Tech in Apparel – Report Bundle (4 Reports)
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Tech in Apparel Market Bundle Report Overview
A growing number of apparel brands and tech companies are focusing on smart clothing to cater to consumers’ demand for connected things. Advancements in sensor technologies and the development of advanced materials such as nanofibers, hybrid materials, and electronic wools are driving growth in this sector.
As a part of this bundle, you will gain access to in-depth insights available in the following reports:
- Thematic Research: Wearable Tech in Apparel
- Thematic Research: Ecommerce in Apparel
- Thematic Research: Direct-to-Consumer in Apparel
- Thematic Research: Smart Clothing
Report 1 – Thematic Research: Wearable Tech in Apparel
The wearable tech industry was worth nearly $58.9 billion in 2020 and will grow at a compound annual growth rate (CAGR) of 18% by 2030. Much of the coverage of wearable tech tends to focus on consumer trends, but enterprise adoption of wearable tech is accelerating. Meanwhile, the apparel industry is seeing activity from smart clothing-focused tech start-ups. Other wearable tech products such as smart clothing, AR headsets, VR headsets and smart glasses are still in the early stages of development. Over the next few years, wearable devices will become smarter, as they incorporate technologies like artificial intelligence (AI) and augmented reality (AR).
Wearable Tech Value Chain
To gain more information on the wearable tech market, please download our free report sample
Report 2 – Thematic Research: Ecommerce in Apparel
The fastest-growing sales channel for clothing is e-commerce. E-commerce has advantages for big corporations, small businesses, and startups alike. Online apparel sales increased from $191.1 billion in 2014 to $367.4 billion in 2020 at a CAGR of 14%. As a result of improved connectivity, escalating rivalry, and increased client demands, the retailing of clothing has undergone a fundamental revolution. Consumers became acclimated to online buying during the pandemic, which sped up the adoption of the online channel for apparel shopping.
Online Apparel Revenue Share by Country, 2019
To gain more insights on ecommerce market in the apparel industry, download our free report sample
Report 3 – Thematic Research: Direct-to-Consumer in Apparel
The DTC model, a relatively new idea in retail, has gained popularity thanks to companies like Dollar Shave Club, Glossier, and Bonobos, which entered the distribution model in the early years of the twenty-first century. The DTC model offers a number of benefits, such as less reliance on third parties, fewer contract negotiations, fewer restrictions on branding and fulfilment, the capacity to gather priceless consumer data, the prevention of counterfeiting, and a better end-to-end comprehension of the customer journey.
DTC Value Chain
To gain more information on the direct-to-consumer market in the apparel industry, download our free report sample
Report 4 – Thematic Research: Smart Clothing
Smart clothing is one form of wearable technology. It is made up of apparel and footwear with sensors that can transmit biometric and other data. Smart clothing primarily consists of an electronic device designed to connect to other connected devices (like smartphones) and the wearer’s body. GlobalData predicts that the market for smart clothing, which was worth $668 million in 2020, will increase to more than $4 billion by 2030, expanding at a compound annual growth rate (CAGR) of 21% over the forecast period. By 2023, the industry will have earned $1 billion.
Smart Clothing Revenue, 2019-2030
To know more about the global smart clothing sales, download our free report sample
Key Players: Thematic Research: Ecommerce in Apparel
Key Players: Thematic Research: Direct-to-Consumer in Apparel
Key Players: Thematic Research: Smart Clothing
Table of Contents
Frequently asked questions
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FAQ: Thematic Research: Wearable Tech in Apparel (2021)
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What was the wearable tech market size in 2020?
The wearable tech market size was valued at $58.9 billion in 2020.
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FAQ: Thematic Research: Ecommerce in Apparel
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What was the online apparel market size in 2020?
The online apparel sales was worth $367.4 billion in 2020.
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FAQ: Thematic Research: Direct-to-Consumer in Apparel
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Which are the leading companies shaping the DTC model?
Everlane, Bonobos, Adore Me, Ted Baker, Superdry, Nike are some of the leading firms shaping the DTC model.
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FAQ: Thematic Research: Smart Clothing
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What was the smart clothing market size in 2020?
The smart clothing market size was valued at $668 million in 2020.
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