Smart Shoe Market – Global Opportunities & Forecast, 2020-2027
The increasing popularity of smart wearables and continuous product innovation to capture the growing demand for smart shoes are the two major factors that are boosting the growth of the smart shoe market. The growing popularity of smart wearables and the emerging trend of participating in different sports and fitness activities are the significant factors that are surging the demand of the smart shoe market in the coming years. Numerous multinational giants are emphasizing on product innovation, such as the development of smart shoe with an improved comfort level to attract new consumers base to opt for these shoes. For example, Nike recently launched the innovative self-lacing HyperAdapt 1.0 shoes, with pressure sensors in the soles that sense when the foot is inside the shoes and allows automatic lacing. Moreover, the rising adoption of athleisure and fitness and the accelerating demand for sneakers will further enhance the growth of the smart shoe market size. These ...