Smart Shoes Market Size, Share, Growth Analysis, By Product Type(Smart Walking Shoes, Smart Running Shoes, Smart Sports Shoes), By Distribution channel(Supermarket/Hypermarket, Specialty Store, Online Store), By Region - Industry Forecast 2024-2031

Smart Shoes Market size was valued at USD 162.38 billion in 2021 and is poised to grow from USD 175.03 billion in 2022 to USD 341.16 billion by 2030, growing at a CAGR of 8.70% in the forecast period (2023-2030).

The global smart shoes market is expected to witness growth driven by several factors. Traditional shoes offer comfort during walking, but by incorporating electronics into them, the consumer experience can be elevated to new heights. This advancement has led to the creation of Smart Shoes, where sensors, Bluetooth, Navigation Trackers, and self-lacing techniques are seamlessly integrated with conventional footwear. Smart Shoes revolutionize the way individuals are monitored during physical activities such as walking or running. They provide real-time information on metrics like distance traveled, pulse level, and calories burned, making them particularly beneficial for people aiming to combat obesity. The increasing popularity of the internet and technological innovations has fostered a greater acceptance of smart gadgets, with rising disposable incomes further fueling their adoption. Smart shoes act as a single device that integrates various aspects of daily life, connecting effortlessly to smartphones via Bluetooth. This connectivity allows constant monitoring of phone notifications while the user is on the move, ensuring a well-rounded and enhanced user experience.

US Smart Shoes Market is poised to grow at a sustainable CAGR for the next forecast year.