Global Smart Rings Market to Reach $23 Million by 2030
The global market for Smart Rings estimated at US$5 Million in the year 2022, is projected to reach a revised size of US$23 Million by 2030, growing at a CAGR of 20.9% over the analysis period 2022-2030. Bluetooth-based Smart Rings, one of the segments analyzed in the report, is projected to record 18.1% CAGR and reach US$12.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the NFC-based Smart Rings segment is readjusted to a revised 25.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.6 Million, While China is Forecast to Grow at 20.5% CAGR
The Smart Rings market in the U.S. is estimated at US$1.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4 Million by the year 2030 trailing a CAGR of 20.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.1% and 17.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR.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.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Jakcom Technology Co., Ltd.
- Logbar Inc.
- Mota Group, Inc.
- NFC Ring
- Nimb Inc.
- Oura Health Ltd.
- Ringly Inc.
- TheTouch X s.r.o.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 242 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 5 Million |
Forecasted Market Value ( USD | $ 23 Million |
Compound Annual Growth Rate | 21.0% |
Regions Covered | Global |