Smart Shoe Market to Touch USD 6.51 Billion at 32 % CAGR by 2023 | Demand for Smart Wearable to Positively Impact Market Growth
Market Research Future ( MRFR ) Discuss Impact of COVID-19 on Multilayer Transparent Conductors Market . North America to Spearhead Smart Shoe Market
Market Analysis
The global smart shoe market is likely to touch USD 6.51 billion at a whopping 32 % CAGR between 2017- 2023 states the recent Market Research Future ( MRFR ) analysis . Smart shoes , simply put , are a smart footwear technology . This shoe adopts smartphone applications for supporting tasks that cannot be done through standard footwear . Right from evaluating health metrics , tracking fitness to measuring athletic performance , these shoes offer a plethora of benefits to fitness freaks . Smart shoes are equipped with functionalities like location monitoring , gait tracking , in-depth run tracking , activity tracking , and more . Such shoes can be utilized by consumers for mHealth as well as in the enterprise that offers organizations the ability to monitor the health of workers .
Various factors are propelling the global
smart shoe industry share . As per the current MRFR report , such factors include growing popularity of smart wearable , increasing adoption of technology , trendy look of such shoes , increasing health awareness , rising participation in