Smart Rings Market By Technology (Bluetooth, NFC) - Growth, Share, Opportunities & Competitive Analysis, 2017 – 2025
The smart ring is a type of wearable electronic device with the capability to connect with smartphones and other smart gadgets. The smart rings can interact with smartphones and enable users to check notifications and operate applications through simple gesture control. Smart rings have been gaining immense popularity in the recent years on account of factors such as enhanced mobility, comfort, and functionality. With ease of connectivity and accessibility, the demand for smart rings is expected to grow even further in the following years.
Rising health awareness among consumers is one of the major factors driving the demand for smart rings. A wide range of smart rings are currently available in the market which offer various health and wellness features. Activity, heart beat and sleep are few of the many activities which can be monitored easily with the help of a smart ring connected to the smartphone through a mobile application. Some of the latest smart rings released are loaded with features such as contactless payments and metro ticketing similar to cash cards and mobile payments. Manufacturers are coming up with improved transactions and security features in the smart rings. In addition, a variety of smart rings provide the feature of secure personal access control. The device is gaining popularity for access control applications on account of its simplicity and ease of access. Thereby, smart rings have been witnessing higher adoption among consumers for varied applications.
The report titled “Smart Rings Market- Growth, Future Prospects and Competitive Landscape, 2017-2025” offers strategic insights into the global smart rings market with a focus on the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on technology and cross-sectional study across different geographies. The study covers the comparative analysis of each sub-segment for the years 2016-2025. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.
In order to help strategic decision makers, the report also includes competitive profiling of the leading smart ring manufacturers, their strategies, market positioning and key developments. Some of the major players profiled in the report include Ringly, Inc., Kerv Wearables Ltd., Shanxi Jakcom Technology Ltd., McLear Ltd., Logbar, Inc., Mota Group, Inc, Fujitsu Ltd., Nimb, Inc., Oura and Moodmetric.
Other in-depth analysis provided in the report includes:
- Current and future market trends to justify the forthcoming attractive markets within the smart rings industry.
- Market fuelers, market impediments, and their impact on the market growth
- Market inclination insights and key trend analysis for smart rings market
- In-depth competitive environment analysis
- Trailing 2-Year market size data (2015 – 2016)
Overall, the research study provides a holistic view of the global smart rings market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.
The global smart rings market is segmented, based on technology, into the following categories:
- Bluetooth
- NFC
As of 2016, the Bluetooth technology for smart ring communication dominated the overall smart rings market worldwide. Bluetooth technology is the first technology used for the smart rings to connect with smartphones and other smart gadgets. Bluetooth smart rings are usually loaded with numerous features such as an accelerometer, pulse-oximeter and ability to control most applications on smartphones. Consequently, the ring is extensively used by consumers for a better hands-free connectivity.
Near field communication (NFC) technology is a new addition to the smart ring connectivity. NFC technology is a fastest growing segment in terms of revenue, as of 2016. NFC smart rings are extensively used for applications such as contactless payments, paying for commutes, metro fares and access control for connected smart homes. In addition, NFC rings are equipped with the feature of sending distress messages to pre-selected contacts with help of a mobile application. NFC smart rings are growing at a significant rate owing to the aforementioned applications and merits.
The global smart rings market has been segmented, on the basis of geographical regions, as per following regions and countries:
- North America
- U.S.
- Rest of North America
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Rest of Asia Pacific
- Rest of the World (RoW)
- The Middle East and Africa
- Latin America
As of 2016, Asia Pacific dominated the overall smart rings market in terms of revenue as well as in volume. Asia Pacific has been witnessing a strong growth in electronics and smart gadgets market in the recent years. Improving living standards and rise in disposable income have resulted in exponential growth in the consumer electronics, smart gadgets and wearable devices. Furthermore, rising awareness and acceptance of innovative technologies have escalated the demand for the smart rings in this region. Asia Pacific is expected to maintain its dominance in the overall smart rings market throughout the forecast period during 2017 to 2025.
North America trailed Asia Pacific in the overall smart rings market in terms of revenue and volume. Smart rings are used extensively in this region and the market is expected to flourish at a consistent rate in the following years. The heavy concentration of major smart gadget manufacturing companies is also one of the prime factors of wide spread adoption of smart rings in the region.
