Global Smart Ring Market Size & Outlook, 2024-2030

The smart ring industry worldwide is expected to reach a projected revenue of US$ 1,101.6 million by 2030. A compound annual growth rate of 21.1% is expected of the worldwide smart ring industry from 2025 to 2030.
Revenue, 2024 (US$M)
$348.6
Forecast, 2030 (US$M)
$1,101.6
CAGR, 2025 - 2030
21.1%
Report Coverage
Worldwide

Global smart ring market highlights

  • The global smart ring market generated a revenue of USD 348.6 million in 2024 and is expected to reach USD 1,101.6 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 21.1% by 2030.
  • In terms of segment, health and wellness accounted for a revenue of USD 152.5 million in 2024.
  • Payment is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 348.6 million
Market revenue in 2030USD 1,101.6 million
Growth rate21.1% (CAGR from 2025 to 2030)
Largest segmentHealth and wellness
Fastest growing segmentPayment
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNotifications, Security, Payment, Health and wellness, Data transfer

Other key industry trends

  • In terms of revenue, the North America accounted for 27.0% of the global smart ring market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 42.2 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Smart Ring Market Companies

Name Profile # Employees HQ Website

Global smart ring market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart ring market will help companies and investors design strategic landscapes.


Health and wellness was the largest segment with a revenue share of 43.75% in 2024. Horizon Databook has segmented the Global smart ring market based on notifications, security, payment, health and wellness, data transfer covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Smart Ring Application Outlook (Revenue, USD Million, 2018-2030)
    • Health and wellness
    • Notifications
    • Data transfer
    • Security
    • Payment
  • Global Smart Ring Technology Outlook (Revenue, USD Million, 2018-2030)
    • Bluetooth-enabled smart rings
    • NFC-enabled smart rings
  • Global Smart Ring Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Offline
    • Online

Reasons to subscribe to Global smart ring market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global smart ring market databook

  • Our clientele includes a mix of smart ring market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global smart ring market , including forecasts for subscribers. This global databook contains high-level insights into Global smart ring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global smart ring market size, by regions, 2018-2030 (US$M)

Top 10 countries: Smart ring market size, 2024 (US$M)

Global smart ring market share, by application, 2024 & 2030 (%, US$M)

Smart ring market: Opportunity assessment by country

Global smart ring market, by region, 2024 (US$M)

Global smart ring market size, by regions, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more