The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the artificial intelligence-based shoe market further?
The growing popularity of sports activities is expected to propel the growth of the artificial intelligence-based shoes market going forward. Sports activities encompass a wide range of physical pursuits, including organized games, exercises, and competitions that involve physical exertion and skill. Artificial intelligence-based shoes are primarily used to enhance athlete performance through real-time data analysis and personalized adjustments during sports activities. For instance, in May 2024, according to the House of Lords Library, a UK-based library and information resource of the upper house of the Parliament of the United Kingdom, approximately 22% of adults in Great Britain engage in at least one sport, while 58% report following at least one sport, demonstrating a robust connection to sports culture. Therefore, the growing popularity of sports activities is driving the growth of the artificial intelligence-based shoes market.
Artificial Intelligence-Based Shoe Market Driver: Rising Smart Wearables Demand Fuels Growth In The Artificial Intelligence-Based Shoes Market
The increasing demand for smart wearables is expected to propel the growth of the artificial intelligence-based shoes market going forward. Smart wearables refer to electronic devices that are worn on the body, often as accessories or clothing, and are equipped with sensors, connectivity, and computing capabilities. Smart wearables use AI-based shoes equipped with sensors and machine learning algorithms to enhance the user experience by analyzing gait, providing real-time feedback, and optimizing performance, ultimately improving comfort, safety, and overall wearability. For instance, in June 2023, as per the National Heart, Lung, and Blood Institute (NHLBI), a US-based academic institute, nearly one in three Americans are expected to use wearable devices for health and fitness tracking, with over 80% sharing information with their doctors. Therefore, the increasing demand for smart wearables is driving the growth of the artificial intelligence-based shoes market.
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What are the key factors influencing the forecasted market size of the artificial intelligence-based shoe industry?
The artificial intelligence-based shoe market size has grown exponentially in recent years. It will grow from $277.26 billion in 2024 to $334.97 billion in 2025 at a compound annual growth rate (CAGR) of 20.8%. The growth in the historic period can be attributed to rising demand for cloud integration, increasing complexity of it environments, cost efficiency and operational optimization, business process automation, globalization of businesses.
The artificial intelligence-based shoe market size is expected to see rapid growth in the next few years. It will grow to $647.69 billion in 2029 at a compound annual growth rate (CAGR) of 17.9%. The growth in the forecast period can be attributed to ai and machine learning integration, security and compliance concerns, iot integration, real-time data integration, hybrid and multi-cloud integration. Major trends in the forecast period include cybersecurity integration, focus on user experience, technological advancements, event-driven architecture, low-code/no-code integration.
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Who are the leading competitors in the artificial intelligence-based shoe market?
Major companies operating in the artificial intelligence-based shoe market report are Nike Inc., Adidas AG, Puma SE, Under Armour Inc., Asics Corp., Deckers Outdoor Corporation, Wolverine World Wide Inc., Reebok International Ltd., Mizuno Corporation, Brooks Sports Inc., Salomon SAS, Patagonia Inc., Vivobarefoot Limited, Ajanta Shoe Private Limited, Orpyx Medical Technologies Inc., Scott Sports SA, La Sportiva NA Inc., Shift Robotics, Digitsole, Sensoria Health Inc., ShiftWear, Wiivv Wearables Inc., Altra Torin IQ, Salted Venture, Lumo
Which emerging trends are set to transform the artificial intelligence-based shoe market landscape?
Major companies operating in the artificial intelligence (AI)-based shoe market are focused on the development of adaptive artificial intelligence to gain a competitive edge in the market. Adaptive artificial intelligence in shoes enhances comfort and support through real-time adjustments based on the wearer’s movements and preferences. For instance, in October 2022, Shift Robotics, a US-based manufacturer of robotic shoes, launched Moonwalkers, the first-ever wearable mobility devices that allow one to walk at the speed of a run. They are designed with an adaptive AI drivetrain that increases walking speed by up to 250%. They are hands-free and use foot-activated gestures to toggle between shift and lock modes to go and stand still. They have an anti-lock internal brake feature that provides safety and control when using the device.
How do different geographies compare in terms of market share and growth potential in the artificial intelligence-based shoe market?
North America was the largest region in the artificial intelligence-based shoes market in 2024. The regions covered in the artificial intelligence-based shoe market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Which major segments of the artificial intelligence-based shoe market are experiencing the fastest growth?
The artificial intelligence-based shoe market covered in this report is segmented –
1) By Technology: Sensor Technology, Machine Learning And Artificial Intelligence, Algorithms, Connectivity
2) By Distribution Channels: Online Retail, Brick-And-Mortar Retail, Direct-To-Consumer (DTC)
3) By Application: Running And Athletic Shoes, Smart Casual And Sneakers, Medical And Therapeutic Shoes
4) By End-User: Athletes And Sports Enthusiasts, Fitness And Health Consumers, Casual And Fashion Users
Subsegments:
1) By Sensor Technology: Pressure Sensors, Motion Sensors, Temperature Sensors, Other Sensors
2) By Machine Learning and Artificial Intelligence: Predictive Analytics, Pattern Recognition, Data-Driven Personalization
3) By Algorithms: Adaptive Algorithms, Optimization Algorithms, Feedback Control Algorithms
4) By Connectivity: Bluetooth, Wi-Fi, NFC, Other Connectivity Technologies
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How is the artificial intelligence-based shoe market defined?
Artificial intelligence-based shoes are footwear equipped with AI technology to provide personalized comfort and performance-enhancing features, such as automatic adjustments to fit and gait analysis. These shoes can be integrated with sensors and data-processing capabilities to track and analyze various aspects of physical activity.
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