Smart Rings Market Insights and Outlook, 2024-2030 - NFC-based Smart Rings Set to Grow at 25% CAGR; Chinese Market Set to Reach $4 Million by 2030


Dublin, July 17, 2024 (GLOBE NEWSWIRE) -- The "Smart Rings - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Smart Rings is estimated at US$6.1 Million in 2023 and is projected to reach US$23 Million by 2030, growing at a CAGR of 20.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.



Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Bluetooth-based Smart Rings segment, which is expected to reach US$12.4 Million by 2030 with a CAGR of 17.9%. The NFC-based Smart Rings segment is also set to grow at 25% CAGR over the next 7 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.9 Million in 2023, and China, forecasted to grow at an impressive 20.4% CAGR to reach $4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Smart Rings Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Smart Rings Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Smart Rings Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Jakcom Technology Co., Ltd., Logbar Inc., Mota Group, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

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.

Key Attributes

Report AttributeDetails
No. of Pages242
Forecast Period2023-2030
Estimated Market Value (USD) in 2023$6.1 Million
Forecasted Market Value (USD) by 2030$23 Million
Compound Annual Growth Rate20.8%
Regions CoveredGlobal

For more information about this report visit https://www.researchandmarkets.com/r/cp4ev3

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Smart Rings Market

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