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Smart Shoes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global smart shoes market size reached US$ 226.92 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 585.07 Million by 2027 exhibiting a CAGR of 16.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Smart shoes refer to a smart technology footwear worn to provide enhanced comfort and protection while walking, running, and performing physical activities. They are digitally connected to smartphone applications and are embedded with monitoring navigation and positioning, electronic systems, microchips, pressure sensors, and a battery. Smart shoes are widely used to provide personalized feedback to analyze fatigue, health, steps, calories, posture, and create precise data. They are commonly available in a wide variety of colors, sizes, and designs that can also be personalized with illustrations. As compared to standard shoes, smart shoes consist of inertial-magnetic measurement units used for gait analysis and have pressure sensors used to provide information on the distribution of body weight and monitor performance.

 

 
 

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Smart Shoes Industry Trends and Drivers:

The significant growth in the sports industry across the globe is creating a positive outlook for the market. Smart shoes are widely utilized to improve performance, provide cushioning to the foot, and enhance comfort. In line with this, the increasing participation in sports-related and fitness activities is favoring the market growth. With the rising health consciousness, consumers are widely adopting smart shoes for maintaining a daily record of the activities to track progress. Moreover, various technological advancements, such as the introduction of navigation tracker and self-lacing technology, are providing an impetus to the market growth. These shoes consist of pressure sensors in the soles that sense the foot inside the shoes and allow automatic lacing. Additionally, the increasing demand for smart wearables for easy and portable tracking and mentoring of the day-to-day activities and fitness levels are positively impacting the market growth. Apart from this, the increasing popularity of e-commerce channels, along with the rising expenditure capacities of consumers, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global smart shoe market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, distribution channel and end user.

Breakup by Product Type:

 

 
 

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  • Smart Walking Shoes
  • Smart Running Shoes
  • Smart Sports Shoes
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
     

Breakup by End User:

  • Men
  • Women
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alegria, Digitsole, Intellinium, Nike Inc., Puma SE, Salted Ltd., SolePower, Under Armour Inc., Vivobarefoot, Xiaomi Inc. and Zhor-Tech.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Product Type, Distribution Channel, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered  Alegria, Digitsole, Intellinium, Nike Inc., Puma SE, Salted Ltd., SolePower, Under Armour Inc., Vivobarefoot, Xiaomi Inc. and Zhor-Tech.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global smart shoes market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global smart shoes market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global smart shoe market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Smart Shoe Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Smart Walking Shoes
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Smart Running Shoes
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Smart Sports Shoes
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Distribution Channel
    7.1    Supermarkets and Hypermarkets
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Specialty Stores
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Online Stores
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by End User
    8.1    Men
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Women
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Alegria
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Digitsole
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Intellinium
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Nike Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Puma SE
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Salted Ltd.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    SolePower
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Under Armour Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Vivobarefoot
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Xiaomi Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    Zhor-Tech
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Smart Shoe Market: Major Drivers and Challenges
Figure 2: Global: Smart Shoe Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Smart Shoe Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Smart Shoe Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Smart Shoe Market: Breakup by End User (in %), 2021
Figure 7: Global: Smart Shoe Market: Breakup by Region (in %), 2021
Figure 8: Global: Smart Shoe (Smart Walking Shoes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Smart Shoe (Smart Walking Shoes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Smart Shoe (Smart Running Shoes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Smart Shoe (Smart Running Shoes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Smart Shoe (Smart Sports Shoes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Smart Shoe (Smart Sports Shoes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Smart Shoe (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Smart Shoe (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Smart Shoe (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Smart Shoe (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Smart Shoe (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Smart Shoe (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Smart Shoe (Men) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Smart Shoe (Men) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Smart Shoe (Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Smart Shoe (Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North America: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North America: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United States: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United States: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Canada: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Canada: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Asia-Pacific: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Asia-Pacific: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: China: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: China: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Japan: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Japan: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: South Korea: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: South Korea: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Australia: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Australia: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Indonesia: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Indonesia: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Others: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Others: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Europe: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Europe: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Germany: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Germany: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: France: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: France: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United Kingdom: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United Kingdom: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Italy: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Italy: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Spain: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Spain: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Russia: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Russia: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Latin America: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Latin America: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Brazil: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Brazil: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Mexico: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Mexico: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Middle East and Africa: Smart Shoe Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Middle East and Africa: Smart Shoe Market: Breakup by Country (in %), 2021
Figure 72: Middle East and Africa: Smart Shoe Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Global: Smart Shoe Industry: SWOT Analysis
Figure 74: Global: Smart Shoe Industry: Value Chain Analysis
Figure 75: Global: Smart Shoe Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Smart Shoe Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Smart Shoe Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Smart Shoe Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Smart Shoe Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Smart Shoe Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Smart Shoe Market: Competitive Structure
Table 7: Global: Smart Shoe Market: Key Players


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