Global Smart Textile Market to Exhibit 30.8% CAGR During 2015-2023 Due to Growing Applications of Nanotechnology
According to a recent market research report published by Transparency Market Research, the global smart textiles market is anticipated to take a leap at a CAGR of 30.8% during the period between 2015 and 2023. The report, titled "Smart Textile Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023," projects the global smart textiles market to stand at a valuation of US$7,730 mn by 2023. The overall market was worth US$700 mn in 2014.
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