About Smart Rings
The smart ring wearables were the latest addition to smart wearables technology in 2015. The smart rings are gaining popularity though they are overshadowed by smartwatches and smart bands. The application of smart rings is limited considering their compact size. The smart rings are mainly used for notifications, which are channeled from smartphones for calls, messages, and other apps. The smart rings can be used to unlock smartphones and smart door locks. Some of the near-field communication (NFC)-enabled smart rings are used for direct payment, which needs no authentication.
Technavio’s analysts forecast the global smart rings market to grow at a CAGR of 10.16% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart rings market for 2017-2021. To calculate the market size, the report considers wearable rings that can be technologically integrated or connected to smart devices.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Smart Rings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Jakcom
• Kerv Wearables
• Logbar
• Mota
• NFC Ring
• Ringly
• Vinaya
Other prominent vendors
• Nimb
• Oura
• TheTouch X
Market driver
• Advances in technology and miniature electronic components.
• For a full, detailed list, view our report
Market challenge
• Low participation from leading consumer electronic device manufacturers.
• For a full, detailed list, view our report
Market trend
• Investments by crowdfunding campaigns and venture capitalists.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Market overview
• Base year and forecast period
• Vendor segmentation
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by application
PART 07: Market segmentation by technology
PART 08: Geographical segmentation
PART 09: Market drivers
• Low power consumption by smart rings
• Advances in technology and miniature electronic components
• Smart rings being more than just a notifications device
PART 10: Impact of drivers
PART 11: Market challenges
• Bulky smart ring wearables
• Low value addition
• Difficulty in managing multiple wearable devices
• Low participation from leading consumer electronic device manufacturers
• Vulnerability to physical damages
• Fraudulent activities by startups
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Investments by crowdfunding campaigns and venture capitalists
• Increasing demand for wearables
• Increasing number of patents filed by emerging vendors
PART 14: Vendor landscape
• Competitive scenario
• Key vendor analysis
• Other prominent vendors
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global smart wearables market by unit shipment 2016 (million units)
Exhibit 03: Global smart wearables market by unit shipment 2016 (million units)
Exhibit 04: Segmentation of global smart rings market
Exhibit 05: Market size of global smart rings market 2016-2021 (revenue in $ millions)
Exhibit 06: Global smart ring 2016-2021 (unit shipment)
Exhibit 07: Average selling price of smart rings between 2016-2021 ($)
Exhibit 08: Optimistic market size of global smart rings market 2016-2021 ($ millions)
Exhibit 09: Unit shipments of global smart rings market 2016-2021
Exhibit 10: Global volatility of average selling price 2016-2021 ($)
Exhibit 11: Five forces analysis
Exhibit 12: Global smart rings market by application 2016 (% share)
Exhibit 13: Payment transaction limit by Kerv NFC-enabled smart ring for different regions 2016
Exhibit 14: Global smart rings market segmentation based on technology 2016
Exhibit 15: Global smart rings market by technology 2016-2021 ($ millions)
Exhibit 16: Global Bluetooth-based smart rings market 2016-2021
Exhibit 17: Global NFC-based smart rings market 2016-2021
Exhibit 18: Global smart rings market by geographical segmentation 2016-2021 (% share)
Exhibit 19: Global smart rings market in Americas 2016-2021 ($ millions)
Exhibit 20: Global smart rings market in EMEA 2016-2021 ($ millions)
Exhibit 21: Global smart rings market in APAC 2016-2021 ($ millions)
Exhibit 22: Impact of drivers
Exhibit 23: Impact of drivers and challenges
Exhibit 24: Global smartwatch market 2016-2021 (million units)
Exhibit 25: Global smart band market 2016-2021 (million units)
Exhibit 26: Other prominent vendors
