South America Smart Clothing Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Active, Passive, and Ultra-Smart), Product (Apparel, Footwear, Wearable Patches, and Others), Connectivity (Wi-Fi, Bluetooth, GPS, and RFID), and End User (Healthcare, Fashion and Lifestyle, Sport and Fitness, Military, and Others)
Market Introduction
Smart clothing is designed and manufactured with the integration of smart technologies to offer different functionality. Growing use of smart clothing across sectors, such as healthcare, military, sports, and defense, can influence market growth over the coming years. Increasing injury cases during sports activities coupled with increased investments in the military & defense sector may increase the demand for the product. Furthermore, high demand for body activity monitoring via sensors and increase in consumer awareness about fitness is likely to fuel the market growth. Shifting athletes' preference to smart clothing to prevent possible injuries and boost their performance may spur market growth over the forecast period. The growth of the SAM market can be attributed to escalating spending on sectors, such as healthcare, sport and fitness, and the fashion industry sector. Fast turnaround time, low operating cost, and easily accessible service points increase the adoption of smart textiles considerably. Thus, the use of upper body garment is expected to create a significant demand for smart clothing in the coming years, which is further anticipated to drive the SAM smart clothing market.
The rapid spread of COVID-19 have affected various developed and developing countries. The continuous surge in the count of infected patients is threatening several industries across the SAM region. Since most countries are exercising lockdowns, the demand for smart clothing has decreased at a prominent rate. This is because the critical smart clothing purchasing countries have been restricting their investment on these components and are utilizing a fair percentage of their budget to combat COVID-19. The temporary shutdown of manufacturing facilities is also showcasing a negative trend in the SAM smart clothing market.
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Market Overview and Dynamics
The smart clothing market in SAM is expected to grow from US$ 22.57 million in 2019 to US$ 115.53 million by 2027; it is estimated to grow at a CAGR of 23.0% from 2020 to 2027. With Google-Levi Project, Jacquard manufacture jackets for bicycle riders, the idea of integrating gesture recognition into smart clothing has garnered attention. While many experts believe that gesture recognition could find its way into healthcare clothing may be for use by people with paraplegia or elderly people who have had strokes or heart attacks currently there are far less expensive and well-established technologies that will be difficult to surpass in the coming five years. Haptic feedback or touch in the design of a user interface would be used to activate a patient's muscles in electric muscle stimulation (EMS), ranging from a small tingle to strong force feedback. Smart clothing with a feedback technology could be used at any time and can be wear on any part of the body to check muscle movements or rehabilitation. This is bolstering the growth of the SAM smart clothing market.
Key Market Segments
In terms of type, the passive segment accounted for the largest share of the SAM smart clothing market in 2019. In terms of product, the apparel segment held the largest market share of the SAM smart clothing market in 2019. Based on connectivity, the Bluetooth segment accounted for the highest share of the market in 2019. In terms of end user, the sport and fitness segment held the largest share of the market based in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the smart clothing market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Carre Technologies inc (Hexoskin); Sensoria Inc.; Under Armour, Inc.; Jabil Inc.; and Google LLC, among others.
Reasons to buy report
- To understand the SAM smart clothing market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead of the race by comprehending the ever-changing competitive landscape for SAM smart clothing market
- To efficiently plan M&A and partnership deals in SAM smart clothing market by identifying market segments with the most promising probable sales
- To help taking knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the SAM smart clothing market
- To obtain market revenue forecast for market by various segments from 2020 to 2027 in the SAM region
SAM Smart Clothing Market Segmentation
- Apparel
- Footwear
- Wearable Patches
- Others
- Wi-Fi
- Bluetooth
- GPS
- RFID
By End User
- Healthcare
- Fashion and Lifestyle
- Sport and Fitness
- Military
- Others
By Country
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- Carre Technologies inc (Hexoskin)
- Sensoria Inc.
- Under Armour, Inc.
- Jabil Inc.
