How big is the Japan Fitness Ring Market?

The Japan Fitness Ring Market size is expected to reach USD 23.47 million in 2024 and grow at a CAGR of 9.73% to reach USD 37.33 million by 2029. Read More

What is the current Japan Fitness Ring Market size?

In 2024, the Japan Fitness Ring Market size is expected to reach USD 23.47 million. Read More

Who are the key players in Japan Fitness Ring Market?

Fitbit, Inc., Xiaomi Corporation, Apple Inc., Garmin Ltd. and Samsung Electronics Co., Ltd. are the major companies operating in the Japan Fitness Ring Market. Read More

What years does this Japan Fitness Ring Market cover, and what was the market size in 2023?

In 2023, the Japan Fitness Ring Market size was estimated at USD 21.19 million. The report covers the Japan Fitness Ring Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Fitness Ring Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Japan Fitness Ring Market Share

Statistics for the 2023 & 2024 Japan Fitness Ring market share, created by Mordor Intelligence™ Industry Reports. Japan Fitness Ring share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Japan Fitness Ring Industry

The Japanese fitness ring market is fragmented with the presence of major players like Apple Inc., Garmin Ltd, etc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

June 2024: NTT DOCOMO Ventures Inc. announced its investment in SOXAI Inc., a pioneer in Japan's health data analytics with its innovative smart ring. The SOXAI RING, designed for health management, boasts the title of the world's smallest smart ring, measuring just 7.6 mm in width, 2.5 mm in thickness, and weighing around 3 g. This advanced ring comes equipped with an optical vital signs sensor, a temperature sensor, and an acceleration sensor, enabling it to monitor sleep quality, activity levels, calorie expenditure, heart rate variability, and other key physical performance metrics.
June 2024: Samsung announced that it plans to unveil its Galaxy Ring either by late 2024 or in early 2025. While the tech giant is in the advanced stages of development, there is a possibility of a delay in the launch. Additionally, reports suggest that Samsung is considering sourcing circuit boards from Meiko, a Japanese manufacturer.