Dublin, April 14, 2021 (GLOBE NEWSWIRE) — The “Smart Fabrics in Fashion and Entertainment Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
The smart fabrics in fashion and entertainment market is estimated to record a CAGR of 31.29% over the forecast period (2021-2026).
The smart fabrics market in the fashion and entertainment industry is primarily driven through innovation by designers to develop new and pleasing outfits, integrated with useful technical architecture, capable of transmitting information.
The ever-increasing use of electronic devices in our day-to-day life is driving the smart fabrics market. The ease of use of smart fabrics and the integration of electronic devices within textiles, makes it an integrated device to be used as a simple fabric, which is further contributing to the growth of the smart fabrics market.
For instance, a particular variety of smart fabric developed at the University of Washington is making way for jackets that can store invisible passcodes and open the door to the related apartment or office.
Moreover, rapid developments in the field of nanotechnology, polymer development, and low power consuming wireless sensors have transformed the landscape of the market.
The convergence of the internet of things, 3D printing, and nanotechnologies is creating enormous opportunities for the fashion and entertainment industry. With the increasing…