- Google LLC
1. Introduction
1.1 Scope Of The Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Smart Clothing Market – By Type
1.3.2 SAM Smart Clothing Market – By Product
1.3.3 SAM Smart Clothing Market – By Connectivity
1.3.4 SAM Smart Clothing Market – By End User
1.3.5 SAM Smart clothing market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Smart Clothing Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Smart Clothing Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Use of upper wear is expected to drive the market growth in the future
5.2 Market Restraints
5.2.1 Growing manufacturing cost causing limited consumer acceptance
5.3 Market Opportunities
5.3.1 Applications of smart clothing is expected to boost the fashion industry
5.4 Future Trends
5.4.1 Need of gesture recognition in smart clothing
5.5 Impact analysis of Drivers and Restraints
6. SAM Smart Clothing Market Analysis
6.1 Overview
6.2 SAM Smart Clothing Market Revenue And Forecasts To 2027 (US$ Million)
6.3 SAM Market Positioning – Five Key Players
7. SAM Smart Clothing Market – By Type
7.1 Overview
7.2 SAM Smart Clothing Market, By Type (2019 and 2027)
7.3 Passive
7.3.1 Overview
7.3.2 Passive: Smart Clothing Market Revenue and Forecasts to 2027 (US$ Million)
7.4 Active
7.4.1 Overview
7.4.2 Active: Smart Clothing Market Revenue and Forecasts to 2027 (US$ Million)
7.5 Ultra-Smart
7.5.1 Overview
7.5.2 Ultra-Smart: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
8. SAM Smart Clothing Market Analysis – By Product
8.1 Overview
8.2 SAM Smart Clothing Market, By Product (2019 and 2027)
8.3 Apparel
8.3.1 Overview
8.3.2 Apparel: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Footwear
8.4.1 Overview
8.4.2 Footwear: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Wearable Patches
8.5.1 Overview
8.5.2 Wearable Patches: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
9. SAM Smart Clothing Market Analysis – By Connectivity
9.1 Overview
9.2 SAM Smart Clothing Market, By Connectivity (2019 and 2027)
9.3 Wi-Fi
9.3.1 Overview
9.3.2 Wi-Fi: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Bluetooth
9.4.1 Overview
9.4.2 Bluetooth: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
9.5 GPS
9.5.1 Overview
9.5.2 GPS: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
9.6 RFID
9.6.1 Overview
9.6.2 RFID: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
10. SAM Smart Clothing Market Analysis – By End User
10.1 Overview
10.2 SAM Smart Clothing Market Breakdown, by End User, 2019 & 2027
10.3 Healthcare
10.3.1 Overview
10.3.2 Healthcare: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
10.4 Sport and Fitness
10.4.1 Overview
10.4.2 Sport and Fitness: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
10.5 Fashion and Lifestyle
10.5.1 Overview
10.5.2 Fashion and Lifestyle: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
10.6 Military
10.6.1 Overview
10.6.2 Military: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others: Smart Clothing Market Revenue and Forecast to 2027 (US$ Million)
11. SAM Smart Clothing Market – Country Analysis
11.1 Overview
11.1.1 SAM: Smart Clothing Market, by Key Country
11.1.1.1 Brazil: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.1.1 Brazil: Smart Clothing Market, by Type
11.1.1.1.2 Brazil: Smart Clothing Market, by Product
11.1.1.1.3 Brazil: Smart Clothing Market, by Connectivity
11.1.1.1.4 Brazil: Smart Clothing Market, by End User
11.1.1.2 Argentina: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.2.1 Argentina: Smart Clothing Market, by Type
11.1.1.2.2 Argentina: Smart Clothing Market, by Product
11.1.1.2.3 Argentina: Smart Clothing Market, by Connectivity
11.1.1.2.4 Argentina: Smart Clothing Market, by End User
11.1.1.3 Rest of SAM: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.3.1 Rest of SAM: Smart Clothing Market, by Type
11.1.1.3.2 Rest of SAM: Smart Clothing Market, by Product
11.1.1.3.3 Rest of SAM: Smart Clothing Market, by Connectivity
11.1.1.3.4 Rest of SAM: Smart Clothing Market, by End User
12. SAM Smart Clothing Market – COVID-19 Impact Analysis
12.1 SAM: Impact Assessment of COVID-19 Pandemic
13. Smart Clothing Market - Industry Landscape
13.1 Market Initiative
13.2 New Development
14. Company Profiles
14.1 Carre Technologies inc (Hexoskin)
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Sensoria Inc.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Under Armour, Inc.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Jabil Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Google LLC
