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14-Jan-2020

Smart Clothing Market research to Exhibit Significant Incremental Dollar Opportunity During the Forecast Period 2019 – 2029

VALLEY COTTAGE, N.Y. – Smart Clothing MarketMarket definition

One of the popular trends in consumer data science currently is the term of “wearable tech”. When people think of wearable, they often think of the wearing smart devices such as smart watches, fitness monitors, and heart rate monitors that are typically worn on the wrist. However, the wearable market ranges well beyond the standard devices and into multiple emerging markets across various industries. One such emerging market is “Smart Clothing”. Smart clothing is also sometimes referred as monitor clothing, smart garments, smart wear, electronic textiles, high tech clothing smart textiles, e-textiles, or smart fabrics

Smart clothing is the next generation of clothes that have value added features such as blood pressure monitors, glucose monitors, ECG monitors, and others. Smart clothes use advanced textiles and fabrics that contains sensors and additional hardware to give it its smart functionality. These sensors and hardware’s are connected with as app or a program via Bluetooth or Wi-Fi. Smart clothing is revolutionizing the healthcare industry. The widespread use of smart clothing garments used to monitor health and help to reduce reliance on costly equipment for treatments.

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Smart Clothing Market: Drivers & Challenges

As smart clothing garments are in direct contact with about 90% of skin surface, smart sensors placed in the smart clothing provides home-based and ambulatory health monitoring patents. With the rise in various chronic diseases such as diabetes, heart disease, cancer and respiratory disorders is propelling the growth of smart clothing market.

However, the lack of willingness of healthcare companies to invest in research of smart clothing, low awareness of smart garments, and high cost of smart garments are some of the factors that hindering the growth of smart clothing market.

Preview Analysis of Smart Clothing Market – Global Industry Analysis 2014 – 2018 and Opportunity Assessment 2019 – 2029 – https://www.futuremarketinsights.com/reports/smart-clothing-market

Smart Clothing Market: Regional Outlook

Among all the regional markets, the market in North America is estimated to record a significant growth due to presence of intelligent garments providers. Whereas, Asia Pacific smart clothing markets are expected to record the strong adoption rates during the forecast period.

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Smart Clothing Market: Competition Landscape

Key Players

Hexoskin; Under Armour; Microsoft; Google and others.

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Last Updated: 14-Jan-2020