Smart Clothing Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2023-2030
Analysis from GMI Research finds that the Smart Clothing Market earned revenues of USD 3.1 billion in 2022 and forecast to touch USD 19.8 billion in 2030 will grow at a CAGR of 26.1% from 2023-2030.
Overview of the Smart Clothing Market Report
Smart clothing refers to textile, which is equipped with electronic components, such as transmitters, receivers, and sensors. In other words, smart clothing is an advanced fusion of fashion and technology. It represents the next generation of clothing, which can track individuals’ biometric and respond to a changing environment with many more additional functions. Unlike other wearable devices, smart clothes do not require charging and are the next normal for the clothing industry. Smart clothing also prevents training injuries and overload and enhances workout efficiency, thus leading to the surge in the global smart clothing market’s overall growth.
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Market Dynamic
Key Drivers and Emerging Trends
High demand from professional athletes will increase the adoption of the smart clothing, thus contributing to the global smart clothing market’s growth. Data analysis tools like pattern recognition, machine learning, and statistical procedures make a major impact on the players’ performance, which aims to effectively schedule the workout and training, prevent injury during heavy load sessions, etc. Smart clothing aims to offer attractive features that attract the professional sportsperson. For example, in 2018, DuPont launched Intexar smart clothing technology that enables correction of the work, and regular monitoring, which has influenced the consumers to buy the smart clothes. Furthermore, the rise in electronic devices in day-to-day life is another major factor for expanding the global smart clothing market size. Smart clothing is being claimed as the next big market move for IoT. Thus, the sector’s continuous adoption of IoT will adequately uplift the spectrum of the market.
The rise in the need for global telemonitoring and telemedicine in healthcare is a major factor that is promoting the adoption of smart clothing across the nations. For instance, according to WHO, mobile health will be soon adopted by 90% of the population by the end of 2030. The smart clothes monitor the wearer’s heart rate, breathing, and body temperature. This adoption will be cost-effective for the patients and reduce the number of hospital visits, thus leading to more active lifestyles. This trend in the healthcare sector of telemedicine and remote monitoring of the patient will create opportunities for the global smart clothing market.
Restraint in the Smart clothing Market
However, smart clothes’ high production costs is one of the major factor that is expected to hinder the global smart clothing market’s growth.
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Type – Segment Analysis
Based on the type, the active segment is expected to dominate the global smart clothing market. Active type smart clothing can sense and react to the changes in the external environment or stimuli. This is useful for the end-use industry like sports, which helps in monitoring the heart rate, muscle activity, breathing rate, etc., that are utilized to optimize workout plans and performed professionally.
End User – Segment Analysis
Based on the end-user, sports & fitness is expected to dominate the global smart clothing market over the forecast period. DuPont launched a smart garment for football club Barcelona, using Intexar technology for ECG and respiratory rate measurements, which has driven the growth of the sports and fitness segment. Smart clothing is all set to supercharge the sports & fitness industry; for instance, according to “European Sport Development and Leisure Studies” Europe’s’ sports and fitness industry is anticipated to witness significant growth by 33% from 2015-2023, respectively. Smart clothes act as a personal coach for the athletes and promise to transform the sports & fitness industry over the upcoming decades.
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Regional – Segment Analysis:
Based on the region, the North America region is expected to capture a significant share in the global smart clothing market over the forecast period. The majority of the smart clothing players such as Athos, Sensoria, and DuPont are primarily located in the U.S., which is acting as a major factor for the growth of the smart clothing market in the region. Adding on, the adoption of smart clothing by the U.S. military, for instance, according to “American Military Institute”, U.S. army uses smart clothing, mainly sensors for the soldiers’ continuous monitoring, which has created the demand for smart clothing in this region.
Top Market Players
Various notable players operating in the market include AiQ Smart Clothing, Athos, Carré Technologies inc., Sensoria, Myzone, MAD Apparel Inc., CUTECIRCUIT, OMsignal Inc., Applycon, s.r.o., and DuPont., among others.
Key Developments:
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- In 2019, DuPont, launched a smart garment for football club Barcelona, using Intexar technology for ECG and respiratory rate measurements. This helped in the expansion of the product portfolio of the company, which led to more revenue generation from the product line.
- In 2018, DuPont officially launched Intexar smart clothing technology. This innovation is now part of the company, through which it is helping in the expansion of the smart clothing industry.
Segments Covered in the Report:
The global Smart clothing market has been segmented based on type, product, connectivity, end user, and regions. Based on type, the market is segmented into passive, active, and ultra-smart. Based on product, the market is segmented into apparel, footwear, wearable patches, and others. Based on Connectivity, the market is segmented into Wi-Fi, Bluetooth, GPS and RFID. Based on end user, the market is segmented into healthcare, sports & fitness, fashion & lifestyle, and military.
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Key questions answered in this research report:
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- At what pace is global smart clothing market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in smart clothing market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global smart clothing market?
- Which type generated maximum revenues in 2019 and identify the most promising type during the forecast period?
- What are the various product areas of global smart clothing market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Revenues (2022) |
USD 3.1 billion |
Market Base Year |
2022 |
Market Forecast Period |
2023-2030 |
Base Year & Forecast Units |
Revenues (USD billion) |
Market Segment | By Type, By Product, By Connectivity, By End User, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | AiQ Smart Clothing, Athos, Carré Technologies inc., Sensoria, Myzone, MAD Apparel Inc., CUTECIRCUIT, OMsignal Inc., Applycon, s.r.o., and DuPont., among others; a total of 10 companies covered |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Smart clothing Market by Type
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- Passive
- Active
- Ultra-Smart
Global Smart clothing Market by Product
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- Apparel
- Footwear
- Wearable Patches
- Others
Global Smart clothing Market by End User
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- Healthcare
- Sports and Fitness
- Fashion and Lifestyle
- Military
Global Smart clothing Market by Region
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North America Smart clothing Market (Option 1: As a part of the free 25% customization)
- By Type
- By Product
- By End User
- US Market All-Up
- Canada Market All-Up
-
Europe Smart clothing Market (Option 2: As a part of the free 25% customization)
- By Type
- By Product
- By End User
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
-
Asia-Pacific Smart clothing Market (Option 3: As a part of the free 25% customization)
- By Type
- By Product
- By End User
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
-
RoW Smart clothing Market (Option 4: As a part of the free 25% customization)
- By Type
- By Product
- By End User
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
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Major Players Operating in the Smart clothing (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- AiQ Smart Clothing
- Athos
- Carré Technologies inc.,
- Sensoria
- Myzone
- MAD Apparel Inc.,
- CUTECIRCUIT
- OMsignal Inc.,
- Applycon, s.r.o.,
- DuPont
- Published Date: Jan- 2023
- Report Format: Excel/PPT
- Report Code: UP1715-001001
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Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
Smart Clothing Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2023-2030
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