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. SAM Smart Clothing Market Revenue and Forecasts to 2027 (US$ Million)
Table 2. SAM Smart Clothing Market, by Country – Revenue and Forecast to 2027 (USD Million)
Table 3. Brazil: Smart Clothing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. Brazil: Smart Clothing Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 5. Brazil: Smart Clothing Market, by Connectivity – Revenue and Forecast to 2027 (US$ Million)
Table 6. Brazil: Smart Clothing Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 7. Argentina: Smart Clothing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. Argentina: Smart Clothing Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 9. Argentina: Smart Clothing Market, by Connectivity – Revenue and Forecast to 2027 (US$ Million)
Table 10. Argentina: Smart Clothing Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 11. Rest of SAM: Smart Clothing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest of SAM: Smart Clothing Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of SAM: Smart Clothing Market, by Connectivity – Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of SAM: Smart Clothing Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Smart Clothing Segmentation
Figure 2. SAM Smart Clothing Segmentation – By Country
Figure 3. SAM Smart Clothing Market Overview
Figure 4. SAM Smart Clothing Market, by Country – 2019 & 2027 (US$ Million)
Figure 5. SAM Smart Clothing Market, by Type - 2019 & 2027 (US$ Million)
Figure 6. SAM Smart Clothing Market, by Product - 2019 & 2027 (US$ Million)
Figure 7. SAM Smart Clothing Market, by Connectivity 2019 & 2027 (US$ Million)
Figure 8. SAM Smart Clothing Market, by End User - 2019 & 2027 (US$ Million)
Figure 9. SAM – PEST Analysis
Figure 10. SAM Ecosystem Analysis
Figure 11. SAM Expert Opinion
Figure 12. SAM Smart Clothing Market Impact Analysis of Driver and Restraints
Figure 13. SAM Smart Clothing Market Revenue And Forecasts To 2027 (US$ Million)
Figure 14. SAM Smart Clothing Market Breakdown, By Type, 2019 & 2027 (%)
Figure 15. SAM Passive: Smart Clothing Market Revenue and Forecasts to 2027 (US$ Million)
Figure 16. SAM Active: Smart Clothing Market Revenue and Forecasts to 2027 (US$ Million)
Figure 17. SAM Ultra-Smart: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. SAM Smart Clothing Market Revenue Share, by Product (2019 and 2027)
Figure 19. SAM Apparel: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. SAM Footwear: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. SAM Wearable Patches: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. SAM Others: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. SAM Smart Clothing Market Revenue Share, by Connectivity (2019 and 2027)
Figure 24. SAM Wi-Fi: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. SAM Bluetooth: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. SAM GPS: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. SAM RFID: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. SAM Smart Clothing Market Breakdown, by End User (2019 and 2027)
Figure 29. SAM Healthcare: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 30. SAM Sport and Fitness: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 31. SAM Fashion and Lifestyle: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 32. SAM Military: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 33. SAM Others: Smart Clothing Market Revenue and Forecast to 2027(US$ Million)
Figure 34. SAM: Smart Clothing Market Revenue Share, by Key Country (2019 and 2027)
Figure 35. Brazil: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36. Argentina: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. Rest of SAM: Smart Clothing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. Impact of COVID-19 Pandemic in SAM Country Markets
The List of Companies - South America Smart Clothing Market
- Carre Technologies inc (Hexoskin)
- Sensoria Inc.
- Under Armour, Inc.
- Jabil Inc.
- Google LLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM smart clothing market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the SAM smart clothing market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the smart clothing market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.