US Smart Shoes Market

US Smart Shoes Market Size, Share & Trends Analysis Report By End-Users (Men and Women), By Distribution Channel (Online, Supermarket/Hypermarket, and Specialty Stores Forecast Period 2020-2026)
    Update Available - Forecast 2024-2030   

Published: Oct 2020 | Report Code: OMR2022492 | Category : Consumer Goods | Delivery Format: /

The US smart shoes market is anticipated to grow at a lucrative CAGR during the forecast period. Smart shoes are a kind of personal assistant that assists in staying healthy with minimal input, and interaction. The growth of the market is mainly attributed to the high purchasing power of the people across the US. The presence of a large number of software companies engaged in advancing technologies from smart wearables including smart shoes is also expected to propel the growth of the market. However, the low awareness for the product among the older population is can challenge the growth of the smart shoe market during the forecast period.

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The US smart shoes market is segmented based on end-users and distribution channels. Based on the end-users, the market is sub-segmented into men and women. Men's smart shoe segment is expected to have a major market share during the forecast period. By distribution channel, the market is sub-segmented into online, supermarket/hypermarket, and specialty stores. Online segment will hold a significant market share with a considerable growth rate during the forecast period. 

As of now, the US smart shoes market is a consolidated market however many new start-ups are expected to enter the market during the forecast period. The key players of the US smart shoes market include GTX Corp, Nike Inc., Under Armour, Inc., Zhortech, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations with government, new product launch, expansion, and funding to stay competitive in the market. 

Research Methodology

The market study of the US smart shoes market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring more authenticity to the reports.

Secondary Sources Include

  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.

The report is intended for sensor development-related companies, shoe manufacturers & distributors, research organizations, government, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

  1. US Smart shoes Market Research and Analysis by End-Users
  2. US Smart shoes Market Research and Analysis by Distribution Channel

The Report Covers

  • Comprehensive research methodology of the US smart shoes market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the US smart shoes market.
  • Insights about market determinants which are stimulating the US smart shoes market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

1. Report Summary

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

2.3. Rules & Regulations

3. Competitive Landscape

3.1. Key Company Analysis

3.1.1. Overview

3.1.2. Financial Analysis

3.1.3. SWOT Analysis

3.1.4. Recent Developments

3.2. Key Strategy Analysis

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. US Smart Shoes Market by End-Users

5.1.1. Men

5.1.2. Women

5.2. US Smart Shoes Market by Distribution Channel

5.2.1. Online

5.2.2. Hypermarket/Supermarket

5.2.3. Specialty Stores

6. Company Profiles

6.1. Adidas AG

6.2. Altra(VF Corp.)

6.3. B-Shoe Technologies Ltd. 

6.4. GTX Corp

6.5. Nike, Inc. 

6.6. Pepper Gate Footwear Inc.

6.7. Plantiga Technologies Inc. 

6.8. Sensoria

6.9. Under Armour, Inc.

6.10. Zhortech

1. US SMART SHOES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2019-2026 ($ MILLION)

2. US SMART SHOES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)


1. US SMART SHOES MARKET SHARE BY END-USERS, 2019 VS 2026(%)

2. US SMART SHOES MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026(%)

3. US SMART SHOES FOR MEN MARKET SIZE, 2019-2026 ($ MILLION)

4. US SMART SHOES FOR WOMEN MARKET SIZE, 2019-2026 ($ MILLION)

5. US ONLINE SMART SHOES MARKET SIZE, 2019-2026 ($ MILLION)

6. US HYPER MARKET/SUPERMARKET SMART SHOES MARKET SIZE, 2019-2026 ($ MILLION)

7. US SPECIALTY STORES SMART SHOES MARKET SIZE, 2019-2026 ($ MILLION)