Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Smart Ring Market by Type (Android, IOS, Windows Phone, Compatible Systems), By Application (Health and Movement, Device Control, Communication) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Smart Ring Market by Type (Android, IOS, Windows Phone, Compatible Systems), By Application (Health and Movement, Device Control, Communication) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155270 3300 Machinery & Equipment 377 233 Pages 4.6 (41)

Market Overview:

The global smart ring market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wearable devices and rising awareness about health and fitness. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into Android, IOS, Windows Phone, and compatible systems. Android dominates the global smart ring market owing to its large user base across different regions. On the basis of application, health and movement dominates the global smart ring market followed by device control and communication respectively. Rising awareness about health benefits offered by these devices is driving their adoption among consumers across different regions.

Global Smart Ring Industry Outlook

Product Definition:

A Smart Ring is a wearable device that performs specific actions or tasks based on finger gestures. The importance of Smart Rings is that they provide an alternative to touchscreen devices for performing certain tasks, such as scrolling through a document or opening an application. They can also be used to control other devices, such as smart TVs or thermostats.


Android is a mobile operating system developed by Google, which is used in several devices including smartphones and wearables. The smart ring concept was first introduced in 2014 with the launch of Samsung’s Galaxy S4. Since then, it has gained popularity among other OEMs as well as startups owing to its ability to provide an extended battery life and continuous connectivity to users.


IOS (Internet of things) is a network technology that allows the communication between electronic devices and their integration with the internet. It provides services such as data sharing, data processing, data visualization and analytics over a network without requiring human interaction. The smart ring IOS uses Bluetooth to communicate with other devices; it also has Wi-Fi connectivity for remote monitoring through an application on a smartphone.

Application Insights:

The device control application segment dominated the global smart ring market in terms of revenue share in 2017. This is attributed to the increasing demand for rings that can be used for controlling various home appliances and electronics devices. For instance, Samsung has introduced a Smart Home Control feature with its latest smartphones, where users can control different devices connected to a SmartThings hub using natural language processing and voice recognition features built into these phones. The same technology will soon be implemented into smart rings as well, thereby making them an integral part of the ¢â‚¬Ëœsmart home¢â‚¬â„¢ concept.

The communication application segment is expected to witness significant growth over the forecast period owing to rising adoption of wearable technologies such as fitness bands and smartwatches among young people across various regions including North America and Europe.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing product launches, coupled with growing smart device adoption in this region. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income and changing lifestyles of consumers, thereby leading them towards a purchase of premium jewelry products with enhanced technology features and designs. Moreover, increasing investments by prominent players such as Samsung Electronics Co., Ltd.; Google LLC; Huawei Technologies Co., Ltd.; ZTE Corporation; LG Electronics Inc.; vivo YT Technology Company Limited; BBK electronics (Hangzhou) Technology Co.,Ltd for launching their own branded smartphones are also driving demand for smart rings in this region.

Growth Factors:

  • Increasing demand for smart wearable devices: The global market for smart wearable devices is expected to grow at a CAGR of more than 20% during the forecast period. This is mainly due to the increasing demand for fitness and health-related applications, growing popularity of IoT, and rising awareness about the benefits of using such devices.
  • Proliferation of low-cost sensors: The development of low-cost sensors has helped in the proliferation of smart wearable devices. This has led to an increase in their adoption by consumers as well as enterprises.
  • Growing number of partnerships and collaborations: The key players in the Smart Ring market are collaborating with each other to develop new products and expand their customer base. For instance, Apple Inc., Samsung Electronics Co., Ltd., and LG Electronics Inc have entered into a partnership to develop new products that will work with each company’s respective operating systems (OS).
  • Rising demand from emerging markets: A large number of consumers in emerging markets are adopting smart wearable devices owing to the increasing disposable income levels and improving infrastructure conditions (ease of access to electricity, internet connectivity, etc.). This is providing a major impetus to the growth prospects for this market segment worldwide.. 5

Scope Of The Report

Report Attributes

Report Details

Report Title

Smart Ring Market Research Report

By Type

Android, IOS, Windows Phone, Compatible Systems

By Application

Health and Movement, Device Control, Communication

By Companies

McLear Ltd, Thumb Track, Ringly, Nod Ring, Arcus, GEAK, Jakcom Technology, Mycestro, MOTA, Ring Theory, Logbar Ring, Neyya, Sirenring, Moodmetric, Acare, VINAYA Technologies, Kerv, Vring, GalaGreat, VINAYA Technologies, Logbar Ring, Acare, Vring, Neyya, RHL Vision Technologies Pvt, Moodmetric

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Smart Ring Market Report Segments:

The global Smart Ring market is segmented on the basis of:


Android, IOS, Windows Phone, Compatible Systems

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Health and Movement, Device Control, Communication

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. McLear Ltd
  2. Thumb Track
  3. Ringly
  4. Nod Ring
  5. Arcus
  6. GEAK
  7. Jakcom Technology
  8. Mycestro
  9. MOTA
  10. Ring Theory
  11. Logbar Ring
  12. Neyya
  13. Sirenring
  14. Moodmetric
  15. Acare
  16. VINAYA Technologies
  17. Kerv
  18. Vring
  19. GalaGreat
  20. VINAYA Technologies
  21. Logbar Ring
  22. Acare
  23. Vring
  24. Neyya
  25. RHL Vision Technologies Pvt
  26. Moodmetric

Global Smart Ring Market Overview

Highlights of The Smart Ring Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Android
    2. IOS
    3. Windows Phone
    4. Compatible Systems
  1. By Application:

    1. Health and Movement
    2. Device Control
    3. Communication
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Smart Ring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Smart Ring Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Smart Ring is a wearable device that can be controlled with your voice. It has various features, such as the ability to control music playback, answer phone calls, and access notifications.

