The term “fashion tech” is mainly used to describe the market for wearable technology, which can be broken into two categories: wearable devices and smart textiles. The short report presented by ZEW focuses primarily on smart textiles. Smart textiles usually feature electronic components woven into them or are characterised by specific physical properties.
The fashion tech market consists of companies from various sectors, such as the textile industry, the electrical engineering sector and the information and communication technology sector. With the availability of new materials and technical possibilities opening up many new opportunities in the design and use of (everyday) clothing, this market, however, has also attracted many fashion designers.