The size of the global smart clothing market is expected to grow at a CAGR of 17%

Pune, India, Sept. 20, 2022 (GLOBE NEWSWIRE) — According to MarketStudyReport, this analysis of global spending on smart clothing market is expected to register a decent CAGR of around 17% during the forecast period 2022-2028.

Apart from this, the document discusses major challenges that may affect the growth trajectory of the business while disclosing precise solutions to offset their impact on revenue.

Talking about overall market size and scope, it has been categorized based on product type, operating system, end-user, connectivity, sales channel, and application vertical. Extensive coverage of each segment in terms of size, revenue margins and outlook has been included so that stakeholders can identify the best candidates for the coming years.

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Additionally, the competitive landscape of the industry is examined in terms of product/service offerings, business overview, profit scope, technical breakthroughs, strategic alliances, and financial condition.

Major factors such as huge increase in living standards and rising popularity of wireless sports and fitness devices among the general public are attributed to the expansion of the market over the analysis period.

Also, the growing adoption of the products by athletes, swimmers, cyclists, gym goers and runners to effectively track many facets such as stationery time, activity time, calorie count burned, etc. is likely to discover new market compensation opportunities in the coming years.

Sector outlook: –

On the basis of product type, the smart watches segment is expected to contribute substantially to market revenue through 2028. smart wearables is poised to register notable gains over the forecast period.

In terms of connectivity, the WiFi segment is expected to show tremendous growth over the analysis period. On the basis of sales channel, the conventional retail segment is expected to grow at leaps and bounds in the coming years.

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Regional overview: –

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa are the key geographies contributing to the overall market revenue during the period. ‘to analyse.

Summary of Competitive Framework:-

BBK Group, Google LLC, Apple Inc., Sony Corporation, Amazon.com, Inc., Garmin Ltd., Fossil Group, Inc., Samsung Electronics Co., Ltd., Huawei Technologies Co., Ltd., Bose Corporation, NUHEARA FPO., TRUMPF Group, Xiaomi Corporation and Under Armor Inc. among others are major players influencing the analysis of global smart wearable device market trends spending.

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Global Smart Wearable Devices Market Spending Analysis, by Product Type (Value, USD Million, 2018-2028)

Basic Smartphones

Advanced Smartphones

  • Cellular
  • Non-cellular
  • Eyeglasses
  • Listen to portable devices
  • shoes and shoes
  • Health clothes
  • smart jewelry
  • Emerging Clothing
  • Patient gowns and vests
  • Data Gloves
  • Head-mounted displays
  • Auxiliary portable accessories
  • Caps and Gloves

Global Smart Wearable Devices Market Spending Analysis, by Operating System (Value, USD Million, 2018-2028)

  • Fitbit operating system
  • Wear the operating system
  • Tizen operating system
  • Watch operating system
  • Others

Global Smart Wearable Devices Market Spending Analysis, By Connectivity (Value, USD Million, 2018-2028)

  • Cellular data
  • WIRELESS
  • Bluetooth
  • Near field communication

Global Smart Wearable Devices Market Spend Analysis, By End User (Value, USD Million, 2018-2028)

  • Sports and fitness
  • Military
  • Transportation
  • Industrial and Commercial
  • Health care
  • Individual
  • Others

Global Smart Wearable Devices Market Spend Analysis, by Sales Channel (Value, USD Million, 2018-2028)

  1. Modern retail
  • Hypermarkets
  • Supermarkets
  • Offline
  • On line
  • Grocery
  • Specialty and discount stores
  1. Conventional retail

Global Smart Wearable Devices Market Spending Analysis, by Application (Value, USD Million, 2018-2028)

  • Fashion & Lifestyle
  • security safety
  • Auxiliary apps
  • Infotainment
  • Health and medicine
  • Fitness and well-being

Global Smart Wearable Devices Market Spending Analysis, by Region (Value, USD Million, 2018-2028)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Smart Wearable Devices Market Spending Analysis, Company Profiles (Value, USD Million, 2018-2028)

  • B.B.K. Group
  • Google LLC
  • Apple Inc.
  • Sony Company
  • Amazon.com, Inc.
  • Garmin Ltd.
  • Fossil Group, Inc.
  • Samsung Electronics Co., Ltd.
  • Huawei Technologies Co., Ltd.
  • Bose Corporation,
  • NUHEARA FPO.
  • TRUMPF Group
  • Xiaomi Corporation
  • Under Armor Inc.

Contents:

1. Presentation of the market

1.1. Scope of the study

1.2. Statement of the problem

1.3. Market segmentation

2. Assumptions and acronyms

3. Executive Summary

3.1. World market in 2022

3.2. Analyst Opinions and Recommendations

3.3. Growth opportunities and key strategies

3.4. Supply and demand side trends

4. Research methodology

5. Analysis of the impact of COVID-19 and the way forward

6. Market indicators and context

6.1. Macroeconomic factors

6.1.1. World population overview and forecast

6.1.2. Global internet user by region

6.1.3. Income per capita by selected countries

6.1.4. Consumer spending on smart wearables by region

6.2. Forecast factors

6.3. Supply chain and value chain analysis

6.3.1. raw material suppliers

6.3.1.1. Semiconductor producers

6.3.1.2. Plastic Component Suppliers

6.3.1.3. Textile and clothing suppliers

6.3.1.4. Auxiliary Electronic Component Suppliers

6.3.2. Smart Clothing Manufacturers

6.3.3. Key end users

6.4. Industry SWOT Analysis

6.5. PESTLE analysis

6.6. Porter’s Five Forces Analysis

7. Government Laws and Industry Regulations

8. Global and Regional Market Dynamics

8.1. Drivers

8.2. Constraints

8.3. Tendencies

8.4. Opportunities

9. Global Smart Wearable Devices Market: Key Investment Analysis

9.1. By electronics and semiconductor companies

9.2. By sensor and component suppliers

9.3. Per end user

9.4. By region

9.5. Mergers and acquisitions activities

10. Regional penetration of smart wearable devices

11. Contract Manufacturing vs. In-house Manufacturing

11.1. Margin analysis

11.2. Cost analysis

12. Price Analysis

12.1. By product type

12.2. By sales channel

12.3. By region

12.3.1. North America

12.3.2. Western Europe

12.3.3. Eastern Europe

12.3.4. Asia Pacific

12.3.5. Latin America

12.3.6. Middle East and Africa

13. Parent Market Overview

13.1. Global Consumer Goods Market by Value (Million US$) and Volume (Million Units)

13.2. Global Wearables Market by Value (Million US$) and Volume (Million Units)

13.2.1. Conventional watch

13.2.2. Medical clothing

13.2.3. fitness clothing

13.2.4. Audiences/Listeners

13.2.5. Clothes and Clothing

13.2.6. shoes and shoes

14. Global Installed Base: Smart Wearables vs Conventional Wearables

14.1. By region

14.2. By Brands

14.3. By category

15. Segmental analysis

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