Market Opportunity Assessment and Landscape for Smart Patches | NYU Tandon School of Engineering

Market Opportunity Assessment and Landscape for Smart Patches

Retail

Smart Patch

Project Type:
Product/Market Development
Project Sponsor:

Fashion Technology Company


In this project, students helped a prominent manufacturer develop a strategic plan for the potential development of a "smart patches" product line. They analyzed the potential applications and use cases, competitive landscape, market trends, and projections. 


Keywords: Market Trends, Competitive Landscape, Cost-Benefit Analysis, ROI, Investment, Manufacturing, Apparel, Fashion