Smart Rings Statistics By Usage, Country, Brands and Users
Joseph D'Souza
Updated · Apr 17, 2025
TABLE OF CONTENTS
Introduction
Smart Rings Statistics: A Smart Ring is a small, wearable device that looks like a regular ring but has advanced technology inside. It can track health and fitness and even control smart devices. Many smart rings can measure heart rate, sleep patterns, steps, and body temperature, making them useful for health-conscious people.
Some smart rings also allow users to make contactless payments, receive notifications, or unlock phones and smart locks. They are lightweight, stylish, and easy to wear all day.
Unlike smartwatches, smart rings are more discreet and have a longer battery life. As technology improves, more people are choosing smart rings for convenience and health tracking, making them a growing trend in wearable technology.
Editor’s Choice
- The global smart ring market was valued at approximately USD 348.56 million in 2024.
The market is expected to reach around USD 417.54 million by 2025, with a compound annual growth rate (CAGR) of 21.1% from 2025 to 2030. - Global smart ring sales were about 1.7 million units in 2024, with projections to reach 3.2 million units by 2028, indicating a year-over-year growth rate of 29.5%.
- Oura Health, a Finnish company, has sold over 2.5 million rings since its inception in 2013.
- Oura’s sales doubled in 2024, reaching approximately USD 500 million.
In December 2024, Oura Health’s valuation rose to USD 5.2 billion after securing USD 200 million in new funding. - The market size is projected to exceed USD 22.49 million by 2032.
- Online sales are the largest segment, holding over 63.48% of the market in 2023.
- North America was the largest market in 2023, with a 34% share.
- Major companies in the market include Akcom, Kerv Wearables, NFC Ring, Ringly, Logbar, and Mota.
- About 50% of smart ring users are interested in using them for mobile payments, especially with NFC technology.
- Approximately 37% of users primarily use smart rings for fitness tracking, such as step counting and heart rate monitoring.
Features of Smart Rings
- Health Monitoring: Track vital signs like heart rate, sleep patterns, and body temperature to provide insights into your well-being.
- Fitness Tracking: Monitor physical activities, including steps taken and calories burned.
- Sleep Analysis: Analyze sleep quality and duration, offering suggestions for better rest.
- Contactless Payments: Enable secure, tap-to-pay transactions without the need for cards or phones.
- Notifications: Receive alerts for calls, messages, and app updates through vibrations or lights.
- Access Control: Unlock doors, smartphones, or computers, replacing traditional keys and passwords.
- Gesture Control: Use hand movements to control devices like music players or presentations.
- Stress Monitoring: Assess stress levels by analyzing physiological data.
- Customizable Alerts: Set personalized reminders or alarms for important tasks and events.
- Integration with Other Devices: Sync seamlessly with smartphones, tablets, and smart home systems for enhanced functionality.
You May Also Like To Read
- Smart City Statistics
- Smart Home Statistics
- Smart TV Statistics
- Smart Clothing Statistics
- Smart Glasses Statistics
- Smart Door Lock Statistics
- Smart Door Statistics
- Smart Fans Statistics
- Smart Bed Statistics
What are Smart Rings?
This is a wearable electronic device those are available in the usual size of traditional rings and can be easily connected via Smartphone so that users can manage a few applications, such as receiving calls and replying to short messages, and many other activities. This smart device also includes a gesture control function when it’s connected to an electronic device.
Facts About Smart Rings
- Smart rings are popular for tracking health, fitness, and daily activities. They can monitor up to 70 different health metrics, like sleep patterns and activity levels.
- Many users prefer smart rings for their compact design and multifunctionality, making them especially favored in urban areas.
- Fitness tracking is a common use, with 37% of users focusing on monitoring steps, heart rate, and calories burned.
- Smart rings are increasingly being used for mobile payments, with about 50% of users interested in using NFC technology for this purpose.
- The market for smart rings is growing rapidly, especially in the Asia-Pacific region, due to rising smartphone and internet usage, as well as increasing disposable income.
- In 2023, North America holds the largest share of the smart ring market, accounting for 34%.
- Smart rings are becoming a key tool for controlling smart home devices, adding convenience to daily life.
- The leading brands in the smart ring industry include Boat, Noise, Oura, e-Senses, McLear Ltd, Bellabeat, Motiv, Circular Ring, Sleepon, and Kerv Wearables.
