PUBLISHER: TechNavio | PRODUCT CODE: 1666853
PUBLISHER: TechNavio | PRODUCT CODE: 1666853
The smart rings market is forecasted to grow by USD 117.89 thousand during 2024-2029, accelerating at a CAGR of 36.8% during the forecast period. The report on the smart rings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing digitization of global economy, advances in technology and miniature electronic components, and development of low-power electronics.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 26% |
CAGR | 36.8% |
Incremental Value | $117.89 th |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's smart rings market is segmented as below:
By Technology
By Application
By Type
By Geographical Landscape
This study identifies the popularity of wearable devices as payment methods as one of the prime reasons driving the smart rings market growth during the next few years. Also, increasing number of strategic partnerships and merger and acquisition (M&A) activities and growing application of smart rings for health and wellness will lead to sizable demand in the market.
The report on the smart rings market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart rings market vendors that include Circular, Contecto, E SENSES, Fujitsu Ltd., Guangdong Jiu Zhi Technology Co.Ltd, Haltian Oy, iQibla LLC, Jakcom Technology Co. Ltd., MTG Co. Ltd., Nimb Inc., Nuanic Oy, Origami Group Ltd., Oura Health Oy, Rajmall Inventives Pvt. Ltd., Ringly Inc., SLEEPON, Smart Siren Technology Inc., TheTouch X s.R.o., Tokenize Inc., and Ultrahuman Healthcare Pvt Ltd. Also, the smart rings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.