Global Smart Shoe market
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Global Smart Shoe market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 19% through 2020 to 2027, reaching US$ XX Mn.
Global Smart Shoe Market
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Smart shoes are smart technology footwear in which the shoe insoles are digitally connected that facilitates its user to track the calories burned, distance traveled, and other health-specific biometric data. Also, growing demand for sneakers are projected to motivate manufacturers to integrate smart technology in the shoe to provide to the growing demand. For Instance, Armour, Inc. presented its modern smart shoe HOVR Sonic2, which can be connected with smartphones and displays features like distance tracking, step, and instant health statistics. The global Smart Shoe market is driven by the rising popularity of smart wearables of increased participation in sports and increasing health awareness. However, the high cost of the product and continuous product invention from various competitors are hindering the market growth at the global level. Technological developments in traditional shoes to increase comfort, convenience, and health are expected to create beneficial opportunities for the key player in the market during the forecast period.
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|Target Nation: England|
Target City : Pune, Maharashtra, India
Last Update : 06 August 2020
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|Item Owner : maximize market research|
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