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ksm 24.10.31
Smart Socks Market Growth & Trends:
The global smart socks market size is anticipated to reach USD 110.3 million by 2030 and is projected to grow at a CAGR of 9.8% during the forecast period, according to a new report by Grand View Research, Inc. Advancements in textile technology are also propelling the smart socks market, making smart wearables more comfortable and practical for everyday use. Innovations in fabric design and materials have led to the development of breathable, stretchable, and moisture-wicking textiles that seamlessly integrate sensors without compromising comfort. These advancements ensure that smart socks can be worn for extended periods without causing discomfort, making them more appealing to a broader audience.
Additionally, the rise of telemedicine and remote health monitoring is also fueling the growth of the smart socks market. The increasing use of telehealth services has created a demand for devices that can provide continuous, remote monitoring of health metrics. Smart socks are well-suited for this purpose, as they can deliver real-time data to healthcare providers, facilitating remote consultations and ongoing management of chronic conditions. The convenience of remote health monitoring aligns with the broader trend of integrating technology into healthcare services, driving further adoption of smart socks as part of a comprehensive telemedicine strategy.
Furthermore, the increasing focus on personalized medicine and tailored health interventions is also contributing to the growth of the smart socks market. Personalized medicine aims to provide treatments and health recommendations based on individual genetic, environmental, and lifestyle factors. Smart socks can measure certain health data and give personalized advice. It makes them a good fit for the current approach to healthcare. By offering insights tailored to an individual's unique health profile, smart socks can help users make more informed decisions about their health and wellness, aligning with the broader trends in personalized healthcare.
Smart Socks Market Report Highlights:
- Based on category, the men segment led the market with the largest revenue share of 54.4% in 2023. The growing interest in fitness and athletic performance among men fuels the demand for smart socks that provide detailed gait analysis and prevent injuries through advanced monitoring.
- Based on the distribution channel, the offline segment is expected to witness the fastest CAGR during the forecast period. The opportunity for cross-selling and bundling smart socks with related products in physical stores can increase overall sales and provide added value to consumers.
- Based on end use, the sports segment led the market with the largest revenue share in 2023. The growing popularity of data-driven training and performance optimization among athletes fuels the demand for smart socks that provide real-time feedback on foot biomechanics and movement.
- North America dominated the market, accounting for a 37.3% share in 2023. The rising popularity of fitness tracking and health monitoring apps in North America drives the integration of smart socks with digital health ecosystems for a seamless user experience.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation& Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Smart Socks Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales/Retail Channel Analysis
- 3.2.2. Profit Margin Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.4.2. PESTEL Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Influencing Buying Decisions
- 4.4. Consumer Product Adoption Trends
- 4.5. Observations & Recommendations
Chapter 5. Smart Socks Market: Category Estimates & Trend Analysis
- 5.1. Category Movement Analysis & Market Share, 2023 & 2030
- 5.2. Smart Socks Market Estimates & Forecast, By Category, 2018 to 2030 (USD Million)
- 5.2.1. Men
- 5.2.1.1. Men Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.2.2. Women
- 5.2.2.1. Women Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.2.3. Children
- 5.2.3.1. Children Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 6. Smart Socks Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
- 6.2. Smart Socks Market Estimates & Forecast, By Distribution Channel, 2018 to 2030 (USD Million)
- 6.2.1. Online
- 6.2.1.1. Online Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.2.2. Offline
