The report "Global Smart Textile Market, By Function (Energy Harvesting, Sensing, Thermoelectricity, Luminescent, and Others), By Application (Fashion and Entertainment, Sports and Fitness, Medical, Transportation, Protection and Military, and Architecture), and Region - Global Forecast to 2030" The Global Smart Textile Market accounted for US$ 2.43 billion in 2020 and is estimated to be US$ 24.01 billion by 2030 and is anticipated to register a CAGR of 26.0%. Rising utilization of smartphones and other high technologies across the globe drives the global smart textiles market. Further, smart textiles help to communicate information of the wearer such as location, heart rate, blood pressure, and temperature, which boost the global smart textile market.