Home » Smart Shoes Market

Smart Shoes Market : Growth, Future Prospects, & Competitive Analysis, 2018 – 2026

Price: $4999

Published: | Report ID: 10329 | Report Format : PDF

Market Insights:

Smart shoes have many cool features. They can track your activity levels and even monitor your location using geolocation systems, such as GPS. A lot goes into making a smart shoe for such in-depth monitoring capabilities. For example, these shoes have pressure sensors that detect your current weight and when you have them on. These pressure sensors are being used to develop self-tying shoes that do themselves up once they detect your foot pressing down on them.

Smart shoes can be fitted with environmental sensors that detect the atmosphere around you. These sensors monitor light, sound, altitude, and more. In addition to monitoring your surroundings, they also have an internal battery that monitors the shoe’s remaining life. If you forget to charge them before heading out on a long trip, you won’t be stuck without any way to communicate with your partner or teammates while playing soccer (or whatever sport you play).

The concept of smart shoes have come a long way ever since they were first introduced. Back in 2012, the Nike+ Training Shoe was introduced by Nike that was capable of measuring the no. of times the feet touched the ground, how long the foot was off the ground, and the place of contact. However, in recent years, many companies worldwide have launched smart shoes with advanced functionalities aimed at capitalizing on the huge opportunity in the market.

Moreover, technological advancements is another prominent factor leading to the smart shoes market growth. For instance, Nike spent 11 years of research and development in order to develop its self-lacing shoe, the HyperAdapt 1.0. The shoe was an instant hit in the market, and Nike has plans to launch a newer version of the shoe soon. Furthermore, improving the standard of living is another important factor spurring the smart shoes market growth. With rising disposable income in countries such as China, India and Brazil, people are in a better position to invest in smart technologies, including smart shoes.

Strategic partnerships between shoes manufacturers and tech companies is one of the common trends witnessed in the market. This strategy helps the shoe manufacturers leverage the tech companies’ technological expertise. For instance, Li-Ning, a leading China-based sportswear company, recently launched a smart shoe in collaboration with Xiaomi. Similarly, in 2016, Lenovo in collaboration with outsole maker Vibram developed a smart shoe capable of tracking the calories burnt and counting the steps. This strategy further helps smart shoe manufacturers to develop shoes with varied features. Therefore, the demand for smart shoes is expected to rise in the coming years with the emergence of such advanced features.

Design Element 2

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample
CTA Design Element 3

Covid 19 Impact

The COVID-19 pandemic, which struck the world when potential industries were on the verge of massive growth, similarly hindered the smart shoe industry. In fact, during certain periods of social distancing and lockdowns in several countries, people were confined to their homes or apartments. Despite this situation, the pandemic could not impact the smart shoe industry globally. Since it has hit major countries in the world, the economy stagnated during periods of lockdowns; many countries have observed a lowering of per capita expenditure. In addition, people were spending less on luxury items—which is why some instant hits also occurred on that market. But after initial recovery, growth returned to previous levels again.

Growing concern for fitness is one of the most prominent factors complimenting the adoption of smart shoes. Smart shoes offer various advantages, such as improving upon how fast/far someone runs and also how well someone runs. Various parameters, including foot landing, time on the ground, and cadence, are considered to measure the performance. The opportunity present in the smart shoe market can be understood from the fact that alone in the U.S., over 60% of the 36 million active runners suffer some kind of injury each year. Smart shoes in this regard can help to reduce such injuries.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Global Smart Shoes Market is segmented into the following categories:

  • By Shoe Type
    • Fitness Tracking Shoes
    • Navigation Shoes
    • Self-tightening Shoes
  • By End-user
    • Men
    • Women
    • Kids
  • By Sales-channel
    • Online Platforms
    • Offline Platforms
  • By Geography
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World (RoW)

Key Players Identified in the Smart Shoes Market include but are not limited to:

Boltt Sports, Nike, Inc., Under Armour, Inc., Li Ning Company Limited, Digitsole, Shanghai Runmi Technology Co. Ltd., Xiaomi, Inc, Adidas AG and Sensoria, Inc. among others.

Frequently Asked Question:

What is the size of Smart Shoes Market?

The market for Smart Shoes Market is expected to reach USD$ XX Mn in 2026.

What is the Smart Shoes Market CAGR?

The Smart Shoes Market is expected to see significant CAGR growth over the coming years, at XX%.

What is the Forecast period considered for Smart Shoes Market?

The report is forecasted from 2018 -2026.

What is the base year considered for Smart Shoes Market?

The base year of this report is 2017.

Who are the major players in this market?

Boltt Sports, Nike, Inc., Under Armour, Inc., Li Ning Company Limited, Digitsole, Shanghai Runmi Technology Co. Ltd., Xiaomi, Inc, Adidas AG and Sensoria, Inc. are some of the major players in the global market.

Low-Voltage Cables and Accessories Market

Report ID: 33706

Electronic Design Automation Software Market

Report ID: 33673

Soil Analysis Technology Market

Report ID: 33640

Business Intelligence (BI) Market

Report ID: 32098

Digital Forensics Market

Report ID: 4951

Mobile Virtual Network Operator (MVNO) Market

Report ID: 8967

Life Insurance Policy Administration System Market

Report ID: 33444

Automatic Environmental Control Market

Report ID: 33335

Traffic Enforcement Camera Market

Report ID: 11504

Metrology Services Market

Report ID: 8126

Metrology Software Market

Report ID: 8138

Rapid Microbiology Tests in Food and Beverages Market

Report ID: 8721

Purchase Options

Delivery Format: Excel.
Designed for the individual purchaser.
Users located at a single corporate site or regional office.
Allowed for unlimited sharing globally within one company.
Smallform of Sample request

Have a question?

User Profile

Don’t settle for less – trust Mitul to help you find the best solution.

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –


+91 6232 49 3207


24/7 Research Support


– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN