Clothing, Ajanta Shoes, Arrow, Athos, Baliston, Hexoskin, OMsignal, Ralph Lauren, Sensoria, and Wearable X. These companies have adopted strategies such as product launches and collaborations to enhance their market presence and fuel industry growth.
Key Developments
January 2024: Baliston unveiled its first line of tech-enhanced, customized shoes, Baliston by STARCK, developed in partnership with designer Philippe Starck. These shoes mark a new era in footwear with state-of-the-art technology based on biomechanics and clinical experience.
January 2023: Ajanta Shoes introduced the NAVIGATOR, India's first "made in India" smart shoe, featuring gyroscopic technology and artificial intelligence.
Conclusion
The global connected apparel market is poised for substantial growth, driven by advancements in IoT technology and the rise of e-commerce platforms. North America's tech-savvy consumers and robust retail infrastructure have positioned the region as a leader in this market. With continued innovation and strategic partnerships, the connected apparel industry is set to revolutionize the fashion and technology sectors, providing consumers with products that enhance their lifestyles through advanced functionality and seamless connectivity.
More Reports from Transparency Market Research
Baby Car Seat Market: https://www.transparencymarketresearch.com/baby-car-seat-market.html
Online Home Decor Market: https://www.transparencymarketresearch.com/online-home-decor-market.html
Contact Us:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Connected Apparel Market Set to Grow at a Remarkable CAGR of 27.0% from 2024 to 2034 here
News-ID: 3818848 • Views: …
More Releases from Transparency Market Research
Point-of-Care Glucose Testing Market: Technological Innovations Shaping the Futu …
The global healthcare industry is undergoing a technological revolution, and Point-of-Care (POC) glucose testing is at the forefront of this transformation. As diabetes continues to impact millions of lives worldwide, the need for efficient, accurate, and timely glucose monitoring has become critical.
Newly released data from Transparency Market Research reveals that the global POC glucose testing market was valued at USD 3.7 billion in 2021 and is expected to reach USD…
Dental Dust Collector Market: Regional Insights and Forecasts to 2031
The dental dust collector market has been witnessing significant growth as the dental industry places a greater emphasis on occupational safety and adopts advanced technology.
Dental dust collectors play a crucial role in creating a clean and safe environment in dental clinics and laboratories by capturing harmful airborne particles produced during procedures such as drilling, grinding, and polishing.
Access key findings and insights from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85310
These devices…
Vacuum Insulation Panels Market Size Will Anticipated to Reach US$ 12.6 Billion, …
The vacuum insulation panels (VIPs) market represents a vital component in the global push for energy efficiency and thermal insulation solutions. VIPs are advanced thermal insulating materials that offer superior performance compared to traditional insulation products. These panels, composed of a core material enclosed within a gas-tight envelope, are widely used across industries, including construction, refrigeration, and logistics, where high thermal resistance is critical.
It is estimated to grow at a…
Aviation Lubricants Market Outlook 2031: Expanding from US$ 991.8 Million to US$ …
The aviation lubricants market is a crucial segment within the aerospace industry, encompassing specialized oils, greases, and fluids designed to enhance the performance and reliability of aircraft systems. These lubricants are essential for ensuring operational efficiency, reducing wear and tear, and maintaining safety standards across commercial, military, and general aviation sectors.
It is estimated to grow at a CAGR of 5.4% from 2023 to 2031 and reach US$ 1.6 Bn by…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
