ABOUT US

Tech Wavers

SIZE OF MARKET

The smart textiles market was valued at $5.3 billion.
Projected to reach $24.9 billion by 2030.
No specific data available for smart textiles market size in Saudi Arabia currently However, the Gulf region is seeing increased interest and investment in advanced technical textiles

The global smart textiles market is still emerging but showing strong double-digit growth potential driven by innovations across healthcare,
sports, industrial and fashion applications. The broader Saudi/GCC textile industry also represents a sizeable market opportunity overall.

TAM

otal Available
Market Globally

$1.1 Trillion

SAM

Serviceable
Available Market

 

$ 97 Million

 

SOM

Serviceable
Obtainable Market

 

$18.8 Billion

About Tech Weavers

REVENUE MODEL

Product sales to patients

Tech licensing

Licensing to sports brands



The textiles sector is witnessing high growth in the Kingdom, and most of its raw materials are sourced from Saudi Arabia, and it is considered a fertile field for investing in industrial opportunities in this sector, pointing out that the industrial sector in the Kingdom is witnessing great developments in light of the support and facilitation provided by the wise leadership for investment in projects. With added value, MODON has also prepared advanced infrastructure, supportive logistical services, and a number of ready-made products and innovative solutions in all regions of the Kingdom and in different areas, to build factories in various sectors.

Press Release

CEO of the Saudi Authority for Industrial Cities and Technology Zones

FACTS

Over 1,700 + Happy User Being With Us Still Thay Love Our Soltions

+ 0
Positive Review
+ 0
Active Users
% 0
satisfied

About Tech Weavers

Team Work

Screenshot 2024-02-12 165826

Ahmed Almorshedy

CEO

Serial Industrial
Entrepreneur

Screenshot 2024-02-12 165725

Mona Hamad

CTO

Technology Expert

M.Morshedy

Consultant

Hassan Farouk

Senior R&D Director

Mary Nabil

Senior Designer