Summary
Global Smart Shoes Market, By Product Type (Smart Walking Shoes, Smart Running Shoes, Smart Sports Shoes), By End-User (Men, Women), By Distribution Channel (Supermarket/Hypermarket, Specialty Store, Online Store) and opportunities and forecast 2020-2027
Covid-19 Impact on Smart Shoes Market: Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Smart Shoes Market Overview Smart shoes are smart technology footwear. These shoes have several new features such as a Wi-Fi hotspot, self-lacing technology, GPS, and others. With those ‘larger than life’ features, making it just regular footwear. Some key factors are positively affecting the growth of the global smart shoes market. People across the world are becoming more health-conscious. Hence, many people are inclined towards strict workouts and fitness activities. It ultimately increases the sales of shoes across the world. Certainly, such a trend is helping to boost the growth of the global smart shoes market.
Additionally, technological advancements in smart shoes also help to gain popularity amongst the people. These smart shoes come with a navigation tracker and self-lacing technology. They also help track the physical performance of the end-user, hence increasing their adoption in the sports industry. In addition, increasing brand awareness activities along with promotions, and product launches are helping to keep customers enticed and curious. Also, the changing lifestyles of the people and growth in their disposable income have helped the notable brands to market their new products. This key fact propelling the growth of the global smart shoes market.
Smart Shoes Market Segment Overview Based on the products, smart running shoes account for a major share of the market. Smart running shoes come with options that help the end-user track the distance covered as well as calories burnt. Also, customers can see this data through different connected apps on a smartphone or other devices. To help these customers, manufacturers are focusing on innovating smart running shoes. The product is anticipated to gain a good grip among sports personnel and professional athletes. It is eventually fruitful for the global smart shoes market expansion in the forthcoming years.
Furthermore, based on the end-user, the men segment accounts for a higher value share. This is because the majority of men choose sports to remain healthy. Also, some are passionate about their sport and try to make a career in the same. Therefore, space for smart shoes by men also contributing more to the development of the market in the next few years.
Smart Shoes Market Regional Overview Region-wise, North America commanded a major share of the market. This is due the growing health awareness among people and early use of the latest technologies and products in the region. Similarly, Asia Pacific is expected to expand with an impressive CAGR over the forecast period. This is because of the rapidly evolving lifestyles in developing countries such as India and China.
Smart Shoes Market Competitor overview · In June 2019, Nike launched a new series of shoes in the market called the ‘Adapt BB’. This new series of shoes have features such as self-lacing that can be controlled through an app on the user’s smartphone.
· In February 2019, Xiaomi Corporation announced that the company is now ready to launch its much-awaited smart shoes series in India. The expected launch date is yet to be revealed and it is anticipated that the series will be a successor to the hugely popular Mijia Sneakers. The current smart shoes series Mijia Sneakers 2 is readily available in the chinese market.
Smart Shoes Market, Key Players · Adidas AG
· TRAQShoe
· Xiaomi Corporation
· Nike Inc.
· Salted Venture
· Puma SE
· Digitsole
· Under Armour Inc.
· Vivobarefoot Limited
· Zhor-Tech
Smart Shoes Market Segmentation Smart Shoes Market, By Product Type
· Smart Walking Shoes
· Smart Running Shoes
· Smart Sports Shoes
Smart Shoes Market, By End-User
· Men
· Women
Smart Shoes Market, By Distribution Channel
· Supermarket/Hypermarket
· Specialty Store
· Online Store
Smart Shoes Market, By Region
North America
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
Table of Contents