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global Smart Ring Market Snapshot
2.2. Global Smart Ring Market, By Technology
3. Global Smart Ring Market Analysis
3.1. Global Smart Ring Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Industry Participants
3.6.1. Major Strategies Adopted
3.6.2. Analyst Recommendations
4. Global Smart Ring Market Revenue, By Technology, 2015 – 2025 (US$ Mn)
4.1. Market Analysis
4.2. Bluetooth
4.3. NFC
5. North America Smart Ring Market Analysis, 2015 – 2025 (US$ Mn)
5.1. North America Smart Ring Market Revenue, By Technology, 2015 – 2025 (US$ Mn)
5.1.1. Bluetooth
5.1.2. NFC
5.2. North America Smart Ring Market Revenue, By Country, 2015 – 2025 (US$ Mn)
5.2.1. U.S.
5.2.2. Rest of North America
6. Europe Smart Ring Market Analysis, 2015 – 2025 (US$ Mn)
6.1. Europe Smart Ring Market Revenue, By Technology, 2015 – 2025 (US$ Mn)
6.1.1. Bluetooth
6.1.2. NFC
6.2. Europe Smart Ring Market Revenue, By Region, 2015 – 2025 (US$ Mn)
6.2.1. U.K.
6.2.2. Germany
6.2.3. France
6.2.4. Rest of Europe
7. Asia Pacific Smart Ring Market Analysis, 2015 – 2025 (US$ Mn)
7.1. Asia Pacific Smart Ring Market Revenue, By Technology, 2015 – 2025 (US$ Mn)
7.1.1. Bluetooth
7.1.2. NFC
7.2. Asia Pacific Smart Ring Market Revenue, By Country, 2015 – 2025 (US$ Mn)
7.2.1. Japan
7.2.2. China
7.2.3. India
7.2.4. Rest of Asia Pacific
8. Rest of World Smart Ring Market Analysis, 2015 – 2025 (US$ Mn)
8.1. Rest of World Smart Ring Market Revenue, By Technology, 2015 – 2025 (US$ Mn)
8.1.1. Bluetooth
8.1.2. NFC
8.2. Rest of World Smart Ring Market Revenue, By Region, 2015 – 2025 (US$ Mn)
8.2.1. Latin America
8.2.2. Middle-East and Africa
9. Company Profiles
9.1. Ringly Inc.
9.2. Kerv Wearables Ltd.
9.3. Shanxi Jakcom Technology Ltd.
9.4. McLear Ltd.
9.5. Logbar Inc.
9.6. Mota Group, Inc.
9.7. Fujitsu Ltd.
9.8. Nimb Inc.
9.9. Ōura
9.10. Moodmetric
TABLE 1 Market Snapshot: Global Smart Ring Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 5 North America Smart Ring Market Revenue, By Country, 2015 - 2025 (US$ Mn)
TABLE 6 U.S. Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 7 Rest of North America Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 8 Europe Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 9 Europe Smart Ring Market Revenue, By Country, 2015 - 2025 (US$ Mn)
TABLE 10 U.K. Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 11 France Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 12 Germany Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 13 Rest of Europe Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 14 Asia Pacific Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 15 Asia Pacific Smart Ring Market Revenue, By Country, 2015 - 2025 (US$ Mn)
TABLE 16 China Smart Ring Market Revenue, By Technology, 2015- 2025 (US$ Mn)
TABLE 17 Japan Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 18 India Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 19 Rest of Asia Pacific Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 20 Rest of World Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 21 Rest of World Smart Ring Market Revenue, By Region, 2015 - 2025 (US$ Mn)
TABLE 22 Latin America Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 23 Middle-East and Africa Smart Ring Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
TABLE 24 Ringly Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 25 Kerv Wearables Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 26 Shanxi Jakcom Technology Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 27 McLear Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 28 Logbar Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 29 Mota Group, Inc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 30 Fujitsu Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 31 Nimb Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 32 Ōura: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 33 Moodmetric: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
FIG. 1 Global Smart Ring: Market Segmentation
FIG. 2 Global Smart Ring Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Smart Ring Market, By Technology, 2016 (US$ Mn)
FIG. 5 Global Smart Ring Market, By Geography, 2016 (US$ Mn)
FIG. 6 Global Smart Ring Market Revenue and Growth, 2015 - 2025, (US$ Mn and % Y-o-Y)
FIG. 7 See-Saw Analysis : Global Smart Ring Market
FIG. 8 Market Positioning of Key Industry Participants, 2016
FIG. 9 Global Smart Ring Market Revenue Contribution, By Technology, 2016 & 2025 (Value %)
FIG. 10 Global Bluetooth Smart Ring Market Revenue and Growth, 2015 - 2025, (US$ Mn)
FIG. 11 Global NFC Smart Ring Market Revenue and Growth, 2015 - 2025, (US$ Mn)
FIG. 12 Global Smart Ring for Others Market Revenue and Growth, 2015 - 2025, (US$ Mn)
FIG. 13 North America Smart Ring Market Revenue and Growth, 2015 - 2025, (US$ Mn) (Y-o-Y %)
FIG. 14 Europe Smart Ring Market Revenue and Growth, 2015 - 2025, (US$ Mn) (Y-o-Y %)
FIG. 15 Asia Pacific Smart Ring Market Revenue and Growth, 2015 - 2025, (US$ Mn) (Y-o-Y %)
FIG. 16 RoW Smart Ring Market Revenue and Growth, 2015– 2025, (US$ Mn) (Y-o-Y %)
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