- 6.2.2.1. Offline Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 7. Smart Socks Market: End Use Estimates & Trend Analysis
- 7.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 7.2. Smart Socks Market Estimates & Forecast, By End Use, 2018 to 2030 (USD Million)
- 7.2.1. Sports
- 7.2.1.1. Sports Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 7.2.2. Healthcare
- 7.2.2.1. Healthcare Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 7.2.3. Casual
- 7.2.3.1. Casual Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 8. Smart Socks Market: Regional Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 8.2. North America
- 8.2.1. North America smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. Key country dynamics
- 8.2.2.2. U.S. smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Key country dynamics
- 8.2.3.2. Canada smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Key country dynamics
- 8.2.4.2. Mexico smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. Key country dynamics
- 8.3.2.2. UK smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Key country dynamics
- 8.3.3.2. Germany smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. Key country dynamics
- 8.3.4.2. France smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.5. Italy
- 8.3.5.1. Key country dynamics
- 8.3.5.2. Italy smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.6. Spain
- 8.3.6.1. Key country dynamics
- 8.3.6.2. Spain smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. Key country dynamics
- 8.4.2.2. China smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Key country dynamics
- 8.4.3.2. Japan smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. Key country dynamics
- 8.4.4.2. India smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.5. Australia
- 8.4.5.1. Key country dynamics
- 8.4.5.2. Australia smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.6. South Korea
- 8.4.6.1. Key country dynamics
- 8.4.6.2. Spain smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5. Central & South America
- 8.5.1. Central & South America smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Key country dynamics
- 8.5.2.2. Brazil smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5.3. Argentina
- 8.5.3.1. Key country dynamics
- 8.5.3.2. Argentina smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Middles East & Africa smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6.2. UAE
- 8.6.2.1. Key country dynamics
- 8.6.2.2. UAE smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6.3. Saudi Arabia
- 8.6.3.1. Key country dynamics
- 8.6.3.2. Saudi Arabia smart socks market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. Key country dynamics
- 8.6.4.2. South Africa smart socks market estimates & forecast, 2018 - 2030 (USD Million)
Chapter 9. Smart Socks Market - Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Heat Map Analysis
- 9.4. Strategy Mapping
- 9.5. Company Profiles
- 9.5.1. Sensoria, Inc.
- 9.5.1.1. Company Overview
- 9.5.1.2. Financial Performance
- 9.5.1.3. Product Benchmarking
- 9.5.1.4. Strategic Initiatives
- 9.5.2. Milbotix Ltd
- 9.5.2.1. Company Overview
- 9.5.2.2. Financial Performance
- 9.5.2.3. Product Benchmarking
- 9.5.2.4. Strategic Initiatives
- 9.5.3. Danu Sports Ltd.
- 9.5.3.1. Company Overview
- 9.5.3.2. Financial Performance
- 9.5.3.3. Product Benchmarking
- 9.5.3.4. Strategic Initiatives
- 9.5.4. Siren
- 9.5.4.1. Company Overview
- 9.5.4.2. Financial Performance
- 9.5.4.3. Product Benchmarking
- 9.5.4.4. Strategic Initiatives
- 9.5.5. Bionox Group Spain S.L.
- 9.5.5.1. Company Overview
- 9.5.5.2. Financial Performance
- 9.5.5.3. Product Benchmarking
- 9.5.5.4. Strategic Initiatives
- 9.5.6. Sidas / Therm-ic
- 9.5.6.1. Company Overview
- 9.5.6.2. Financial Performance
- 9.5.6.3. Product Benchmarking
- 9.5.6.4. Strategic Initiatives
- 9.5.7. Vulpes
- 9.5.7.1. Company Overview
- 9.5.7.2. Financial Performance
- 9.5.7.3. Product Benchmarking
- 9.5.7.4. Strategic Initiatives
- 9.5.8. QUANTA VICI
- 9.5.8.1. Company Overview
- 9.5.8.2. Financial Performance
- 9.5.8.3. Product Benchmarking
- 9.5.8.4. Strategic Initiatives
- 9.5.9. iHood
- 9.5.9.1. Company Overview
- 9.5.9.2. Financial Performance
- 9.5.9.3. Product Benchmarking
- 9.5.9.4. Strategic Initiatives
- 9.5.10. Simcos Technology co,.Ltd.
- 9.5.10.1. Company Overview
- 9.5.10.2. Financial Performance
- 9.5.10.3. Product Benchmarking
- 9.5.10.4. Strategic Initiatives