1. Introduction 1.1. Research Scope 1.2. Market Segmentation 1.3. Research Methodology 1.4. Definitions and Assumptions 2. Executive Summary 3. Market Dynamics 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. Key Insights 4.1. Key Emerging Trends – For Major Countries 4.2. Latest Technological Advancement 4.3. Regulatory Landscape 4.4. Industry SWOT Analysis 4.5. Porters Five Forces Analysis 5. Global Smart Shoes Market Analysis (USD Billion), Insights and Forecast, 2020-2027 5.1. Key Findings / Summary 5.2. Market Analysis, Insights and Forecast – By Product Type5.2.1. Smart Walking Shoes 5.2.2. Smart Running Shoes 5.2.3. Smart Sports Shoes 5.3. Market Analysis, Insights and Forecast – By End-User 5.4. Market Analysis, Insights and Forecast – By Distribution Channel5.4.1. Supermarket/Hypermarket 5.4.2. Specialty Store 5.4.3. Online Store 5.5. Market Analysis, Insights and Forecast – By Region5.5.1. North America 5.5.2. Latin America 5.5.3. Europe 5.5.4. Asia Pacific 5.5.5. Middle East and Africa 6. North America Smart Shoes Market Analysis (USD Billion), Insights and Forecast, 2020-2027 6.1. Key Findings / Summary 6.2. Market Analysis, Insights and Forecast – By Product Type6.2.1. Smart Walking Shoes 6.2.2. Smart Running Shoes 6.2.3. Smart Sports Shoes 6.3. Market Analysis, Insights and Forecast – By End-User 6.4. Market Analysis, Insights and Forecast – By Distribution Channel6.4.1. Supermarket/Hypermarket 6.4.2. Specialty Store 6.4.3. Online Store 6.5. Market Analysis, Insights and Forecast – By Country 7. Latin America Smart Shoes Market Analysis (USD Billion), Insights and Forecast, 2020-2027 7.1. Key Findings / Summary 7.2. Market Analysis, Insights and Forecast – By Product Type7.2.1. Smart Walking Shoes 7.2.2. Smart Running Shoes 7.2.3. Smart Sports Shoes 7.3. Market Analysis, Insights and Forecast – By End-User 7.4. Market Analysis, Insights and Forecast – By Distribution Channel7.4.1. Supermarket/Hypermarket 7.4.2. Specialty Store 7.4.3. Online Store 7.5. Insights and Forecast – By Country7.5.1. Brazil 7.5.2. Mexico 7.5.3. Rest of Latin America 8. Europe Smart Shoes Market Analysis (USD Billion), Insights and Forecast, 2020-2027 8.1. Key Findings / Summary 8.2. Market Analysis, Insights and Forecast – By Product Type8.2.1. Smart Walking Shoes 8.2.2. Smart Running Shoes 8.2.3. Smart Sports Shoes 8.3. Market Analysis, Insights and Forecast – By End-User 8.4. Market Analysis, Insights and Forecast – By Distribution Channel8.4.1. Supermarket/Hypermarket 8.4.2. Specialty Store 8.4.3. Online Store 8.5. Market Analysis, Insights and Forecast – By Country8.5.1. UK 8.5.2. Germany 8.5.3. France 8.5.4. Italy 8.5.5. Spain 8.5.6. Russia 8.5.7. Rest of Europe 9. Asia Pacific Smart Shoes Market Analysis (USD Billion), Insights and Forecast, 2020-2027 9.1. Key Findings / Summary 9.2. Market Analysis, Insights and Forecast – By Product Type9.2.1. Smart Walking Shoes 9.2.2. Smart Running Shoes 9.2.3. Smart Sports Shoes 9.3. Market Analysis, Insights and Forecast – By End-User 9.4. Market Analysis, Insights and Forecast – By Distribution Channel9.4.1. Supermarket/Hypermarket 9.4.2. Specialty Store 9.4.3. Online Store 9.5. Market Analysis, Insights and Forecast – By Country9.5.1. China 9.5.2. India 9.5.3. Japan 9.5.4. Australia 9.5.5. South East Asia 9.5.6. Rest of Asia Pacific 10. Middle East & Africa Smart Shoes Market Analysis (USD Billion), Insights and Forecast, 2020-2027 10.1. Key Findings / Summary 10.2. Market Analysis, Insights and Forecast – By Product Type10.2.1. Smart Walking Shoes 10.2.2. Smart Running Shoes 10.2.3. Smart Sports Shoes 10.3. Market Analysis, Insights and Forecast – By End-User 10.4. Market Analysis, Insights and Forecast – By Distribution Channel10.4.1. Supermarket/Hypermarket 10.4.2. Specialty Store 10.4.3. Online Store 10.5. Market Analysis, Insights and Forecast – By Country10.5.1. GCC 10.5.2. South Africa 10.5.3. Rest of Middle East & Africa 11. Competitive Analysis 11.1. Company Market Share Analysis, 2018 11.2. Key Industry Developments 11.3. Company Profile 11.4. Adidas AG11.4.1. Business Overview 11.4.2. Segment 1 & Service Offering 11.4.3. Overall Revenue 11.4.4. Geographic Presence 11.4.5. Recent Development *Similar details will be provided for the following companies
11.5. TRAQShoe 11.6. Xiaomi Corporation 11.7. Nike Inc. 11.8. Salted Venture 11.9. Puma SE 11.10. Digitsole 11.11. Under Armour Inc. 11.12. Vivobarefoot Limited
List of Figures
List of Figures
