Smart Clothing Market Worth $5.3 Billion by 2024 – Exclusive Report by MarketsandMarkets™

According to the new research report, "Smart Clothing Market by Textile Type, Product Type (Upper Wear, Lower Wear, Innerwear, and Others), End-User Industry (Military & Defense, Sports & Fitness, Fashion & Entertainment, Healthcare), and Geography – Global Forecast to 2024", published by MarketsandMarkets™, the Smart Clothing Market is likely to grow from USD 1.6 billion in 2019 to USD 5.3 billion by 2024; it is expected to grow at a CAGR of 26.2%. The growth of this market is driven mainly by factors such as rising demand for monitoring bodily activities through the sensor, and increasing adoption of smart clothes for various end-user industries. Growing awareness about the need for sports & fitness is expected to create significant growth opportunities for players in the smart clothing market during the forecast period.

Leave a Reply

Your email address will not be published. Required fields are marked *