Exciting News as Apple and Samsung Prepare to Release Smart Rings into the Wearable Tech Market

Saturday, 16 March 2024, 07:29

Samsung introduces the Galaxy Ring, a new smart ring wearable that will track health metrics similar to a smartwatch. The global smart ring market is expected to grow significantly, with projections suggesting a substantial increase from $314.52 billion in 2023 to $2,570.30 billion by 2030. Apple's potential foray into the smart ring sector adds an intriguing dynamic to the market landscape.
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Exciting News as Apple and Samsung Prepare to Release Smart Rings into the Wearable Tech Market

Apple, Samsung smart rings to be available soon: What's wearable tech?

Samsung unveiled the Galaxy Ring, a new smart ring wearable, during its Galaxy Unpacked event. Set to launch in late summer 2024, the device will monitor health metrics akin to a smartwatch. The global smart ring market is projected to surge from $314.52 billion (£246.3 billion) in 2023 to $2,570.30 billion (£2,012 billion) by 2030, prompting Apple's rumored entry into the market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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