Article introduction
- In 2023, the global market size of smart rings will reach US$210 million, a year-on-year increase of 16.7%
- From 2024 to 2032, the global compound annual growth rate of the smart ring market will reach 24.1%, and is expected to reach approximately US$1 billion in 2032
- Increased attention to health in the consumer market, technological iteration and other factors have brought strong growth momentum
- Sports and health, appearance design, and diversified applications have become the development trends of the smart ring category
In the blink of an eye, 2023 has passed and we have entered a new year 2024.
Looking back on 2023, the smart wearable industry has experienced an extraordinary year. During this year, mainstream categories including watches, bracelets, etc. have achieved recovery and growth, and dazzling new products have doubled; while smart rings, which were still a niche category in the past, have experienced rapid development, with the emergence of many new and cutting-edge brands. As brands enter the game, "intelligence at your fingertips" has received unprecedented attention.
We are in a vibrant and innovative market. In the rapidly changing market environment, it is particularly important to make a retrospective summary of the past year and predict the future based on the summary.
In this article, I Love Audio Network will sort out the data of the smart ring market in 2023, make a retrospective summary of the technology trends throughout the year, and help manufacturers make a preliminary judgment on the market.
I Love Audio Network 2024 has a total of 10 market reports, covering four major areas: consumer audio, smart wearables, car audio, and hearing aids/assisted listening. It aims to share the latest information and development directions of the industry with everyone. Welcome to follow, collect, and share~
