The Europe smart shoes market is anticipated to grow at a lucrative CAGR during the forecast period. The presence of globally recognized companies such as Adidas AG, Puma SE, Under Armour Inc., among others across the region is the major factor attributed to the growth of the market. The companies are shifting their complete focus deeply on one specific sport to get the activity detection right. This will increase the popularity of smart shoes among athletes hence, impacting the smart shoes market shares. Additionally, the increasing health consciousness coupled with the high disposable income of the population across the region is fuelling the market.
The Europe smart shoes market is segmented based on end-users and distribution channels. Based on the end-users, the market is sub-segmented into men and women. Based on the distribution channel, the market is sub-segmented into online, supermarket/hypermarket, and specialty stores. By geography, the market is segmented into Germany, UK, France, Spain, Italy, and the rest of Europe. Due to the high popularity of sports such as Football, Tennis, Cricket in the region, these economies are expected to contribute significantly to the market.
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Europe Smart Shoes Market Segmentation
By End-Users
- Men
- Women
By Distribution Channel
- Online
- Hypermarket/Supermarket
- Specialty Stores
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Regional Analysis
- UK
- Germany
- France
- Italy
- Spain
Rest of Europe
Company Profiles
- Adidas AG
- Digitsole
- FeetMe, SAS
- GPS SmartSole (GTX Corp.)
- IEE S.A.
- Nike, Inc.
- PUMA SE
- SAS PARADE
- Under Armour Europe B.V.
- VIVOBAREFOOT Ltd.
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