Latin America Smart Clothing Market Size & Outlook
The smart clothing market in Latin America is expected to reach a projected revenue of US$ 1,506.0 million by 2030. A compound annual growth rate of 27.2% is expected of Latin America smart clothing market from 2025 to 2030.
Revenue, 2024 (US$M)
$345.2
Forecast, 2030 (US$M)
$1,506.0
CAGR, 2025 - 2030
27.2%
Report Coverage
Latin America
Related Markets
Latin America smart clothing market highlights
- The Latin America smart clothing market generated a revenue of USD 345.2 million in 2024.
- The market is expected to grow at a CAGR of 27.2% from 2025 to 2030.
- In terms of segment, active smart was the largest revenue generating textile type in 2024.
- Ultra Smart is the most lucrative textile type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 345.2 million |
| Market revenue in 2030 | USD 1,506.0 million |
| Growth rate | 27.2% (CAGR from 2025 to 2030) |
| Largest segment | Active smart |
| Fastest growing segment | Ultra Smart |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Active Smart, Passive Smart, Ultra Smart |
| Key market players worldwide | AiQ Smart Clothing, DuPont de Nemours Inc, Myontec, MYZONE, Owlet Baby Care, Sensoria, Siren Care, Toray Industries Inc, Vulpés Electronics GmbH, Wearable X |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.7% of the global smart clothing market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,841.4 million by 2030.
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Smart Clothing Market Scope
Smart clothing market segmentation & scope
Smart Clothing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Wearable X | View profile | 1-10 | New York, New York, United States, North America | https://www.wearablex.com |
| Vulpés Electronics GmbH | View profile | 11-50 | Kiel, Schleswig-Holstein, Germany, Europe | https://www.vulpes-smartwear.com/ |
| Siren Care | View profile | 11-50 | San Francisco, California, United States, North America | http://siren.care |
| MYZONE | View profile | 11-50 | Chicago, Illinois, United States, North America | http://www.myzone.org/ |
| Myontec | View profile | 1-10 | Kuopio, Eastern Finland, Finland, Europe | https://www.myontec.com/en/ |
| AiQ Smart Clothing | View profile | 11-50 | Taipei, T'ai-pei, Taiwan, Asia | http://www.aiqsmartclothing.com/ |
| Owlet Baby Care | View profile | 101-250 | Lehi, Utah, United States, North America | http://owletcare.com |
| Sensoria | View profile | 1-10 | Princeton Junction, New Jersey, United States, North America | http://www.sensoria.com/ |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
Latin America smart clothing market size, by country, 2018-2030 (US$M)
Latin America Smart Clothing Market Outlook Share, 2024 & 2030 (US$M)
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