Product Code: IRTNTR74327
Smart Rings Market 2024-2028
The smart rings market is forecasted to grow by USD 7.32 th during 2023-2028, accelerating at a CAGR of 31.2% 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 | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 22.8% |
CAGR | 31.2% |
Incremental Value | $7.32 th |
Technavio's smart rings market is segmented as below:
By Technology
- Bluetooth-enabled smart rings
- NFC-enabled smart rings
By Application
- Notifications
- Security
- Payment
- Health and wellness
- Data transfer
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
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 and 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:
- Smart Rings Market sizing
- Smart Rings Market forecast
- Smart Rings Market industry analysis
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, E SENSES, FEMOMETER INC, Guangdong Jiu Zhi Technology Co.Ltd, iQibla LLC, Jakcom Technology Co. Ltd., McLear Ltd., MTG Co. Ltd., Nuanic Oy, Origami Group Ltd., Oura Health Oy, Pi Ring, Rajmall Inventives Pvt. Ltd., Ringly Inc., SLEEPON, Smart Siren Technology Inc., TheTouch X s.r.o., Tokenize Inc., Ultrahuman Healthcare Pvt Ltd, and WELLNESYS INC.. 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 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 and vendor landscape in addition to an analysis of the key vendors.
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.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Global - Market size and forecast 2023-2028 ($ thousand)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Smart Rings Market 2018 - 2022
- Historic Market Size - Data Table on Global Smart Rings Market 2018 - 2022 ($ thousand)
- 4.2 Technology segment analysis 2018 - 2022
- Historic Market Size - Technology Segment 2018 - 2022 ($ thousand)
- 4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ thousand)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ thousand)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ thousand)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Technology
- 6.1 Market segments
- Chart on Technology - Market share 2023-2028 (%)
- Data Table on Technology - Market share 2023-2028 (%)
- 6.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
- 6.3 Bluetooth-enabled smart rings - Market size and forecast 2023-2028
- Chart on Bluetooth-enabled smart rings - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Bluetooth-enabled smart rings - Market size and forecast 2023-2028 ($ thousand)
- Chart on Bluetooth-enabled smart rings - Year-over-year growth 2023-2028 (%)
- Data Table on Bluetooth-enabled smart rings - Year-over-year growth 2023-2028 (%)
- 6.4 NFC-enabled smart rings - Market size and forecast 2023-2028
- Chart on NFC-enabled smart rings - Market size and forecast 2023-2028 ($ thousand)
- Data Table on NFC-enabled smart rings - Market size and forecast 2023-2028 ($ thousand)
- Chart on NFC-enabled smart rings - Year-over-year growth 2023-2028 (%)
- Data Table on NFC-enabled smart rings - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Technology
- Market opportunity by Technology ($ thousand)
- Data Table on Market opportunity by Technology ($ thousand)
7 Market Segmentation by Application
- 7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 7.3 Notifications - Market size and forecast 2023-2028
- Chart on Notifications - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Notifications - Market size and forecast 2023-2028 ($ thousand)
- Chart on Notifications - Year-over-year growth 2023-2028 (%)
- Data Table on Notifications - Year-over-year growth 2023-2028 (%)
- 7.4 Security - Market size and forecast 2023-2028
- Chart on Security - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Security - Market size and forecast 2023-2028 ($ thousand)
- Chart on Security - Year-over-year growth 2023-2028 (%)
- Data Table on Security - Year-over-year growth 2023-2028 (%)
- 7.5 Payment - Market size and forecast 2023-2028
- Chart on Payment - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Payment - Market size and forecast 2023-2028 ($ thousand)
- Chart on Payment - Year-over-year growth 2023-2028 (%)
- Data Table on Payment - Year-over-year growth 2023-2028 (%)
- 7.6 Health and wellness - Market size and forecast 2023-2028
