South Africa Fashion Technology Market Size & Outlook
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South Africa fashion technology market highlights
- The South Africa fashion technology market generated a revenue of USD 3,665.1 million in 2024 and is expected to reach USD 5,922.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.3% from 2025 to 2030.
- In terms of segment, smart apparel was the largest revenue generating product type in 2024.
- Digital Fashion & NFTs is the most lucrative product type segment registering the fastest growth during the forecast period.
Fashion technology market data book summary
| Market revenue in 2024 | USD 3,665.1 million |
| Market revenue in 2030 | USD 5,922.4 million |
| Growth rate | 8.3% (CAGR from 2025 to 2030) |
| Largest segment | Smart apparel |
| Fastest growing segment | Digital Fashion & NFTs |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Apparel, Smart Footwear, Smart Accessories, Digital Fashion & NFTs, Retail Tech & E-commerce Solutions |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.5% of the global fashion technology market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE fashion technology market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5,922.4 million by 2030.
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Fashion Technology Market Scope
Fashion Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vue.ai | View profile | 101-250 | Redwood City, California, United States, North America | https://vue.ai |
| Catchoom | View profile | 11-50 | Barcelona, Catalonia, Spain, Europe | https://catchoom.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Meta Platforms Inc Class A | View profile | 69329 | 1 Meta Way, Menlo Park, CA, United States, 94025 | https://about.meta.com |
| Adobe Inc | View profile | 29945 | 345 Park Avenue, San Jose, CA, United States, 95110-2704 | https://www.adobe.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| SAP SE ADR | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
South Africa fashion technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fashion technology market will help companies and investors design strategic landscapes.
Smart apparel was the largest segment with a revenue share of 28.66% in 2024. Horizon Databook has segmented the South Africa fashion technology market based on smart apparel, smart footwear, smart accessories, digital fashion & nfts, retail tech & e-commerce solutions covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Africa fashion technology market databook
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Our clientele includes a mix of fashion technology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa fashion technology market , including forecasts for subscribers. This country databook contains high-level insights into South Africa fashion technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa Product Type - Fashion Technology Market size, 2024 - 2030 (US$M)
South Africa Fashion Technology Market Outlook Share, 2024 & 2030 (US$M)
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