Global Smart Textiles Market Revenue to Exceed $1,500 Million by 2020 - Grand View Research, Inc
The global market for smart textiles is expected to exceed USD 1,500 million by 2020, according to a new study by Grand View Research, Inc. Increasing adoption of smart textiles across numerous end-use industries is expected to be the key driving force for the market. Grand View Research also observes that growing penetration of smartphones enabled with Bluetooth Low Energy (BLE) for connecting sensor-based devices to the Internet is expected to fuel market growth in the coming years.
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