- Chart on Health and wellness - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Health and wellness - Market size and forecast 2023-2028 ($ thousand)
- Chart on Health and wellness - Year-over-year growth 2023-2028 (%)
- Data Table on Health and wellness - Year-over-year growth 2023-2028 (%)
- 7.7 Data transfer - Market size and forecast 2023-2028
- Chart on Data transfer - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Data transfer - Market size and forecast 2023-2028 ($ thousand)
- Chart on Data transfer - Year-over-year growth 2023-2028 (%)
- Data Table on Data transfer - Year-over-year growth 2023-2028 (%)
- 7.8 Market opportunity by Application
- Market opportunity by Application ($ thousand)
- Data Table on Market opportunity by Application ($ thousand)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ thousand)
- Data Table on North America - Market size and forecast 2023-2028 ($ thousand)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Europe - Market size and forecast 2023-2028 ($ thousand)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ thousand)
- Data Table on APAC - Market size and forecast 2023-2028 ($ thousand)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ thousand)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ thousand)
- Data Table on South America - Market size and forecast 2023-2028 ($ thousand)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ thousand)
- Data Table on US - Market size and forecast 2023-2028 ($ thousand)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ thousand)
- Data Table on China - Market size and forecast 2023-2028 ($ thousand)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Germany - Market size and forecast 2023-2028 ($ thousand)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 Italy - Market size and forecast 2023-2028
- Chart on Italy - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Italy - Market size and forecast 2023-2028 ($ thousand)
- Chart on Italy - Year-over-year growth 2023-2028 (%)
- Data Table on Italy - Year-over-year growth 2023-2028 (%)
- 9.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ thousand)
- Data Table on Canada - Market size and forecast 2023-2028 ($ thousand)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ thousand)
- Data Tables on Market opportunity By Geographical Landscape ($ thousand)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 FEMOMETER INC
- FEMOMETER INC - Overview
- FEMOMETER INC - Product / Service
- FEMOMETER INC - Key offerings
- 12.4 iQibla LLC
- iQibla LLC - Overview
- iQibla LLC - Product / Service
- iQibla LLC - Key offerings
- 12.5 Jakcom Technology Co. Ltd.
- Jakcom Technology Co. Ltd. - Overview
- Jakcom Technology Co. Ltd. - Product / Service
- Jakcom Technology Co. Ltd. - Key offerings
- 12.6 McLear Ltd.
- McLear Ltd. - Overview
- McLear Ltd. - Product / Service
- McLear Ltd. - Key offerings
- 12.7 MTG Co. Ltd.
- MTG Co. Ltd. - Overview
- MTG Co. Ltd. - Product / Service
- MTG Co. Ltd. - Key offerings
- 12.8 Nuanic Oy
- Nuanic Oy - Overview
- Nuanic Oy - Product / Service
- Nuanic Oy - Key offerings
- 12.9 Oura Health Oy
- Oura Health Oy - Overview
- Oura Health Oy - Product / Service
- Oura Health Oy - Key offerings
- 12.10 Pi Ring
- Pi Ring - Overview
- Pi Ring - Product / Service
- Pi Ring - Key offerings
- 12.11 Rajmall Inventives Pvt. Ltd.
- Rajmall Inventives Pvt. Ltd. - Overview
- Rajmall Inventives Pvt. Ltd. - Product / Service
- Rajmall Inventives Pvt. Ltd. - Key offerings
- 12.12 Ringly Inc.
- Ringly Inc. - Overview
- Ringly Inc. - Product / Service
- Ringly Inc. - Key offerings
- 12.13 SLEEPON
- SLEEPON - Overview
- SLEEPON - Product / Service
- SLEEPON - Key offerings
- 12.14 Smart Siren Technology Inc.
- Smart Siren Technology Inc. - Overview
- Smart Siren Technology Inc. - Product / Service
- Smart Siren Technology Inc. - Key offerings
- 12.15 TheTouch X s.r.o.
- TheTouch X s.r.o. - Overview
- TheTouch X s.r.o. - Product / Service
- TheTouch X s.r.o. - Key offerings
- 12.16 Ultrahuman Healthcare Pvt Ltd
- Ultrahuman Healthcare Pvt Ltd - Overview
- Ultrahuman Healthcare Pvt Ltd - Product / Service
- Ultrahuman Healthcare Pvt Ltd - Key offerings
- 12.17 WELLNESYS INC.
- WELLNESYS INC. - Overview
- WELLNESYS INC. - Product / Service
- WELLNESYS INC. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations