Apple and Samsung on the race to develop smart rings

Let’s look forward to Apple’s smart ring that may be released in the near future.

Source: internet

Samsung has revealed something really interesting called the Galaxy Ring, this is a smart ring that has many people excited, looking forward to what feature breakthroughs will happen next in the technology industry. Samsung’s global head of B2B Wearable/IoT/Accessories, Daniel Seung Lee, shared on LinkedIn that the new wearable product for health and fitness will launch in the second half of this year.

Now, it seems Apple doesn’t want to be left behind. There are rumors that Apple is developing its own smart ring, and it may appear sooner than we think.

A report from ETNews shared some internal information saying that Apple is about to reveal a smart ring product. After Samsung’s announcement, it seems that Apple is also ready to jump into this game. In fact, Apple has been working on this idea for a while and has many patents showing that they are serious about making the smart ring product a reality.

Apple has filed multiple patents surrounding smart rings over the years, including one from 2015 that shows the device has a small touchscreen, accelerometer and gyroscope for tracking. movement gestures, heart rate, and other features.

It can be seen that the smart ring market is not large but is expected to grow a lot. Experts say it can increase its market value from 20 million USD in 2023 to 200 million USD in 2031, increasing its scale 10 times within 8 years. That could be a big leap!

Smart rings offer several advantages over smart watches, mainly due to their more compact and less intrusive design. They are lighter and more discreet, making them easy to wear day and night, without causing discomfort. This elegant product is ideal for continuous health monitoring and sleep monitoring, without the need for a bulky smartwatch.

Additionally, smart rings can offer specialized sensors that come closer to the skin for more accurate readings, and their simplicity allows the technology to focus more on specific functions. like fitness tracking, notifications and contactless payments.

While we’re not sure when Apple’s smart ring will launch, it’s clear that they’ve been thinking about this for a long time. With the smart ring market poised to grow, it will be interesting to see what Apple comes up with.