Scope of the Study
Smart sneaker shoes are designed for sports and other forms of physical exercise. These sneaker shoes can be controlled by using a smartphone. It has 3 processors on board, a 6-axis gyroscope as well as an accelerometer. It has a capacitive sensor that detects when the user's foot is in our out of the shoe. Rising health concerns to perform indoor, as well as outdoor physical, activates & changing lifestyles and rising number of working professionals across the world are projected to drive the global smart sneaker market over the forecast period.
The market study is being classified and major geographies with country level break-up.
Nike, Inc. (United States), LiNing (China), Adidas AG (Germany), Puma SE (Germany), Ducere Technologies Pvt. Ltd. (India), Under Armour, Inc. (United States), B-Shoe (Israel), LifeBEAM (United States) and Saltedventure Inc. (South Korea) are some of the key players profiled in the study.
The Smart Sneakers market is highly fragmented with the presence of various players operating in the market. Some of the major players operating in the market are Nike, Inc. (United States), LiNing (China), Adidas AG (Germany), Puma SE (Germany), among others. Research Analyst at AMA predicts that United States and Germany Players will contribute to the maximum growth of Global Smart Sneakers market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Smart Sneakers market by Type, Application and Region.
On the basis of geography, the market of Smart Sneakers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Awareness about Healthy and Energetic Lifestyle
- Rising Number of Customer from Online Channel
- Technology Advancement regarding Smart Sneakers
- Lack of Popularity of Hiking Footwear in Various Region
- Rise Demand of E-Commerce Industry across the world
- Growing Demand from Emerging Market such a China, India and Others
- Low Adoption Rate in Developing Countries
- High Prices regarding Smear Sneaker Products
In March 2019, the Nike Company has adapted BB basketball shoe to enhanced smart sneaker. Hence, this adaption will affect the growth of market in future.
Key Target AudienceManufacturers of Smart Sneakers, Wholesalers, Distributors, and Retailers of Smart Sneakers, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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