Africa Baby Care Products Market - Infinium Global Research Smart textiles for wearable technology Market Glob | Page 3

Market Insights
Currently, the global smart textiles for wearable technology market are
expected to grow at rapid pace. The growth in this market can be
acknowledged to the drivers such as growing wearable electronics market,
growing popularity of smart gadgets with advanced features, and growing
demand for low cost smart sensors. However, the growth in this market is
expected to be restrained by high cost of production of smart textiles and
compatibility issues. As per the study a majority of the revenue in the global
smart textiles for wearable technology comes from its military and safety
applications followed by home and architectural applications. Among the
geographies Asia Pacific region is expected to grow at the highest CAGR over
the 2017 -2023.
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Segments Covered
We have highlighted future trends in the global smart textiles for wearable
technology that will impact the demand during the period 2017 -2023. In
addition, the smart textiles for wearable technology market are segmented by
raw materials, by technologies, by functions and by applications.
Infinium Global Research