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Asia-Pacific smart shoes market is anticipated to grow with a significant CAGR during the forecast <br>period (2020-2026). The market growth in the region is majorly influenced by the increasing <br>investment in a product that assists in leading a healthy life. Additionally, the rising engagement <br>of domestic players such as Boltt Sports Technologies, Lechal (Ducere Technologies), Li Ning <br>(China) Sports Goods Co., Ltd., Xiaomi Corp., in the smart shoes manufacturing will also propel <br>the growth of the market across the region. In addition to this, the continuous launches of new <br>products with advanced features will also impact the market shares. For instance, in February <br>2019, Xiaomi Corp. launched the Mijia Sneakers 2 in India. Similarly, in August 2019, Xiaomi Corp. <br>launched the MIJIA Sports Shoes 3, the third-generation model of its smart sports shoes line in <br>China.
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