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Based on our analysis, the global smart textile market in 2019 is approximately USD 1.1 Billion and is anticipated to reach around USD 7.2 Billion by 2026. The anticipated CAGR for the smart textile market is around 30.4% from 2020 to 2026.
Based on our analysis, the global smart textile market in 2019 is approximately USD 1.1 Billion and is
anticipated to reach around USD 7.2 Billion by 2026. The anticipated CAGR for the smart textile market is around 30.4% from 2020 to 2026.
Smart textiles are fabrics that react and adapt according to the surrounding stimuli and are included with innovative technologies that can provide the user with more functionality. These textiles can conduct energy, communicate with different devices, provide safety to the use and various other applications.