Some of the major companies in the smart ring market are McLear Ltd, Thumb Track, Ringly, Nod Ring, Arcus, GEAK, Jakcom Technology, Mycestro, MOTA, Ring Theory, Logbar Ring, Neyya, Sirenring, Moodmetric, Acare, VINAYA Technologies, Kerv, Vring, GalaGreat, VINAYA Technologies, Logbar Ring, Acare, Vring, Neyya, RHL Vision Technologies Pvt, Moodmetric.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Smart Ring Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Smart Ring Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Smart Ring Market - Supply Chain
   4.5. Global Smart Ring Market Forecast
      4.5.1. Smart Ring Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Smart Ring Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Smart Ring Market Absolute $ Opportunity

5. Global Smart Ring Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Smart Ring Market Size and Volume Forecast by Type
      5.3.1. Android
      5.3.2. IOS
      5.3.3. Windows Phone
      5.3.4. Compatible Systems
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Smart Ring Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Smart Ring Market Size and Volume Forecast by Application
      6.3.1. Health and Movement
      6.3.2. Device Control
      6.3.3. Communication
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Smart Ring Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Smart Ring Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Smart Ring Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Smart Ring Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Smart Ring Demand Share Forecast, 2019-2026

9. North America Smart Ring Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Smart Ring Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Smart Ring Market Size and Volume Forecast by Application
      9.4.1. Health and Movement
      9.4.2. Device Control
      9.4.3. Communication
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Smart Ring Market Size and Volume Forecast by Type
      9.7.1. Android
      9.7.2. IOS
      9.7.3. Windows Phone
      9.7.4. Compatible Systems
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Smart Ring Demand Share Forecast, 2019-2026

10. Latin America Smart Ring Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Smart Ring Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Smart Ring Market Size and Volume Forecast by Application
      10.4.1. Health and Movement
      10.4.2. Device Control
      10.4.3. Communication
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Smart Ring Market Size and Volume Forecast by Type
      10.7.1. Android
      10.7.2. IOS
      10.7.3. Windows Phone
      10.7.4. Compatible Systems
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Smart Ring Demand Share Forecast, 2019-2026

11. Europe Smart Ring Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Smart Ring Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Smart Ring Market Size and Volume Forecast by Application
      11.4.1. Health and Movement
      11.4.2. Device Control
      11.4.3. Communication
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Smart Ring Market Size and Volume Forecast by Type
      11.7.1. Android
      11.7.2. IOS
      11.7.3. Windows Phone
      11.7.4. Compatible Systems
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Smart Ring Demand Share, 2019-2026

12. Asia Pacific Smart Ring Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Smart Ring Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Smart Ring Market Size and Volume Forecast by Application
      12.4.1. Health and Movement
      12.4.2. Device Control
      12.4.3. Communication
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Smart Ring Market Size and Volume Forecast by Type
      12.7.1. Android
      12.7.2. IOS
      12.7.3. Windows Phone
      12.7.4. Compatible Systems
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Smart Ring Demand Share, 2019-2026

13. Middle East & Africa Smart Ring Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Smart Ring Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Smart Ring Market Size and Volume Forecast by Application
      13.4.1. Health and Movement
      13.4.2. Device Control
      13.4.3. Communication
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Smart Ring Market Size and Volume Forecast by Type
      13.7.1. Android
      13.7.2. IOS
      13.7.3. Windows Phone
      13.7.4. Compatible Systems
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Smart Ring Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Smart Ring Market: Market Share Analysis
   14.2. Smart Ring Distributors and Customers
   14.3. Smart Ring Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. McLear Ltd Overview Financials Developments Strategic Outlook
      14.4.2. Thumb Track Overview Financials Developments Strategic Outlook
      14.4.3. Ringly Overview Financials Developments Strategic Outlook
      14.4.4. Nod Ring Overview Financials Developments Strategic Outlook
      14.4.5. Arcus Overview Financials Developments Strategic Outlook
      14.4.6. GEAK Overview Financials Developments Strategic Outlook
      14.4.7. Jakcom Technology Overview Financials Developments Strategic Outlook
      14.4.8. Mycestro Overview Financials Developments Strategic Outlook
      14.4.9. MOTA Overview Financials Developments Strategic Outlook
      14.4.10. Ring Theory Overview Financials Developments Strategic Outlook
      14.4.11. Logbar Ring Overview Financials Developments Strategic Outlook
      14.4.12. Neyya Overview Financials Developments Strategic Outlook
      14.4.13. Sirenring Overview Financials Developments Strategic Outlook
      14.4.14. Moodmetric Overview Financials Developments Strategic Outlook
      14.4.15. Acare Overview Financials Developments Strategic Outlook
      14.4.16. VINAYA Technologies Overview Financials Developments Strategic Outlook
      14.4.17. Kerv Overview Financials Developments Strategic Outlook
      14.4.18. Vring Overview Financials Developments Strategic Outlook
      14.4.19. GalaGreat Overview Financials Developments Strategic Outlook
      14.4.20. VINAYA Technologies Overview Financials Developments Strategic Outlook

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