Press release
Global Smart Ring Market: Business overview, application and specification, sales, revenue, price (USD/Unit) and gross margin to forecast year 2018-2025
Smart Ring is a compact and lightweight wearable ring-type device that offers handwriting-input functionality and a reader for near-field communications (NFC) tags. A smart ring that empowers wearers to rule them all – their smartphone, smart home appliances, Google Glass, smartwatch and a variety of digital-enabled interactions, to be more precise.
At present, in the foreign industrial developed countries the smart ring industry is generally at the beginning level, the world's enterprises are mainly concentrated in North America, EU and China. Meanwhile, foreign companies have more mature eco-system of both software and hardware, strong R & D capability, the technical level is in a leading position. There are enabling policies from different countries.
Smart ring industry is a high technology industry, the important part is the ecosystem and innovation technology. There has to be different cooperation between different industries such as system platform, cloud services, App store, App software, and sometime need other equipment to realize the special function.
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The smart ring still have a lot of opportunities with this huge market ahead. However, the enterprises have to solve the problems such as high operating cost and some technical difficulties and so on.
The global Smart Ring market is valued at 7 million US$ in 2017 and will reach 55 million US$ by the end of 2025, growing at a CAGR of 28.9% during 2018-2025.
The major manufacturers covered in this report
McLear Ltd
Nod Ring
GEAK
Ringly
MOTA
Mycestro
Arcus
Thumb Track
Ring Theory
Jakcom Technology
Sirenring
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
United States
EU
China
Japan
South Korea
Taiwan
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