Growth Drivers of Smart Fashion (Clothes and Accessories) Market 2020-2026 based on Key Players, Typ
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BriefingWire.com, 5/04/2021 -
Brief:
The wearable devices are considered as the next evolution of IT and textile industries. In 2015, the market experienced a stampede of wearable devices used for face, ears, feet, and wrists. Moreover, with the changing cultural shifts, lifestyle, IT and cyclical attitudes, industries such as fashion, textile, and IT have begun to merge. The smartwatches and activity trackers were the major end-products being sold in the wearable tech world. However, smart fashion is expected to become one of the emerging markets in this field in the next 5 years. This opportunity resulted in the increase in the number of clothing companies to exploit the development and innovative designs. As for now, consumers are interested in using IT and smart textile in the fashion industry, creating opportunities for fashion designers to come up with new innovative ideas to grab the market share and stand out from the competitive industry.