- Bluetooth and NFC are the main technologies used in smart rings.
- The market is segmented by operating systems, including Microsoft Windows, Android, and iOS.
- Android is expected to lead the smart ring industry by the end of 2023, with 2 billion monthly users, compared to 1 billion iOS users.
General Smart Ring Statistics
- As of 2023, the total revenue earned by Boat is USD 500 million.
- Research and Market Report analysis states that the market size of Smart Rings in the United States accounted for almost USD 1.6 million.
- The market growth is going to reach a CAGR of 8.2% from 2023 to 2032.
- Market growth is going to reach a CAGR of 8.2% from 2023 to 2032.
- Whereas, by the end of 2032, the market size is projected to exceed USD 22.49 million by 2032.
- As of October 2023, the total number of visitors to smartringsnews.com was 66.6K, and the bounce rate was around 69.12%.
- The website smartringnews.com has 86.38% organic traffic and 11.25% direct traffic.
- In the United States, the global rank of the website is 2.92 million, which has increased by 55.8K.
(Reference: custommarketinsights.com)
- India’s wearable market saw a significant 29.2% growth in the third quarter of this year, reaching a record 48.1 million units shipped.
- The market’s total shipments for the first three quarters of 2023 surpassed the entire shipment volume of 2022, with 105.9 million units shipped so far.
- Smartwatches emerged as the fastest-growing category, with 16.9 million units shipped, marking a 41% year-over-year growth.
- The smart ring category is gaining popularity, driven by its unique design and the introduction of several new models in recent months.
- Ultrahuman led the smart ring market with a dominant 75.5% market share, followed by Pi Ring with 10.9%, and boAt with 8.2%.
- The overall average selling price of wearables dropped by 20.4%, from USD 27.2 to USD 21.7.
- boAt continued to lead the overall wearable market with a 29.7% share, growing by 19.4%. It also maintained its leadership in the true wireless stereo (TWS) segment with a 37.9% share.
- Noise held the second position in overall wearables with a 10.8% share, though its growth was nearly flat at 0.6%.
- Earwear’s share within the wearables market decreased to 64.4% from 67.3% the previous year, but shipments still grew by 23.6% to 30.9 million units.
- Brands are offering high-end features at entry-level prices, combined with strong marketing campaigns, which is expected to boost shipments in the fourth quarter, leading to strong double-digit growth for 2023.
By Company
- The major players in the Smart Ring industry are Bellabeat, Boat, McLear Ltd., Motiv, Noise, etc.
- According to Data Horizon Research reports, as of 2023, the total revenue earned by Boat is USD 500 million.
- Furthermore, the revenue generated by other companies is followed by Bellabeat (USD 30 million), McLear Ltd. (USD 1.77 million), Motiv (USD 1.1 million), and Noise (USD 243 million).
By Country
-
Country Market Size
(USD)CAGR (2024 to 2031) United States
79.28 million 28.2% Canada 12.06 millio 29.2%
Mexico
9.14 million 28.9% United Kingdom 12.66 million 29.5%
France
6.93 million 27.9% Germany 14.92 million 28.9%
Italy
6.48 million 28.1% Russia 11.68 million 27.7%
Luxembourg
2.34 million 28.8% Portugal 1.58 million 28.5%
Greece
0.90 million 29.0% China 26.00 million 31.7%
Japan
7.97 million 30.7% India 6.93 million 34.0%
South Korea
5.78 million 31.3% Australia 3.00 million 31.9%
Brazil
5.38 million 30.2% Argentina 2.11 million 30.5%
Colombia
1.12 million 29.4% Peru 1.03 million 29.8%
Egypt
0.53 million 30.2% South Africa 0.79 million 30.9%
By Region
- North America: As of 2024, held about 40% of the global market, equating to USD 100.48 million.
- Europe: Accounted for over 30%, approximately USD 75.36 million.
- Asia Pacific: Represented around 23%, totaling USD 57.78 million.
- Latin America: Comprised about 5%, roughly USD 12.56 million.
- Middle East and Africa: Held around 2%, about USD 5.02 million.
Brand Adoption Statistics By Asian Countries
- In Hong Kong, Apple smart rings lead with a 44% share, followed by Samsung and Xiaomi, each at 20%. Boat has 13%, and other brands hold 3%.
- In Japan, Apple has a 40% share, while other brands collectively hold the largest share at 47%. Samsung has a 2% share, Xiaomi 7%, and Boat 4%.
