The “Smart Connected Clothing – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Smart Connected Clothing Market to Reach $2.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Smart Connected Clothing estimated at US$241.7 Million in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2027, growing at a CAGR of 37.2% over the analysis period 2020-2027.
Men, one of the segments analyzed in the report, is projected to record a 39.4% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Women segment is readjusted to a revised 36.1% CAGR for the next 7-year period.
The U. S. Market is Estimated at $73.1 Million, While China is Forecast to Grow at 35% CAGR