LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their updated report on the global smart textiles market. This new report will provide expert market insights for the forecast period 2018-2022.
Technavio’s updated research report on the smart textiles market for 2018-2022 includes a wide range of factors that will be crucial for market growth. This report is an extension of Technavio’s previous research on the smart textiles market and provides valuable insights impacting the growth of this market across the world.
This market research report on the smart textiles market is an integral part of Technavio’s chemicals and materials portfolio. Technavio's market research reports on textiles determine the important growth drivers, latest trends, and the eminent challenges that this sector is currently experiencing. They present insights into the changing competitive landscape to give you a realistic picture of the future direction of this industry. The reports also consider the product offerings and services provided by several vendors operating in this market. The vendor analysis is intended to provide important information on market strategies implemented by the prominent players and also provides insights on the products and services offered by them.
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Global opportunities for growth
According to the previous market research report by Technavio, the global smart textiles market was led by North America because of factors such as the increasing demand from end-user segments like the military, sports, healthcare and fitness, and architecture.
In the previous report, a senior research analyst at Technavio stated, “One of the key trends gaining traction in the smart textiles market is the increase in the incorporation of the Bluetooth low energy technology. This wireless personal area network technology is designed with connectivity to mobile phones, low power consumption, and multi-vendor interoperability. Garments enabled with BLE technology can sense and monitor data through an internet connection. Additionally, BLE technology has significantly reduced power consumption in comparison with other power sources.”
Technavio’s report will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.
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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and growth rate through 2022
- Top factors driving the market growth
- Competitive landscape and market share analysis of the key players
- Market opportunities and factors impeding the market growth
The report on the global smart textiles market for the period of 2018-2022 is available to order now and will be delivered within one week of purchase.
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About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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