- In Taiwan, Apple leads with a 32% share, followed by Xiaomi at 29%, Samsung at 12%, Boat at 18%, and other brands at 9%.
- In Vietnam, Samsung has the highest adoption rate at 35%, followed by Apple at 29%, Xiaomi at 24%, Boat at 10%, and others at 2%.
- In Thailand, Apple and Xiaomi are nearly equal, with shares of 29% and 25%, respectively. Samsung has a 23% share, Boat 5%, and other brands 18%.
- In Singapore, Apple holds a 29% share, while other brands dominate with a 40% share. Samsung has 18%, Xiaomi 10%, and Boat 3%.
- In China, Xiaomi leads with a 42% share, followed by Apple at 28%, Samsung at 8%, Boat at 4%, and other brands at 18%.
- In South Korea, Samsung leads significantly with a 51% share, followed by Apple at 25%, Xiaomi at 11%, Boat at 6%, and other brands at 7%.
- In Malaysia, Xiaomi leads with a 29% share, followed by Apple at 20%, Samsung at 19%, Boat at 5%, and other brands at 27%.
- In the Philippines, Samsung leads with a 29% share, followed by Xiaomi at 22%, Apple at 20%, Boat at 4%, and other brands at 25%.
- In India, Samsung leads with a 30% share, followed closely by Xiaomi at 29%. Apple holds an 18% share, Boat 16%, and other brands 7%.
- In Indonesia, Xiaomi and Samsung lead with 39% and 38% shares, respectively. Apple has a 15% share, Boat 7%, and other brands 1%.
Key Players in the Smart Ring
Youhong Medical
- Founded: 2004
- Focus: Youhong Medical is a top manufacturer in China specializing in mobile medical and smart wearable products.
- Product Areas: The company works in four main areas:
- Smart Wearables: Devices like smart rings that monitor health and activity.
- Sleep Monitoring: Products that help track and improve sleep quality.
- Chronic Disease Monitoring: Equipment that helps in the detection and management of chronic illnesses.
- Rehabilitation and Physiotherapy: Devices that aid in recovery and therapy.
- Services: Youhong Medical also offers customized R&D, production, medical registration, and maintenance. They provide one-stop solutions tailored to the needs of their clients.
Shenzhen EasyUs Technology
- Founded: 2017
- Focus: EasyUs Technology provides ODM (Original Design Manufacturing) and OEM (Original Equipment Manufacturing) services for precision electronic products.
- Product Applications: The company has diverse applications for smart rings, including:
- Health Monitoring: Features for tracking overall health.
- Sports Management: Tools to manage and track physical activity.
- Sleep Management: Monitoring systems to track sleep patterns.
- Women’s Health: Special features for tracking menstrual cycles.
- Services: EasyUs offers flexible production, collaborative development, and customized solutions to meet various customer needs.
Wuxi Yongxin Technology
- Founded: Late 2018
- Focus: Yongxin Technology is focused on providing chip-level solutions for the AIoT (Artificial Intelligence of Things) market.
- Technological Innovations: The company uses customized Chiplet chips and highly integrated packaging to:
- Reduce BOM (Bill of Materials) Costs: Cut material costs by 30%.
- Improve Product Yield: Increase the success rate of product manufacturing by 20%.
- Smart Ring Contributions: Yongxin Technology has developed interactive series rings and gesture interaction technologies. Their rings function as VR controllers, enabling interactions for AR/VR glasses, in-car entertainment, and large-screen controls.
You May Also Like To Read
- Smart Video Doorbell Statistics
- Google Home Smart Device Statistics
- Smart Alarm Systems Statistics
- Smart Refrigerators Statistics
- Smart Bulb Statistics
- Smart Home Cameras Statistics
- Smart Kitchen Appliances Statistics
- Smart Switches Statistics
- Smart Robot Vacuum Cleaners Statistics
- Smart AC’s Statistics
- Smart Home Devices Statistics
- Smart Washing Machine Statistics
- Smart Dishwasher Statistics
Best Smart Rings
(Source: zdnet.com)
- Oura Ring Gen3 (overall best smart ring) costs USD 299
- This ring requires USD 5.99 monthly membership costs
- Specifications require only 20 to 80 minutes to get fully charged, battery life is 4-7 days, it is easily compatible with iOS and Android, includes automatic firmware updates, and can be used in airplane mode.
