Furthermore, connected technology for a better run with wearable fitness trackers and smart clothing is driving the market. The smart shoes market outlook states that the changing design and fashion along with the higher penetration of the latest technology into the footwear industry is anticipated to raise market demand. The market is expected to hold a share of US$ 269 million in 2023 while it is anticipated to cross a value of US$ 2.1 billion by 2033.
The smart shoes market is likely to expand its roots at a robust CAGR of 22.7% during the forecast period. Smart Shoes Market Outlook (2023 to 2033)