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Á¶»ç ´ë»ó ±â¾÷ »ç·Ê(38°³»ç)

  • Jakcom Technology Co.
  • Logbar Inc.
  • Mota Group, Inc.
  • NFC Ring
  • Nimb Inc.
  • Oura Health Ltd.
  • Ringly Inc.
  • TheTouch X s.r.o.

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LSH 24.10.04

Global Smart Rings Market to Reach US$25.7 Million by 2030

The global market for Smart Rings estimated at US$6.8 Million in the year 2023, is expected to reach US$25.7 Million by 2030, growing at a CAGR of 20.8% over the analysis period 2023-2030. NFC-Based Smart Rings, one of the segments analyzed in the report, is expected to record a 25.0% CAGR and reach US$12.0 Million by the end of the analysis period. Growth in the Bluetooth-Based Smart Rings segment is estimated at 18.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.9 Million While China is Forecast to Grow at 20.4% CAGR

The Smart Rings market in the U.S. is estimated at US$1.9 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$4.0 Million by the year 2030 trailing a CAGR of 20.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 17.9% and 17.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.6% CAGR.

Global Smart Rings Market - Key Trends and Drivers Summarized

What Role Are Smart Rings Playing in the Wearable Technology Market?

Smart rings are emerging as a revolutionary trend in the wearable technology market, combining functionality, style, and convenience. These compact devices are designed to perform various functions such as health monitoring, contactless payments, and smart home controls, all while being worn on a finger. They offer advantages like lightweight design, easy accessibility, and discreet usage compared to other wearable devices such as smartwatches and fitness bands. Their applications range from fitness tracking—monitoring heart rate, sleep patterns, and activity levels—to managing notifications and enabling secure payments. As consumers increasingly prioritize minimalistic and user-friendly devices, smart rings are becoming popular for their ability to blend seamlessly into everyday life without compromising functionality.

How Are Technological Advancements Influencing the Smart Ring Market?

The smart ring market is benefiting significantly from rapid technological advancements in sensor technology, connectivity, and power management. Innovations such as advanced biometric sensors, wireless charging capabilities, and improved battery life are making smart rings more appealing to a broader audience. Integration with Internet of Things (IoT) devices, smartphones, and smart home systems has expanded their functionality beyond basic health tracking. Moreover, the development of rings with gesture control, multi-factor authentication for security, and even near-field communication (NFC) capabilities for contactless payments has positioned smart rings as versatile tools for various consumer and enterprise applications.

What Segments Are Driving the Demand for Smart Rings?

Key applications include fitness and wellness, payments, access control, and notifications management. The fitness and wellness segment dominates the market as consumers look for more integrated solutions for health monitoring. End-use segments cover personal use and enterprise applications, with enterprises increasingly adopting smart rings for security, access control, and productivity enhancement. Geographically, North America and Europe are leading markets due to high technology adoption rates and consumer awareness, but the Asia-Pacific region is rapidly catching up due to increasing disposable incomes and a growing tech-savvy population.

What Factors Are Driving Growth in the Smart Ring Market?

The growth in the smart ring market is driven by several factors, including the rising demand for compact and efficient wearable devices, advancements in sensor technology, and the increasing adoption of IoT and connected devices. Growing consumer interest in health and fitness, the expanding use of contactless payment methods, and the integration of smart rings with various smart home devices also contribute to market expansion. Additionally, the trend towards minimalistic and fashion-forward technology, the proliferation of 5G and IoT networks, and the growing use of biometric security solutions are important factors propelling market growth.

Select Competitors (Total 38 Featured) -

  • Jakcom Technology Co., Ltd.
  • Logbar Inc.
  • Mota Group, Inc.
  • NFC Ring
  • Nimb Inc.
  • Oura Health Ltd.
  • Ringly Inc.
  • TheTouch X s.r.o.

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • Global Economic Update
    • Smart Rings - Global Key Competitors Percentage Market Share in 2024 (E)
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Growing Health and Fitness Awareness Spurs Adoption of Smart Rings
    • Integration of Biometric Sensors Expands Addressable Market for Smart Rings
    • Rising Demand for Wearable Payment Solutions Drives Market Growth
    • Emergence of IoT and Connected Devices Strengthens Business Case for Smart Rings
    • Enhanced Data Privacy and Security Concerns Propel Adoption in Enterprise Markets
    • Increased Focus on Minimalistic Design in Wearable Technology Accelerates Demand
    • Compatibility with Smartphones and Other Devices Expands Market Opportunities
    • Introduction of Advanced Features Like Gesture Control Drives Market Differentiation
    • Rise in Remote Work Culture Spurs Demand for Smart Rings with Health Monitoring Features
    • Growing Popularity of Contactless Payment Options Generates New Market Avenues
    • Technological Advancements in Battery Life and Power Efficiency Sustain Market Growth
    • Rising Interest in Augmented Reality (AR) and Virtual Reality (VR) Integration Expands Market Potential
    • Emerging Applications in Healthcare Monitoring and Diagnostics Propel Market Expansion
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Smart Rings Market Analysis of Annual Sales in US$ for Years 2014 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for Smart Rings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
    • TABLE 3: World 7-Year Perspective for Smart Rings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
    • TABLE 4: World Recent Past, Current & Future Analysis for Bluetooth-Based Smart Rings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
    • TABLE 5: World 7-Year Perspective for Bluetooth-Based Smart Rings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
    • TABLE 6: World Recent Past, Current & Future Analysis for Nfc-Based Smart Rings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
    • TABLE 7: World 7-Year Perspective for Nfc-Based Smart Rings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • Smart Rings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
    • TABLE 8: USA Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 9: USA 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • CANADA
    • TABLE 10: Canada Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 11: Canada 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • JAPAN
    • Smart Rings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
    • TABLE 12: Japan Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 13: Japan 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • CHINA
    • Smart Rings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
    • TABLE 14: China Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 15: China 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • EUROPE
    • Smart Rings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
    • TABLE 16: Europe Recent Past, Current & Future Analysis for Smart Rings by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
    • TABLE 17: Europe 7-Year Perspective for Smart Rings by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
    • TABLE 18: Europe Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 19: Europe 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • FRANCE
    • Smart Rings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
    • TABLE 20: France Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 21: France 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • GERMANY
    • Smart Rings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
    • TABLE 22: Germany Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 23: Germany 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • ITALY
    • TABLE 24: Italy Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 25: Italy 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • UNITED KINGDOM
    • Smart Rings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
    • TABLE 26: UK Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 27: UK 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • REST OF EUROPE
    • TABLE 28: Rest of Europe Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 29: Rest of Europe 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • ASIA-PACIFIC
    • Smart Rings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
    • TABLE 30: Asia-Pacific Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 31: Asia-Pacific 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030
  • REST OF WORLD
    • TABLE 32: Rest of World Recent Past, Current & Future Analysis for Smart Rings by Technology - Bluetooth-Based Smart Rings and Nfc-Based Smart Rings - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
    • TABLE 33: Rest of World 7-Year Perspective for Smart Rings by Technology - Percentage Breakdown of Value Sales for Bluetooth-Based Smart Rings and Nfc-Based Smart Rings for the Years 2024 & 2030

IV. COMPETITION

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