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Smart Rings Market Growth Factor 2019 | Application Development, Trends Analysis, Forecasts to 2025 - McLEAR, Logbar, Ringly, Mota Group, Fujitsu Global, Moodmetric, VINAYA Technologies
Smart Rings Market
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The rising health awareness among the individuals also fosters the smart rings market. The smart rings are widely used for activity tracking and monitoring heart rates and sleeping patterns. Moreover, the technology is also used as the contact-less payment system. The market players are constantly innovating and developing advanced smart rings integrated with security and personal access control features.
Key Benefits-
• To Track And Analyze Competitive Developments, Such As Product Launches, Agreements, Partnerships, Collaborations, And Acquisitions In The Global Smart Rings Market.
• To Forecast The Size Of The Market Segments With Respect To Four Major Regional Segments, Namely, North America, Europe, Asia Pacific, And The Rest Of The World (Latin America And The Middle East & Africa).
Healthcare monitoring system, mobile or contactless payments, information sharing, notification access, user authentication, and access control are the major applications of the smart rings market. The NFC-enabled rings perform the contactless payment operations eliminating the requirement to carry the debit/ credit cards for the transaction while information sharing function includes receiving calls, emails, text messages, and other notification alerts. Monitoring healthcare issues is emerging as another important application due to their ability to track various fitness and health-related issues such as monitoring physical activities, blood pressure levels, sleep time, walk count, heartbeat count, and pulse rates. Also, other functions such as controlling audio and brightness of connected smart devices, taking pictures, and playing music are offered by the rings.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Ringly
2. MOTA Group
3. McLEAR
4. Kerv Wearables
5. Log bar
6. Fujitsu
7. Moodmetric
8. Shanxi Jakcom Technology.
9. Vinaya
10. Oura
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North America leads the smart rings market space due to the rise in the demand for wearable technology, rising number of smartphones, and inclination toward fashion jewelry. Asia Pacific is anticipated to grow significantly during the forecast period. The rise in the use of consumer electronic products such as wearable devices, tablets, laptops, and smartphones has propelled the market growth. Furthermore, the supportive government initiatives to promote the digitalization in the developing countries including India and China are driving the market growth.
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Global Market Insights, Inc.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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