Overview:
The demand for the smart ring wearable will balloon to $25 million in sales next year. The market has seen a flurry of launches in the second half of this year and is expected to pick up in the upcoming holiday season. The Smart Ring shipment volume is estimated to double (2x) in 2024 compared to 2023. Durability, superior build quality, accurate sensors, convenient form factor, and longer battery life will stimulate consumer demand as an alternative to smartwatches. This report analyses the Smart Ring Market in India in terms of value and volume by brand and model for the years 2023 and 2024 along with key insights and assumptions.
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Author
Anshika Jain
Anshika is a Senior Analyst at Counterpoint Technology Market Research with over 13 years of experience in market research and business intelligence. She currently leads the Global Consumer IoT domain, focusing on wearables, hearables, smart home, and emerging technologies. Previously, she managed various research and consulting projects across sectors such as BFSI and Telecom. Additionally, she has significant client-handling experience with major multinational companies. Anshika holds an MBA in Finance from IMT Ghaziabad and a Bachelor’s degree in Economics from Hansraj College, Delhi University.
Harshit Rastogi
Harshit Rastogi is an Analyst based out of Gurgaon, India. He closely tracks global handset market ecosystem and wearables. He has over 4 years of experience analysing trends and deriving strategic insights for key stakeholders.
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