(Source: zdnet.com)
- McLear RingPay (best for contactless payments) material uses hypoallergenic ceramic which costs $114
- Specifications: This device has built its first near-field communication or wireless data transferring for unlocking doors digitally.
- The best features are compatible with iOS and Android, waterproof, charging is not required, and available in different sizes starting from 4.5 to 16.
(Source: amazon.com)
- Leagway R Smart Ring (with the best multi-functional screen mode)
- This smart wearable costs around USD 24.99 and is available at Amazon
- This is one of the best contactless payments, which is connected via NFC card readers.
- Specifications include multi-functional screen modes made up of epoxy crystal ceramic, volcanic magnet, and germanium Grau.
- The advantages are waterproof and fall-resistant, it does not require a charge, and it unlocks the phone screen.
(Source: zdnet.com)
- Circular Ring (best ring for tracking health) made up of hypoallergenic material with interchangeable outer shells.
- Specification: This device is compatible with both Android and iOS, requires 60 minutes, has a battery life of 4 days, and is water resistant.
- This smart ring costs almost USD 395
(Source: amazon.com)
- Oumij NFC Smart Ring (best designed)
- This is built with an ultra-sensitive chip termed NFC (near-field communication chip). This is not just a smart wearable but a smart jewelry ring with innovative technology included within.
- Available at Amazon for USD 13.86, the dimensions of the product are 1.57*1.97*0.2 inches, and the weight is 0.352 ounces.
- The benefits are waterproof, launches applications instantly, does not require charge, and is sleek with an attractive design.
Website Traffic Statistics of Smart Rings
By Country
(Source: similarweb.com)
- As of October 2023, the United States of America had 24.42% of total traffic on smartringnews.com, but it recorded a decrease in total website visitors by 0.4%.
- Other countries recorded the following contribution in total traffic: the United Kingdom = 5.28% (+2.89%), Australia = 4.15% (+101.4%), Turkey = 2.3% (+34.88%), Czech Republic (2.17%), and other countries collectively made around 61.68%.
By Device
(Reference: semrush.com)
- Around the world, 61.67% belong to mobile users, and 38.33% belong to desktop smart ring users.
- 42.05% of total Smart Rings users belong to the United Kingdom resulting in 15.35K, out of these 100% are mobile users.
- The United States has 8.84K users resulting in 24.22% out of these 100% belonging to desktop.
- Out of the total players, 19.62% are from Italy resulting in 7.16 thousand, with 100% access to mobile devices.
- In Australia and Hong Kong, there are around 1.7K and 1.16K respective players resulting in 3.76% and 3.19%.
- Out of these desktop viewers of Australia and Hong Kong are followed by 100% and 100% users have accessed respectively.
By Age Distribution
(Reference: similarweb.com)
- The Smart Ring Statistics by the demographic state that the highest number of users observed is between the age group of 25 years to 34 years, resulting in 33.54%.
- There are 19.19% of smart ring users aged between 35 years to 44 years.
- 17.38% and 12.54% belong respectively to 45 years to 54 years and 45 years to 54 years.
- Only 8.42% of users are aged between 18 years to 24 years.
- And there are 8.2% of Smart ring users contributing from the age group of 65 years and above.
- According to the reports of the similar web, the male and female users are 56.2% and 43.8% respectively.
By Marketing Channel Distribution
(Reference: similarweb.com)
- According to Smart Rings Statistics, the highest rate of traffic towards smartringnews.com is by organic search, resulting in 86.38%.
- 11.25% is from direct sources, 2.1% is from social media, and 0.27% is from mail.
Conclusion
After completing the article on Smart Rings Statistics, it can be easily stated that this is the latest wearable technology in recent days as this device includes several advantages and features. If you are still not using it, then go and give it a try once, but before making your purchase, you must go through the above-detailed variations that are best suitable for you.
The markets of Smart Rings are enhancing, and the future is looking bright due to more innovation in technology. These articles include possible information those are explained elaborately and, hopefully, will help to understand the topic better.
Sources
Joseph D'Souza
Joseph D'Souza started Coolest Gadgets in 2005 to share his love for tech gadgets. It has since become a popular tech blog, famous for detailed gadget's reviews and companies statistics. Joseph is committed to providing clear, well-researched content, making tech easy to understand for everyone. Coolest Gadgets is a trusted source for tech news, loved by both tech fans and beginners.
